Chinese policymakers have doubled down on Xi Jinping's new mantra of unleashing "new productive forces” and stepped up investment in cutting-edge technology
The currencies of China's trading partners have weakened faster than the yuan recently, eroding the country's export competitiveness and hampering its recovery
Market watchers got what they expected but still predict Beijing will deliver some easing in the new year in a bid to kickstart China’s economy
Among other measures, the rules implement tougher licensing regulations and call for stronger protection of user information and payment accounts
The country’s big banks, suspected of often doing Beijing’s bidding, have continued buying yuan despite the currency rising
China's deepening property crisis has added to the pressure on local municipalities, with developers in no shape to buy new plots of land and provide some revenue
The PBOC said it is pumping $39.5 billion of fresh liquidity into the banking system, the biggest net injection of its kind in nearly three years
Liu Liange is accused of approving illegal loans, taking bribes and accepting entertainment at private clubs and ski resorts
Beijing has been courting foreign capital as its post-pandemic recovery stumbles amid weak overseas demand and an ailing property sector
Investors are now hoping the strict rules that have stymied growth since late 2020 will start to ease, after China's central bank slapped a nearly $1 billion fine on Ant Group
The US treasury secretary said she also told Chinese officials they could raise concerns about US actions, and that Washington might "respond to unintended consequences" of its restrictions
The announcement came a day after the group was fined $984 million in what is likely to be the end of a years-long regulatory crackdown on the once storied Chinese company