The likelihood of China lifting its crypto trading ban has risen significantly, fueled by Hong Kong’s expanding crypto market. Yifan He, CEO of Red Date …
BUSINESS
China’s business innovators say will resist external pressure after meeting with Xi
Some of China’s prominent business leaders, including the heads of carmakers BYD and Xiaomi , said they would resist external pressure and keep innovating, following a rare meeting between President …
These Are the Largest Weapons Manufacturers Building China’s War Chest
China spent over $309 billion on defense in 2023, more than any other country with the exception of the United States. China’s record-high defense spending is the product of steady year-over-year …
US displaced China as Germany’s biggest single trading partner last year
The United States was Germany’s biggest single trading partner last year for the first time since 2015, displacing China from the top spot as exports to the Asian power declined, official figures …
China boosts oil imports from Brazil and West Africa as sanctions reshape sourcing
As Middle Eastern crude prices have increased, Chinese refiners have increased purchases of Brazilian and West African crude. This comes as refiners reorganize their sourcing due to sanctions, tariff …
China proposes new rules to tighten control over rare earth sector
China on Wednesday began public consultation on new regulations designed to protect its domestic rare earth industry, a sector where Beijing has previously weaponised its dominance via export controls …
China refiners buy more Brazilian, W.African crude as sanctions, tariffs disrupt supply
Chinese refiners have stepped up purchases of Brazilian and West African crude as they reorganise sourcing around sanctions and tariff disruptions, and after prices of Middle Eastern grades surged.
Over 50% chance China will legalize crypto trading, says blockchain firm Red Date
Yifan He, CEO of Chinese blockchain firm Red Date Technology, discusses the likelihood of China lifting the ban on crypto trading and the role Hong Kong plays as the “bridge” connecting China with the …
How Far Is Blockchain In Becoming A Part Of Day-To-Day Banking And Payments?
Blockchain technology has evolved by leaps and bounds since the prototype was developed over a decade ago. The global blockchain technology market is expected to grow from $20 billion in 2024 to $249 …
ByteDance’s US Backers Say China Growth to Counter Any TikTok Ban Damage
As TikTok fights to keep its popular video app available in the US, investors in parent company ByteDance Ltd. are being forced to re-evaluate financial prospects for a business valued at more than …
China deal-making ramps up after years of decline as Chinese companies prepare for Trump tariffs
China is starting to see a rebound in its M&A scene as government stimulus measures start to bear fruit and pressure from Donald Trump’s tariffs mounts.
Chinese Robotaxi Firm Pony AI Soars 40% Since IPO — Retail Interest Is Outpacing Some Bigger Rivals
Chinese robotaxi startup Pony AI, Inc.’s U.S.-listed stock (PONY) has surged nearly 41% since its impressive November IPO, marking fresh record highs over the past month. While recent gains have been …
Hong Kong eyes crypto derivatives, margin lending in digital asset push
Hong Kong is considering approving new cryptocurrency and virtual assets products as derivatives and margin lending for certain investors in those products, according to the city’s financial regulator …
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