Two ways China manages its money supply are by controlling foreign exchange rates and printing currency. In China, the People ...
The RMB is unlikely to be a major player in Forex reserves anytime soon—and that's by design.
China is about to turn its central bank digital currency from a quiet pilot into a fully fledged piece of the financial system, with 2026 set as the year the project stops being an experiment and ...
ByteDance's Seedance 2.0 model that created the viral Tom Cruise and Brad Pitt fight videos got the attention of Elon Musk.
China burns 56% of the world’s coal, has tripled consumption since 2000 and is building coal plants at the fastest pace in a decade. China’s vice premier, He Lifeng, took the stage at Davos this week ...
Hot money refers to capital frequently moving between financial markets in search of high short-term interest rates, affecting exchange rates and global economies.
The set of new rules reaffirm China’s hardline stance on crypto and impose restrictions on tokenized real-world assets and overseas issuance of yuan stablecoins.
BEIJING/SHANGHAI, Dec 29 - Holdings of China's ‌digital yuan, or e-CNY, will ‌start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up ...
The conventional wisdom among China watchers has long been that China will not allow a substantial appreciation of the yuan because its still hobbled domestic economy needs the boost from exports.
(CNN) — President Donald Trump on Saturday threatened to slap 100% tariffs on Canadian imports if America’s second-biggest trading partner makes a trade deal with China. The comments threaten to ...
China is praised for being a global alternative-enegy innovator. But its coal mining industry holds the real power. China burns 56% of the world's coal, has tripled consumption since 2000 and is ...