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In Depth: Pandemic-Era Helping Hand Comes Back to Haunt China’s Banks

Loans designed as a lifeline for small businesses have been souring at an increasing rate as borrowers used the funds to speculate on real estate or pay off their mortgages early

Flexible-Screen Maker Royole Goes Bankrupt

Also in today’s rundown: At least 24 Chinese mainland freshman accused of using phony test results to get into a Macao university, Hong Kong’s richest man says investment alone won’t solve city’s economic problems

Larger Stimulus Package Would Do More to Stabilize China’s Growth, Experts Say

Speakers at event on sidelines of Rio de Janeiro G20 summit call for China to implement a stimulus of a magnitude similar to that unleashed during the global financial crisis

Nov 08, 2024 05:05 PM
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CX Daily: China Is Making Sure Its Low-Altitude Economy is Ready for Takeoff

A fourth former official responsible for overseeing IPOs goes missing. Xiaomi’s budding EV business keeps growing. Plus, more about the low-altitude economy

Nov 20, 2024 09:45 AM

China Is Making Sure Its Low-Altitude Economy is Ready for Takeoff

Pilot programs to be launched in six Chinese cities for vertical take-off aircraft

Nov 20, 2024 12:48 AM

Xiaomi’s Budding EV Business Keeps Growing

Also in today’s rundown: A representative of German businesses in China said that tariffs are the wrong tool for addressing the EU’s issue with Chinese EV subsidies, Ehang reports record revenue as sales top five dozen

Nov 19, 2024 11:56 PM

Zhou Xiaochuan: Project mBridge Aims to Bridge Global Economies With Central Bank Digital Currencies

The initiative doesn’t exclude the U.S. dollar, whose status depends largely on the U.S. itself

Nov 19, 2024 04:33 PM

CX Daily: China Digs In to Boost Mining in Democratic Republic of Congo

Xi Jinping meets Joe Biden in Peru’s capital during the APEC leaders’ summit. China reduces export tax rebates for solar power gear and lithium batteries. Plus, eight people are killed in a stabbing attack at a vocational college

Nov 19, 2024 09:45 AM

Fourth Former IPO Regulator Goes Missing Amid Corruption Crackdown

Wu Guofang served three consecutive terms on CSRC committee overseeing share sales

Nov 19, 2024 01:51 AM

Chinese Suspect Arrested in Deadly Philippines Kidnapping

Also in today’s rundown: China reduces export tax rebates for solar power gear and lithium batteries, 10 people punished over attack on investigative journalists

Nov 19, 2024 01:25 AM

Chinese Carmakers Should Set Up Factories in Mexico, Executive Says

The country should be more than an export market, as it offers regional market access and can help companies navigate geopolitical risks

Nov 18, 2024 07:17 PM

Finance Movers and Shakers: SAFE Gets New Deputy, Ex-ICBC Executive Admits to Accepting $24 Million in Bribes

Highlights of the past few weeks also include: Deputy PBOC governor heads up CIC’s party committee, Hong Kong liaison office has a new deputy

Nov 18, 2024 10:20 AM

Gallery: Straining to Stand Out at the Guangzhou Auto Show

Automakers have been competing for the spotlight at the 22nd Guangzhou International Automobile Exhibition, which ends today, as competition grows ever fiercer in the world’s largest car market. Brands such as Xiaomi, BYD and Mercedes-Benz showcased new models and intelligent driving technologies while major component suppliers including Huawei and CATL showed off their cutting-edge technologies

Nov 18, 2024 06:37 PM

Eight Killed in Stabbing at Vocational College in East China

Suspect was former student angry over his failure to graduate, police say

Nov 18, 2024 06:29 PM

Opinion: China’s New Energy Law Opens Door to Market Reform

The legislation is vital for the effort to create a fair market environment, safeguard energy security and encourage sustainable development

Nov 18, 2024 05:47 PM

Cover Story: China Digs In to Boost Mining in Democratic Republic of Congo

Booming metals demand from EVs and AI dangle riches for Chinese, DRC companies

Nov 18, 2024 07:08 AM

Commentary: What the ‘Trump Trade’ Reveals About Where Asset Prices Are Headed

The prospect of a second Trump term has been a boon for U.S. stocks and the dollar, but inflationary policies pose risks for emerging economies

Nov 15, 2024 04:58 PM

Weekend Long Read: Economist Wu Jinglian Explains Why Reform Has Been So Vital to China’s Prosperity

In a 2014 interview, the influential scholar lays out what worked and what didn’t in the country’s decades-long journey to remake its economy

Nov 16, 2024 10:00 AM

China Retail Sales Growth Picks Up

Also in today’s rundown: Rogue miners under the protection of a local drug gang plunder Zijin Mining’s Colombian gold mine, Geely’s EV marque Zeekr to take control of sister brand

Nov 16, 2024 01:17 AM

Futures Firm Linked to Fugitive Tycoon Seized by Securities Regulator

CSRC takes control of Hehe Futures to protect investors’ rights amid serious governance issues

Nov 16, 2024 01:13 AM



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