12 h. ago As Trump urges cap on credit card rates, could China follow suit for online loans?

US President Donald Trump’s call for American credit card interest rates to be capped at 10 per cent for a year has sparked a debate in China about whether Beijing should impose a similar limit on online loans. The discussion comes as many in China – especially younger people – are being enticed by credit offers amid a weak job market and a boom in online loan services. “Apps now keep luring young people into borrowing,” a finance blogger with nearly 500,000 followers wrote in a social media...

Politics

16 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

22 h. ago China, Canada should jointly promote steady, sound, sustainable bilateral economic and trade ties: Chinese vice premier

China, Canada should jointly promote steady, sound, sustainable bilateral economic and trade ties: Chinese vice premier  English.gov.cn

Politics

25 h. ago Counting China’s wins and losses among ‘swing nations’ in new era of power rivalry

It took the United States less than three hours to stun the world with its abduction of the sitting leader of a sovereign state, but the strategic ramifications of that dramatic operation are likely to reverberate for decades. In laying bare the limits of China’s economic-centric diplomacy towards third countries in its competition with the US, the Venezuela crisis has delivered a stark reminder that spheres of influence continue to shape global politics in this new era of great power...

Politics

26 h. ago U.S. Firms Regain Profit Footing in China as Economic Anxiety Grows

U.S. Firms Regain Profit Footing in China as Economic Anxiety Grows  Caixin Global

Economics

34 h. ago China dumps more US debt, buys other assets as Trump targets Powell

China trimmed its holdings of US Treasuries in November to the lowest level since 2008, diverging from a global trend that saw total foreign ownership of the debt instruments hit a record high. Analysts say the prospect of a politicised Federal Reserve chairmanship under Donald Trump’s presidency has deepened Beijing’s concerns over its exposure to American debt, with more cuts expected. Beijing’s stockpile fell to US$682.6 billion in November, down from US$688.7 billion in October, according to...

Politics

42 h. ago ‘Shared interests’: Xi Jinping and Mark Carney embark on China

China and Canada should build a new strategic partnership based on mutual respect and shared interests, Chinese President Xi Jinping said on Friday as both sides sought to turn the page on years of diplomatic friction. In talks with visiting Canadian Prime Minister Mark Carney in Beijing, Xi called for deeper and broader economic cooperation. “China-Canada economic and trade relations are mutually beneficial in nature, and both sides have gained from cooperation,” state news agency Xinhua quoted...

Politics

43 h. ago Asia week ahead: Rate decisions in China, Japan, Indonesia and key data from China, Taiwan, and South Korea

Asia week ahead: Rate decisions in China, Japan, Indonesia and key data from China, Taiwan, and South Korea  ING THINK economic and financial analysis | ING Think

Politics

43 h. ago China's 2025 economic growth likely slowest in decades: analysts

China's 2025 economic growth likely slowest in decades: analysts  Yahoo Finance

Economics

46 h. ago China’s slowing growth, bilateral tensions top American business concerns in 2026

Concerns about China’s slowing economic growth and “strained” Beijing-Washington relations rank as the top two concerns among members of the American Chamber of Commerce in China this year, according to a chamber survey released on Friday. The growth concern was raised by around two-thirds of the 368 respondents, making it the leading issue, the annual China Business Climate Survey found. Fifty-two per cent of respondents reported being profitable or very profitable last year, 6 percentage...

Events

48 h. ago 6 economic areas Canada and China have agreed to expand — and one big holdout

6 economic areas Canada and China have agreed to expand — and one big holdout  Yahoo! Finance Canada

Economics

50 h. ago Why China’s next development priority must be secondary education

If you were asked which middle-income country has one of the lowest levels of educational attainment, very few would say China. We continually hear stories about mass university expansion, record numbers of annual graduates and elite institutions that rank among the world’s best. Despite these impressive strides, gaps in education remain a large roadblock for China’s further economic development. The country remains largely undereducated for its level of economic development: only about 31 per...

Politics

59 h. ago China targets wealthy influencers with audits, fines as fiscal pressures rise

China has ramped up audits involving online influencers and high-wage earners, as part of broader efforts to expand tax revenue and refine the taxation system. The State Taxation Administration on Wednesday spotlighted two fresh cases involving influencers in the centrally administered city of Chongqing and in Gansu province. In Chongqing, authorities ordered an influencer surnamed Peng – who has 30 million followers and works in online video production and commercial advertising – to pay 4.15...

Events

62 h. ago China outlines packaging recycling plans to boost circular economy

China outlines packaging recycling plans to boost circular economy  Packaging Insights

Politics

64 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

64 h. ago Nexperia and Chinese owner fight for control of chipmaker in Dutch court

The battle for control of Dutch chipmaker Nexperia entered a new phase on Wednesday, as lawyers representing the firm and its Chinese parent Wingtech Technology traded blows during a seven-hour court hearing in the Netherlands. The Enterprise Chamber – a special Dutch court handling corporate disputes – scheduled the hearing to determine whether it should order a formal investigation into alleged mismanagement at Nexperia or overturn its earlier ruling, with a verdict set to be issued by...

Events

68 h. ago China’s C919 airliner put through paces by test pilots from European aviation regulator

European aviation evaluators have begun test flights of China’s home-grown C919 airliner in Shanghai, the Post has learned, as the manufacturer of the narrowbody jet presses ahead with its bid to secure Western safety certification – a crucial step in the journey to global adoption and being able to compete with industry leaders Boeing and Airbus. Two test pilots from the European Union Aviation Safety Agency (EASA) have conducted verification flights, according to a source with knowledge of the...

Politics

3 d. ago China's 2025 Canadian import slump to remind visiting Carney of economic stakes

China's 2025 Canadian import slump to remind visiting Carney of economic stakes  Reuters

Economics

3 d. ago Why China may buy Nvidia’s H200 chips as Trump eases curbs – and replace them later

China is likely to accept Nvidia’s H200 artificial intelligence (AI) chips following US clearance, driven by immediate demand in the country’s vast tech sector, according to analysts – though they said Beijing would push to replace them over time. The American chip giant’s second-most-advanced AI processor can be exported to China from Thursday, as long as shipments total no more than half the amount sold in the US, according to the Department of Commerce’s Bureau of Industry and...

Politics

3 d. ago China’s record trade surplus is as big as the economies of most countries

China’s record trade surplus is as big as the economies of most countries  MarketWatch

Politics