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Chinese banks must cut coal lending, shift to cleaner businesses
China needs to cut lending to coal-related industries and shift more financing to cleaner businesses in order to address a huge funding gap that is hindering the country's war on pollution, a study drawn up in part by central bank researchers said.
China and Pakistan launch economic corridor plan worth $46 billion
China and Pakistan launched a plan on Monday for energy and infrastructure projects in Pakistan worth $46 billion, linking their economies and underscoring China's economic ambitions in Asia and beyond.
Wall St. rallies on China stimulus, cautious earnings optimism
U.S. stocks rose on Monday, reversing much of the previous session's sharp decline, as China's steps to stimulate its slowing economy and cautious optimism about U.S. earnings lured investors into equities.
China wants to follow rules on currency basket: IMF official
China does not want to bend the rules in its favor to include the yuan in the IMF's basket of major reserve currencies, the No. 2 official at the International Monetary Fund said.
Toyota ends expansion freeze with new plants in Mexico, China
Toyota Motor Corp (7203.T) said on Wednesday it will build new factories in Mexico and China, ending a self-imposed expansion freeze and putting more pressure on its global rivals.
Amid Yemen chaos, China keeps oil shipments flowing
China has managed to export a large shipment of crude oil from Yemen over the weekend, ship-tracking data showed on Monday, despite mounting chaos in the country after the launch of Saudi-led air strikes last week.
More countries say to join China-backed AIIB investment bank
Russia, Australia and the Netherlands on Saturday became the latest three countries to say they plan to join the China-led Asian Infrastructure Investment Bank (AIIB), adding clout to an institution seen as enhancing China's regional and global influence.
China to let mutual funds buy Hong Kong shares via 'connector': regulator
China's securities regulator said on Friday it would let mainland mutual funds invest in Hong Kong shares via the Shanghai-Hong Kong Stock Connect.
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