Tag: China

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China roots out loan benchmarks to bring back blooming demand

China has implemented a series of key lending benchmark reductions for the first time in 10 months, signalling its efforts to support a slowing...

Chinese firms demanded to dress modest; economy in duces

Chinese financial institutions are actively implementing austerity measures in response to Beijing's efforts to address the wealth gap, which include reducing salaries, bonuses, travel,...

Chinese firms don’t believe the policy uplifts anything at all

The evolving Western policy toward China, now centered around the concept of "de-risk, not decouple," is being met with skepticism from Beijing, which questions...

Chinese overseas’ trade staggers riskily as demand wavers

In May, China experienced a more significant contraction in exports than anticipated, while imports continued to decline, signalling a bleak outlook for global demand,...

Musk and CEO peers believe in letting deals brew in hush

A significant number of prominent CEOs from overseas, such as Elon Musk from Tesla and David Solomon from Goldman Sachs, have been visiting China...

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Major Banks Unite to Develop Dollar Stablecoin for 2027 Launch

A coalition of 21 financial institutions, including Goldman Sachs,...

China Deploys Traffic Robots to Handle Routine Police Duties

China is testing humanoid robots for traffic-control work, assigning...

Pentagon Push for Faster AI Development Drives Smack Technologies’ $61 Million Funding Round

Smack Technologies, a defense technology startup developing artificial intelligence...

General Atlantic’s IPO Plans Revived With JPMorgan as Lead Bank

Investment firm General Atlantic is moving ahead with plans...

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