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Adoption of a resolution on further deepening comprehensive reformReform should be placed in a more prominent position consciously.The reform tasks set out in this resolution must be completed by 2029.Necessary measures will be implemented…

In 2018, one of the largest donors to Rep. Brad Sherman's campaign was a bank director who had spent large sums of money to build political influence among American politicians — and who led a US-registered non-for-profit that "signed a MOU…

Hong Kong, the dynamic hub of Asian finance, has taken a pioneering leap into the future of digital currency. in This is the first step of its kindChina has launched a pilot program for its electronic currency CNY, or digital yuan,…

China, the land where cash was once king, is moving toward a digital future. At the forefront of this revolution is China's e-yuan, the country's bold attempt to create a central bank digital currency (CBDC). But unlike the…

China's National Bureau of Statistics (NBS) press conference following the data earlier:China Q1 2024 GDP growth 5.3% y/y (expected +5.0%)China: March Industrial output +4.5%y/y (expected +5.4%) Retail sales +3.1% (4.5% exp)Comments from…

Some of China's biggest asset managers are using Hong Kong subsidiaries to enter the Bitcoin ETF market, according to recent reports.JUST IN: 🇨🇳 $284 billion China Southern Fund has reportedly applied to launch spot #Bitcoin ETF via Hong…

The news on the cut to the Loan Prime Rate (5-year) is here:PBOC Rate CUT ___ (LPR): 1-year 3.45% (prior 3.45%) 5-year 3.95% (prior 4.20%)Since the weekend there had been a cascade of expectations for a cut to the 5-year, but expectations…

China's 'state planner' is the National Development and Reform Commission. Its Chairman, Zheng Shanjie, has had comments reported from a meeting held on Tuesday. Promising the usual sort of policy measures, saying the country will:strive to…

Xinhua is a Chinese Communist Party State media outlet, reporting comments from Xi after meeting with US President Biden: Hopes the two countries can be partners, respect each other, coexist peacefullyWe must not let differences become a…