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foreign-exchange

Mainland China’s provinces seek overseas capital, with Hong Kong as go-between

by Anas Siddiqui
Mainland China’s provinces seek overseas capital, with Hong Kong as go-between

Some localities in mainland China are taking active steps to woo overseas capital via Hong Kong as foreign direct investment (FDI) continues to decline, a move seen by analysts as …

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China is rolling out the red carpet for venture capital in tech – and foreign funds are welcome

by Anas Siddiqui
China is rolling out the red carpet for venture capital in tech – and foreign funds are welcome

China plans to roll out new measures to coax venture capital (VC) – including funds based overseas – into the country’s technology sector, according to a notice from the State …

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China’s ‘two sessions’ 2024: new mandate, party control push central bank beyond ordinary role

by Anas Siddiqui
China’s ‘two sessions’ 2024: new mandate, party control push central bank beyond ordinary role

Rather than take drastic action to silo China from the US and insulate its economy from what already looked like a ticking time bomb, Wang promised his old friend the …

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Opinion | Why a stronger yuan is actually good for China’s sluggish economy

by Anas Siddiqui
Opinion | Why a stronger yuan is actually good for China’s sluggish economy

In terms of its infrastructure, urbanisation rate and education, nutrition and life expectancy levels, China is already a developed economy. But its nominal per capita GDP is about one sixth …

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The basketball star, the Crypto King and the $8.4M mansion

by Virginia Chavez
The basketball star, the Crypto King and the .4M mansion

A couple of days after Canadian professional basketball player Shai Gilgeous-Alexander moved into his $8.4 million lakefront mansion this spring, he allegedly received a threatening visit from a stranger demanding …

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