(Corrects spelling of "Technologies" in penultimate paragraph) BEIJING/SHANGHAI, Feb 27 (Reuters) - China's central bank moved to rein in the fast-rising yuan on Friday, scrapping risk reserves requirements for forex forward contracts in a move that would encourage dollar buying as exporters start to feel the pinch from a stronger currency.

China has made representations to the United States against its unfair trade investigation looking into forced labour, saying the Trump administration has abused the

FILE PHOTO: U.S. President Donald Trump and Chinese President Xi Jinping talk as they leave after a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. REUTERS/Evelyn Hockstein/File Photo

Prices of China's ​new homes remained ‌in contraction in February, official data showed ​on Monday, ​indicating the troubled property ⁠sector is ​still far from ​recovery.

If you'd like to get in touch with the team, our email address is businessdaily@bbc.co.uk Presenter: Rahul Tandon Producer: David Cann Business Daily is the home of in-depth audio journalism devoted to the world of money and work.

China's Foreign Ministry criticized the Trump administration's trade investigation as a "pretext" for tariffs. Meanwhile, China is moving ahead with a five-year plan that may rankle trade partners.

In an era marked by President Donald Trump’s wars and trade turbulence, Chinese leader Xi Jinping is counting on a plan to shield his country from the storm and win its race with the US: driving innovation to transform China into a global tech superpower.

Shipping through the Strait of Hormuz has slowed to a crawl with most commercial traffic paralyzed, while a handful of Iranian-linked vessels continue to navigate the waterway despite escalating security risks.

By Ella Cao and Naveen Thukral BEIJING/SINGAPORE, March 13 (Reuters) - Tighter phytosanitary checks are hitting Brazilian soybean shipments to China, threatening to squeeze supplies to the world's top importer after authorities in the South American country stepped up inspections at Beijing's request.

Author Wynton Hall discusses the race for artificial intelligence dominance between the U.S. and China on ‘Sunday Morning Futures.’