Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin, the world’s largest, documents released by New York’s Attorney General show.
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China’s Xi tells Bill Gates he hopes US-China friendship will continue
Xi Jinping called Bill Gates “an old friend” and said he hoped they could carry out activities together beneficial to both China and the United States, in the Chinese president’s first meeting with a foreign…
Biden wanted to speak with China’s Xi after U.S. shot down surveillance balloon
Top national security advisers talked the president out of making a call, arguing the Chinese leader was too angry and it could “look like Biden is pleading for talks.”
China’s top naval scientist proposes a Star Wars-style ‘supership’ to convert nuclear energy to kinetic force weapons
Breakthroughs in electromagnetic launch technology pave the way for a nuclear-powered warship to carry rail gun, laser and high-powered microwave: Ma Weiming Researchers do not say when the supership will be built,
Xi tells Bill Gates China is willing to engage in tech cooperation
President Xi Jinping said China is willing to work with the world on technology innovation and global challenges including pandemic prevention during a meeting with American billionaire Bill Gates. “You are the first American friend…
China eyes Blinken’s visit with low expectations
In 2018, former Secretary of State Mike Pompeo visited China. Post this, Joe Biden and Xi Jinping met in Bali in November 2022, where they agreed to try to prevent tensions from soaring out of…
Exports to China soar 13% on bumper May
Cambodian goods exports to mainland China reached US$588.800 million in the first five months of 2023, up 13.27 per cent year-on-year from $519.821 million and up 18.25 per cent half-on-half (compared …
US chip giant Micron to invest $600 mn in China plant
US chipmaker Micron said Friday it would invest more than $600 million in a packing and testing factory in northern China, less than a month after Beijing banned its chips from critical infrastructure …
As Blinken Heads to China, a Wall of Suspicion Awaits Him
Even as Beijing prepares for a visit by the secretary of state, China’s leader has made clear his expectations of more hostile superpower competition.
China Takes Next Step in Currency Globalization, With Some HK Stocks Priced in Yuan
China’s gradual internationalisation of its currency will shift to its next leg on Monday when about two dozen Chinese companies start trading in their home currency in Hong Kong’s stock market. Hong …
China Ends 22-Year Ban on Polish, Belgian Beef
China has lifted the import ban on deboned beef aged under 30 months from Poland and Belgium that it imposed more than 22 years ago after mad cow disease was found in those countries. The…
Syngenta gets IPO greenlight from Shanghai Stock Exchange
Swiss agrichemicals and seeds group Syngenta’s initial public offering (IPO) application has passed a review by the listing committee of the Shanghai Stock Exchange, a filing posted on the exchange …
Syngenta gets the nod to launch US$9.1 billion Shanghai IPO, anchoring the world’s biggest stock sale this year in China’s commercial hub
Shanghai exchange approves Syngenta’s US$9 billion mainboard listing Syngenta plans to sell as many as 2.78 billion yuan-denominated shares to fund a slew of activities, including R&D, acquisitions …