China’s e-commerce giant JD.com has reportedly registered two stablecoin-linked entities, Jcoin and Joycoin, aligning with Hong Kong’s stablecoin regime coming in August.
BUSINESS
Footwear Firms Will Benefit if Trump Moves Forward With Another Pause on China Tariffs
Footwear firms await Trump’s decision on a tariff pause extension for China imports, while EU shoe brands digest news of a 15 percent tariff rate.
India overtakes China as biggest smartphone exporter to the United States, report says
For the first time India has overtaken China as the No. 1 exporter of smartphones to the United States, following Apple’s tariff-driven manufacturing pivot to New Delhi.
China-US trade talks conclude without deal to prevent tariffs from surging again
Chinese and American trade negotiators concluded their two-day meeting in Stockholm without a clear path forward to avert tariffs from skyrocketing back to ultra-high levels that formed an effective …
China and US agree to extend tariff pauses after ‘constructive’ talks in Stockholm
China and the U.S. have agreed to continue their tariff pauses on each other, according to China’s top trade official.
Why iPhones Are Made In China
Most products in the US are manufactured in China, but expensive products from luxury brands are typically made in their home countries. And Apple is perhaps the most expensive technology brand on …
Apple shutters store in China for first time ever as struggles mount in second-largest market
It’s the first store in China that Apple has been forced to shut down since opening its flagship store in the country in 2008.
Crypto user loses $6.9M to a cold wallet from China’s TikTok – MSN
A crypto user has reportedly lost nearly $7 million in crypto after buying a discounted cold wallet through the Chinese version of TikTok, Douyin, which turned out to be compromised. Blockchain …
China’s JD.Com Files for JCOIN Trademark, Is A Potential Stablecoin Launch Ahead?
Chinese e-commerce giant JD.com is making a significant move into the stablecoin market, launching its own fiat-backed cryptocurrencies. Ahead of Hong Kong’s upcoming stablecoin regulation, JD.com has …
iPhone sales rise in China for the first time since late 2023
New research claims that sales of Apple’s iPhone in China grew during the last quarter, giving it growth for the first time in years — although still not enough to beat local manufacturers.
China convicts crypto money launderers who embezzled US$20 million from Beijing tech firm
The case adds to the amount of confiscated crypto assets accumulated by China, which prohibits the trading of such virtual assets.
Chinese EV Brands Are Dropping Like Flies—But Xiaomi’s Just Getting Started
The Chinese electric vehicle (EV) market is experiencing turbulence, with some brands facing an uncertain future amid fierce competition and ongoing price wars. Recent weeks have seen scandals erupt …
3 Smart TV Brands That Will Be More Expensive After Tariffs
GOBankingRates found three smart TV brands that are likely to be more expensive after United States tariffs kick into high gear.
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