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United Kingdom

Winni Zhou

In China, fears of financial Iron Curtain as U.S. tensions rise

13 Aug 2020

SHANGHAI/BEIJING A sharp escalation in tensions with the United States has stoked fears in China of a deepening financial war that could result in it being shut out of the global dollar system - a devastating prospect once considered far-fetched but now not impossible.

China's western city Urumqi enters 'wartime mode' after reporting 16 coronavirus cases

18 Jul 2020

SHANGHAI Urumqi, the capital of China's far western region of Xinjiang, has gone into "wartime mode" and launched an emergency response plan after the city reported 16 new coronavirus cases on Friday.

China pledges continued economic support but warns of liquidity hangover

18 Jun 2020

SHANGHAI China will maintain ample financial system liquidity in the second half of the year as the economy recovers from the coronavirus but will need to consider withdrawing that support at some point, its central bank governor warned on Thursday.

Spike in China bond yields points to shift in stimulus strategy

12 Jun 2020

SHANGHAI/SINGAPORE, June 12 A spike in Chinese bond yields in an economy battered by the coronavirus pandemic is stirring expectations authorities want to stifle risky financial bets and guide cheap funding provided by banks into the real economy.

In post-lockdown China, student mental health in focus amid reported jump in suicides

11 Jun 2020

SHANGHAI Some Chinese students returning to school after lockdown are grappling with familial conflict while others are stressing over how coronavirus disruptions have affected their academic performance, teachers and school counsellors say.

Gloomy yuan forecasts point to gathering risks

05 Jun 2020

SHANGHAI/SINGAPORE, June 5 Global banks are turning bearish on China's yuan and expect it could breach record lows in coming weeks, posing a threat to the optimism that has lately pushed world financial markets higher.

Dancing with disinfectant: China's nightclubs back in the groove

25 May 2020

SHANGHAI Nightclubs in China have mostly come back to life as owners and customers feel increasingly comfortable the novel coronavirus epidemic is under control, but disinfectant, disposable cups and masks have become part of the experience.

China cuts key rate for second time this year, more easing likely

20 Apr 2020

SHANGHAI China cut its benchmark lending rate as expected on Monday to reduce borrowing costs for companies and prop up the coronavirus-hit economy, after it contracted for the first time in decades. | Video

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