MOSCOW Russia will reduce the share of the U.S. dollar in its National Wealth Fund and is considering investing in other foreign currencies including the Chinese yuan, Deputy Finance Minister Vladimir Kolychev said on Wednesday.
SHENZHEN, China Chinese telecoms giant Huawei Technologies said on Tuesday it will hand out 2 billion yuan ($286 million) in cash rewards to staff working to help it weather a U.S. trade blacklisting.
BEIJING New bank loans in China fell more than expected to the lowest in 22 months in October, but the drop was likely due to seasonal factors and policymakers are still expected to ramp up support for the cooling economy in coming months.
BEIJING Short video-sharing app TikTok has become the latest Chinese firm caught in U.S. regulatory crossfire, with Washington launching a national security review of its $1 billion acquisition of U.S. social media app Musical.ly.
SINGAPORE China's Suntien Green Energy Co. Ltd , a wind power producer and piped gas distributor, plans to build a $1 billion liquefied natural gas (LNG) receiving terminal in north China by end-2022, after its investment plans won state approval, a company official said.
BEIJING/SHANGHAI U.S. electric vehicle maker Tesla on Friday started selling its China-made Model 3 with an autopilot function priced from 355,800 yuan ($50,310), making it the company's cheapest model on sale in the country, the official website showed.
WASHINGTON China's top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping China's yuan at an appropriate level.
SHENZHEN, China/SHANGHAI Huawei Technologies Co Ltd's third-quarter revenue jumped 27%, driven by a surge in shipments of smartphones launched before a trade blacklisting by the United States expected to hammer its business. | Video
WASHINGTON The White House is warning Chinese shipping companies against turning off their ships' transponders to hide Iranian oil shipments in violation of U.S. sanctions, two senior administration officials said.
WASHINGTON A U.S.-China currency agreement being floated as a symbol of progress in this week's trade talks between the world's two largest economies would largely repeat past pledges by China, currency experts say, and will not change the dollar-yuan relationship that has been a thorn in the side of President Donald Trump.
The yuan charge
The Obama administration is taking China head on over the yuan. As Congress comes closer to punishing Beijing for not letting the currency strengthen more rapidly, Reuters explains the factors behind the yuan's sudden gains. Document