China plans to cut banks’ reserve ratio in the fourth quarter: PBOC governor
Published: October 18, 2024 02:52
People’s Bank of China governor Pan Gongsheng was speaking at the Financial Street Forum in Beijing on Friday.
🦜 Money & Wealth - South China Morning Post
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Alibaba’s new Singles’ Day focus: protecting sellers from price wars
Published: October 17, 2024 10:00
The e-commerce giant aims to root out ‘ineffective involution’ after Beijing warned against a race to the bottom in price and quality.
Alibaba opens walled garden to rival JD.com’s logistics services
Published: October 17, 2024 00:00
China’s tech giants have been breaking down the digital walls between their ecosystems in response to Beijing’s call.
Chinese brands and Apple drive global smartphone shipment growth for fifth straight quarter
Published: October 15, 2024 10:32
Shipments from Vivo surged nearly 23 per cent in the third quarter, while Samsung’s fell almost 3 per cent, according to IDC.
China’s drive for tech self-sufficiency is already paying off
Published: October 13, 2024 12:30
Facing an uncertain future, China’s pivot towards self-reliance and technological innovation will cement its position on the world stage.
There’s hope for China’s economy, as long as planners can ‘let go’
Published: October 13, 2024 01:30
Despite economic challenges, a commitment to reform and pre-emptive planning will ensure China’s fundamentals remain strong.
Tech war: US-blacklisted Chinese surveillance camera maker Hikvision said to be cutting jobs
Published: October 13, 2024 01:00
The Hangzhou-based company says it is optimising its research manpower, while denying large-scale lay-offs.
China has ‘room’ for higher debt, more policy support, finance minister says
Published: October 12, 2024 01:50
China’s Ministry of Finance begins press conference, will tap unused bond reserve to aid real estate, local governments.
Apple opens its ‘most extensive’ lab outside US in China amid fierce rivalry with Huawei
Published: October 11, 2024 09:00
The new facility in the Hetao Shenzhen-Hong Kong tech cooperation zone is one of several Apple research centres in China.
Mainland China detains four Taiwanese employees at Apple’s ‘iPhone city’
Published: October 11, 2024 02:08
Police in Zhengzhou city have detained four Foxconn staff on charges of breach of trust, according Taiwanese officials.
Renaissance names founder’s wife Hui Yin-ching to chair bank, as Bao Fan remains missing
Published: October 10, 2024 04:39
Hui Yin-ching, also known as Xu Yanqing, was designated as the chairperson of the bank’s board and executive director effective October 9, Renaissance said.