Anshun bridge reflecting in the Jinjiang river at dusk in Chengdu, Sichuan Province, China. © Philippe Lejeanvre | Moment Open | Getty Images Asia-Pacific markets mostly rose Friday as investors assessed China data and monitored escalating tensions between Israel and Iran. The People’s Bank of China expectedly kept its loan rates unchanged at 3.0% for…
Huge waiting lines are seen in front of jewelry retailer stores at Yu Garden in Shanghai, China, on May 17, 2025, as the city offers consumption vouchers to stimulate consumer spending. Nurphoto | Nurphoto | Getty Images China’s retail sales in May grew at their fastest rate since late 2023, data from National Bureau of…
Guangzhou-based Xpeng is one of several Chinese electric car companies that’s started to expand overseas. Feature China | Future Publishing | Getty Images Chinese electric-vehicle maker Xpeng saw its shares in Hong Kong surge over 10% Thursday following upbeat earnings and stronger-than-expected revenue forecast for the second quarter. Its shares soared as much as 10.2%…