China didn’t finance any coal projects via its Belt and Road Initiative in the first half, the first time that’s happened since the plan was launched in 2013, the International Institute of Green …
Monthly Archives For July 2021
Coronavirus: Nanjing cluster jumps to highest daily infections in China in months
The Nanjing cluster – now at 106 cases – is the second most serious outbreak in China since February, with most cases Delta variant infections.
Inside Beijing’s regulatory crackdown
CNBC’s Eunice Yoon reports on the latest China news.
Press groups raise alarm over threats to foreign media in China
Reporters from international outlets have suffered worsening intimidation while covering Henan floods …
Tencent, Alibaba, Meituan stocks continue to plunge as China expands its crackdown
Chinese tech stocks keep getting slammed with a stunningly massive sell-off that has wiped out hundreds of billions of dollars in market value as investors continue to digest Beijing’s widening …
Binance CEO seeks replacement, Huobi dissolves its company in China: Blockheads
Binance CEO Changpeng Zhao is looking for a person with a regulatory background to replace him. Huobi is dissolving its company in China.
Powerbridge Technologies to Build a Supply Chain Management SaaS Platform Based on Blockchain Technology
Powerbridge Technologies Co., Ltd. (Nasdaq:PBTS) (“Powerbridge” or the “Company”), an innovative technology services provider, revealed that the Company is currently building a Blockchain enabled …
Beijing Cracks the Regulatory Whip
Today we look at China’s regulatory crackdown, growing inequality in the world’s second-biggest economy and the best way to cut government debt. Beijing Bombshells. Sho …
Even as Beijing’s grip tightens, Hong Kong maintains status as finance hub
China’s overhaul of Hong Kong’s political institutions has crushed the pro-democracy movement, and fueled warnings of an end to the city’s status as an international financial hub. Yet more than a …
Huobi Shuts Down Beijing Entity Amid Crypto Crackdown
Chinese crypto exchange Huobi is the latest crypto exchange to make changes to its corporate structure in China. Huobi dissolved an entity called Beijing Huobi Tianxia Network Technology Co., Ltd. on …
Explainer-How China Evergrande’s debt woes pose a systemic risk
The financial troubles of China’s most indebted property developer, China Evergrande Group, have raised fresh concerns about credit defaults in the country’s highly-leveraged real estate sector and …
China’s state media moves to reassure rattled investors after rout wiped US$574 billion off stock market
China’s state media are on a mission to talk up the battered stock market and reassure rattled investors after a rout on Monday that erased more than US$570 billion from Chinese stocks listed at home…
Lego Masters builds brand in China
Chinese broadcaster Shenzhen TV has commissioned a local version of competition reality format Lego Masters. Originally created by the UK’s Tuesday’s Child Television and the Lego Group, Lego Masters …