yuan

Major Chinese property developer fails to make a coupon payment on a yuan bond for the first time

Country Garden Holdings Co, a significant property developer in China, has encountered a setback by failing to fulfill a coupon…

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Apple Inc. offers discounts of up to 500 yuan on its latest iPhones in China

Apple Inc. has taken an unusual step in China by offering discounts of up to 500 yuan ($70) on its…

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China to inject at least 1 trillion yuan into its urban village renovation and affordable housing programs

China is reportedly considering injecting a minimum of 1 trillion yuan ($137 billion) into its urban village renovation and affordable…

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China’s economy limps with power crisis and property woes.

China’s economy saw its slowest rate of growth in a year in the third quarter of this year, hampered by…

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