China uses digital yuan to stimulate virus-hit consumptionChina is at the fore of a global race to develop central bank digital currencies. Issuing e-CNY subsidies can both aid consumption and furt...
30 May, 2022, 04.44 PM IST
Beijing reports highest Covid cases since June 2020 as Olympics loomChina will hold the Games in a strict "closed-loop" bubble as part of its zero-Covid strategy of targeted lockdowns, border restrictions an...
31 Jan, 2022, 07.30 AM IST
China to expand digital yuan experiments: Central bank vice governorChina is one of the frontrunners in the global race to launch central bank digital currencies to modernise financial systems, ward off the ...
18 Apr, 2021, 10.30 PM IST
China approves high-speed railway project worth $8.82 billonThe project is expected to take four-and-a-half years to complete, the National Development and Reform Commission said in a statement on it...
11 Jan, 2021, 08.43 AM IST
Crypto Yuan will meet the Dollar — in Hong KongMajor battle in the U.S.-China financial cold war could be fought over a decades-old currency peg.
24 Aug, 2020, 07.13 PM IST
View: China's crypto is all about tracing — and powerDigital yuan trials are taking place just as Covid deepens mistrust with the US.
25 May, 2020, 02.17 PM IST
China flirts with digital currency in four urban centres amid CovidChina has launched a trial of digital yuan in four urban centres of the country for specific services.
02 May, 2020, 08.12 PM IST
Why traders are snapping up stocks with Shanghai in their nameShanghai is preparing for a free trade port in line with central government guidelines.
21 Oct, 2017, 10.59 AM IST
China to move half a million people from Beijing to new cityA Chinese expert estimated that the capital could transfer around 300,000 to 500,000 people to the area, state-run Global Times reported.
23 Aug, 2017, 04.26 PM IST
China plans a new city worth $290 billion near BeijingChina's cities are afflicted by urban sprawl and designs that force millions to rely on cars to get around, exacerbating chronic traffic co...
27 Apr, 2017, 11.36 AM IST
Bears loosen grip, but base metal rally may not have legsWith China resuming trading & Trump-Xi Jinping talks likely to be positive, rally may lose steam.
07 Apr, 2017, 11.44 AM IST
China plan to create new Shenzhen spurs frenzyThe development of the region will create an urban district in Hebei that will help move some of the noncapital functions away from Beijing.
04 Apr, 2017, 01.46 AM IST