Binance announces the closure of RMB markets, other exchanges react differently, and social media influencers express their skepticism.
Monthly Archives For October 2021
Honda reveals five EVs under new brand e:N, but only for China
Honda has introduced a new all-electric vehicle brand named “e:N”, and five new electric vehicles that will lead its plan to add 10 new EV models by 2026, including two production-ready electric SUVs …
LinkedIn to Shut Down Service in China, Citing ‘Challenging’ Environment
The business social network tried to be a model to other companies for how to operate in China but ultimately failed.
LinkedIn is shutting down its China platform because of a ‘challenging operating environment’
Many other Western social networks, including Facebook and Twitter, are blocked by the Chinese government’s massive censorship apparatus known as the Great Firewall.
China warns against ‘manipulation’ of WHO COVID-19 origin probe
A day after the World Health Organization (WHO) announced a launch of an expert group to study the origins of COVID-19, China on Thursday warned against political manipulation of the fresh …
China announces its first national parks
China has just revealed its first-ever group of national parks, all of which focus on preservation of specific animals native to the country — including, yes, pandas.
China Is Forcing Fashion to Mute Itself Over Dirty Cotton
When a fashion industry sustainability group called out China over its treatment of Uyghur Muslims, the idea was to nudge Beijing toward human-rights reforms while cleaning up a troubled corner of the …
China to remain fertile ground for foreign investment: premier
Premier Li Keqiang said on Thursday that China will continue to foster a market-oriented, world-class business environment governed by a sound legal framework to see that the country remains a fertile …
Here’s how much 10 big banks have cut their China growth forecasts
Major investment banks cut their predictions for China’s 2021 GDP, warning that power cuts and a slump in the property market may drag down growth.
China’s Regulatory Crackdown: A Cautionary Tale for Investors
China’s recent regulatory crackdown has targeted specific sectors. Savvy investors should plot a more diversified approach that avoids sector and stock concentrations.
Risk of conflict between China and US ‘at almost 50pc’
While lots of people talk about the risk of war without actually understanding the odds, new research sheds light on the probability of major power conflict.
Futu and UP Fintech to Face Regulatory Risks in China, Official Media Says
Futu Holding and UP Fintech Holding, two Chinese online brokerages, are set to face regulatory risks due to forthcoming China’s personal data privacy law.
China and the U.S. Sabotage Their Own Tech Companies
Xi Jinping and Joe Biden wage their version of Maoist rectification drives against successful firms.