43 h. ago Mainland China’s billionaire count surges as BYD and Mixue bosses power gains

Mainland China’s billionaires have tightened their grip as Asia-Pacific’s wealthiest after their combined fortunes swelled to nearly US$1.8 trillion, with electric-vehicle (EV) maker BYD’s founder Wang Chuanfu and bubble tea chain Mixue’s bosses among the biggest drivers of that growth, according to a UBS report. Backed by a booming tech sector and surging asset prices, the wealth of mainland China’s billionaires jumped 22.2 per cent year on year to US$1.77 trillion in the 12 months to early...

Economics

3 d. ago “I Deliver Parcels in Beijing” Illuminates That Financial Security Is a Matter of Luck

“I Deliver Parcels in Beijing” Illuminates That Financial Security Is a Matter of Luck  Electric Literature

Events

4 d. ago Beijing’s crypto warning casts shadow over Hong Kong’s stablecoin ambitions

Beijing’s explicit denunciation of stablecoins as a financial risk has cast fresh doubt on Hong Kong’s ambitions to become a regulated hub for the asset class, according to legal experts and analysts. The People’s Bank of China (PBOC) – together with the public security ministry, the cyberspace administration, the top court and other key financial regulators – said in a statement on Saturday that stablecoins did not meet the mainland’s requirements on customer identification and...

Events

1 week ago China's county economies achieve remarkable progress in high

China's county economies achieve remarkable progress in high-quality development: report  Xinhua

Politics

2 w. ago China enjoys marriage boom as Beijing allows weddings in nightclubs

China enjoys marriage boom as Beijing allows weddings in nightclubs  Financial Times

Society

2 w. ago The Society of GenAI Launches Premier 2025 AI Competition in Beijing

The Society of GenAI Launches Premier 2025 AI Competition in Beijing  FinancialContent

Politics

2 w. ago Beijing's financial sector reports remarkable progress during 14th Five

Beijing's financial sector reports remarkable progress during 14th Five-Year Plan period  China Daily - Global Edition

Politics

2 w. ago Beijing Considers New Stimulus as Property Slump Threatens Financial Stability

Beijing Considers New Stimulus as Property Slump Threatens Financial Stability  kaohoon international

Events

2 w. ago China considers aggressive new stimulus to rescue property sector amid financial system fears

China considers aggressive new stimulus to rescue property sector amid financial system fears - report  Seeking Alpha

Events

2 w. ago ‘We need stability’: China and Germany strive to reset trade ties in Beijing

Chinese Vice-Premier He Lifeng and German Finance Minister Lars Klingbeil tried to find common ground after a financial dialogue in Beijing on Monday, with both officials saying the two countries should strengthen ties and support open, rules-based global trade. Klingbeil’s trip marked the first visit to China by a German minister since the new coalition government took office earlier this year and came at a delicate time for Sino-German relations, with Berlin gripped by supply chain anxieties...

Politics

2 w. ago CCICD promotes opera series to mark 235th anniversary of the historic “Hui Troupes Entering Beijing”

CCICD promotes opera series to mark 235th anniversary of the historic “Hui Troupes Entering Beijing”  Markets Financial Content

Culture

2 w. ago 🇨🇳🇩🇪 CHINA TO GERMANY: “HELP US FIX EUROPE BEFORE THIS BLOWS UP” Beijing just slid a quiet but loaded message across the table: Germany, you’re Europe’s heavyweight

🇨🇳🇩🇪 CHINA TO GERMANY: “HELP US FIX EUROPE BEFORE THIS BLOWS UP” Beijing just slid a quiet but loaded message across the table: Germany, you’re Europe’s heavyweight - use it. At a high-level financial summit in Beijing, China’s Vice Premier H  x.com

Politics

2 w. ago Financial talks under strain: What Klingbeil really wants to achieve in Beijing

Financial talks under strain: What Klingbeil really wants to achieve in Beijing  Table.Briefings

Politics

4 w. ago Nvidia CEO Jensen Huang warns China will ‘win the AI race’: report

Nvidia CEO Jensen Huang warned that China “is going to win” the race to develop next-generation artificial intelligence, urging Washington to speed up its efforts. The head of the world’s first company to reach US$5 trillion in market value told The Financial Times that Beijing’s energy subsidies were boosting its drive to build cutting-edge semiconductors used to power AI technology developments. “China is going to win the AI race,” the British newspaper cited him as saying on Wednesday at an...

Events