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China to extend yuan trading hours in bid to boost global use of its currency

China to extend yuan trading hours in bid to boost global use of its...

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Regulators led by the People’s Bank of China have told some banks to prepare for an extension of onshore yuan trading hours, according...
China power crisis: thermal coal inventory nears record low as country suffers worst outages in a decade

China power crisis: thermal coal inventory nears record low as country suffers worst outages...

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In past years, when the calendar turned to September, China’s power-generation groups set out to replenish their coal inventories ahead of the cold...
Alibaba elaborates on how it will use its 100 billion yuan ‘common prosperity’ fund – pointing to ‘high quality growth’ for all

Alibaba elaborates on how it will use its 100 billion yuan ‘common prosperity’ fund...

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Chinese e-commerce giant Alibaba Group Holding’s pledge of 100 billion yuan (US$15.5 billion) to help narrow the country’s wealth gap is not just...
China digital currency: e-yuan will ‘reinforce’ banks’ competitive edge in payments, Moody’s says

China digital currency: e-yuan will ‘reinforce’ banks’ competitive edge in payments, Moody’s says

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China’s digital yuan will help banks become more competitive in the payments sector after steadily losing out to popular technology platforms over the...