The People's Bank of China, the country's central bank, announced on Thursday that it will conduct a 500-billion-yuan (about 73.3 billion U.S. dollars) outright reverse repo operation on Friday to maintain ample liquidity in the banking system.

A growing number of European enterprises are opting to deepen their presence in China and expand local operations here, which in itself stands as the most powerful rebuttal to the so-called "de-risking" narrative, Chinese Foreign Ministry spokesperson Mao Ning said on Thursday, responding to a quest

The New York Stock Exchange closing bell rang as markets watched SpaceX's planned record initial public offering. The Elon Musk-led rocket and satellite company is seeking a valuation of around $1.76 trillion, with plans to sell 555,555,555 shares at an initial price of $135 each. If completed, the IPO could raise about $75 billion, potentially shattering the record set by Saudi Aramco in 2019.

"We should have brought more empty suitcases," Gloria Guevara, World Travel & Tourism Council (WTTC) president and CEO, told the Global Times on Wednesday, recalling a recent family trip to China that ended with extra baggage fees after extensive shopping.During a 10-day visit last year, Guevara

China's industrial subsidy policy is strictly within World Trade Organization (WTO) rules, Chinese foreign ministry spokesperson Mao Ning said on Wednesday. Mao made the remarks at a daily press briefing when asked to comment on a report released by the Organization for Economic Co-operation and

The 29th St. Petersburg International Economic Forum (SPIEF) opened here on Wednesday, bringing together about 20,000 representatives from political, business and academic circles from more than 100 countries and territories.