Chinese currency gaining traction in global markets
Offshore renminbi bond issuances more than doubled last year while panda bond issuances surged, highlighting the steady progress made by the Chinese currency in gaining traction in global markets, official data showed on Tuesday. The People’s Bank…
Read More
Special attention needed to ensure AI safety, US professor says
US computer science professor Stuart Russell talks to the media at the 2025 Asia Financial Forum (AFF) in Hong Kong on Tuesday. MIKE GU / CHINA DAILY Stuart Russell, a distinguished professor of computer science at the University of California, Berkeley,…
Read More
Adjustments to monetary policies eyed
Market stability, liquidity management emphasized to achieve growth targets China will adjust the intensity and pace of monetary policies at the right time to support the achievement of annual economic targets, officials said on Tuesday, reaffirming the…
Read More
Fed impact on A shares not seen as heavy
China to keep to own approach by adopting relaxed monetary policy China’s macroeconomic policies will remain tailored to its own economic needs, though the recent US Fed rate hike could marginally constrain space for monetary easing, experts said.…
Read More
China urges EU to revise rules of procurement
Beijing expresses grave concern, calls on Brussels to keep its market open China has expressed grave concern over the European Commission’s proposed Public Procurement Act, the Ministry of Commerce said on Thursday, in the wake of the group’s…
Read More
‘Landmark’ free trade deal with ASEAN fosters enduring common prosperity: China Daily editorial
The China-ASEAN Free Trade Area is one of the largest free trade zones in the world, covering a population of more than 2 billion and a combined GDP of over $22 trillion. Since its establishment in 2010, the CAFTA has greatly facilitated trade and…
Read More
Residents to Shift from Thai Baht to Riel or US Dollar to Safeguard Against Potential Risks
Phnom Penh, October 6, 2025 — Samdech Akka Moha Sena Padei Techo Hun Sen, President of the Cambodian Senate, today issued a public message calling on Cambodian people, particularly those living along the border with Thailand, to urgently exchange Thai…
Read More
Prime Minister Hun Manet Urges UN Secretary-General to Encourage Thailand to Pursue Peaceful Border Resolution
Tianjin, China – September 1, 2025 – Samdech Moha Borvor Thipadei Hun Manet, Prime Minister of the Kingdom of Cambodia, has called on United Nations Secretary-General António Guterres to encourage Thailand to avoid the use of military force in addressing…
Read More
Can Cambodia secure tariff-free US market access amid MFN+0% hurdle?
Even as the United States prepares to wrap up its final assessment for another round of tariffs in a few months, Cambodia awaits further concessions with bated breath to lock in Most-Favoured-Nation status with zero additional duty — MFN+0. In simple…
Read More
Cambodia, US–ASEAN Business Council Discuss Tourism Cooperation
Huot Hak, Minister of Tourism, held a pull-aside meeting with Herminio Bagro III, Chief Country Representative of the U.S.–ASEAN Business Council (US-ABC) in the Philippines, along with representatives from Expedia Group, Marriott International, Airbnb,…
Read More
Grounded growth: What’s blocking Cambodia’s tourism recovery?
Cambodia’s tourism sector is at the crossroads. For a little over one and a half years, there has been a steady downturn in tourist arrivals. The latest report from the Ministry of Tourism presents a staggering decline of 47.9 percent to 1.75 million in…
Read More
UNCLOS talks pave way for maritime settlement, but compromise remains elusive
Synopsis: First conciliation meeting between Cambodia and Thailand establishes a framework for dialogue, but legal differences and political tensions may prolong proceedings. The first UNCLOS conciliation meeting has created an opening for Cambodia and…
Read More
Third Round of 2027 Minimum Wage Talks Ends Without Agreement, Talks Resume Sept 28
The third round of negotiations on Cambodia’s minimum wage for 2027 ended on Friday with worker representatives maintaining proposed increases of $15.3 and $40.6, while employer representatives maintained the current $210 monthly wage, Minister of Labour…
Read More
42 Chinese companies plan to explore investment opportunities in Kampong Speu
More than 42 Chinese companies from various industries have expressed interest in investing in Kampong Speu province, with plans to explore investment opportunities and potentially establish or expand operations in the province, according to Kampong Speu…
Read More
California Gov. Newsom issues executive order to rein in AI ‘before it’s too late’
California Gov. Gavin Newsom on Friday issued an executive order aimed at addressing the potential dangers related to artificial intelligence. Newsom is part of a group of 2028 Democratic presidential hopefuls who have urged a more aggressive regulatory…
Read More
GM touts new V-8 engines in revived ‘truck wars’ with Ford, Ram amid lackluster EV sales
DETROIT — The buzzing of all-electric vehicles has once again been overtaken by the revving of V-8 engines in the Motor City amid deregulation by the Trump administration and lackluster demand for EVs. General Motors followed Ford Motor this week in…
Read More