Even China, which always threatens to dump its holdings … Plus, Samir Kerbage of Hashdex provided insights on the state of DeFi in Brazil. India Identifies 11 Crypto Exchanges Accused of Tax Evasion …
Monthly Archives For March 2022
Marco Rubio Leads G.O.P. Push for a More Combative Stance on China
It’s time for Americans to buckle down for a long struggle with Beijing, the Florida senator will argue in a speech.
Solomons prime minister says will not ‘pick sides’, confirms security negotiations with China
Solomon Islands Prime Minister Manasseh Sogavare said the backlash to his country’s security negotiations with China was “very insulting”, in his first comments on a proposed security treaty.
Oil drops on China demand worries, Ukraine peace talk hopes
U.S. crude futures slid in early trade on Tuesday, extending losses from the previous session on the prospect of a sharp drop in fuel demand as Shanghai shut down to curb a surge in COVID…
US to consider tariffs on solar imports from Thailand, 3 other SE Asian countries
US trade officials on Monday said they will launch an investigation that could result in tariffs on solar panels imported from four Southeast Asian nations, a blow to clean energy project developers …
Nongfu Spring, Flagship Of China’s Richest Man, Posts ’21 Profit Gain, Sees Rising Costs From Ukraine War
Nongfu Spring, the flagship beverage business of China’s richest man Zhong Shanshan, reported gains in sales and profit for the 2021 calendar year on Monday. It also noted pressure on costs in …
When entrepreneurship is discouraged, all of China suffers
Among the many casualties of a tech sector clampdown is entrepreneurship, which had been a key source of China’s economic vitality In an environment where executives are ashamed of their strengths, …
Oil Ends Down 7% on China; Falls More as Russia Said to Drop ‘Denazification’
Crude prices tumbled on Monday on China’s unexpected lockdown of its Shanghai financial hub over a Covid scare and extended losses in post-settlement after the Financial Times reported that Russia was …
Beijing insists ‘sovereignty’ over Scarborough after PH slams Chinese ship’s ‘close distance maneuvering’
China on Monday insisted it has “sovereignty” over Scarborough Shoal after the Philippines reported a “close distance maneuvering” of a Chinese Coast Guard (CCG) vessel and condemned it as a …
Chinese man has been living at Beijing airport for 14 years because he doesn’t want to give up smoking, drinking
Wei Jianguo, a Chinese man in his 60s who was so disturbed by his family life, that the only solution in his view was to move to Beijing Capital International Airport, where he has lived…
Why Russia and China’s move to shift world away from the US dollar is doomed to fail
Attempts to de-dollarise global trade so Russia can keep selling commodities are running into difficulties while the rouble continues to depreciate The US dollar’s role as a freely exchangeable …
China’s private firms see Russia as land of opportunity, up for grabs amid West’s exodus
But experts say China’s state-owned enterprises are likely to remain cautious, worried about the potential diplomatic fallout of running afoul of Western sanctions on Russia Smaller businesses may be …
Oil tumbles 7% as China locks down Shanghai for Covid outbreak
Covid fears are rocking the oil market Monday as China’s planned lockdown of Shanghai raises concerns about energy demand.
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