Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters … Chinese yuan,” Dorsey said during an event in Italy. “[The U.S. dollar and China’s yuan] are two …
Featured Posts Title
Why Panama Canal sparked war of words between China and the Americas
Why Beijing now wants its spies executed in Taiwan back in the spotlight
Counting gains from Beijing, Taiwanese opposition leader Cheng Li-wun eyes US trip in June
China was the birthplace of recreational drones. Now you can’t buy one in Beijing
Beijing backs Cuba, Brazil slams BYD slave labour conditions: Latin America relations reads
Why Beijing now wants its spies executed in Taiwan to come in from decades in the cold
China has now dropped tariffs on imports from every African country except one
Recent Posts
‘Replace The U.S. Dollar’—Legendary Tech Billionaire Issues Shock Bitcoin Prediction Amid Ethereum, XRP And Crypto Price Swings
Philippines Says Manila, Beijing Agree To ‘De-escalate’ South China Sea Tensions
Beijing insisted its coast guard behaved in a “professional and restrained” way and blamed Manila for the clash. The Philippines foreign affairs undersecretary Theresa Lazaro and China’s vice foreign minister Chen Xiaodong had “frank and…
Global Digital Economy Conference 2024 kicks off in Beijing
A visitor (front) tries a VR device during the Global Digital Economy Conference 2024 (GDEC 2024) in Beijing, capital of China, July 2, 2024. Themed on “Opening Up a New Era of Digital Intelligence, Sharing…
China’s bank branches, ATMs dwindle amid e-payments and cashless shift
Some bank customers in China have been warned about trying to withdraw the daily limit of 20,000 yuan without making an appointment to ensure that their branch has the cash on hand.
China’s attempt to rein in government-bond rally will only slow it temporarily: analysts
Even with intervention, changing the incentive for investors seeking stable yield could prove challenging,’ Natixis analyst says.
China’s Shake-Up of Emerging Beauty Brands to Intensify in 2024, Insiders Say
Under the current circumstances, the entire industry will be reshuffled in a cycle of two to three years, industry insiders said to Yicai. Some enterprises that adjust their products will grow but …
JPMorgan, UBS, Morgan Stanley, And Other Investment Banks Scale Back China Operations Amid Falling Profits And Market Challenges
In response to a sluggish economy and regulatory modifications, Western banks have significantly reduced their investment teams in China. What Happened: The investment banking workforce of Western …
Tim Hortons parent Restaurant Brands boosting presence in China
Restaurant Brands International says it’s spending up to $45 million to boost its presence in China and spur growth in what the company sees as a promising market.
The Dragon and Phoenix: How Beijing is Winning Battles in Its “Peaceful War” with the United States
Beijing has discretely employed a “red thread” of dragon and phoenix strategy to compete in the sea and air with its global rival—the United States. Following the Chinese mythology of the invisible red thread—which connects…
Hong Kong professor calls China’s crypto mining ban ‘unwise’, suggests opening up to digital assets
A professor at HKUST has questioned the logic of China’s cryptocurrency mining ban, suggesting that the government should embrace virtual assets amid geopolitical risks.
China’s top EV makers, Li Auto, Xpeng, and Nio, achieve strong sales despite discounts.
China’s top three premium electric vehicle (EV) manufacturers, Li Auto, Xpeng, and Nio, have demonstrated strategic business acumen. Despite the necessity for discounts and incentives, these companies …
Tim Horton’s parent company inks two deals to bolster presence in China
Restaurant Brands International says it’s spending up to $45 million on two deals intended to boost its presence in China and spur growth in what the company sees as a promising market. The parent …
Russia seeking China’s help to develop Arctic shipping route – is it worth it for Beijing?
Russia is seeking China’s help in developing an Arctic sea route that could almost halve the journey time between Europe and Asia, although the heightened geopolitical risk and Moscow’s suspicion …
