20 h. ago Scam and corruption cases spark debate in China over cryptocurrencies’ future

The seizure of enormous cryptocurrency caches in two high-profile criminal cases in China – a former head of the central bank’s digital currency research institute accused of corruption, and an alleged scam centre kingpin linked to about US$15 billion in bitcoin – have sparked questions in the country about the safety and future of virtual money. But analysts said the long-term trend for the assets, especially bitcoin, depended on institutional capital, interest rate expectations and the...

Politics

61 h. ago China 2025 new bank loans lowest in seven years, policy support needed

China 2025 new bank loans lowest in seven years, policy support needed  Reuters

Events

63 h. ago How Chinese corruption busters are tracking down bribes paid in cryptocurrency

Beijing has revealed how its graft busters are investigating bribes paid in hard-to-trace cryptocurrencies by tracking the ways in which corrupt officials have been spending the proceeds. A documentary shown on state broadcaster CCTV on Wednesday highlighted the case of Yao Qian, the former director of the digital currency institute at the People’s Bank of China. Investigators became suspicious when Yao bought a villa in Beijing for more than 20 million yuan (around US$2.9 million) under the...

Politics

67 h. ago China’s Central Bank Lowers Rates on Structural Policy Tools

China’s Central Bank Lowers Rates on Structural Policy Tools  The Wall Street Journal

Events

67 h. ago China's December new bank loans beat forecast as stimulus juices credit demand

China's December new bank loans beat forecast as stimulus juices credit demand  Reuters

Politics

68 h. ago China to cut relending rates, widen credit support for private sector and tech

China’s central bank is looking to pump 900 billion yuan (US$129.2 billion) worth of additional funds into private and technology firms, alongside slashing key policy relending rates by a quarter of a percentage point, in a fresh round of monetary easing designed to shore up the economy. The new plan includes an extra 500 billion yuan for agriculture and small businesses, said Zou Lan, a deputy governor of the bank, at a press conference in Beijing on Thursday. The bank will also expand its...

Politics

3 d. ago Bank of England’s Taylor: Trade with China to drive interest rate cuts

Bank of England’s Taylor: Trade with China to drive interest rate cuts  MSN

Politics

3 d. ago Sovereign investors cut mainland China exposure as political sensitivities rise

Sovereign investors slashed their exposure to mainland China in 2025 amid rising political sensitivities, but experts said selective opportunities and closer bilateral ties could support the outlook. The world’s second-largest economy received US$4.3 billion in investments from sovereign wealth funds, public pension funds and central banks, down 58 per cent from US$10.3 billion in 2024, according to Global SWF, which tracks 792 such state-owned investors. “Sovereign investment activity has...

Politics

3 d. ago Growth in sovereign investors’ exposure to China slows as political sensitivities rise

Growth in sovereign investors’ exposure to mainland China in 2025 slowed amid rising political sensitivities, but experts said selective opportunities and closer bilateral ties could support the outlook. The world’s second-largest economy received US$4.3 billion in investments from sovereign wealth funds, public pension funds and central banks, down 58 per cent from US$10.3 billion in 2024, according to Global SWF, which tracks 792 such state-owned investors. “Sovereign investment activity has...

Politics

4 d. ago As China’s US exports plunge in 2025, Beijing banks on diversification for 2026 growth

China’s exports defied a turbulent year of trade tensions to perform better than expected in 2025, cementing a record US$1.19 trillion annual surplus as manufacturers diversified markets to offset a sharp decline in shipments to the United States. Exports grew 5.5 per cent, year on year, in 2025 to US$3.77 trillion, according to customs data released on Wednesday, higher than the 5 per cent growth projected by financial data provider Wind. Imports for the same period remained flat at US$2.58...

Politics

4 d. ago Breaking | As China’s US exports plunge, Beijing banks on diversification for 2026 growth

Breaking | As China’s US exports plunge, Beijing banks on diversification for 2026 growth  South China Morning Post

Politics

4 d. ago Developing | As China’s US exports plunge, Beijing banks on diversification for 2026 growth

Developing | As China’s US exports plunge, Beijing banks on diversification for 2026 growth  South China Morning Post

Politics

4 d. ago As China’s US exports plunge, Beijing banks on diversification for 2026 growth

As China’s US exports plunge, Beijing banks on diversification for 2026 growth  South China Morning Post

Politics

4 d. ago China’s central bank sets onshore yuan fixing at strongest point in nearly 16 months

China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strength. On Tuesday, the People’s Bank of China set the yuan’s midpoint rate, also known as the daily fixing rate, at 7.0103 to the US dollar – the strongest showing since the end of September 2024, when the rate was set at 7.0074. That official midpoint rate, however, was still weaker than that of the...

Politics

8 d. ago China’s yuan to strengthen to 6.85 per US dollar in first quarter of 2026: Morgan Stanley

Morgan Stanley has revised its outlook for the yuan, now forecasting it to strengthen to about 6.85 per US dollar in the first quarter of 2026 from a previous call of 7.05, before weakening slightly to about 7.0 by the end of the year. The bank said it expects China’s “robust” exports through 2026 to 2027 to provide “a steady tailwind to nominal yuan”, with volumes projected to grow 5 to 6 per cent as the recovery in global demand broadens beyond tech and the country’s price competitiveness...

Politics

8 d. ago China's December bank lending seen rising on government stimulus measures

China's December bank lending seen rising on government stimulus measures  Reuters

Politics

9 d. ago Lawmakers Seek Scrutiny of China Ownership in iRobot Bankruptcy

Lawmakers Seek Scrutiny of China Ownership in iRobot Bankruptcy  Bloomberg.com

Politics

9 d. ago Cambodia dissolves accused scam tycoon Chen Zhi’s Prince Bank

A Cambodian bank founded by accused scam boss Chen Zhi, who has been indicted by the United States over a multibillion-dollar fraud and extradited to China, was ordered liquidated on Thursday, Cambodia’s central bank said. Prince Bank “has been placed under liquidation in accordance with the laws of the Kingdom of Cambodia”, the National Bank of Cambodia (NBC) said in a statement. Prince Bank has been “suspended from providing new banking services, including accepting deposits and providing...

Politics

1 week ago Asia Bankers Fear US Scrutiny of Loans Involving Chips, China

Asia Bankers Fear US Scrutiny of Loans Involving Chips, China  Bloomberg.com

Politics

1 week ago China Vanke wins nod from banks to defer interest payments, sources say

China Vanke wins nod from banks to defer interest payments, sources say  Reuters

Economics