Fintech company Simplex has released an online B2B crypto banking solution that could allow far-flung global customers the same regulated security as consumer banks. Known … ( read original story …)
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China has become more popular than US in much of world, survey finds
China and Xi are seen more favorably than the US and Trump in many nations, new survey says
More people around the world now favour China over the US, Pew study suggests
Beijing cracks down on AI companions
China’s growth cools more than expected in second quarter
China’s economy grows at one of lowest rates in decades
China’s economy grew at a 4.3% annual pace in the last quarter, slowest since late 2022
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Simplex Launches Global Onramp For Crypto’s Online Bankers
Trump fails to disrupt ‘panda diplomacy’ as China’s famed bears remain at US zoo
The Smithsonian national zoo’s three giant pandas will stay in Washington for another three years, upholding a decades-long tradition … ( read original story …)
Goldman Sachs signs pact to own 100% of China joint venture
Goldman Sachs Group Inc has signed a pact with its China joint venture partner to wholly own the business, becoming the latest foreign bank to expand in the world’s second-largest economy. ( read original story…
The Latest: China orders mass coronavirus testing in Chengdu
Red lamps burn at the longtime closed Opera house in Munich, Germany, Sunday, Dec. 6, 2020. Bavaria intensifies measures to contain the corona crisis from Dec. 9, 2020. ( read original story …)
Reprieve for lithium producer shines light on Beijing’s priorities
China Citic Bank gave Tianqi Lithium, based in southwestern Sichuan province, a month-long reprieve as they try to sort out a new repayment schedule by December 28. Tianqi Lithium is a private sector … (…
Shadow banking expected to see healthy prospects next year
China’s shadow banking sector is expected to become healthier in 2021 amid improving regulatory efforts to de-risk the sector, after assets of the most risky shadow banking activities contracted by … ( read original story…
China’s Financial Markets Start to Price In Deleveraging
Policy makers are allowing for tighter liquidity in the financial system, a signal that Beijing wants to stabilize the level of debt in the economy. Though not as aggressive as previous deleveraging … ( read…
China’s Wang vows to uphold trade deal during Biden administration: U.S. business group
Chinese Foreign Minister Wang Yi assured U.S. executives during a videoconference on Sunday that Beijing remained committed to the Phase 1 trade deal with the United States, the head of the US-China … ( read…
China curtails overseas lending in face of geopolitical backlash
China has drastically curtailed the overseas lending programme of its two largest policy banks, after nearly a decade of ambitious growth which at its peak rivalled that of the World Bank, new … ( read…
Only the U.S. and China Can Stave Off Debt Disaster
A pandemic-induced crisis threatens to hurl millions into poverty unless Washington and Beijing can work together. ( read original story …)
America’s Defiance of Trump’s Trade War Fuels China’s Most Export Income Ever Amid COVID-19 Crisis
A record $268 billion worth of exports inflated China’s trade surplus to $75.42 billion, more than double that of last November and half of which was comprised of the U.S. deficit, which is at its…
Australia’s allies need to help it stand up to China or risk being ‘picked off’ too, former Hong Kong governor warns
Chris Patten says Communist party ‘trying to hammer Australia’ with trade actions in order to set an example for other countries … ( read original story …)
China foreign minister pledges to uphold trade deal during Biden administration – US-China business council
Chinese Foreign Minister Wang Yi assured U.S. executives during a videoconference on Sunday that Beijing remained committed to the Phase 1 trade deal with the United States, the head of the US-China … ( read…
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