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Yuan-denominated loans from Chinese banks fell unexpectedly in July, likely due to weak domestic consumption. The central bank now plans to subsidize loan interest rates.
By Marcel Grzanna
Beijing has responded directly for the first time to EU sanctions against Chinese financial institutions, banning two banks from Lithuania from doing business with partners in China. The move is seen as a warning signal from the EU to larger Chinese banks.
By Amelie Richter
Chinese investment in Africa has been growing for years, and now tire manufacturer Sailun has announced plans to build a new factory.
By Marcel Grzanna
US authorities are reportedly equipping shipments of high-performance chips to China with hidden trackers. The devices are intended to help detect violations of export controls.
By Fabian Peltsch
Every year, thousands of wealthy Chinese leave their home country, draining the Chinese economy of both investment and skilled labor. Some seek refuge in Germany – in some cases, by illegal means.
By Manuel Liu
With the Shenzhou-19 mission, Wang Haoze will become China’s third woman in space. Her story begins in Hebei province, as the daughter of a teacher and a police officer.
By Fabian Peltsch
A highly pathogenic bird flu outbreak has occurred in Spain. This has led China to ban imports of Spanish poultry.
By Emily Kossak
IKEA invests in the Chinese circular economy: The Ingka Group supports the recycling company Re-Mall with a financial injection.
By Emily Kossak
Lula da Silva spoke with Xi Jinping on the phone after Trump described the BRICS confederation as “anti-American.” Xi took the opportunity to reaffirm the unity of the BRICS countries.
By Emily Kossak