18 h. ago Kenya’s plan to switch debt payments from US dollars to yuan is a ‘win

Kenya’s plan to convert its US dollar-denominated Chinese debt to yuan is a “win-win”, as it is expected to reduce interest payments for the African nation while advancing China’s goal of increasing the global use of its currency, according to analysts. The deal would be precedent-setting and could establish a new rule book for future debt restructuring and possibly cut reliance on the US dollar. In late August, Kenya’s Treasury announced that talks with the Export-Import Bank of China were at...

Economics

5 d. ago Putin Arrives in China as Ukraine Celebrates Crucial Battle Win

Putin Arrives in China as Ukraine Celebrates Crucial Battle Win  Newsweek

Politics

7 d. ago Alibaba claims win in China’s instant commerce war as quarterly profit rises

Alibaba Group Holding, China’s e-commerce and cloud computing services giant, on Friday reported a 78 per cent surge in profit for the June quarter, while “robust AI demand” led to a 26 per cent revenue growth for its cloud business. Net income attributable to ordinary shareholders advanced 78 per cent to 43.1 billion yuan (US$6 billion) in the period, up from 24.3 billion yuan a year earlier, primarily due to “mark-to-market changes from our equity investments and gains from the disposal of the...

Events

1 week ago China may not be waging war in Ukraine. But it still stands to win

It seems clear that US President Donald Trump achieved little more than a photo opportunity from the bilateral summit in Anchorage, Alaska, with Russian President Vladimir Putin and his subsequent meeting with Ukrainian President Volodymyr Zelensky and other European leaders. Now, a ceasefire seems more out of reach than ever. For a negotiated peace agreement, Putin has insisted on his demands that Ukraine give up ambitions to join the North Atlantic Treaty Organisation, as well as land occupied...

Events

1 week ago As the West cedes leverage over Ukraine, China stands to benefit

It seems clear that US President Donald Trump achieved little more than a photo opportunity from the bilateral summit in Anchorage, Alaska, with Russian President Vladimir Putin and his subsequent meeting with Ukrainian President Volodymyr Zelensky and other European leaders. Now, a ceasefire seems more out of reach than ever. For a negotiated peace agreement, Putin has insisted on his demands that Ukraine give up ambitions to join the North Atlantic Treaty Organisation, as well as land occupied...

Politics

2 w. ago A Hong Kong recipe to beat restaurant crisis – clever concepts, cheaper meals?

Hong Kong’s restaurant sector is in crisis, with a wave of closures, shrinking margins and residents lured by cheaper options locally and across the border. In the second of a two-part series, the Post looks at how operators are bucking the trend to thrive and survive. Read part one here. Shortly after Italian chef Stefano Rossi opened his restaurant in one of Hong Kong’s poorest neighbourhoods, he began to worry he had bitten off more than he could chew. The restaurant, tucked away in a corner...

Society

2 w. ago Major Regulatory Win: FibroGen's $815M China Business Sale to AstraZeneca Gets Green Light from Regulators

Major Regulatory Win: FibroGen's $815M China Business Sale to AstraZeneca Gets Green Light from Regulators  Stock Titan

Economics

2 w. ago Beyond chow mein: Can a new wave of restaurants help China win hearts?

Beyond chow mein: Can a new wave of restaurants help China win hearts?  BBC

Politics

2 w. ago China’s corporate bonds win record share of top credit ratings

China’s corporate bonds win record share of top credit ratings  Financial Times

Politics

3 w. ago China is winning on renewables. Will it win on green steel, too?

China is winning on renewables. Will it win on green steel, too?  Canary Media

Politics

3 w. ago Kevin O'Leary Says Nvidia, AMD Still Win Under Trump China Plan Despite 15% 'Form Of Blackmail' Levy

Kevin O'Leary Says Nvidia, AMD Still Win Under Trump China Plan Despite 15% 'Form Of Blackmail' Levy  Yahoo Finance

Politics

3 w. ago Beijing’s hybrid warfare: How China seeks to win Taiwan without firing a shot

Beijing’s hybrid warfare: How China seeks to win Taiwan without firing a shot  Taiwan News

Events