Working as a middleman in China’s underground financial system, Chen would routinely accept more than $100,000 in cash and then swap it for the cryptocurrency tether using overseas trading platforms.
South China's Guangdong Province achieved economic output of more than 14.16 trillion yuan in 2024, the Guangzhou Daily ...
China's stimulus scheme for consumer goods trade-ins boosted last year's consumption growth by more than 1 percentage point, ...
China’s central bank moved on multiple fronts this week and last in an effort to shore up its currency, the yuan, which has languished near a 16-month low relative to the dollar.
The total output value of China's forestry industry has exceeded 10 trillion yuan ($1.38 trillion) in 2024, with a ...
BEIJING - China's local governments issued new bonds worth 4.72 trillion yuan ($658.25 billion) in 2024, data from the ...
By Samuel Shen and Jiaxing Li SHANGHAI/HONG KONG (Reuters) -Chinese stocks and the yuan tentatively rose on Tuesday, with ...
New shades of capitalism are emerging in China's tuckered out stock market as companies, at Beijing's behest, buy back their ...
Share buybacks by China's A-share listed companies reached a record high in the first eight months of 2024, with ...