Total e-CNY transactions hit 950 million but the digital currency only accounted for 0.16% of China's cash in circulation at the end of last month
The Chinese telecom giant has fallen behind South Korea's Samsung in the country, where brick-and-mortar remain the bigger players in smartphone sales
The latest official data shows the economy grew just 0.8% from the previous quarter, on a seasonally adjusted basis; youth unemployment has hit a record 21.3%
Central banks around the world have been working on digital versions of their currencies for retail use to avoid leaving digital payments to the private sector, the BIS said this week
Friday's $984 million fine on Ant Group, one of the largest ever for a Chinese internet company, is largely being seen as an end to Beijing’s tech crackdown
Factory activity continued to contract, while the services sector also recorded its weakest reading in June since China abandoned its strict Covid curbs late last year
No Chinese firm has listed in US or Hong Kong under the new exhaustive rules, frustrating firms and investment bankers
The US dollar rose to a more than seven-month high against the Japanese yen on Thursday, close to the 145 mark which could see the Bank of Japan intervene in the forex market again
The 18.8% year-on-year decline in industrial companies' profits from January to May stems from weak consumer confidence and soft global demand
Li Qiang told a World Economic Forum China will invigorate its markets and accelerate the green transition – but didn’t say how
After a smaller-than-expected interest rate cut raised doubts on whether Chinese policymakers would act forcefully enough to support the economy, investors are positioning for a longer game
Nomura said on Friday it has cut its forecast for China's GDP growth this year to 5.1% from 5.5%, following similar moves by UBS, Standard Chartered, Bank of America (BoA) and JPMorgan