China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...

They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...

China’s tech firms JD.com and Ant Group have proposed to the country’s central bank to allow the launch of stablecoins in Hong Kong pegged to its offshore yuan. Both companies believe the initiative ...

BEIJING (AP) — China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump ’s trade war, as the two sides prepared for talks later this week.

People's Bank of China Gov. Pan Gongsheng said China's reverse repo rate, the rate on commercial banks’ deposits with the central bank, was reduced to 1.4% from 1.5%.

China’s central bank cuts key interest rate amid threat from U.S. tariffs Last Updated: May 6, 2025 at 11:02 p.m. ET First Published: May 6, 2025 at 10:12 p.m. ET Share ...

BEIJING] China’s tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based ...

China announced a barrage of measures meant to counter the blow to its economy from President Donald Trump’s trade war, as the two sides prepared for talks later this week.Beijing's central bank ...

China announced a barrage of measures meant to counter the blow to its economy from President Donald Trump’s trade war, as the two sides prepared for talks later this week.Beijing's central bank ...

China announced a barrage of measures meant to counter the blow to its economy from President Donald Trump’s trade war, as the two sides prepared for talks later this week.Beijing's central bank ...