Afghanistan is reaching out to Iran and China for help as its Taliban-controlled power company faces an ongoing crisis of billing and crippling debt.
Monthly Archives For December 2021
Global financial meltdown fears as China’s central bank takes action on spiralling debt
CHINA’s central bank has announced a cut in the amounts of cash banks have to hold in reserve in an attempt to boost the economy as the country faces a mounting debt crisis.
China boosts slowing economy, Trump media company raises $1B, Spotify removes some comedians’ work
Yahoo Finance Live hosts break down Lucid’s shares dropping after the SEC subpoenas the EV manufacturer regarding its shell company merger. For the past 12 years, investing in growth stocks has been a …
China GDP to Slow, Will Become Inflation Exporter, Money Managers Say
China, widely seen as an exporter of disinflation for the past two decades, is likely to drive higher inflation in coming years, the chief investment officer of Neuberger Berman said on Monday. “The …
How blockchain can transform government sector: E-government, voting, e-identities and e-documents
How can blockchain technology transform the government sector? Blockchains can streamline processes, eradicate fraud and build trust and accountability.
BOTS, Inc. Partners With China’s First NFT Museum at The Hainan Wenchang Aerospace International Film and Television Center
BOTS, Inc. Partners With China’s First NFT Museum at The Hainan Wenchang Aerospace International Film and Television Center …
Crypto exchange Huobi Global to exit Chinese mainland by year end
Chinese cryptocurrency exchange Huobi Global announced to cease all transactions of existing mainland users by the end of 2021, following the move of not taking new customers since September.
Why China Could Revolutionize Global Tobacco Harm Reduction
The world’s biggest country has just moved to regulate vapes. Will it truly embrace THR? It’s in a position to stand up to the WHO.
China’s SenseTime Aims to Raise Up to $767 Million in IPO
The seven-year-old company earlier aimed to raise up to $2 billion in its IPO, according to people familiar with the matter. Its scaled-back offering is backed by nine so-called cornerstone investors, …
Shenzhen Euroway (SmartAVLink) Releases the World First 20 meters HDMI 2.1 UHS Active Optical Cable and Achieves the GRL Certificate
SmartAVLink (Shenzhen City Euroway Technology Co, Ltd), a world-leading AOC manufacturer, and Granite River Labs (GRL), a global leader in engineering services and test solutions for connectivity and …
China threatens ‘firm countermeasures’ if US proceeds with diplomatic boycott of Beijing Olympics
China on Monday threatened to take “firm countermeasures” if the U.S. proceeds with a diplomatic boycott of February’s Beijing Winter Olympic Games.
China’s central bank announces reserve requirement ratio cut
BEIJING – China’s central bank said Monday it has decided to cut the reserve requirement ratio (RRR) for financial institutions to support the development of the real economy and reduce the …
China’s Hainan Province Cracks Down on Crypto Miners With Power Price Hike
China’s southernmost province of Hainan issued a new policy last week to curb cryptocurrency mining by charging firms in this energy-guzzling sector an extra CNY0.8 (13 US cents) per kilowatt-hour for …
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