5 h. ago China's Central Archives opens over 57,000 documents to public

China's Central Archives opens over 57,000 documents to public  China Daily

Politics

3 d. ago Veteran Chinese diplomat warns Trump’s policies risk ‘shared destruction’

The Trump administration’s national security mindset could push humanity towards more conflicts and even “shared destruction”, the head of the Communist Party’s diplomatic arm has warned. Liu Jianchao, who leads the International Department of the party’s Central Committee, pitched China’s vision of international relations – a rejection of the ethos reflected in American foreign policy language – as a viable path to lasting global peace on Thursday. The veteran Chinese diplomat rejected...

Events

3 d. ago Economist Huang Yiping floats Hong Kong as stablecoin staging ground

Issuing a stablecoin pegged to the offshore yuan in Hong Kong may be more feasible than in mainland China due to the latter’s capital controls, a central bank adviser has said. The comments from Huang Yiping, also dean of Peking University’s National School of Development, came as worries arise in Beijing’s policy circles that Washington could gain an upper hand through the cryptocurrency offshoot as a means of consolidating US dollar dominance. “As China’s capital account is not fully...

Politics

4 d. ago China’s central bank seeks European lenders’ advice on low interest rates

China’s central bank seeks European lenders’ advice on low interest rates  Financial Times

Politics

4 d. ago The world is going all in on stablecoins. Is China’s digital yuan any different?

When South Korea reportedly halted its digital currency pilot programme this week in favour of stablecoins – cryptocurrencies pegged to a reference asset, typically a fiat currency – it sent shock waves through central banks across the world. It also left China – a pioneer in central bank-backed digital currencies with its digital yuan, or e-CNY – with an important question to answer, namely whether it should continue to explore such digital assets or revisit the possibility of adopting the...

Politics

5 d. ago How China is Challenging Russia's Nuclear Dominance in Central Asia Through Kazakhstan

How China is Challenging Russia's Nuclear Dominance in Central Asia Through Kazakhstan  The China-Global South Project

Events

5 d. ago Record rainfall in central China leads to flooding and evacuations

Record rainfall in central China leads to flooding and evacuations  NBC News

Events

5 d. ago Heavy floods in central and southern China kill at least 9 and displace tens of thousands

Heavy floods in central and southern China kill at least 9 and displace tens of thousands  ABC News - Breaking News, Latest News and Videos

Events

6 d. ago Musical Chinese man, 102, strikes up sweet bond with grandma in nursing home

A 102-year-old man in central China has formed a sweet bond with an 85-year-old woman at a nursing home by charming her with his artistic talent, winning the admiration of many online. Centenarian Jiang Weidi has lived at Enjoy Ages Nursing Home in Wuhan for over three years, according to Hubei Daily. His room is filled with books, calligraphy, and paintings. He also plays the hulusi, a traditional Chinese cucurbit flute, and taught himself to play the piano. Carers at the home say Jiang is...

Events

6 d. ago Billions misused in China 2024 stimulus, from flood controls to gym gear: audit

China’s top audit watchdog has revealed that tens of billions of yuan in funding were misused by localities amid a roll-out of stimulus measures and flagship projects that the nation adopted last year, as Beijing injected trillions to boost China’s economy. The revelation – resulting from an assessment of the central government’s budget execution last year, as well as of other fiscal revenues and expenditures in 2024 – was spelled out in a report submitted by National Audit Office auditor...

Events

7 d. ago China thief steals 8 cars during travels to avoid cost of air ticket home

A man from northeastern China has shocked the internet after he stole eight cars and drove them on the journey home, one after the other, to avoid paying for an “expensive” flight. According to mainland media outlet New Yellow River, the man, surnamed Chen, is from Liaoning province and had been travelling alone in Changsha, Hunan province, in central China. On May 31, he bought a flight ticket home for 1,500 yuan (US$200) but cancelled it, deciding it was too expensive. An inveterate car thief,...

Society

9 d. ago China's central bank pledges to speed up policy response to economic conditions

China's central bank pledges to speed up policy response to economic conditions  Reuters

Economics

1 week ago Chinese smartphone maker Honor moves closer to onshore share listing

China’s fourth-largest smartphone maker Honor took an important step towards a domestic stock market debut on Thursday by filing documents with securities regulators. The company completed initial public offering (IPO) counselling recordation, the formal filing of pre-IPO guidance with the China Securities Regulatory Commission (CSRC). The step is required for companies seeking to list mainland shares, known as A shares. The Shenzhen-based company, a spin-off from smartphone and...

Politics

1 week ago China mum goes to hospital for stomach issues, unexpectedly gives birth to boy

A woman from central China rode her electric bike to the hospital to address a stomach problem after lunch, only to be informed later that she was pregnant and gave birth to a baby boy just an hour later. The remarkable incident, which became a trending topic on mainland social media, unfolded in Ezhou, Hubei province, on June 16, as reported by Jimu News. The woman, surnamed Li, experienced discomfort in her belly after lunch, attributing it to overeating. However, when the pain persisted, Li...

Politics

1 week ago Hong Kong DSE documentary star gets probation after second theft offence

A Hong Kong student who starred in a popular web documentary about secondary school public exams has been placed on probation after a court agreed to give him “one last chance” following his second shoplifting offence in a year. Eastern Court accepted a probation officer’s recommendation and handed Tang Ngai-hong a 12-month probation order on Thursday after he pleaded guilty to theft earlier this month. The 19-year-old admitted stealing a bag of fruit and two packets of potato chips worth a...

Politics

1 week ago China’s central bank doubles down on financing support to boost consumption

China is doubling down on its efforts to encourage domestic consumption, with the central government and the country’s wealthiest province rolling out policies aimed at providing structural financial support and on-the-ground incentives. Continued policy support is crucial to keep China’s domestic consumption afloat as trade uncertainties and unemployment pressures persist, analysts said. The People’s Bank of China (PBOC) said on Tuesday that a 500 billion yuan (US$69.68 billion) relending quota...

Economics

1 week ago China’s yuan set to benefit as central banks report doubts about US dollar

Central banks are showing more interest in the Chinese yuan as doubts grow about the future of the US dollar, but this shift is not enough to challenge the greenback’s dominance in global reserves, according to a new survey. In its latest Global Public Investor poll released on Tuesday, the London-based Official Monetary and Financial Institutions Forum (OMFIF) said a net 14 per cent of reserve managers plan to increase their yuan exposure in the next two years, up sharply from the 2 per cent...

Politics

1 week ago China, Central Asia Expand Green Energy Cooperation Under Belt and Road Initiative

China, Central Asia Expand Green Energy Cooperation Under Belt and Road Initiative  Newswire :) Press Release Distribution

Politics

1 week ago Central and southern China hit by heavy rainfall and flooding

Central and southern China hit by heavy rainfall and flooding  South China Morning Post

Events

2 w. ago Opinion | Why China’s Central Asian footprint is about to get bigger

Opinion | Why China’s Central Asian footprint is about to get bigger  South China Morning Post

Politics