Chinese telecoms giant Xiaomi has had $478 million in deposits in local bank accounts frozen by Indian tax officials in February. The action comes as part of an investigation into alleged ta... Read more
The International Monetary Fund (IMF) has awarded the Chinese yuan a higher weight in it’s five-yearly review of the special drawing rights (SDR) currency basket. The move is an acknowledgem... Read more
China’s loan growth weakened sharply in April to the worst level in almost five years, with mortgage loans contracting again as Covid lockdowns and the property market slump disrupted econom... Read more
Tightening controls over Chinese education providers have forced a Beijing school affiliated with the 450-year-old English public school Harrow to drop the prestigious name from their brandi... Read more
Chinese financial authorities on Sunday allowed a further cut in mortgage loan interest rates for some home buyers, in another push to prop up its property market and revive a flagging engin... Read more
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