Regions

Investors Suspect Beijing Behind Controlled Yuan Decline

The currencies of China's trading partners have weakened faster than the yuan recently, eroding the country's export competitiveness and hampering…

16 hours ago

Shimao Bondholders Group to Vote Against Debt Revamp Plan

The creditors’ opposition to the proposal could be a major problem for the ailing property giant and China’s crisis-hit real…

18 hours ago

China’s Country Garden ‘Hires Kroll For Liquidation Assessment’

Sources say China's biggest developer, which went into default in October with debts of $190 billion, has hired Kroll to…

21 hours ago

Xi to Visiting Dutch PM: No One Can Stop China’s Tech Progress

The Chinese president also warned his Dutch counterpart against restricting chip ties with Beijing, amid increasing pressure from the United…

21 hours ago

Alibaba Ditches Cainiao IPO, Offers to Buy Remaining Shares

The e-commerce giant has abandoned plans to list its cross-border logistics unit and is offering minority shareholders of Cainiao a…

22 hours ago

Fear of US Sanctions Delaying Oil Payments to Russia, Banks Say

A US Treasury warning of secondary sanctions has sparked concern among banks in China, Turkey and the UAE, delaying payments…

1 day ago

China’s Factories Enjoy a Jump in Profits, Official Data Shows

Profits jumped by 10% in the first two months of 2024, data from the National Bureau of Statistics showed, suggesting…

1 day ago

Indian Refiners Turn to US Crude as Russia Sanctions Bite

More than 250,000 barrels of US crude are set to arrive in India every day next month, the highest in…

2 days ago

China Launches WTO Complaint Against US Over EV Subsidies

Beijing claims Washington is using the cover of climate change and emissions reductions to avoid subsidising Chinese products in its…

2 days ago

China’s Xi to Meet US Business Chiefs Amid Chip Tensions

Sources say the meeting was deliberately scheduled separately from the China Development Forum held this week, where an event between…

2 days ago

China Scientists Unveil Breakthrough Low-Powered AI Chip – SCMP

The team presented the groundbreaking chips at the biggest integrated circuit industry event of the year

2 days ago

China Says Hacking Claims by US and UK is ‘Political Slander’

Beijing on Tuesday accused the US and Britain of slandering and smearing China and urged them to stop politicising cybersecurity,…

2 days ago