search
China Daily
Trends
- 1
The People's Bank of China set its daily USD/CNY central parity rate at a firmer level, a move analysts read as the central bank tightening its management of the yuan and signalling it is uncomfortable with recent currency weakness. Markets watch the daily fix closely for clues on Beijing's stance, and a stronger setting can lift the renminbi, affect regional currencies, and shift sentiment across Asian equities and commodity trades.
- 2
Russian President Vladimir Putin has accused Ukraine of carrying out provocations that are escalating tensions, remarks reported by Chinese state media outlets China Daily and its global edition. The comments come as the war between Russia and Ukraine continues, with both sides trading blame over the deteriorating situation on the ground and stalled prospects for peace.
- 3
Commentary from China Daily argues that international cooperation is essential for accelerating the global transition to clean energy. The piece stresses that no country can manage the energy shift alone, and that coordinated policy, technology sharing and investment are needed to meet climate goals.
- 4PBOC expected to set yuan reference rate at 6.7085▼PBOC is expected to set the USD/CNY reference rate at 6.7085 – Reuters estimate
China's central bank is expected to fix the USD/CNY daily reference rate at 6.7085, according to a Reuters estimate. The PBOC sets the yuan's midpoint each trading day, and traders watch the fix closely for signals on official policy toward the currency and the wider economy. The expected level is being picked up by forex market observers ahead of the announcement.
- 5Former Chinese vice-minister of education under investigation▼Former vice-minister of education under investigation
A former vice-minister of education in China is under investigation, according to China Daily. No further details about the official's identity or the suspected wrongdoing have been released. The inquiry adds to a series of corruption probes targeting senior officials, a campaign observers say remains a defining feature of Chinese political life.
- 6China's Galbot G1 robots move from stage to real jobs●Chinese robots are moving from gala stage performances to real work. Galbot G1, which went viral for folding laundry dur
Galbot G1, the humanoid robot that drew attention for folding laundry during China's Spring Festival Gala, has moved into commercial service. Robots now run unmanned convenience pods at the Summer Palace in Beijing, serving more than 1,000 visitors a day, with the first overseas store planned. The shift marks Chinese robotics moving beyond entertainment showcases into practical retail work.
- 7Wildlife returns to restored Yani National Wetland Park in Xizang▼Yani National Wetland Park restoration brings back wildlife in Xizang
Restoration work at Yani National Wetland Park in Xizang has brought wildlife back to the area, according to a report by China Daily. The project is part of broader efforts to protect wetland habitats on the Tibetan plateau, and the return of animal species is being presented as evidence the ecological recovery is working.
- 8PBOC strengthens yuan fixing to 6.7399 against dollar▼PBOC sets USD/CNY reference rate at 6.7399 vs. 6.7489 previous
China's central bank set the yuan's daily reference rate at 6.7399 to the US dollar, a firmer fixing than the previous day's 6.7489. The daily fix from the People's Bank of China guides onshore trading and is closely watched by currency traders for signals on official policy toward the yuan.
- 9China's Mengxiang vessel hits milestones in South China Sea voyage▼China's Mengxiang vessel achieves milestones in South China Sea voyage
China's Mengxiang, the country's deep-sea drilling vessel, has achieved a series of milestones during its voyage in the South China Sea, according to China Daily. The achievements mark progress for the ship, which is designed to drill deeper into the ocean floor than any previous vessel. The development highlights China's growing capabilities in deep-sea exploration technology.
- 10
A landmark Chinese garden has been established in England, according to China Daily. The garden represents a notable cultural project bringing traditional Chinese landscape design to British soil, serving as a symbol of cultural exchange between China and the United Kingdom. Few further details about its location, scale or opening date are given in the available reporting.
- 11Public-interest prosecutions credited with protecting plateau environment▼Public-interest prosecutions help keep plateau pristine
Public-interest litigation and prosecutions are being credited with helping preserve the ecology of China's high plateau region, according to a China Daily report. The piece highlights how legal action against environmental violations has become a tool for safeguarding the fragile plateau landscape, framing prosecutorial work as a key part of the region's conservation efforts.
- 12Brazilian diplomat says art is bringing China and Brazil closer▼Brazilian diplomat: Art helps China and Brazil grow closer
A Brazilian diplomat says art is playing a key role in strengthening ties between Brazil and China, arguing that cultural exchange helps the two countries understand each other and build a closer relationship. The comments were published by China Daily's global edition, reflecting ongoing efforts by both governments to deepen cooperation beyond trade through culture and people-to-people links.