New data from market intelligence firm Chainalysis reveals that global cryptocurrency gains topped $37.6 billion in 2023 as asset prices and market sentiment continue to improve after a challenging …
Monthly Archives For March 2024
Is Beijing bracing to crash into a Western wall?
Chinese President Xi Jinping is seen on a screen during the second plenary session meeting of the National People’s Congress (NPC) in the Great Hall of the People in Beijing, China, Friday, March 8, …
Beijing presses Chinese EV makers to procure local chips as U.S. trade clash deepens
The central government is ratcheting up efforts to galvanize China’s tech sector, a response to U.S. attempts to curtail Chinese chip development via sanctions and restrictions on the sale of advanced …
China Lashes Out at US ‘Free Speech’ Rights As TikTok Row Deepens
China’s Foreign Ministry says the campaign to divest TikTok “has set a worrying precedent” and damages the freedom of millions of American TikTok users.
Opinion: Big Tech’s trouble in China: New ‘work secrets’ law could force tough choices
A new law will require business entities in China to identify and disclose to the government “work secrets,” or non-classified information that the Chinese Communist Party (CCP) deems relevant to its …
China central bank approves Tencent’s Tenpay capital boost to $2.1 billion
China’s central bank has approved Tencent Holdings’ online payment platform Tenpay boosting its registered capital to 15.3 billion yuan ($2.13 billion), according to a central bank statement on Friday …
China c.bank approves Tencent’s Tenpay capital boost
China’s central bank has approved Tencent Holdings’ online payment platform Tenpay boosting its registered capital to 15.3 billion yuan ($2.13 billion), according to a central bank statement on Friday …
China May Be Biggest Winner From Bank Of Japan Rate Shock
Of course, sudden yen moves have a knack for shoulder-checking global markets. Two-plus decades of zero rates made Japan the globe’s top creditor nation. Since the late-1990s/early 2000s, financiers …
Are US apparel brands still being won over by China’s low prices in 2024?
At the start of 2024, data reveals China remains the cheapest apparel supplier to the US at $1.78 per unit of apparel.
China’s Name and Shame Event Calls Out BMW for Technical Issues
BMW AG was named at an annual show airing consumer complaints about technical issues and shoddy services, just as legacy automakers fight intense competition from local rivals.
China’s ‘broker butcher’ vows to tighten IPO rules, curb excesses to restore confidence in US$9.2 trillion stock market
China’s new boss at the CSRC is living up to his tough reputation, issuing four new documents governing IPO market behaviour Listing committee members have ‘life-long’ responsibility for any …
Chinese brands, e-commerce firms targeted by French fast fashion bill
and even foreign brands like Primark and Zara, a large number of whose suppliers are located in China, may have had an impact on French enterprises, which may be an important reason for the French…
China Instantly Bites Back in Semiconductor Battle With Joe Biden
China’s Ministry of Industry and Information Technology has asked its carmakers to boost the purchase of homegrown semiconductor chips.
