City Guangzhou, China Financial News

24.08 / 13:19

Citi Digital Mobile Subway China Guangzhou Public Transport Launches Digital RMB Payment Function

China's Guangzhou became the first city to launch a pilot function of a digital RMB payment code to pay for bus rides.

13.07 / 08:48

markets IPO FIVE wellness reports politician Shein pledges to invest in UK and Europe ahead of potential IPO

Shein said it would invest 250 million euros ($271 million) over five years in the UK and Europe as the company battles criticism of its model based around flying cheap clothes and accessories from factories in China direct to shoppers worldwide. Shein, which is preparing for a possible London listing, already sources some clothes from factories in Turkey, although the vast majority of its products are made by around 5,400 suppliers mainly in Guangzhou, China.

08.04 / 14:59

markets Provident Cooper Manufacturing economy Trade reports US and China plan talks on economics, including manufacturing issue, Yellen says

U.S. Treasury Secretary Janet Yellen says upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade practices put American companies and workers at an unfair competitive disadvantage

08.04 / 07:27

UPS MET Cooper economy Remark Trade Yellen says U.S. plans to ‘underscore’ need for China to shift policy

BEIJING — U.S. Treasury Secretary Janet Yellen said Monday that future discussions between the U.S. and China will focus on Beijing's need to shift its policy on industry and the economy.

05.04 / 16:33

markets MET Manufacturing Trade President reports Relationships Yellen calls for level playing field for US workers and firms during China visit

The U.S. treasury secretary has called for a level playing field for American companies and workers as she opened a five-day visit to China in a major industrial and export hub

04.04 / 20:30

FIVE Manufacturing economy Trade country reports Relationships US treasury secretary is in China to talk trade, anti-money laundering and Chinese 'overproduction'

Treasury Secretary Janet Yellen has arrived in a China for five days of meetings in a country that's determined to avoid open conflict with the United States

27.01 / 09:20

markets Citi economy Southern Research information reports China's Guangzhou first to completely ease purchase limit on large homes

BEIJING (Reuters) — China's major southern city of Guangzhou fully relaxed home purchase limits for some people on Saturday and said it would increase affordable housing supply, in a move to support the local property market.

18.12 / 16:52

Citi Waves BLOCK Extreme Southern Mercury infection Southern China experiences rare snowfall, as extreme winter grips the north

China's south province of Guangdong faced rare snowfall while temperatures in the chilly north dropped to historic lows for the month. Also Read: China detects 7 infections of COVID subvariant JN.1; is this a variant of concern? Here are the details In China's northern areas, the mercury fell to historic lows below zero in northern areas. The extreme weather resulted in blocked roads, rail, and air transport.

30.10 / 21:05

economy Southern track country reports gatherings prevention Financial China holds major financial conference as leaders aim to get economy back on track

China’s leaders are expected to search for ways to mend the country's fractured property market, create jobs for millions of unemployed youths and spur faster growth in a meeting that reportedly began Monday in Beijing

26.10 / 01:33

FIVE Manufacturing CEO Platform Strategy country exclusive stake Stellantis gains foothold in China with $1.6 billion stake in EV maker Leapmotor

(Reuters) -Stellantis NV on Thursday announced a 1.5 billion euro ($1.6 billion) deal to acquire a 20% stake in China's Leapmotor (HK:9863) Technology in a move that gives the European automaker a vital foothold in the world's largest auto market.

02.12 / 09:25

Platform Mobile Tencent In a move to break down barriers, a Tencent exec says WeChat Pay will soon be available 'in all places'

GUANGZHOU, China — Barriers between China's tech rivals like Alibaba and Tencent are coming down as Chinese companies rush to comply with Beijing's crackdown on alleged monopolistic practices.

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