China is offering interest subsidies on personal loans starting this month, in its latest bid to spur spending. But some tell CNA they fear the new subsidies may deepen debt burdens.

China’s central bank introduced new rules to oversee cross-border yuan deals between banks and boost the yuan’s use abroad, aiming to steady money flows and support offshore markets. In a notice ...

Solar power prices in China's first provincial auction under its new renewable pricing mechanism were so low they could ...

June new yuan loans 2.24 trln yuan vs May’s 620 bln yuan TSF growth quickest since February 2024 Economist warns tailwind may fade over the rest of year China due to release Q2 GDP data on Tuesday ...

The Chinese yuan’s limited offshore supply is posing operational challenges for United Overseas Bank Ltd., as more regional economies conduct trades and payments in the currency, according to an ...

China, one of the most restrictive global jurisdictions for cryptocurrencies, is reportedly considering allowing Chinese yuan-backed stablecoins in what would be a major policy reversal. Chinese ...

At-large city councilor candidate Susan Yuan criticizes the current council for not acting independently of the mayor. She has things to say about the council's and mayor's pay raises and wants to ...

At a busy market in a small town of China’s Hebei province, Labubu is no longer the coveted collectible displayed in glass cases. Here, they’re treated like sweet potatoes or cabbages, dumped by the ...