Standard Bank has become the first African bank to directly integrate with China’s Cross-Border Interbank Payment System (CIPS), providing African companies with a faster route to pay Chinese suppliers in Renminbi, rather than routing transactions through the US dollar. The integration removes an extra step long embedded in Africa-China trade flows, where companies typically settled…
US President Donald Trump and China’s President Xi Jinping have met for talks in South Korea, their first meeting since 2019. Topics of discussion included the drug fentanyl and rare earths, according to Trump, while China says the meeting saw the leaders reach a consensus to resolve “major trade issues”. The BBC’s Laura Bicker explains…
President Donald Trump headed for Asia for the first time this term, a trip on which where he’s expected to work on investment deals and peace efforts before meeting face-to-face with Chinese President Xi Jinping to try to de-escalate a trade war. “We have a lot to talk about with President Xi, and he has a lot to…
Investors talk at a stock exchange hall on February 3, 2017 in Hangzhou, Zhejiang Province of China. VCG | Getty Images China’s stock market has seen a sharp rally this year as progress on artificial-intelligence, steps aimed at gaining chip self-sufficiency and Beijing’s campaign to rein in price wars fuel investor optimism. But as retail…
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and…
China’s President Xi Jinping and his visiting Russian counterpart Vladimir Putin discussed life-prolonging organ transplants and immortality as they chatted before a massive military parade in Beijing on Wednesday, in comments picked up by state media microphones. Historic images showed Xi shaking hands and speaking with Putin and North Korean leader Kim Jong Un as…
China’s full military might was on display in Beijing’s Tiananmen Square where thousands of troops marched in parade. Published On 3 Sep 20253 Sep 2025 China flexed its military muscle at a huge military parade in Beijing to mark 80 years since the end of World War II, displaying its latest generation of stealth fighters,…
More than two dozen foreign heads of state and government are set to attend a military parade in Beijing on Sept. 3, 2025, commemorating the 80th anniversary of the end of World War II. Lintao Zhang | Getty Images News | Getty Images BEIJING — Chinese President Xi Jinping said Wednesday that the world was…
Summit in China shoulders mission of building consensus among parties and stimulating momentum in cooperation, Xi says. Published On 31 Aug 202531 Aug 2025 The Shanghai Cooperation Organisation (SCO) security forum now bears “greater responsibility” for safeguarding regional peace and stability, Chinese President Xi Jinping has told about 20 world leaders he hosted for a…
Ties between the two nuclear-armed Asian powers have made ‘steady progress’, India’s PM Modi says. Indian Prime Minister Narendra Modi has met China’s top diplomat Wang Yi and hailed the “steady progress” made in improving the bilateral relationship after a years-long standoff between the nuclear-armed Asian powers and as the two nations navigate a shifting…
