The Asian Infrastructure Investment Bank (AIIB) has enjoyed a smooth first six months, with projects spanning funding and loans, officials said at the bank's first Annual Meeting of the Board of Governors.
It's no longer big news that a Chinese supercomputer dominates a list of the world's fastest machines these days, but a No. 1 system built using entirely made-in-China chips instead of U.S. technology is no doubt a milestone.
Experts have warned of stronger downward pressure and recommended policy tools to cushion shocks as China's economy confronts challenges.more
Bourgeoning Chinese investment has now extended beyond real estate, with more companies eyeing sectors closely related to Chinese domestic demand.more
More governmental policies could be expected to increase financial support for the real economy after Premier Li Keqiang's Monday visit to a major commercial bank and the financial regulator.
China's central bank governor Zhou Xiaochuan said on Friday that China would continue to promote an exchange rate mechanism which meets higher standards of market economy in the next stage.
China Construction Bank (CCB) has opened the first clearing bank for transactions in renminbi (RMB) in South America in Chile's capital Santiago, the CCB said on Tuesday.