Beijing is banning Bitcoin because it could destabilize China’s financial system. But blockchain technology and digital currencies could have broader benefits, writes Cornell University professor.
FINANCE
Pony.ai to Start Driverless Tests on Public Roads in Beijing
Silicon Valley-based leading autonomous driving company Pony.ai, today announced that it has been authorized to conduct driverless tests on public roads in China’s capital city, Beijing. The company …
Ambassador Haque visits NBP office in Beijing
Pakistan Ambassador to China, Moin ul Haque visited the Chief Representative Office of National Bank of Pakistan (NBP) here and appreciated its role in enhancing cooperation in financial sector and …
China loosens restrictions on home loans at some big banks -Bloomberg News
China’s financial regulators have told some major banks to accelerate approval of mortgages in the fourth quarter, Bloomberg News …
The wild west of China’s bond market that regulators want to tame
In China’s junk bond market, investors gamble when companies tumble. Some win big, while some lose big. Some investors in junk bonds, often referred to by the rose-tinted industry term “high-yield …
Exclusive-China looks to lock in U.S. LNG as energy crunch raises concerns- sources
Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns …
‘China boasts some of the best green stocks in the world’
Fund of the Week: clean energy firms have been among the stock market’s best performers The energy transition is turning London’s stock market on its head. While oil and gas have powered the economy …
China growth dips to 5% in third quarter on energy woes: AFP poll
China’s economic growth is expected to have slowed further in the third quarter, according to an AFP poll of analysts, with a mounting energy crisis and property market tremors casting a pall as the …
China cbank rolls over maturing medium-term loans, rate unchanged
SHANGHAI : China’s central bank injected funds through medium-term loans into the financial system on Friday, while keeping the interest rate unchanged for the 18th month in a row. The People’s Bank …
China’s Regulatory Crackdown: A Cautionary Tale for Investors
China’s recent regulatory crackdown has targeted specific sectors. Savvy investors should plot a more diversified approach that avoids sector and stock concentrations.
Risk of conflict between China and US ‘at almost 50pc’
While lots of people talk about the risk of war without actually understanding the odds, new research sheds light on the probability of major power conflict.
Futu and UP Fintech to Face Regulatory Risks in China, Official Media Says
Futu Holding and UP Fintech Holding, two Chinese online brokerages, are set to face regulatory risks due to forthcoming China’s personal data privacy law.
Understanding China’s recent moves in its capital markets
China’s education companies being converted into non-profits have created a lot of doubt about capitalism and capital markets in China, so I’d like to help clarify what’s going on there.
