The PBOC Governor revealed the most recent updates on what you should know about trading the Yuan at the 19th Party Congress. Over the following days, more officials will talk about the economy and new leaders will be announced at the key meeting.
The Bullish CAD theme that dominated markets during the summer continues to face questions. As CAD data weakens, as NAFTA discussions continue, little by way of optimism is showing around the Canadian Dollar.
China’s 2.1 trillion-yuan (US$317,181 billion) national pension fund is seeking more overseas investment opportunities to diversify its risks, its chairman Lou Jiwei has told the South China Morning Post. Lou, who took up the position to manage the flagship retirement fund for the world’s second-largest economy last year, said he was aware of the risks […]
A man’s road trip with his 89-year-old mother around northwestern China has been applauded by social media users. “She is a 89-year-old granny but now she’s just as happy as a little kid,” the son, only identified by his surname Duan, told Chongqing Economic Times. Duan, 54, lives with his mother Yang Maocai, in Chongqing. […]
Chinese politicians gathering in Beijing for the Communist Party congress are mincing no words in their praise of President Xi Jinping, heaping unofficial titles that hark back to the Mao Zedong era on him and glorifying his achievements with gushing superlatives. While it is not clear how the president responds to the flattery, at least […]
When looking at North Korea, sometimes it is useful to tune out the Americans altogether and look at who is governing the country internally, and how they are doing it. As the instrument that built and continues to amplify the overarching personality cult of the Kims, the Korean Workers’ Party remains an important vehicle both […]
A university in eastern China is taking a step back in time to become the latest college offering classes in traditional dragon and lion dances. Zhejiang University in Hangzhou is one of more than 200 tertiary campuses around the country offering the classes in a national push to keep the tradition alive, news portal Thepaper.cn […]
A group of Chinese history buffs spent more than US$45,000 and six months bringing some of the imperial splendour of Beijing’s Old Summer Palace complex back to life – in tiny Lego-like plastic bricks. The team, headed by a man identified only as Wang, used more than 660,000 of the bricks to build one of […]
Just a few yards away from the elite drama school that has been a cradle for international movie stars like Zhang Ziyi and Tang Wei, China’s first independently run theatre is facing an existential crisis. Over the past year, Wang Xiang, who founded Penghao Theatre in a Beijing alleyway in 2008, has spent far more […]