• 03/03/2025

China capital: foreign investors bailed on bonds to the tune of US$7.2 billion in May

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. A depreciating yuan and diminished economic growth prospects in China ‘are putting investors off a market that was expected to be this year’s darling’, Natixis says https://www.scmp.com/economy/china-economy/article/3223540/china-capital-foreign-investors-bailed-bonds-tune-us72-billion-may?utm_source=rss_feed

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Why is China’s yuan-internationalisation push failing to meet expectations?

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Beijing has been trying to get more countries to use its currency for years, but until these hurdles are cleared, the yuan’s rise as an international currency ‘will have a ceiling’. https://www.scmp.com/economy/china-economy/article/3223596/why-chinas-yuan-internationalisation-push-failing-meet-expectations?utm_source=rss_feed

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Honduran leader Xiomara Castro starts first China trip after establishing diplomatic ties

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. President will spend two days in Shanghai before travelling to Beijing for talks with Xi Jinping. https://www.scmp.com/news/china/diplomacy/article/3223587/honduran-leader-xiomara-castro-starts-first-china-trip-after-establishing-diplomatic-ties?utm_source=rss_feed

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Chinese and Russian armed forces agree to hold more joint drills

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Senior military officers agree to exercises just days after aircraft conduct patrols near South Korea. https://www.scmp.com/news/china/military/article/3223602/chinese-and-russian-armed-forces-agree-hold-more-joint-drills?utm_source=rss_feed

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Challenges abound if Binance seeks haven in Hong Kong amid US crackdown, analysts say

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The embattled cryptocurrency exchange may be deterred by a range of operational adjustments it must make to get licensed in the city, analysts say. https://www.scmp.com/tech/tech-trends/article/3223562/challenges-abound-if-binance-seeks-haven-hong-kong-amid-us-crackdown-analysts-say?utm_source=rss_feed

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Palestinian leader Abbas to visit China as Beijing expands regional engagement

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Mahmoud Abbas’ trip comes after Beijing criticised Israel’s recent expansion of settlements in the West Bank. https://www.scmp.com/news/china/diplomacy/article/3223600/palestinian-leader-abbas-visit-china-beijing-expands-regional-engagement?utm_source=rss_feed

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Cyberbullying: China looks at ‘severe penalties’ in proposed new rules to fight online violence

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China’s top three legal bodies jointly issue set of draft guidelines on a new directive to target cyberbullies, opening it up for public consultation until June 25. https://www.scmp.com/news/china/politics/article/3223605/cyberbullying-china-looks-severe-penalties-proposed-new-rules-fight-online-violence?utm_source=rss_feed

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China’s anti-corruption body expels ex-central bank deputy Fan Yifei from Communist Party for ‘serious violations’

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Former People’s Bank of China deputy governor Fan Yifei is the most senior central banker sacked as part of Beijing’s anti-corruption campaign in the financial sector over the past two years https://www.scmp.com/economy/china-economy/article/3223572/chinas-anti-corruption-body-expels-ex-central-bank-deputy-fan-yifei-communist-party-serious?utm_source=rss_feed

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China offers South Africa help to boost BRICS summit security while arrest warrant out for possible attendee Putin

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Public security minister Wang Xiaohong and South African police minister Bheki Cele also discussed belt and road security and transnational crime. https://www.scmp.com/news/china/diplomacy/article/3223571/china-offers-south-africa-help-boost-brics-summit-security-while-arrest-warrant-out-possible?utm_source=rss_feed

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Alibaba Cloud wins deal with Chinese coal giant in push to woo more state-owned clients

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The new partnership with Shaanxi Coal and Chemical Industry Group is aimed at digitising the energy industry in western China, Alibaba says. https://www.scmp.com/tech/big-tech/article/3223546/alibaba-cloud-wins-deal-chinese-coal-giant-push-woo-more-state-owned-clients?utm_source=rss_feed

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