A new report from blockchain analytics firm Chainalysis reveals that Hong Kong has experienced the highest year-over-year growth in cryptocurrency adoption within Eastern Asia. The report shows that …
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Hong Kong experiences largest year-over-year crypto growth in Eastern Asia: Chainalysis
Bank of China supports start-ups, SMEs in Hengqin to diversify Macau-area economy
BOC has supported start-ups and SMEs in Hengqin as part of the country’s effort to diversify Macau’s economy, a senior executive said. Bank of China has supported the expansion of start-ups and small- …
How China’s ‘Shein village’ grabbed the fast fashion supply chain
Thousands of factories depend on the retailer but rivals are putting pressure on a model based on speed and thin margins …
Cash-strapped Sri Lanka eyes China development
Sri Lanka’s economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but candidates in Saturday’s presidential election are banking on at least one of them to buck the trend.
China’s Central Bank Delays One-Year Loan Operation Again
(Bloomberg) — China’s central bank announced it will inject one-year liquidity to domestic lenders on Sept. 25, marking another delay amid a broad overhaul of its policy toolkit. Most Read from …
Makeup brand FLORTTE in hot water over penis-shaped lip gloss
Chinese makeup brand FLORTTE is receiving backlash for its new lip gloss series, ‘Little Bow Series’. On Chinese social media platform Weibo, users expressed their thoughts on the brand’s applicator …
Biden’s New Tariffs on Imports From China Aim to Make Shein, Temu Orders Costlier
Measures tightening customs waivers on low-value shipments of foreign goods going directly to U.S. consumers may undercut allegedly unfair cheaper pricing by Chinese e-commerce companies Shein and …
Oil stares at a bleak future as China’s economy sputters. The good news: A market ‘bust’ is unlikely
Lower oil prices were the dominant theme in Asia’s largest oil conference. The question was not whether oil will go lower, but mostly by how much will it decline in the coming years.
Dalio Sees ‘Real Issues’ in China, Keeps Small Exposure
Bridgewater Associates founder Ray Dalio said a small part of his family office’s portfolio remains invested in China, but pointed out that there are “real issues” in the country amid a deepening economic slowdown.
India’s IPO market stands out with 25% of global listings in early 2024, totaling over 5,450 companies.
In the first half of 2024, India recorded the highest number of mainboard-listed companies, more than 5,450 globally, which is around 25 per cent of global IPO listings.
China and Russia are ramping up joint military drills. What’s their end goal?
As Russia’s military last week launched globe-spanning drills widely seen as a show of strength directed at the United States, President Vladimir Putin made clear which country he sees as standing by …
China crypto trading thrives in ‘OTC’ market despite restrictions
Trading volume in the China-based “over the counter” market — where crypto buyers and sellers are connected directly through often concealed networks — more than tripled to $23.7 billion in the …
China’s ‘silver economy’ thrives as birthrate drops
Dairy companies that produced formula for China’s infants are now developing powdered milks for seniors. Proprietors of preschools and kindergartens are closing those facilities …
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