Economy

China to raise FX deposit reserve ratio to 7% from 5% amid yuan’s strength Photo:Xinhua

Birth and elderly care shares surged on Monday after China announced to loosen birth restrictions and allow couples to have a third child in a bid to boost dwindling fertility…

Cotton declines from 20% in Nov 2019 to 5% The harvest of Australian cotton production, which was once worth A$800 million ($614 million) a year, is now in peril due…

Foxconn's Intelligent terminal manufacturing industrial park in Southwest China's Guizhou Province, which was designed to be a foundry for Huawei smartphones, is seeking to manufacture other intelligent products as Huawei's…

China’s vaccine developer Sinovac is leading the initiative to develop the Chinese branch of the BRICS vaccine research and development center, a joint vaccine cooperation effort by the five BRICS…

The US' order that requires Hong Kong products to be relabeled as "Made in China" is a "discriminatory and unjust" requirement motivated by political reasons, and violates WTO rules, the…

Tesla has started recruiting employees for the data center it has set up in the Chinese mainland, the US electric carmaker announced via its employment WeChat account on Thursday. Currently,…

China's steel exports are expected to drop as the country's government takes a series of actions to stem the unusual spike of bulk commodity inflation. However, experts say that while…

Huawei has proposed several times that it's ready to sell the rights to all its 5G patents including licenses, code, and technical blueprints in a one-off transaction to US firms,…