Three of China’s largest state-owned banks have agreed to invest billions of yuan into a government-managed fund aimed at channelling liquidity to small enterprises and agricultural companie... Read more
Despite no signs from the White House of easing trade tensions with Beijing, the US Senate has passed a substantial bill to cut tariffs on hundreds of consumer and industrial imports from Ch... Read more
The People’s Bank of China plans to ease one of its capital requirements for banks in a further attempt to encourage lending, sources told Bloomberg. In a notice sent to several banks on Wed... Read more
Shared office space provider WeWork’s China subsidiary has hit a valuation of $5 billion after receiving fresh investment from a number of high-profile backers, the Financial Times reports.... Read more
Shares in Chinese group-buying site Pinduoduo soared following the company’s initial public offering in New York on Thursday, with investors showing strong demand for the company many... Read more
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