Chinese yuan’s forex market share grows to 8.5% as global position firms: BIS survey
The Chinese yuan’s share in global foreign exchange (forex) trading climbed to 8.5 per cent this year while…
Huawei to Double Output of Its Advanced AI Chip Ascend, Unseat Nvidia in China
Huawei Technologies Co. is preparing to sharply ramp up production of its most advanced artificial intelligence chips over…
China to Hold Plenum on Five-Year Plan From Oct. 20 to 23
China’s ruling Communist Party will convene a closed-door meeting from Oct. 20 to 23 to review development plans…
China’s ‘full stack’ AI ambitions on show at Alibaba’s Apsara Conference
China’s full artificial intelligence technology stack was on display at this year’s Apsara Conference, the annual gathering of…
How Hong Kong’s role in Beijing’s economic strategy could evolve in the next 5 years
As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that…
Home-grown heroes: how Huawei and DeepSeek are helping China break reliance on US chips
When Chinese artificial intelligence start-up DeepSeek unveiled an updated foundational model late in August, investors in Nvidia were…
China unveils giant ‘robot boot camps’ to train up world-leading humanoids
China is going all out to outpace the United States in the race to develop advanced humanoid robots.…
China’s banks face their ‘Japanification moment’, S&P report warns
China’s banks are edging towards their “Japanification moment”, as years of yielding margins to support the economy have…
China Urges Its Companies to Avoid Taking Price Wars to the US
China called on its companies doing business in the US to avoid extending their price wars there —…
In China, Ray Dalio discusses global debt issues as Beijing seeks his counsel
As China works to defuse its debt risks, and with unchained US borrowing rocketing skyward, Ray Dalio finds…
Is a rumoured US rare earth fund coming too late to catch up with China?
As China consolidates its near-monopoly status in critical minerals and rare earth elements – essential raw materials for…
China Buys More Argentine Soybeans as Tax Relief Spurs Trade
China bought at least 10 more cargoes of Argentine soybeans, taking advantage of a temporary break in the…