Chinese refiners have stepped up purchases of Brazilian and West African crude as they reorganise sourcing around sanctions and tariff disruptions, and after prices of Middle Eastern grades surged.
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China refiners buy more Brazilian, W.African crude as sanctions, tariffs disrupt supply
Foreign direct investment into China falls 13.4% y/y in January
Foreign direct investment into China came in at 97.6 billion yuan ($13.40 billion) in January, down 13.4% from the previous year, the Chinese commerce ministry said on Wednesday.
Over 50% chance China will legalize crypto trading, says blockchain firm Red Date
Yifan He, CEO of Chinese blockchain firm Red Date Technology, discusses the likelihood of China lifting the ban on crypto trading and the role Hong Kong plays as the “bridge” connecting China with the …
China Responds as US Military Trains Sights on Pacific
The Chinese Foreign Ministry’s remarks came after Pete Hegseth said China had “the capability and intent to threaten our homeland.” …
In balancing risks and rewards, China set to leave lending rates unchanged in Feb
China is expected to leave its benchmark lending rates unchanged on Thursday, a Reuters poll showed, as authorities walk a fine line between prioritising financial stability and providing more …
China: Humanoid robot industry charges ahead in China’s tech hub Shenzhen
Humanoid robot industry charges ahead in China’s tech hub Shenzhen (Voice_over) Catching a tennis ball… popping open a soda… even doing backflips. What once seemed like science fiction is now …
How Far Is Blockchain In Becoming A Part Of Day-To-Day Banking And Payments?
Blockchain technology has evolved by leaps and bounds since the prototype was developed over a decade ago. The global blockchain technology market is expected to grow from $20 billion in 2024 to $249 …
ByteDance’s US Backers Say China Growth to Counter Any TikTok Ban Damage
As TikTok fights to keep its popular video app available in the US, investors in parent company ByteDance Ltd. are being forced to re-evaluate financial prospects for a business valued at more than …
China deal-making ramps up after years of decline as Chinese companies prepare for Trump tariffs
China is starting to see a rebound in its M&A scene as government stimulus measures start to bear fruit and pressure from Donald Trump’s tariffs mounts.
Chinese Robotaxi Firm Pony AI Soars 40% Since IPO — Retail Interest Is Outpacing Some Bigger Rivals
Chinese robotaxi startup Pony AI, Inc.’s U.S.-listed stock (PONY) has surged nearly 41% since its impressive November IPO, marking fresh record highs over the past month. While recent gains have been …
US calls out ‘dangerous’ Chinese helicopter maneuvers as tensions rise over South China Sea
A Chinese military helicopter flew within 10 feet (3 meters) of a Philippine patrol plane over the South China Sea on Tuesday, in what observers said was the second incident of potentially …
New Zealand must ‘reset’ Cook Islands ties after China pact, foreign minister says
New Zealand Foreign Minister Winston Peters said on Wednesday his country must “reset” its relationship with the Cook Islands government after its Pacific neighbour signed agreements with China …
Hong Kong eyes crypto derivatives, margin lending in digital asset push
Hong Kong is considering approving new cryptocurrency and virtual assets products as derivatives and margin lending for certain investors in those products, according to the city’s financial regulator …
