The People's Bank of China said the deal "will help strengthen financial cooperation" and "expand the use of local currencies"
While the Chinese president’s US visit didn't do much to ease the weight of Washington's chip sanctions on the world's second-largest economy, it did manage to score several brownie points
"The shelving is a surprise and makes us wonder if there are issues behind the scenes that we aren't aware of," one analyst said, but news that Jack Ma's family trust was selling shares likely also hurt the stock
A unit of Beijing-based automaker BAIC has proposed to make two versions of Xiaomi's first-ever electric vehicle — the SU7 and the SU7 Max
Tencent is the second large Chinese technology company to look for domestic alternatives to Nvidia amid tightening US sanctions
Huawei saw its sales surge 83% in the first four weeks of October, according to data from Hong Kong-based research firm Counterpoint
For US businesses, the dinner will particularly be a chance to hear directly from the leader of the world’s second-biggest economy as they search for ways to navigate its economic slowdown
If approved, the new measures will apply specifically to auditors that have been hired by domestic firms or are conducting cross-border work
A global chip glut and Washington’s moves to limit China’s semiconductor industry weighed on SMIC, but the chipmaker shrugged off the revenue drop
The world’s second-largest economy will account for more than 80% of the global solar manufacturing capacity through to 2026, according to a new report
In a first, China has added rare earths to its list of minerals that need to be reported to authorities for export
Some new local government debt quotas for 2024 have been issued in advance to reasonably ensure local financing needs, China's newly appointed finance chief said