Three state-backed financial industry associations in China have called on their members to prevent financial risks associated with non-fungible tokens (NFTs), such as masking trades of financial …
Monthly Archives For April 2022
Harrop: China’s choice: Russia or U.S.
President Joe Biden warned China that if it helps Russia in its savagery against Ukraine, the U.S. might apply sanctions to Chinese products.
Opinion: China’s March commodity imports were subdued, more softness ahead
China’s imports of major commodities softened in March, a trend that is likely to extend in the coming months as the world’s biggest buyer of resources deals with the economic pain of maintaining its …
Anti-coronavirus shutdowns in China spread as infections rise
The closures are an embarrassment to the ruling Communist Party and a setback for official efforts to shore up slumping growth in the world’s second-largest economy.
Ukraine war: Shenzhen smartphone maker AGM finds Russian business on thin ice after invasion
AGM, which makes ruggedised smartphones that can operate in extreme cold weather, saw sales in Russia briefly reduced to zero after the country invaded Ukraine Economic sanctions against Russia, which …
Beijing’s key air pollution readings down 40 pct in Q1
Photo taken with a mobile phone shows a view of Big Air Shougang, a venue for Beijing 2022 Winter Olympic Games, in Beijing, capital of China, Jan. 16, 2022. (Xinhua/Chen Yehua) BEIJING, April 14 …
6 US lawmakers arrive in Taiwan for surprise visit, China issues warning
A bipartisan group of U.S. lawmakers flew to Taiwan for an official visit Thursday, defying threats from the Chinese government. Lawmakers from both the House and Senate landed in the country …
Which Chinese Names Are Among the World’s Most Valuable Brands?
Brand Finance has released its ranking of the world’s most valuable apparel brands, with Nike dominating once again. But how did Chinese players fare?
With Russia Mired In Ukraine, Tech Bill Targeting China Gains Traction
“We want to make sure that we lead in technology, not China,” Democratic Congressman Ro Khanna of California told Newsweek.
China needs to improve its lending practices: World Bank President
China needs to improve its lending practices in the developing world especially in terms of transparency in the loans it provides according to the World Bank …
Shanghai lockdown could shave off about 2% of China’s total GDP
The ongoing stringent lockdown in the Chinese financial hub of Shanghai following the resurgence of Covid 19 infections will severely affect the countrys overall gross domestic product (GDP). Analysts …
America’s past offers the model for topping China in science and technology
Set against China’s technological gains, President Biden is urging Congress to send him the Innovation Act, which will pump federal funding into science and technology research and semiconductor …
Uniqlo Owner Sees Big Profit Drop In China, Sounds Alarm On Yen
The owner of Japanese clothing brand Uniqlo on Thursday flagged a big profit drop in China due to COVID-19 restrictions, while its chief executive sounded alarm about the weakening yen’s potential to …