The People’s Bank of China blockchain trade finance solution processed $4.36 billion in foreign exchange transactions since its inception. China’s central bank, the People’s Bank of China … ( read original story …)
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Beijing Begins Imagining A WeChat China Cryptocurrency
The South China Morning Post reported Monday that the People’s Bank of China (PBoC) is looking into an officially sanctioned crypto after banning them two years ago. If they do it, there is no better…
China Cosmetics Market Report, 2019-2025
China’s online penetration rate of cosmetics will range at 31.4% in 2022. Online: The retail sales of cosmetics at Alibaba have grown apace, with fluctuations in recent months. Chinese brands have … ( read original…
World cannot shut China out, vice president says, in jab at U.S.
The Trump administration has accused China of engaging in unfair trade practices that discriminate against U.S. firms, forced technology transfers and intellectual property rights theft. Beijing has … ( read original story …)
China June new loans seen at 5-month high as central bank keeps liquidity ample: Reuters poll
BEIJING (Reuters) – New bank loans in China are expected to have picked up to a five-month high in June, a Reuters poll showed, as Beijing kept ample liquidity in the financial system to support…
Western hunting outfitters think China is the future of the market
Just three years later, he and his twin brother founded ShooterKing, a high-end hunting clothing brand. And last month, he organized China’s first ever hunting show. Li is betting that as … ( read original…
53% of European brands consider China a good opportunity for programmatic digital ad investment
Brands globally are planning to invest more heavily in China driven by programmatic digital ads. According to a survey of 300 senior marketers in North America, APAC and EMEA by The Trade Desk, 53% of…
China has ‘hard time’ grasping why Canada is caught in its trade war: McNeil
In an interview with the West Block‘s Eric Sorensen, Nova Scotia Liberal Premier Stephen McNeil said the ongoing tensions between Canada and China amid its broader trade fight with the U.S. will … ( read…
China tech giant Baidu partners with Geely, Toyota
Global automakers, large technology companies and startups are all engaged in self-driving efforts, but experts say it will be years before systems are ready to be rolled out. China, the world’s … ( read original…
China central bank suspends some traders at Ping An Bank and China Merchants Bank
SHANGHAI (Reuters) – China’s central bank said on Monday it has suspended some traders at Ping An Bank and China Merchants Bank for a year for involvement in “abnormal” trades. The People’s Bank of ……
Wall Street Banks Struggle to Hire Local Talent in China
“There’s a big question mark over the sustainability of their China investment.” The hiring challenges extend beyond investment banking. Jason Tan, director at recruitment agency Kelly … ( read original story …)
Fed easing could prompt first China rate cut in four years – analysts
SHANGHAI (Reuters) – China’s central bank could cut its benchmark policy rate for the first time in four years if the U.S. Federal Reserve delivers a widely expected cut in late July … ( read…
China’s Financial Plumbing Is Getting Leakier
Markets are a psychological phenomenon—a set of beliefs about how the world works and what things are worth. When assumptions are challenged, the results can be stomach-churning. Unnoticed by most of … ( read original…
