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Rongsheng Group proposes restructuring 8 domestic corporate bonds with a combined outstanding balance of 84.84 billion yuan, featuring a 10-year extended maturity and asset-backed repayment provisions.
China Jinmao lists its Fuzhou project company shares and debt on the Beijing Property Exchange for 220 million yuan, representing a slice of its original 6.61 billion yuan coastal development land bank.
Six major developers including China Merchants Shekou, Yuexiu, Poly, and Greentown register for the high-profile Jiuxianqiao land auction in Beijing's Chaoyang District on July 28, 2026.
Outbound and Inbound Travel Both Surge as Mobility Normalizes China recorded a record 369 million cross-border trips in the first half of 2026, encompassing both outbound departures and inbound arrivals, according to data from the National Immigration Administration. This represents
Yuan Internationalization Reaches New Milestone The share of China's cross-border trade settled in renminbi reached a record 52.9 percent in the first half of 2026, according to data from the China Foreign Exchange Trade System (CFETS) and
Full-Year 2025 Revenue Reaches 21.97 Trillion Yuan China's general public budget revenue — comprising tax and non-tax income — reached 21.97 trillion yuan ($3.03 trillion) in 2025, growing 1.3 percent year on year, according to the
Yuan Trades in Narrow 6.77–6.79 Band Against Dollar The People's Bank of China (PBOC) continued to anchor the renminbi in a narrow range against the US dollar through July 2026, with the currency trading consistently
China's AI Champion Completes Record-Breaking Fundraising DeepSeek, the Hangzhou-based AI laboratory that has emerged as one of China's most prominent artificial intelligence companies, announced on June 16, 2026 the completion of its first-ever external fundraising round,
China's Top DRAM Maker Makes Explosive Market Entry ChangXin Memory Technologies (CXMT), China's leading producer of dynamic random-access memory (DRAM), made a spectacular debut on Shanghai's STAR Market on July 27, 2026, with shares
State Enterprises Deliver Solid Profit Gains State-holding industrial enterprises in China reported combined profits of 13.08 trillion yuan in the first half of 2026, a 17.9 percent increase year on year, according to data from the National Bureau