China is witnessing the biggest flight of capital in years, creating concern for authorities as it worsens pressure on the beleaguered yuan. The currency has been hammered from all fronts as money ...

China will deepen high-quality capital account opening and improve the diversified investment and use of the country's foreign exchange reserves in the coming five years, as part of broader efforts to ...

A customer checks the screen as she looks at a newly launched Mate 60 smartphone at a Huawei flagship store after the company unveiled new products on September 25, 2023 in Beijing, China. China's ...

Postal Savings Bank of China Co. Ltd. had 1.28 percentage points of common equity Tier 1 ratio above its regulatory requirement of 8%. Industrial and Commercial Bank of China Ltd., the world's biggest ...

The pace of China's capital flight hit the highest monthly outflow since early 2016. Nearly $54 billion was sent overseas on behalf of banking clients. This is pressuring the yuan down, which is now ...

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China’s capital outflows reached $49 billion in August, its highest in nearly eight years. Analysts are debating whether it could be a boon for Bitcoin and crypto. Bitcoin (BTC) could see “substantial ...

On a weekday afternoon at Red Rock Coffee, the café known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. With China reopening its ...

A wave of government-linked investment is boosting Chinese AI drug makers, underscoring Beijing's drive to build its own ...

Look at recent big pharma asset acquisitions and new biotech company launches, and you might spot a common theme: The drugs at the heart of these deals were originally developed in China. The ...

The People’s Bank of China could provide the catalyst to resume the Bitcoin bull market, according to BitMEX founder Arthur Hayes. China’s response to America’s sweeping trade tariffs could result in ...

China's electronics sector became the largest industry by total market capitalization in the A-share market last year, overtaking the banking sector, Chen Huaping, vice-chairman of the China ...