China’s central bank warned domestic bitcoin exchanges that they risk being shut down in the virtual currency’s largest market if found to be skirting rules on foreign exchange and money laundering. The People’s Bank of…
Monthly Archives For February 2017
China c.bank says warned bitcoin exchanges of closure risk on rule violations
SHANGHAI: China’s central bank said on Thursday it met with nine smaller local bitcoin exchanges to discuss risks and problems in the bitcoin market, and warned them that they risk closure should they seriously violate…
China’s nuclear missile policy put under strain by US plan
M.Taylor Fravel, Associate Professor of Political Science in the Security Studies Program at the Massachusetts Institute of Technology, agreed that China is extremely sensitive to U.S. capabilities and will be watching the Trump administration’s next…
Chinese bitcoin exchanges say to strengthen scrutiny of customers
Their move comes after China’s central bank said it called nine of the country’s smaller bitcoin exchanges in to a Wednesday meeting to discuss risks in the bitcoin market, and warned them that they risk…
Energy Transition Increases Need for US Technology
Based on an advantage in technology and service quality, some foreign companies have successfully sold and scaled their products in China. State Grid, a Chinese state-owned enterprise and the largest utility company in the world,…
Trump breaks ice with China’s Xi in letter seeking ‘constructive’ ties
“President Trump stated that he looks forward to working with President Xi to develop a constructive relationship that benefits both the United States and China,” it said. China said on Thursday it attached great importance…
Latest type of biological therapy, monoclonal antibodies, tipped as having huge potential in China
Deutsche Bank analysts expect to see substantial growth opportunities in China’s monoclonal antibodies (mAbs) market in the coming five years, naming 3SBio and Shanghai Fosun Pharmaceutical as among the first-movers in the sector. Monoclonal antibodies…
Barrick sale of Super Pit stake to China buyer stalls: sources
Barrick Gold Corp.’s plan to sell its stake in the Kalgoorlie Super Pit mine to a Chinese bidder has stalled, as the buyer faces delays securing financing for the $1.3-billion deal, people with knowledge of…
China to further reduce business charges
China’s State Council on Wednesday decided to further reduce and standardize business charges to lower the corporate burden in the real economy. [File photo/Xinhua] China’s State Council on Wednesday decided to further reduce and standardize…
China to further reduce business charges to lessen corporate burden
China’s State Council on Wednesday decided to further reduce and standardize business charges to lower the corporate burden in the real economy. The move is a key part of the drive to streamline administration and…
China's service trade deficit growth slows in 2016
BEIJING – China’s service trade deficit grew more slowly in 2016, as more Chinese people traveled overseas. The service trade deficit stood at $242 billion at the end of 2016, up 33 percent year on…
Open Sesame: China Announces Further Opening of the Economy
Operational throughout China, ASEAN and India, our mission is to guide foreign companies through Asia’s complex regulatory environment and assist them with all aspects of establishing, maintaining and growing their business operations in the region.…
China's changing debt risks drive up bond futures volumes
SHANGHAI: Trading volumes in China’s typically sleepy bond futures market have exploded in recent months as investors seek to hedge the growing risks of rising interest rates and a volatile debt sector. Turnover of five-…
