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Chinese province floats new use for digital yuan: paying long-delayed debts

China is mulling the application of its digital yuan – the central bank-backed currency also known as the e-CNY –…

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New Business

Word is bonds: China’s provinces use special-purpose funds to pay debts

Hunan has become the first province in China to use the proceeds of special-purpose bonds to guarantee government payments to…

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New Business

Asia sees ‘concerning’ rise in long payment delays amid turbulence: report

Companies across the Asia-Pacific region – and especially those in China – are becoming more cautious about selling on credit,…

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New Business

Cash-strapped Chinese suppliers staying credit-conscious in 2025: survey

Chinese suppliers are less willing to make sales on credit as the country’s economy remains in recovery, a new survey…

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New Business

Will a Trump-Xi summit make headway on trade? Analysts are doubtful

Though US President Donald Trump has predicted a visit to Washington by his Chinese counterpart Xi Jinping in the “not…

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New Business

As trade war threats rain down, Premier Li says China must ‘turn pressure into motivation’

With the United States slapping an additional 10 per cent tariff on all Chinese goods this week, Beijing is looking…

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New Business

More bumps on China’s road to 5% economic growth in 2024: 7 data takeaways

Quarter on quarter, China’s economy grew by 0.7 per cent in the second three months of the year, down from…

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