BRIAN MCGLEENON: Today on “The Crypto Mile,” I am joined by Jameson Lopp, respected Bitcoin expert and co-founder of Bitcoin security firm, Casa. Today we’re going to chat about the significant …
Monthly Archives For August 2023
China, U.S. plan to talk business
China has meanwhile engaged in crackdowns on foreign companies … Xi has called for restoring the ruling party’s role as an economic and social leader and has tightened control over business and society. Some changes…
How China’s Grip on Metals Could Crush Biden’s Clean Energy Plans
Through the IRA, the U.S. is striving to implement a domestic supply chain to increase accessibility to the materials while bridging access to countries that the U.S. is “more comfortable doing business with” other than…
How China’s economic slowdown could impact the rest of the world
Simon Baptist, Chief Economist of the Economist Intelligence Unit, joins CNN’s Michael Holmes to discuss how China’s economic slowdown could impact the rest of the world.
China’s central bank steps up intervention after yuan hits 16-year low against greenback
Reuters reported that Chinese state banks were seen busy selling U.S. dollars to buy yuan in an attempt to slow the yuan’s depreciation. The PBOC noted that foreign exchange settlement and sales for …
China’s Hidden Financial Dangers Erupt With Shadow Bank Crisis
Zhongzhi Enterprise Group Co. attracted little notice within China and was almost unheard of everywhere else.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor …
China’s property giant Evergrande files for bankruptcy protection in Manhattan court
The world’s most indebted property developer defaulted in 2021 and announced an offshore debt restructuring program in March.
China’s shadow banking crisis sparked by defaulting property developers could trigger broader threat to economy, analysts warn
Missed payments by Zhongrong International Trust are ‘a ripple effect of the intensifying cash crunch faced by property developers like Country Garden,’ says analyst Shen Meng Further shadow banking …
China Isn’t Japan in the 1990s. This Meltdown Is Different.
The recent spate of dismal economic data out of China has raised the question of whether the world’s second-biggest economy will have a meltdown like the one in Japan in the 1990s. Right now, China…
Marketmind: China sets sombre tone with property turmoil
A look at the day ahead in European and global markets from Kevin Buckland China continues to set the mood for markets, and the tone is unswervingly sombre. Property boom poster child China Evergrande has…
China Evergrande, giant real estate firm, files for bankruptcy in U.S.
Evergrande’s meltdown signaled the start of a slow decay of China’s real estate sector that now threatens to inflict damage on the country’s broader economy.
Shantou eyes key role in data exchange with more efforts in new infrastructure
The construction of a series of submarine communication cables and computing infrastructure in Shantou, a coastal city in Guangdong province, will help provide low-cost and efficient linkage support …
Over 200 int’l institutions to attend 2023 CIFTIS finance service section
[Photo/Xinhua] The China International Fair for Trade in Services 2023 (2023 CIFTIS), scheduled to take place in Beijing from Sept. 2 to 6, will see 219 financial institutions and businesses …