Newly Hong Kong-listed CALB Co. aims to become a top-three player in the electric vehicle battery industry within five years, Chief Executive Officer Jingyu Liu said.Shares in the Changzhou, …
Monthly Archives For October 2022
A Look Back at China’s Economy, Policy, and Regulatory Developments During the 19th Party Congress Term
What has changed since the 19th Party Congress in 2017? We discuss China’s economic growth, policy, and regulatory developments.
Xi Jinping Ties China’s Fate to Vladimir Putin’s Russia for Good
Russia’s war in Ukraine may have estranged Vladimir Putin from the West for good, but amid strategic defeats and embarrassing retreats on the battlefield, he could always count on one constant: Xi …
Bitcoin’s hash rate grows 3x since China ban despite crypto winter
Despite the crypto sector scrambling to surpass the $1 trillion market capitalization mark, the mining power of Bitcoin continues to grow.
Is Crypto Bad for the Environment?Is Crypto Bad for the Environment?
This market insight explores the relationship between cryptocurrency and the environment. Is crypto bad for the environment in 2022?
Why China’s Central Bank May Find It Easier To Defend Yuan In Coming Weeks And Ease Currency Woes
The offshore yuan’s rally is set to push the onshore unit after trade resumes following China’s Golden Week holidays next week. This is expected to ease pressure on the central bank to defend the …
Why China’s policymakers are relaxed about a falling yuan
Each morning its central bank sets an exchange rate for the yuan known as the “fix”. China’s currency can float 2% above or below this rate each day. The zone is narrower than Mr Krugman…
China: recovery derailed by real estate crisis
The economy has recovered slightly due to more flexible Covid measures. But the real estate crisis will put pressure on economic growth if home sales do …
A Miami man imprisoned for illegally importing $1.5 million worth of AC refrigerant from China
A Miami businessman was sentenced Tuesday to one year and three months in prison for illegally importing large amounts of air-conditioning refrigerant from China.
MYEG teams up with Mimos to look into developing national public blockchain
MY EG Services Bhd (MYEG) and Mimos Technology Solutions Sdn Bhd (MTSSB) have agreed to explore a collaboration on developing and operating the national Layer 1 public blockchain. They plan to do this …
Why Businesses Need More Bulls In Their China Shops
It’s a shame that the phrase “bull in a China shop” has such negative connotations—because what our world needs now are more such bulls, not fewer. In particular, the bigger you are the more you…
Zero-Covid measures cause chaos as China prepares for Beijing summit
As thousands of Communist party delegates prepare to descend on Beijing for the twice-a-decade congress meeting, where Xi Jinping is expected to start his third term as leader, local authorities are …
In Global Slowdown, China Holds Sway Over Countries’ Fates
The lender of choice for many nations over the past decade, Beijing now has the power to cut them off, lend more or forgive some of their debts.
