Brazil is preparing to issue panda bonds—yuan-denominated debt sold in mainland China—marking a major milestone for the yuan’s internationalization and Brasília’s push to diversify funding away from the dollar.
After a six-year property downturn, expectations are growing in major Chinese cities like Shanghai that home prices are bottoming out, with buyers aggressively hunting for bargains amid policy easing and a surge in transactions.
Hong Kong launched a two-month public consultation on its first-ever five-year plan, a politically symbolic move that aligns the city’s development with Beijing’s Greater Bay Area blueprint.
The State Council Information Office released the document, titled "More Just and Equitable Global Governance: China's Principles, Proposals and Actions," on June 17, urging international cooperation to reform global governance.
Between 2021 and 2025, Chinese universities revoked or suspended 12,200 undergraduate programs while adding 10,200 new ones, a net reduction of 2,000 programs.