In 2019, former President Donald Trump proclaimed he was not a fan of cryptocurrencies because their values are based on “thin air” and they can facilitate drug trafficking and other crimes.Most Read from BloombergBlackRock Says…
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Ex-officials could get lifetime bans from lobbying for China, Russia under new bipartisan push
Shenzhen Duty Free wins Yangzhou Taizhou International Airport duty-free tender
Top US admiral says he’s watching China’s rapid naval buildup closely
Japan seeks to calm escalating dispute with China over Taiwan
Shenzhen’s Urban Design Is on Another Level
UK MPs warned about China spy threat
US Ally Braces for Economic Blow From China
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Trump Seizes on Crypto as ‘Wedge Issue’ as Donors Cheer Him On
Despite Trading Ban, Chinese State Media Cautions Against Crypto Trading Amid Bitcoin ($BTC) Rally
Chinese state media agencies have warned citizens about the risk of cryptocurrency investing despite China’s explicit ban on crypto trading. Renewed domestic interest in Bitcoin came after the world’s leading crypto by market cap reached…
How China’s massive industrial supply chain may help give rise to the ‘artificial sun’
After a recent breakthrough in nuclear fusion, experts are predicting the start of a race to dominate the ‘holy grail’ of clean energy In the eastern city of Shanghai, an experimental Chinese nuclear …
Xiaohongshu’s New Funding: Return To Old Times Or End Of A Chapter?
Xiaohongshu was valued at $17 billion in a new funding round, with DST Global, Hillhouse, Boyu Capital, and Citic Capital joining as new investors The social e-commerce company’s 2023 revenue surged …
China Market Update: Foreign Investors Buy Into Rhetoric, Mainland Buys Hong Kong Dip
Asian equities were largely higher except for Hong Kong, despite a stronger US dollar, while Pakistan was closed for Ashura, a day of commemoration in Islam.
Oil falls for third straight day after China data sparks worries over demand
Oil futures fell Tuesday, on track for a three-day losing streak, as investors worried about demand from China, the world’s second-largest consumer of crude.Price moves West Texas Intermediate crude for August delivery fell 96 cents,
Brussels may rethink China EV import tariffs for Volkswagen, BMW, sources say
The European Commission has signalled to Volkswagen and BMW that it may consider lowering tariffs on the two carmakers’ imports of China-made EVs, two sources with knowledge of the matter said.
Water group founded by China’s richest person demands apology from watchdog
Nongfu Spring criticises Hong Kong body after it said company’s bottled water hit EU limit for bromate content
Shenzhen to introduce 20 self-driving buses soon, with fare set at 1 yuan
After the recent implementation of driverless ride-hailing vehicles sparked heated discussion, a total of 20 self-driving buses will be put into operation in Shenzhen in South China’s Guangdong …
Trump’s new VP pick JD Vance brands China the ‘biggest threat’ to the U.S.: ‘We are completely distracted from it’
JD Vance is Donald Trump’s choice for vice-president, and the Ohio senator echoes the former president’s tough attitude towards China. In a Monday interview with Fox News, Vance called China the “biggest threat” to the…
Hugo Boss Latest To Warn of Grim Times for Luxury Sector
KEY TAKEAWAYS Hugo Boss shares are tumbling in German trading Tuesday after the luxury fashion retailer became the latest to warn of bad times for the high-end sector.Luxury brands have been suffering from a pullback…
Controversy arises after cosplayer is asked to remove makeup on Shenzhen metro
On Sunday, a young woman dressed in cosplay attire was stopped by a metro security officer in Shenzhen, South China’s Guangdong Province, who asked her to remove her makeup before continuing her …
IMF’s economic view: Brighter outlook for China and India but tepid global growth
The International Monetary Fund is upgrading its economic outlook this year for China, India and Europe while modestly lowering expectations for the United States and Japan. But it says worldwide …
