A group of economically-aligned nations say they’re building an “independent payments system” in a move away from the US dollar.
BUSINESS
Turkey imposes 40% tariff on vehicle imports from China
Turkey will impose a 40% additional tariff on imports of vehicles from China to halt a possible deterioration of its current account balance and protect domestic automakers, the trade ministry said on Saturday.
China’s Exports Surge More Than Expected in Boost for Economy
China’s exports climbed more than expected in May, boosting hopes that the world’s second-biggest economy can maintain its momentum by relying on foreign markets.Exports rose 7.6% in dollar terms from a year earlier,
‘A Very Big Opportunity’—Crypto Suddenly Braced For A ‘Tremendous’ China Earthquake After Bitcoin, Ethereum And XRP Price Boom
Bitcoin and crypto investor Brock Pierce has said it’s only a matter of time before China reopens its digital doors to …
China’s Tesla rivals are turning to humanoid robots to help build their cars
An Ubtech spokesperson told Business Insider that the robotic worker … using humanoid robots in the general assembly workshop at its factory in Hefei, China. Ubtech says the Walker S, which stands 1.7 meters tall…
Anne Stevenson-Yang on China, audit reform and why she’s unsure about Yorkshire
City A.M. sits down with the co-founder of activist short-selling firm J Capital Research to discuss China, its companies and whether they require closer inspection
In China, weight-loss drugs are becoming big business
Taipei, Taiwan – Ozempic is big business in China. Last year, the Danish pharmaceutical giant Novo Nordisk doubled its sales of the diabetes drug in the country to almost $700m – 5 percent of Ozempic’s…
China’s exports grow 7.6 per cent in May, beating expectations despite trade tensions
China’s exports in May grew at their fastest pace in more than a year despite trade tensions, though imports fell short of analyst expectations, according to customs data released on Friday. Exports jumped 7.6 per…
Chinese brands seek to meet soaring demand for smart doze
According to the China Sleep Research Report 2024 by the social psychology … Against this backdrop, a slew of domestic brands have introduced smart bed products, which can cater to individual sleep …
Bybit Opens Up Crypto Trading to Chinese Users Living Abroad
Chinese nationals living outside of mainland China will now have access to the second-largest cryptocurrency exchange.
News Explorer — Bybit Opens Its Doors to Chinese Citizens Living Outside of Mainland China
Bybit Opens Its Doors to Chinese Citizens Living Outside of Mainland China. Bybit, the world’s second-largest cryptocurrency exchange, is now allowing Chinese citizens living outs …
Bitcoin Mining Thrives in China Despite Misinterpreted Ban
Daniel Batten, a Bitcoin environmental analyst stated that despite widely spread news, Bitcoin mining was temporarily suspended in China.
Cine Top Culture Reduces Planned IPO Size; Filed for Offering in 2022
Cine Top Culture Holdings, which operates movie theaters in China, reduced the size of its planned initial public offering to 3.75 million shares from 4.6 million. About Dow Jones Newswires Dow Jones …
