“We regard bitcoin and stablecoin as crypto assets …These are investment alternatives,” Li Bo, deputy governor of China’s central bank, told CNBC.
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Recent Posts
China softens tone on bitcoin, calling it an ‘investment alternative’ after years of cracking down on crypto
China Asserts Bitcoin is an ‘Investment Alternative’
On April 18, it was revealed that the People’s Bank of China is now referring to bitcoin as an “investment alternative.” …
New SUV models star at China auto show under virus controls
Volkswagen, Ford and Chinese brands unveiled new SUVs for China on Monday at the Shanghai auto show, the industry’s biggest marketing event in a year overshadowed by …
China trade: imports help Japan’s exports post largest monthly gain since late 2017
Japan’s economy is gradually recovering from the coronavirus shock, driven in large part by greater demand for plastics, semiconductor machinery and raw materials in China.
Countries will battle for Apple’s business outside China – analyst
We will see different countries around the world battle for Apple’s business throughout the 2020s, suggests a respected analyst, as …
‘Follow the Party Forever’: China Plans a Communist Birthday Bash
Patriotic films. History lessons. Mass weddings. The Chinese Communist Party is going into overdrive to celebrate its 100th birthday.
China’s digital yuan could be used by international visitors at the 2022 Beijing Winter Olympics
The Beijing Olympics would be the first time international visitors could use the digital currency, which is designed for domestic use.
China’s Xi to Deliver Speech; Fast Money Inflows: Boao Update
China’s President Xi Jinping will address the annual Boao Forum Tuesday and his video speech will touch on the risks and challenges the world is facing, and what solutions his country offers to …
Group urges UN to probe China for crimes against humanity
A human rights group appealed to the United Nations on Monday to investigate allegations China’s government is committing crimes against humanity in the Xinjiang region.
China vows targeted policies, necessary support for economic recovery
China will maintain necessary support for economic recovery and implement targeted structural tax cuts and other measures to consolidate its growth momentum, the country’s top economic planner pledged …
Less than 200 Days to the 4th China International Import Expo (CIIE)
Stock quotes by finanzen.net SHANGHAI, China, April 19, 2021 /PRNewswire/ — Preparations for the fourth China International Import Expo (CIIE) are in full swing. The world’s largest import expo is …
What next for Ant Group after Beijing orders restructuring?
China has imposed a sweeping restructuring plan on Jack Ma’s Ant Group, the fintech conglomerate whose record US$37 billion (RM152.4 …
China Encourages Citizens to Report Each Other for Posting ‘Mistaken Opinions’ on Internet
The Cyberspace Administration of China (CAC) created a tip line that encourages people to report online comments that defame national heroes or question or distort the Chinese Communist Party’s …
