China’s State Council released an action plan to further … and loosen visa rules, to make doing business easier in the world’s second-largest economy.
BUSINESS
China’s Ant Group appoints new president in biggest reshuffle since regulatory revamp
Han Xinyi will become president of China’s Ant Group and some units of the financial technology company will set up their own boards of directors to operate more independently, according to a source …
Exclusive-Fidelity International plans to cut 16% of China fund unit jobs, sources say
Fund manager Fidelity International (FIL) is planning to lay off 20 people at its main China unit, two sources familiar with the matter said, a reduction that coincides with a downturn in China’s …
China Slowdown Weighs On February Swiss Watch Exports
The 3.8 percent slump was driven by China and Hong Kong’s steep drops, which were not offset by moderate growth in other top markets including the U.S.
Swiss Watch Exports Slump on Lower Shipments to China
Swiss watch exports fell for just the second time in three years, led by lower shipments to China and Hong Kong, as demand for luxury timepieces cools.
$300 Billion Crypto Price Crash Suddenly Accelerates As Bitcoin, Ethereum And XRP Traders Brace For A Fed Shock
The bitcoin and crypto market has been turbo-charged by the debut of a fleet of bitcoin spot exchange-traded funds (ETFs) on Wall Street this year. The new bitcoin ETFs have raked in billions of …
Swiss Watch Exports Slump on Lower Shipments to China, Hong Kong
Swiss watch exports fell for just the second time in three years, led by lower shipments to China and Hong Kong, as demand for luxury timepieces cools.
China Evergrande Founder Accused of Exaggerating Revenue by $78 Billion
China’s securities regulator fined the developer’s founder … As chairman of Evergrande, Mr. Hui was in charge of all the company’s real estate business and “instructed other personnel to falsely …
China seen leaving benchmark lending rates unchanged in March
China is widely expected to leave benchmark lending rates unchanged on Wednesday, a Reuters survey showed, as the central bank kept a key policy rate steady last week at a time when the broad economy…
China’s Top Diplomat Wang Yi to Meet With Australian Business Leaders
China’s Foreign Minister Wang Yi will hold closed door meetings with Australian business leaders and policy experts on Wednesday as part of his first visit to the country in more than seven years.
Despite Ban, China-based cryptocurrency investors made $1B in gains during 2023
Despite having a blanket ban on cryptocurrencies, many investors in mainland China were able to earn significant profits, making them achieve some of the biggest gains in the global cryptocurrency …
China Makes Digital Yuan More Accessible to Foreigners
China launched a guide for foreigners to use its digital yuan, aiming to expand its digital payment system globally.
Stake Your Claim: 3 Crypto Miner Stocks to Profit From the Bitcoin Boom
Bitcoin’s (BTC-USD) meteoric rise to new all-time highs shifted attention to crypto miner stocks as cryptocurrency inflows rose. Holding crypto miner stocks is seen as another way to profit from a …