Jason Xue
Stories by Jason Xue
China’s digital yuan wallets see mass adoption but usage lags
The PBOC is ramping up testing of the digital currency, dubbed e-CNY, ahead of the Olympics.
China Evergrande secures payment extension as developers seek to avert default
Evergrande has so far met payments on onshore bonds, though it has defaulted on some offshore bonds.
More cash-strapped Chinese firms seek to extend bond terms to avert default
Chinese developers are facing a liquidity squeeze due to years of regulatory curbs on borrowing.
Fund managers in China rush to launch wind power funds amid green fever
China also promised to raise total wind and solar power generation capacity to 1,200 gigawatts by 2030.
Lenovo stock plunge 17% after withdrawing Shanghai listing application
Lenovo said it would withdraw its application, days after it had been accepted by STAR Market.
Beijing stock exchange to run technical tests ahead of trading
The Beijing Stock Exchange was set up this month to fund SMEs.
BlackRock tests Chinese retail investor appetite with mutual fund launch
The asset manager plans to roll out passively-managed funds in China in the future.