Analysts expressed optimism in China’s ability to woo foreign investors after a downturn in confidence, welcome news for policymakers who have been keen to court overseas capital back.
BUSINESS
President Biden announced new steps to stop flow of fentanyl into US
The CDC reports overdose deaths involving opioids, primarily fentanyl, continue to climb — killing nearly 73,000 Americans in 2022.
China Debuts Solar Power Industry Digital Yuan Smart Contracts
A Chinese power provider says it has completed the first digital yuan smart contract transaction in the solar power industry.
Confidence in the crypto industry is rising but we’re not back to 2021 levels, analyst says
China Calls America’s Bluff in the South China Sea Mike Johnson backed Clarence Thomas’ suggestion that the Supreme Court ‘reconsider’ its rulings on contraception and same-sex marriage Scientists …
Exports to China surge by 70%, reach $368 million
BEIJING: Pakistan’s export to China experienced a significant surge, reaching US$368 million in October this year, reflecting a remarkable 70% increase compared to the same mont …
China’s October copper cathode import and export data
In October 2023, China’s copper cathode exports were 16,240 mt, down 11.06% MoM and up 73.96% YoY. Exports in the first ten months totaled 251,671 mt, up 18.35% YoY. For more information on how to…
China’s copper anode imports grew in October, primarily contributed by Zambia and Chile, imports to stabilize or rise slightly in November
According to data from the General Administration of Customs, China imported 83,300 mt of copper anodes in October 2023, a month-on-month increase of 14.76%, and a year-on-year increase of 0.2%; from …
CATL mulls expansion amid IPO talk
Given CATL’s big valuation in the current market scenario, any IPO now or in the near future would be substantial in size, which could make regulatory approval slow to come; so, the reported IPO may…
China Customs returns or destroys 2,473 batches of unqualified food imports
China Customs returned or destroyed 2,473 batches of unqualified agricultural or food imports during the first three quarters of the year, …
Across China: Chinese pickles sail to Japan through RCEP
China and Japan forged bilateral free trade relations for the first time following the Regional Comprehensive Economic Partnership (RCEP) agreement, which took effect on January 1, 2022. The agreement …
Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History
First it was China, then Japan and Singapore, next a stint pretending to operate Binance from Malta, until finally he ended up in the U.A.E. Once the unquestionable go-to place for trading crypto, …
Behold the Utter Destruction of Crypto’s Biggest Names
While criminal charges against Binance — which was founded in China but later claimed to have no official headquarters — have been anticipated for more than a year, CZ’s position as the most powerful, and…
Binance CEO Changpeng Zhao steps down and reveals ‘it was not easy to let go’ as he pleads guilty to violating anti-money laundering rules and crypto exchange pays $4.3BN in fines
Binance CEO Changpeng Zhoa plans to plead guilty to money laundering as part of a deal with the Department of Justice that will see the crypto exchange pay $4.3billion to end the criminal probe against the company.
