The Biden administration is working on a set of policy recommendations targetting bitcoin and crypto’s sky-high energy consumption and carbon footprint, according to a report.
Monthly Archives For June 2022
China economy: companies ‘extremely cautious’ as uncertainty hangs over business environment
Policy U-turns and a heavy-handed, unpredictable coronavirus control strategy are fraying the nerves of China’s business community Analysts say Beijing is unlikely to drop zero-Covid before the …
Beijing chafes at Moscow’s requests for support, Chinese officials say
Moscow has on at least two occasions pressed Beijing to offer new forms of economic support — exchanges that one Chinese official described as “tense.” Officials declined to share specifics of …
China orders U$120 billion infrastructure push amid slowing economy as Beijing steps up stimulus
A State Council meeting on Wednesday chaired by Premier Li Keqiang ordered China’s state-owned policy banks to set up an 800 billion yuan (US$119.6 billion) line of credit for infrastructure projects.
Global Factory Output Falls For Second Month In May Amid China Lockdowns
The JPMorgan Manufacturing Purchasing Managers’ Index™ (PMI™) inched up from 52.3 in April to 52.4 in May, though remained at the second-lowest level recorded over the past 20 months.
Beijing and Washington Need a Joint Plan for North Korea’s COVID-19 Disaster
Argument: Beijing and Washington Need a Joint Plan for North Korea’s COVID-19 Disaster Beijing and Washington Need a Joint Plan f… | View Comments () As a COVID-19 wave engulfs North Korea, the …
‘Iron-clad Friendship’: China agrees to refinance $2.3 billion fund
ToRs for refinancing agreed, cash inflow expected ‘shortly’– Assistance to help shore up foreign exchange reservesISLAMABAD: Pakistan’s ‘Iron-clad Friend’ China Thursday came to its rescue …
What does Beijing and Canberra’s relationship tug-of-war in the region mean to Australia’s Pacific Islander community?
Many repeat claims from Beijing that its intentions in the region are based on “mutual respect”. “I think it’s confusing. That’s why I am scared. I don’t know what’s happening,” Ms Kinai said.
Mainland China Outperforms, Meituan Earnings Highlight Strong Growth Despite Lockdowns
Asian equities were mixed but mostly lower overnight though Mainland China was an outlier to the upside. Real estate and energy were bright spots in both Hong Kong and Mainland China on positive …
China, prompted by Premier Li, hones in on exports amid economic slowdown
Premier Li Keqiang has reportedly convinced President Xi Jinping to review ‘zero-COVID’ policy, focus on boosting exports – Anadolu Agency …
An exec at a $150 million crypto hedge fund breaks down the ‘most overlooked’ investment opportunity in digital assets amidst a market downturn
BKCoin is hoping to attract institutional investors that are warming up to crypto and hired a former Coinbase executive to lead the charge.
A Coming Crypto Storm For Central Banks? Focus On Digital Money Intensifies
China, increasingly India or Sweden – the use of central bank … In the United States, President Joe Biden, citing the growth in crypto assets over five years from $14 billion to $3 trillion as…
Financial Times editorial board warns China must reform or risk losing foreign investment
The Financial Times editorial board warned this week that China must reform domestically if it wishes to continue to receive investment from abroad.
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