CHINA TOPIX

08/21/2025 04:43:34 am

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Goldman Sachs warned that the yuan may be headed for recording its steepest decline in more than 20 years.

Goldman Sachs Issues Warning on China’s Mounting Currency Outflow

According to a research report released by Goldman Sachs, the People's Bank of China (PBOC) liquidated $1.1 trillion worth of foreign currency reserves since August previous year. This amount more than doubles the $540 billion figure reported by the PBOC for the period between August 2015 and November 2016.

Dmitry Peskov

Russia-US Communication Nearly Frozen: Spokesman

Russian media is reporting that nearly all communication channels between Kremlin and the United States are frozen.

The quota has been extended under China’s Renminbi Qualified Foreign Institutional Investor (RQFII) scheme.

China Offers $7.2B Investment Quota to Ireland

China has granted a 50 billion yuan ($7.2 billion) investment quota to Ireland, which has been extended under China's Renminbi Qualified Foreign Institutional Investor (RQFII) scheme. The announcement was made by the People's Bank of China on Wednesday.

Japan deleted a pregnancy clause on its Syrian refugee program.

Japan Rescinds Pregnancy Clause for Its Syrian Refugee Program

A language in a Japanese program that implied that pregnant refugee women from war-torn Syria will not be accepted into the country has been deleted.

Carmelo Anthony

Carmelo Anthony Leads Knicks in Win Against Pacers

Carmelo Anthony delivered one of his best performances yet this season in the game against the Indiana Pacers. Anthony rallied the New York Knicks for a 118-111 win at the Madison Square Garden on Tuesday.

An estimated 15,000 people from Myanmar are crossing China's border to seek refuge over the ongoing ethnic violence.

At Least 15,000 People Flee Myanmar into China as Ethnic Violence Continues: UN

The United Nations said that an estimated 15,000 people have crossed the border from Myanmar to China in the past month after fighting between government troops and armed ethnic groups intensified.

San Antonio Spurs

Spurs’ Late Rally Snaps Rockets’ Winning Streak

With less than four minutes and 30 seconds left on the clock, the San Antonio Spurs is trailing the Houston Rockets with 13 points. Despite this almost insurmountable hurdle, the Spurs kept on attacking and their resilience eventually paid off with a win, 102-100.

The Holy See assured China's Catholic community not to worry as their needs will be addressed.

Vatican Tells Chinese Catholic Community Not to Worry

The Catholic community has been reassured by The Holy See that its needs are well represented and will be catered amidst the ongoing Sino-Vatican dialogue between Beijing and the Holy See, according to a statement released by the Vatican on Tuesday.

Japan Prime Minister Shinzo Abe

Japan to Strengthen Its Coast Guard Amid East China Sea Dispute

Japanese Prime Minister Shinzo Abe said that the country is stepping up its efforts to strengthen its coast guard after failing to resolve its feud with China over a group of East China Sea islets.

Stephen Curry

Warriors Win in Blowout Fashion Against Jazz

While a handful of initial analyses of the recent Golden State Warriors and Utah Jazz game claimed that it will be a tough match, the Warriors showed why they are one of the best teams in the league after the blowout win, 104-74.

Philippine president Rodrigo Duterte

Philippines to Receive $14M Worth of Firearms, $500M Soft Loan from China

As a sign of thawing relations between the two previous rivals, the Philippines is set to accept $14 million worth of firearms from China. This is in addition to the $500 million long-term soft loan for other equipment that the mainland offered.

At least four people died and several others injured after a minivan ploughed into a Chinese farmer market in Changping District on Wednesday.

Minivan Ploughs into Chinese Farmer Market, Kills 4 People

Four people have been confirmed dead and dozens injured after a minivan plunged its way into an agricultural market in Changping District, Beijing, on Wednesday at 3:00 p.m. (07:00H GMT), local police offials revealed.

Red Variant of OPPO R9s Smartphone Launched in China for $403

Red Variant of OPPO R9s Smartphone Launched in China for $403

OPPO officially launched its latest Red color variant of the OPPO R9s smartphone in China for the price of $403 (2,799 yuan). The new color variant of the device will go on sale in the country starting Dec. 24.

jason thompson

Chinese Basketball Association: Shandong Golden Stars Versus Bayi Rockets Round 20 Preview

Shandong Golden Stars will be facing the lowly team of Bayi Rockets in the battle of the struggling teams in the upcoming 20th round of the 22nd season of the Chinese Basketball Association on Friday night.

Vivo X9 Plus Smartphone to be Launched in China This Coming Dec. 26

Vivo X9 Plus Smartphone to be Launched in China This Coming Dec. 26

Chinese smartphone manufacturer Vivo has announced that its newest device - the Vivo X9 Plus smartphone - will soon be available in China. The device is set to be unveiled this coming Dec. 26 for the price of 3,498 Yuan (approximately $503.22/Rs. 34,157.23).

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