Some observers have been predicting an economic collapse in China for decades. Others have long predicted that China would be stuck in a middle-income trap or some other type of economic stagnation. Might some of these predictions come true this...
In recent years, Beijing has made efforts to facilitate the settlement of China-Saudi oil trade in renminbi (RMB) rather than in U.S. dollars, a move that would steel China’s trade from financial sanctions and disrupt the global market for oil....
Chinese-owned social media app TikTok is a global phenomenon. Yet, for every TikTok, there is a WeChat, an app that is ubiquitous in China but that has failed to catch fire abroad. WeChat is just one of many Chinese apps incorporating financial...
The big political drama in Washington in the next few months will be the fight over the federal debt ceiling. The worst-case scenario is that Congress refuses to raise the ceiling and the U.S. Treasury defaults on its debt. Since U.S. treasury...
China’s critics, led largely by the United States, are determined to warn developing countries about the risks of borrowing too much money from Beijing. They contend China will use these loans to financially entrap economically vulnerable...
Mr Wang is part of a generation of young consumers who have rejected the thrifty habits of their elders and become used to spending with borrowed money. Outstanding consumer loans — used for vehicle purchases, holidays, household renovations and...
On the official list of the Beijing delegation that arrived in Washington on Tuesday for trade talks, there is a new name.
U.S. officials alarmed by public displays of Pyongyang’s nuclear and missile technology last summer considered taking the provocative step of blacklisting two of China’s biggest banks from the U.S. financial system for doing business with North...
The world’s first yuan-denominated oil contracts launched Monday, as part of China’s drive to turn its currency into a global force in markets.
China slapped a logistics company with fines totaling 5.5 billion yuan ($870 million) for manipulating the stock market, the biggest ever punishment for such an infringement.
As the Chinese stock market’s disastrous 2015 boom-and-bust fades from memory, investors are in a mood to buy. Chinese stocks both on the mainland and in Hong Kong outperformed the S&P 500 last year, as economic growth accelerated for the...
China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter.
The most critical aspect about cryptocurrency for China to address is criminal activity.
The rise of online consumer loans in China has spawned a thriving black market in stolen user data.
Every week seemingly brings a new announcement of a Chinese-financed mega project somewhere in Africa. Last week’s announcement...
The Chinese conglomerate Dalian Wanda Group has epitomized the country’s high-flying deal makers, building a vast global empire of theme parks, real estate developments, and movie theaters across the United States.
Included in this Depth of Field column are stories of love, community, remembrance, and the future, told through the discerning eyes of some of China’s best photojournalists. Among them, the lives of African migrants in Guangzhou, seven years...
Credit rating agency Moody’s downgraded China this week, warning that the country’s financial health is suffering from rising debt and slowing economic growth. It’s the first time the agency has cut China’s rating in nearly three decades.
The downgrade of China’s debt by Moody’s Investors Service may push Chinese companies to borrow even more money from domestic banks as overseas debt becomes more expensive, increasing risks for the nation’s finance industry.
China’s Mobile Economy: Opportunities in the Largest and Fastest Information Consumption Boom is a cutting-edge text that spotlights the digital transformation in China. Organized into three major areas of the digital economy within China, this ground-breaking book explores the surge in e-commerce of consumer goods, the way in which multi-screen and mobile Internet use has increased in popularity, and the cultural emphasis on the mobile Internet as a source of lifestyle- and entertainment-based content.
China’s has a new target amid its ongoing economic retaliation against South Korea—the country’s fifth-biggest conglomerate
The decline in marriages means a decline in the kind of spending China needs to drive economic growth.
Regulator says funds must raise money from domestic investors, invest in Chinese capital markets.
‘Authoritative’ source warns party paper of ‘deadly’ risk to economy.
Alibaba affiliate Ant Financial set to hire banker Douglas Feagin, latest in a string of Goldman alumni at Chinese Internet firms.
While WMPs offer high interest rates, it isn't always clear what assets the funds are buying to finance those payouts.
According to data from the China Internet Network Center, in 2015, online trading in stocks and online payment were hot areas of growth.
Western pundits have a narrative about China’s activities in Africa.
And How the United States Fits In.
Stocks plunged, monetary policy wavered, but Beijing finally fixed the "fixing."
On Monday, the Shanghai Composite Index fell 8.5 percent, erasing all of the gains it had made in an extraordinary run-up this year. The drop was the second 8.5 percent drop in recent weeks. The first such drop (the occasion for the Conversation...
Artists, essayists, lawyers, bloggers and others deemed to be online troublemakers have been hauled into police stations and investigated or imprisoned for “picking quarrels and provoking trouble,” a charge that was once confined to physical...
Home to the world’s largest equity markets after the US, China is still extremely volatile with benchmark indices often swinging as much as 10 per cent in a matter of hours.
In recent years, as the growth of the Chinese economy has slowed—thanks to declining demand for exports and new real estate projects—the government has been desperate to get its thrifty citizens to spend, spend, spend and drive economic growth...
A total of 57 countries have now joined the Asian Infrastructure Investment Bank, China’s newly-launched competitor to the Asian Development Bank (AIIB) that has sparked a flurry of objections from the United States, even culminating in a failed...
Obama worries the new bank will compete with the Western-led World Bank and the International Monetary Fund.
Companies' quest to cut costs per engineer drives new entrants into using R&D from India and China.
Time was when cash-strapped Latin American governments would turn to the IMF for the bitter medicine of its bail-outs. No longer. Over the past dozen years the supercycle of rising commodity prices has swelled the region’s coffers, while even the...
The first major meeting of Chinese and Latin American leaders agreed closer cooperation on trade, investment, and industry, but is more likely to usher in deals on oil and gas rather than renewable energy, analysts said in response to a summit...
Just three months ago the main Chinese stock market was dormant. Since then it has surged 30 per cent and has started to show signs of the manic trading that normally does not appear until a bull market has been gathering steam for years.
Trucks loaded with construction materials park in front of a vacant lot in El Monte, where a homeless man slumbers on the sidewalk next to a mountain of rags and trash bags. Overhead, colorful flags whip in the breeze, advertising opportunities...
While the change caught traders off guard, authorities in the world’s second-largest economy are trying to rein in the use of lightly-regulated Local Government Finance Vehicles (LGFVs) as they promote the development of a more transparent...
Hong Kong is one of the world’s top venues for initial public offerings, thanks to listings by Chinese companies over the years, but most of the IPOs have been a losing bet for investors, with the bulk of them lagging behind the market in recent...
Friday's surprise cut in rates, the first in more than two years, reflects a change of course by Beijing and the central bank, which had persisted with modest stimulus measures before finally deciding last week that a bold monetary policy step...
Hong Kong’s democracy protests are often said to be futile because the city is no longer China’s golden goose, protected from Beijing’s wrath by its economic importance. But Monday’s big news shows that things aren’t so simple: The opening of a “...
Complete with its own Rockefeller Center and Twin Towers, Yujiapu been billed as the world's largest financial center in the making. But this Manhattan still has a long way to go.
The program allowing a net 23.5 billion yuan ($3.8 billion) of daily cross-border purchases will begin on November 17, regulators said in a joint statement today after weeks of investor speculation on the start date.
Underlying Mexico’s decision to choose China, and what may have made it the only country able to meet to proposal deadline, was its decision to finance 85 percent of the project through the Export-Import Bank of China.
The fund, overseen by Chinese policy banks, will be used to build and expand railways, roads and pipelines in Chinese provinces that are part of the strategy to facilitate trade over land and shipping routes.
Instead of opposing its creation, the U.S. should consider joining the bank as a means of guaranteeing that it matches world-class financing strength with world-class environmental practices.
The alleged anti-foreigner bias of China’s National Development and Reform Commission, which enforces pricing provisions of the 2008 Anti Monopoly Law, has become an increasingly common complaint among multinational executives working in the...
The billionaire Chinese financier was among the first to see the potential in homegrown internet companies. He talks about a career that began when he rented out comics at the age of seven.
