IMF approves inclusion of the renminbi in its SDR basket

The cross-border program allowed investors in Shanghai and Hong Kong to trade selected shares through linked exchanges. It was a major step in the internationalization of China’s capital markets,...

The state-backed Silk Road Fund was established in Beijing to finance infrastructure and investment connected to the Belt and Road Initiative. Its creation gave China a new instrument for overseas...

The State Council issued a plan to upgrade manufacturing and develop high-tech industries. The strategy expressed an ambition to move from assembly and low-cost production toward innovation and...

Presidents Xi Jinping and Barack Obama agreed that governments should not conduct or knowingly support cyber-enabled theft of intellectual property for commercial advantage. The agreement reflected...

The Communist Party announced that couples would be allowed to have two children. The shift responded to demographic pressures created by decades of population policy and altered the social...

Parties to the UN climate convention adopted the Paris Agreement, with China among the world’s largest emitters and a major participant in climate diplomacy. The agreement’s universal framework...

The AIIB’s Articles of Agreement entered into force, establishing the new multilateral lender. China’s central role reflected demands for greater representation in development finance and its capacity...

The AIIB formally opened for business with China as its largest shareholder and a broad multinational membership. Its creation expanded the institutional landscape of development finance and gave...

A tribunal under the UN Convention on the Law of the Sea ruled in the Philippines-China arbitration. China rejected the proceedings and award. The dispute highlighted conflicts between maritime law,...

The QUESS satellite, later named Micius, was launched to test quantum communications over long distances. The mission demonstrated advanced research capabilities and stimulated international...