China's central bank on Monday reiterated that it is confident in its capability of keeping the yuan's exchange rate basically stable after both the onshore and offshore yuan broke seven against the U.S. dollar.
China's real effective exchange rate in 2018 is estimated to be at the same level as warranted by fundamentals and desirable policies, the IMF reiterated on Friday in a newly released report.
China's consumer prices stayed elevated in July, fueled by higher fruit and pork prices, while factory price inflation dropped year on year, showing that overall inflationary pressures remain under control.more
China's foreign trade maintained steady expansion in the first seven months of this year amid mounting domestic and external challenges.more
Huawei launched its open-source operating system, HarmonyOS, on Friday as a potential alternative to Android should the Google's operating system be banned from Huawei mobile phones.
Alibaba has launched an initiative to bring jobs related to artificial intelligence (AI) to people, women in particular, in underdeveloped areas in China.
Chinese tech firm Xiaomi announced Wednesday that it will roll out smartphones featuring 64-megapixels (MP) camera technology via a partnership with Samsung Electronics.