action plan

New Business

China’s offshore yuan jumps to 6-month high as rollback of ‘egregious’ tariffs seen likely

The offshore yuan strengthened and broke past the 7.2 level against the US dollar for the first time since November,…

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New Business

China rolls out plan to promote its own payment system as US trade war simmers

China has released an action plan to promote the use of the yuan and its own payment system in international…

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Tech

Chinese capital Beijing sets sights on building ‘trillion yuan’ hi-tech manufacturing clusters

The city of Beijing will develop new “trillion yuan” hi-tech manufacturing clusters and strengthen its capabilities in areas such as…

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