Latest from Karen Yeung
China has fast tracked development of its sovereign digital currency, but a former central bank deputy governor has urged China to think about its response to Facebook’s Libra.
China has fast tracked development of its sovereign digital currency, but a former central bank deputy governor has urged China to think about its response to Facebook’s Libra.
Greater Bay Area Green Finance Alliance will support projects to help meet China’s goal of zero net carbon emissions by 2050.
Greater Bay Area Green Finance Alliance will support projects to help meet China’s goal of zero net carbon emissions by 2050.
The ‘safe haven’ status of the Hong Kong dollar has diminished due to political instability caused by the anti-government protests, according to Invesco’s John Greenwood.
The ‘safe haven’ status of the Hong Kong dollar has diminished due to political instability caused by the anti-government protests, according to Invesco’s John Greenwood.
President Jin Liqun says the Asian Infrastructure Investment Bank will help to cut the debt burden of borrowing countries, while also addressing climate change.
President Jin Liqun says the Asian Infrastructure Investment Bank will help to cut the debt burden of borrowing countries, while also addressing climate change.
Ex-US Federal Reserve chair Janet Yellen warns of the risks of technological decoupling between China and the United States despite the looming phase one trade deal.
Ex-US Federal Reserve chair Janet Yellen warns of the risks of technological decoupling between China and the United States despite the looming phase one trade deal.
The phase one trade deal between China and the United States, set to be signed next week, is expected to include clauses prohibiting currency manipulation of the yuan.
The phase one trade deal between China and the United States, set to be signed next week, is expected to include clauses prohibiting currency manipulation of the yuan.
Pork prices in China rose by 97.0 per cent in December from a year earlier, keeping consumer inflation at an eight-year high of 4.5 per cent.
Pork prices in China rose by 97.0 per cent in December from a year earlier, keeping consumer inflation at an eight-year high of 4.5 per cent.
Hong Kong toymaker Eastcolight invested 70 million yuan (US$10 million) in a new factory in China instead of relocating production overseas in response to the trade war.
Hong Kong toymaker Eastcolight invested 70 million yuan (US$10 million) in a new factory in China instead of relocating production overseas in response to the trade war.
China will continue to carefully diversify its US$3.1 trillion foreign exchange reserve holdings, says the State Administration of Foreign Exchange.
China will continue to carefully diversify its US$3.1 trillion foreign exchange reserve holdings, says the State Administration of Foreign Exchange.
A number of China’s wealthiest businesspeople fell from grace in 2019 amid debt defaults, criminal charges and tightening government regulation.
A number of China’s wealthiest businesspeople fell from grace in 2019 amid debt defaults, criminal charges and tightening government regulation.
China increased Macau’s daily yuan remittance quota to 80,000 yuan (US$11,400), the same limit as Hong Kong, in the latest boost for the casino hub.
China increased Macau’s daily yuan remittance quota to 80,000 yuan (US$11,400), the same limit as Hong Kong, in the latest boost for the casino hub.
People’s Bank of China deputy governor Pan Gongsheng warns that while financial technology brings efficiencies, its risks must be closely regulated.
People’s Bank of China deputy governor Pan Gongsheng warns that while financial technology brings efficiencies, its risks must be closely regulated.
Analysts say Hong Kong’s importance to the mainland will continue because of its stable exchange rate under the US dollar peg, despite anti-government protests.
Analysts say Hong Kong’s importance to the mainland will continue because of its stable exchange rate under the US dollar peg, despite anti-government protests.
Analysts say the Hong Kong Human Rights and Democracy Act could threaten the city’s exchange rate peg, though only in a ‘serious escalation’ of US and China tensions.
Analysts say the Hong Kong Human Rights and Democracy Act could threaten the city’s exchange rate peg, though only in a ‘serious escalation’ of US and China tensions.
China’s consumer price index (CPI) rose to 4.5 per cent from a year earlier, while the producer price index was minus 1.4 per cent year-on-year in November.
China’s consumer price index (CPI) rose to 4.5 per cent from a year earlier, while the producer price index was minus 1.4 per cent year-on-year in November.
Ongoing anti-government protests have led to some speculation that Hong Kong could be forced to sever its peg to the US dollar, which has been in place since 1983.
Ongoing anti-government protests have led to some speculation that Hong Kong could be forced to sever its peg to the US dollar, which has been in place since 1983.
China Merchants Bank has suspended a programme that allowed customers to set up automatic transfers to overseas accounts in US dollars.
China Merchants Bank has suspended a programme that allowed customers to set up automatic transfers to overseas accounts in US dollars.
Rebounds in China’s private and official manufacturing purchasing managers’ indices (PMIs) for November fail to result in upgrades in economic growth forecasts for 2020.
Rebounds in China’s private and official manufacturing purchasing managers’ indices (PMIs) for November fail to result in upgrades in economic growth forecasts for 2020.
Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) rose to 51.8 from 51.7 in October, the fastest expansion since reaching 51.9 in December 2016.
Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) rose to 51.8 from 51.7 in October, the fastest expansion since reaching 51.9 in December 2016.
Jeffrey Sachs repeats claims that US dollar hegemony is nearing its end, with the Chinese yuan among those currencies to challenge within a decade.
Jeffrey Sachs repeats claims that US dollar hegemony is nearing its end, with the Chinese yuan among those currencies to challenge within a decade.
Government-backed companies could compliment the business models of private shipping firms in the financial hub, says state-backed China Merchants Energy Shipping.
Government-backed companies could compliment the business models of private shipping firms in the financial hub, says state-backed China Merchants Energy Shipping.
More than 4 million due to vote in Sunday’s district council elections, which have extra significance amid unrest. People arrive early at polling stations following rumours voting could close if trouble breaks out.
More than 4 million due to vote in Sunday’s district council elections, which have extra significance amid unrest. People arrive early at polling stations following rumours voting could close if trouble breaks out.
The preferential treatment China gives its state-owned enterprises (SOEs) is one of the key disputes between Washington and Beijing.
The preferential treatment China gives its state-owned enterprises (SOEs) is one of the key disputes between Washington and Beijing.
Trade row between Washington and Beijing has complicated global trade environment, especially for logistics industry, says sourcing and logistics giant Li & Fung.
Trade row between Washington and Beijing has complicated global trade environment, especially for logistics industry, says sourcing and logistics giant Li & Fung.
Foreign lighting manufacturers in China are increasingly focusing on the country’s huge domestic market as the effects of US tariffs add up on their businesses.
Foreign lighting manufacturers in China are increasingly focusing on the country’s huge domestic market as the effects of US tariffs add up on their businesses.
Surging pork prices pushed China’s consumer price index to a nearly eight year high in October, making the central bank reluctant to act even as the economy slows further.
Surging pork prices pushed China’s consumer price index to a nearly eight year high in October, making the central bank reluctant to act even as the economy slows further.
Banks in China extended 661.3 billion yuan (US$94.5 billion) in net new loans last month, sharply down from the 1.69 trillion yuan (US$241.5 billion) in September.
Banks in China extended 661.3 billion yuan (US$94.5 billion) in net new loans last month, sharply down from the 1.69 trillion yuan (US$241.5 billion) in September.
Mainland firms more focused on cutting-edge technology, while Hong Kong government support slow and inefficient, limiting chances to expand.
Mainland firms more focused on cutting-edge technology, while Hong Kong government support slow and inefficient, limiting chances to expand.
Amid hopes that Donald Trump may remove some tariffs in US-China trade war phase one deal, China’s yuan bounced back above the 7 to the US dollar mark.
Amid hopes that Donald Trump may remove some tariffs in US-China trade war phase one deal, China’s yuan bounced back above the 7 to the US dollar mark.
China’s services sector activity in October expanded at its slowest pace since February amid an ongoing trade war with the United States.
China’s services sector activity in October expanded at its slowest pace since February amid an ongoing trade war with the United States.