Beijing’s market regulator warned that projects marketed in the country as non-fungible tokens or with metaverse-related concepts risk being involved in illegal fundraising or fraudulent activities.
FINANCE
China’s Open Borders Will Lift Australian GDP, ANZ Bank Says
China’s reopening is expected to raise Australia’s gross domestic product by 0.4 percentage points over the next two years, Australia & New Zealand Banking Group Ltd. said.
Beijing regulator warns about NFT speculation, cites illegal fundraising risk
Beijing’s market regulator warned that projects marketed in the country as non-fungible tokens or with metaverse-related concepts risk being involved in illegal fundraising or fraudulent activities.
New photos show the Navy recovering downed China spy balloon off U.S. coast
A Chinese spy balloon was shot down on orders of President Joe Biden, and his administration is considering other actions, Sen. Chuck Schumer said.
Disney removes ‘Simpsons’ episode with China ‘forced labor’ reference from Hong Kong
This is the second episode of the animated series to become inaccessible in the Chinese territory, where a national security law has raised growing censorship concerns.
A Memo and Balloon Help Media Inflate China War Hype
For Fox News, the balloon incident meant that the US has stepped closer to war with China, because China “is preparing its citizens for war” (2/4/23) and collecting information for a future …
Republicans Home In on China Policy Following Balloon Shootdown
House Republicans held a pair of hearings Tuesday to weigh responses to counter Beijing’s economic and military power.
American companies in Taiwan make contingency plans amid tensions with China
U.S. companies in Taiwan are revising its plans to continue business on the island as China has increased military activity across the Taiwan Strait.
Think threat of China’s spy flights are bad? It’s much worse than you think
That China thought it could fly a surveillance balloon into American air space is not good for America now, nor in the future.
Turns Out BOJ Won’t Ruin China’s Year After All
TOKYO – Rumors that Bank of Japan“tapering” will wreck China’s 2023 – or Asia’s trajectory more broadly – seem greatly exaggerated as the Japanes …
We are long on China, says Deutsche Bank
Christian Nolting of the investment bank says it timed the “China call quite nicely” and there are value companies that could see more upside.
China Central Bank injects about $22.14bn into market
Beijing:Beijing: China s central bank injected yesterday 150bn yuan (about $22.14bn) into the market via reverse repo operations to maintain …
China Hasn’t Given Up on the Belt and Road
Beijing is not giving up on Belt and Road—far from it. But today, the BRI of the popular imagination—a dominant, globe-spanning infrastructure lending project aimed at cementing China’s power—is …