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China Tightens Cryptocurrency Regulations with New Banking Rules China’s foreign exchange regulator has introduced stringent measures requiring banks to flag and monitor high-risk trading activities, including transactions involving cryptocurrencies. These rules are…
Liu Yi is among China’s 7 million ride-hailing drivers. A 36-year-old Wuhan resident, he started driving part-time this year when construction work slowed in the face of a nationwide glut of unsold…
The International Monetary Fund now expects China’s economy to grow 5% this year, raising its forecast from 4.6% a few weeks ago to reflect a strong expansion at the start of 2024…
As OPEC+ prepares to review global oil markets, trouble is brewing in the group’s biggest customer. Chinese oil refiners are cutting processing rates as flagging factory strength and a housing crash crimp…
The Chinese automaker BYD, Tesla’s largest rival in China, announced last month that it was planning to bring its affordable Seagull electric hatchback to Europe as soon as 2025, according to Bloomberg.…
At Auto China 2024 in Beijing, the BMW Group presents the latest progress in its change towards electrification, digitalisation and circularity. World premieres of new BMW and MINI models take centre stage.…
China on Sunday launched a Long March-2D carrier rocket, placing a remote sensing satellite in space. The rocket blasted off at 7:45 a.m. (Beijing Time) from the Xichang Satellite Launch Center in…
A small electric vehicle is having a big impact on the global automotive industry. It’s not the EV itself that’s making waves but its price — and its potential to disrupt domestic…
China’s ultimate goal is to deliver a better life for the people, Chinese President Xi Jinping said during his New Year address on Sunday in Beijing to ring in 2024. “Our children…
Black Ghosts: Noo Saro-Wiwa’s new book is a powerful reflection on Africans in China Janet Remmington, University of York Noo Saro-Wiwa is a celebrated Nigerian-born travel writer. Her latest book is Black Ghosts.…