News

CMBI is the first Mainland China broker to get a virtual assets license from Hong Kong’s Securities and Futures Commission.
At a finance forum in Shanghai, the head of China's central bank, Pan Gongsheng, pledged to expand the reach of the digital yuan.
China is consolidating its control over critical logistical hubs in Brazil through its state-owned enterprises.
China’s central bank expanded its gold reserves for a seventh straight month in May, furthering its bid to diversify holdings despite ongoing price fluctuations.
Chinese state-backed think tank highlights Bitcoin as a reserve asset against USD, Sony’s online bank launches new crypto unit. Asia Express.
GTT and its Smart Shipping arm, Ascenz Marorka, announced that China Merchants Energy Shipping (CMES) has selected Ascenz Marorka’s digital solutions for a series of eight 175,000 m³ LNG ...
China’s central bank has cut a key interest rate as U.S. tariffs threaten the economy.
The People's Bank of China's Governor Pan Gongsheng told reporters the reserve requirement ratio (RRR) will release about 1 trillion yuan ($138 billion) in liquidity.
Deutsche Bank Private Bank's Stefanie Holtze-Jen notes that China doesn't need overt trade moves against U.S., instead its readiness to fully decouple is enough to bring the U.S. to the ...
China's central bank will not allow a significant decline of the yuan amid President Trump's tariffs. Chinese officials have called on state-owned banks to reduce U.S. dollar purchases.
Global ratings agency Fitch revised outlooks for China's five major state banks and China Merchants Bank to stable from negative on Tuesday, despite the downgrade of China's sovereign rating last ...
Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in private placements from investors, including the finance ministry ...