Cross-border settlements in Chinese yuan totaled RMB 28.39 trillion ($4.39 trillion) in 2020, up 44.3% from the previous year, according to the People’s Bank of China, reports Caixin. Settle... Read more
Shenzhen-based property and financial services company, Baoneng Investment Group, is the latest in a line of Chinese corporations to face a debt crisis, struggling under the weight of its RM... Read more
Investors are pouring money into emerging market funds that exclude China after Beijing’s continued crackdown on targeted stocks and sectors, reports the Financial Times. Five prominent EM e... Read more
ByteDance, owner of short video app TikTok, has announced plans to downsize its financial services operations amid Beijing’s ongoing campaign to “prevent the irrational expansion of capital,... Read more
A new stock exchange will be created in Beijing as part of an attempt to support the development of Chinese small and medium-sized businesses and the country’s capital markets. China’s leade... Read more
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