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Traditional banks usher in smart transformation by cutting branches and closing ATMs
Traditional banks have embarked on the path of smart transformation. The used-to-be-everywhere physical branches are slimming away, along with roadside ATMs. But such offline to online banking transformation encounter difficulties as well during the process.
October22,2020
London ranks first for offshore RMB FX transactions: SWIFT
More than one third of all offshore Chinese renminbi foreign exchange transactions are carried out in the United Kingdom, according to the SWIFT renminbi tracker.
April27,2017
Economic Watch: China FX reserves wane on strong dollar, diversification
The fourth consecutive monthly decline in China's foreign exchange reserves is not as worrisome as it appears, as a stronger dollar accounts for much of the change, with Chinese companies and households embracing a longer list of investment channels overs
November09,2016
RMB to remain largely stable in H2 despite FX reserve decline: CICC
The exchange rate of the renminbi (RMB), or Chinese yuan, will remain largely stable in the second half of 2016, despite the widening foreign exchange (FX) reserve decline, a report said Thursday.
September08,2016
Chinese carmaker Chery launches new hybrid car in Israel
Chinese automaker Chery launched a new hybrid electric vehicle (HEV) in Israel on Tuesday, its Israeli dealership Freesbe said in a statement.
September10,2025
Chinese automaker Chery launches new hybrid car in Israel
Chinese carmaker Chery began selling a new plug-in hybrid electric vehicle (PHEV) in Israel on Sunday, its official Israeli dealership Freesbe announced in a statement.
February05,2025
Chinese carmaker Chery launches new model in Israel
Chinese carmaker Chery launched a new model of hybrid electric SUV in Israel on Wednesday, as announced in a statement by its official Israeli dealership, Freesbe.
July24,2025
Chinese brands lead Israel's electric car sales in Jan.-Oct.
The share of Chinese brands reached 82.1 percent of all electric car sales in Israel in the first ten months of 2025, according to figures issued by the Israel Vehicle Importers Association on Sunday.
November03,2025
Chinese model tops electric car sales in Israel in H1
The Xpeng G6, a mid-size electric crossover SUV manufactured by China's Xpeng Motor, topped electric car sales in Israel in the first half of 2025 (H1), according to figures released by the Israel Vehicle Importers Association on Wednesday.
July03,2025
Foreign visitors experience China's improved mobile payment environment over Spring Festival
Foreign visitors in China experienced a smoother, more convenient travel environment during this year's Spring Festival, thanks to improvements to the country's mobile payment systems.
February07,2025
Across China: China rides new wave of inbound cruise tourism as visa-free travel gains steam
China's coastal cities are witnessing a renewed wave of international cruise tourism, fueled by relaxed visa policies and improved accessibility for foreign travelers.
April17,2025
China rides new wave of inbound cruise tourism as visa-free travel gains steam
China's coastal cities are witnessing a renewed wave of international cruise tourism, fueled by relaxed visa policies and improved accessibility for foreign travelers.
April18,2025
Beijing airports enhance payment facilities for foreigners
Beijing Capital International Airport and Beijing Daxing International Airport have created a more convenient payment experience for foreign visitors.
February06,2024
Chinese automaker Chery launches sales of 1st EV model in Israel
The Chinese automaker Chery on Sunday began the sales of its first electric vehicle (EV) model in Israel, as announced by its official Israeli dealership Freesbe.
January22,2024
Payment service center for international travelers opens at Kunming airport in SW China
A payment service center was initiated at Changshui International Airport in Kunming on Wednesday, offering immediate assistance to overseas visitors as soon as they step off the plane. Kunming is a highly popular tourist destination in southwest China's Yunnan Province.
April11,2024
Interview: Deutsche Bank upbeat about enhancing cooperation with Chinese firms, says executive
As Chinese enterprises increasingly expand into global markets, this trend is playing a key role in promoting the internationalization of the RMB and creating new cooperation opportunities, according to a senior executive at Deutsche Bank.
October18,2024
China Focus: China's new materials forge ahead with innovation, application
Limestone, ubiquitous in the Earth's crust, has been transformed into an innovative nanomaterial at facilities in north China to support a diverse array of industries with lower carbon emissions.
July31,2024
Chinese yuan strengthens in August
Chinese yuan strengthened against a basket of currencies in August, according to the China Foreign Exchange Trade System (CFETS).
September07,2023
Chinese tourists' spending in Singapore on UnionPay jumps almost 3 times during Chinese Lunar New Year holiday
During the 2023 Chinese Lunar New Year period from Jan. 21 to Jan. 30, UnionPay purchase volumes from Chinese tourists in Singapore jumped close to three times compared to the same period in 2022, a company statement said on Monday.
February07,2023
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