Neil Wilson of Markets.com said: “China has for some time been putting pressure on the crypto space, but this marks an intensification – other countries might follow now as centra …
Monthly Archives For May 2021
Property, energy stocks pull China shares lower; Shanghai Composite slips 0.5% at close
At the close, the Shanghai Composite index was down 0.51 per cent at 3,510.96, while the blue-chip CSI300 index was down 0.3 per cent. …
Property, energy stocks pull China shares lower; digital currency firms drop on new ban
China shares ended lower on Wednesday after three straight sessions of gains, dragged down by property and energy firms, while digital currency-related stocks fell after Beijing banned financial and …
China authorities evacuate, investigate shaking skyscraper
Authorities in the southern Chinese tech center of Shenzhen have evacuated a 70-story skyscraper after it began swaying and are investigating the cause …
Intl Finance Forum 2021 spring meetings set for Beijing May 29-30
The spring meetings of International Finance Forum 2021 will be held from May 29 to 30 in Beijing, and will involve discussion topics of common development, sustainable finance, climate change and …
Bitcoin tumbles below $40,000 after China issues crypto warning
The warning from China’s central bank was posted on its WeChat account, according to analysts and media reports.
Over 435 mln doses of COVID-19 vaccines administered in China
More than 435 million doses of COVID-19 vaccines have been administered in China as of Tuesday, the National Health Commission said on Wednesday. Recent reports of new locally transmitted COVID-19 …
Expert: China expected to achieve herd immunity by end of year
China is likely to realize herd immunity by the end of 2021 with a world-leading inoculation speed, Shao Yiming, chief expert at the Chinese Center for Disease Control and Prevention and member of …
Soaring metal prices spell trouble for China’s recovery
China and the United States are in a race for scarce commodities to rebuild their economies after the pandemic. That’s pushing prices through the roof — and is now threatening to throw Beijing’s …
Bitcoin price falls on China crypto warning
Bitcoin’s price fell more than 10% early Wednesday after the China Banking Association warned members of risks associated with digital currencies. The crypotocurrency fell to below 39,000, per Bitcoin …
Did China Ban Crypto? Crackdown Explained As Bitcoin and Other Cryptocurrencies Crash
Beijing has taken another step in restricting the use of cryptocurrency in China, causing a market-wide price plunge.
Bitcoin Tests Support At $40,000 As China Bans Financial Firms From Crypto Business
Bitcoin and other cryptocurrencies found themselves under pressure after China decided to ban financial firms from providing services to crypto business. In addition, China warned investors and …
China to Launch $4.9 Billion of REIT Products in Pilot Scheme
China has approved the country’s first batch of public real estate investment trusts, giving local governments another tool to finance infrastructure projects.
