Republican presidential candidate Vivek Ramaswamy said he was “deeply concerned” about Elon Musk visiting with China’s foreign minister and opposing decoupling.
BUSINESS
Hong Kong Retail Crypto Trading Move Is a ‘Very Big Step’: Justin Sun
The decision to greenlight digital asset trading for retail investors in Hong Kong beginning tomorrow is “a very big step for crypto in China,” a country known for its unfriendliness to the sector, …
JP Morgan Commits to China For Long Haul
JP Morgan chief executive officer Jamie Dimon is in Shanghai, China this week to support the company’s operational efforts in the country. He’s also offering full-throated support for the U.S. government while he’s there.
China’s commerce minister meets Elon Musk
Chinese Commerce Minister Wang Wentao met with Elon Musk, CEO of Tesla, in Beijing on Wednesday, exchanging views on China-US economic and trade cooperation and Tesla’s growth in China, according to a statement released by…
Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China
The U.S Senate Banking Committee met on May 31 to discuss the country’s policies on China, while Senator Elizabeth Warren brought up potential connections between crypto and drugs.
Cargill to exit poultry business in China
The Minnesota-based ag and food giant has agreed to sell Cargill Protein China to a private equity firm in Beijing amid broader challenges to the meat industry there.
Hong Kong to be digital assets regulatory sandbox for China, says former SFC regulator
a Special Administrative Region of China, being a sandbox of sorts and a gateway to the mainland and its markets. However, Beijing has banned cryptocurrency trading as well as mining of Bitcoin, while …
Business and markets rattled by uncertainty in China
US-China tensions are also causing great anxiety in Taiwan as western businesses look to extract themselves under the fear of invasion from their larger neighbour, which, in the words of one industry …
Elon Musk told officials in Beijing that he is opposed to the US and China breaking down economic ties
“The interests of the United States and China are intertwined like conjoined twins,” the Tesla CEO told officials, according to China’s foreign ministry.
Mysterious Boom in Italy’s Exports to China Was Driven by Pfizer Anti-Covid Drug
The mysterious boom in Italian exports to China is linked to Pfizer Inc.’s plant producing the anti-Covid drug Paxlovid.
Jamie Dimon Says JPMorgan Is Committed to China Business
JPMorgan Chase CEO Jamie Dimon said his bank is committed to China, despite the country’s growing tensions with the U.S. “When we do business in a country, and we do business in 100 countries around…
Crypto Traders Need to Pay Attention to Chinese Yuan
The PBOC’s potential intervention to stem yuan volatility could accelerate gains in the dollar index and add to crypto market’s woes, one observer said.
Crypto Is On The Up In 2023, So What Is The Best Cryptocurrency To Invest In?
Is crypto a buy this year? Quite possibly, depending on your risk appetite and portfolio make-up. We’ve got the lowdown on what’s happening in the crypto market