Agreeing to exchange information and work together, according to one Chinese analyst, shows how both China and the European Union recognise that ‘there needs to be a limit to de-risking’.
Monthly Archives For September 2023
China Finalizes A Strategic Pivot On Bitcoin
The Shanghai Second Intermediate People’s Court recently ruling described bitcoin as a “unique and non-replicable” asset in a strategic legal move that redefines China’s anti-crypto stance. The …
‘Alarm Bells For Crypto’—Leak Reveals Joe Biden Could Be About To Issue a Game-Changing Executive Order And Trigger Bitcoin Price Chaos
Following China’s 2021 bitcoin mining ban … and energy as scarce national resources and therefore zero sum—particularly [with respect to] crypto,” Grieve said, speculating that bitcoin mining could …
Bitcoin gains legal recognition as digital currency in Shanghai China
Despite a hostile national policy in China, several courts in the country over the years have recognized Bitoin and other digital assets as legal properties protected by law.
Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong
Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong.
UBS and China’s ICBC to explore banking, wealth management ties
Swiss banking group UBS said on Tuesday it had signed a memorandum of understanding with the world’s largest lender by assets, Industrial and Commercial Bank of China (ICBC) , , to explore …
China and Europe try to dial down trade tension
China and the European Union have agreed to exchange information on export controls as part of efforts to dial down tension over trade imbalances and geopolitical issues.
Alibaba’s Cainiao files for US$1 billion IPO, helping Hong Kong to land the world’s second-biggest listing of 2023
The logistics company’s plan to sell US$1 billion shares would be second only to the recent US$5 billion listing of SoftBank-owned chip maker Arm It would also be the city’s first billion-dollar …
The 2nd “Just Shenzhen Just Young” Short Video Contest Held by The SFIEC Officially Launched
The 2nd “Just Shenzhen Just Young” Video Contest held by the Shenzhen Foundation for International Exchange and Cooperation (SFIEC) kicks off today. The solicitation period will last till October 22nd …
Tensions With China Cross a New Line in the South China Sea
The Philippines is pushing back against China’s territorial claims. But Chinese forces have been unrelenting in using direct confrontation, raising worries about an escalation.
US officials make multiple visits to China despite continued spying accusations against Beijing
Multiple high-level U.S. officials have visited China over the summer despite increased tensions over Chinese spying activities in the United States in recent months.
UBS and China’s ICBC to explore banking, asset and wealth management collaboration
Swiss banking group UBS said on Tuesday it had signed a memorandum of understanding with the world’s largest lender by assets, Industrial and Commercial Bank of China (ICBC), to explore strategic …
The Massive Scale of China’s Property Sector
Click here to read more …
