Particularly troubling are reports of slave labor and genocide in the Xinjiang region of Western China. In response, the Biden administration has now banned imports of polysilicon from Xinjiang. This …
Monthly Archives For June 2021
Huobi bans crypto derivatives trading for users in China
Crypto exchange platform Huobi has updated its user agreement document, banning crypto derivatives trading for customers in China. According to the updated user agreement section of the Huobi Global …
Tesla to Recall Over 285,000 Cars in China on Autopilot Issues
The decision was made after the country’s market regulator conducted an investigation related to product defects …
China’s Lufax Teams Up With Schroders As Part Of Push Into Wealth Management In Singapore
Lu International (Singapore), a subsidiary of China financial services platform Lufax Holding, has set up a strategic partnership with Schroders Singapore, a subsidiary of global asset management firm …
China, EU Set to Agree Green Finance Definitions by Year-End, Officials Say
China and the EU are expected to finalize common classification standards for green projects by the end of this year, which can help attract overseas investors who are eying China’s relatively high …
US-China relations: American efforts to reshore supply chains blasted as ‘empty talk’ by former minister
Wei Jianguo, a former vice commerce minister, says the US will become increasingly dependent on China in economic and trade terms in the next five years.
China’s net gold imports via Hong Kong slump nearly 59% in May
China’s net gold imports via Hong Kong more than halved in May from the previous month, when they touched the highest level in nearly three years, as demand for the precious metal faltered amid fresh…
China’s actual cotton imports irrelevant to US ban on Xinjiang cotton
Just as the Biden administration is expanding its attacks on China from cotton to other products in Northwest China’s Xinjiang Uygur Autonomous Region, foreign media recently reported that the …
China’s Didi raises $4 billion in New York IPO
MARKET PULSE Didi Global, the Chinese ride-hailing company, is raising $4 billion this week on the New York Stock Exchange an initial public offering that would give the company a …
China Mobile deploys 5G massive MIMO at Chengdu airport
China Mobile Chengdu has brought Huawei’s 5G distributed Massive MIMO service to Chengdu Tianfu International Airport to build a Gigabit 5G airport in China. According to Huawei, field tests showed …
Crypto investment products’ trading volumes plunge after China’s crackdown
CryptoCompare data shows the price of Bitcoin (BTC) moved within the $30,000 to $35,000 range throughout the week.
Didi’s $4 bln IPO order books to close Monday – sources
Didi Global Inc (DIDI.N) will close the investors order book for its U.S. IPO to raise up to $4 billion one day early on Monday, according to two sources with direct knowledge of the matter.
Europe’s Delta Woes, Didi IPO, Binance – What’s Moving Markets
The delta variant of the coronavirus looks set to disrupt the European holiday season. Didi is set to close its IPO books, France’s President Macron receives a setback in regional elections, while the …
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