Despite relatively low case numbers, there are reportedly about 200 lockdowns across the country …
Monthly Archives For November 2022
China Life Insurance to reclassify financial assets
China Life Insurance Co (中國人壽) yesterday said it would reclassify its financial assets under the International Financial Reporting Standards 9 (IFRS 9) to improve its financial strength, following in …
3 takeaways from our daily meeting: Equities mixed, hopes for China reopening, buying Coterra
Club stocks soar on China news Investor hopes that China could loosen its … Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and …
Positive Crypto Signs from U.K. and Hong Kong: Who is the New Crypto Hub?
U.K. has a new pro-crypto PM and a new name for stablecoins At the point of the news on the vote to recognize Crypto as regulated financial instruments, Bitcoin just spiked to $21,170. This aligns…
“Is There a U.S.-China Cold War” Is the Wrong Question
Let’s not call the U.S.-China competition a “cold war.” This ongoing conflict ought to have a name all its own. Using the term “Cold War” encourages oldthink. It suggests that we’ve been here before …
Xi addresses opening ceremony of 5th China Int’l Import Expo
Chinese President Xi Jinping delivers a speech via video at the opening ceremony of the fifth China International Import Expo held in east China’s Shanghai on Nov. 4, 2022. (Xinhua/Li Xueren) Chinese …
Chinese PV Industry Brief: Shenzhen Energy to start PV-powered hydrogen production
Shenzhen Energy has unveiled a CNY 1.57 billion ($218.5 million) plan to build a green hydrogen facility in Erdos, Inner Mongolia. The project includes a 250 MW ground-mounted solar plant, a hydrogen …
The super-charged dollar just saw its steepest drop in over 2 years as rumors swirl about China’s reopening
So far in 2022, the dollar has climbed more than 16%, fueled by the Federal Reserve’s aggressive interest rate hikes.
Wuhan backtracks on metaverse industry plan to support NFTs as cryptocurrencies remain a no-go in China
Outside mainland China, self-proclaimed Web3 applications often involve … including a new licensing regime for virtual asset providers that will allow financial services to sell crypto-related …
China’s ties with Pakistan are ‘none of your business’, expert tells US
WASHINGTON: The Chinese feel that the United States should not urge China and Pakistan to renegotiate Beijing’s debt and should not ‘bad mouth’ the Pakistan-China relationship, says Ms Yun Sun, …
Is China “reopening”? The forex impact
This followed prior speculation about when China would pivot away from zero-Covid policy. Reports circulated earlier in the week that China had formed a commission to revise policy related to …
More pressure on the Yuan if China open ups symmetrically – TDS
China’s opening is not going to be a panacea for the global … fueling XAUUSD’s daily advance. XRP was re-listed by Newton Crypto, a Canadian crypto exchange. The news has sparked rumors of …
Lockdown Food Supplier Pang Pang Xiang puts IPO Back on the Menu
Bucking the Covid downturn, Pang Pang Xiang’s profits jumped in the first five months of the year after it provided Shanghai with lockdown food supplies The IPO-bound company is a family business, who …
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