With the dawn of web3 and more brands making metaverse plays, China is proving to be fertile ground for NFTs and virtual experiences.
Recent Posts
Protests in Shenzhen as China puts it into snap lockdown over Covid cases
Hundreds of Chinese residents in the southern city of Shenzhen have taken to the streets to demand an end to coronavirus lockdowns in a rare public protest agai …
Harris calls China’s behavior ‘disturbing’ and reiterates US support for Taiwan in speech
Vice President Kamala Harris on Wednesday accused China of “undermining key elements of the international rules-based order” and called its behavior in the East China Sea, South China Sea and …
China property shares, bonds slump as CIFI default report adds to sector woes
Investors dumped shares and bonds of Chinese property developers on Wednesday, after a media report that CIFI Holdings (Group) Co had defaulted added to worries over the crisis-stricken real estate …
Will ‘deepen our unofficial ties’ to Taiwan: Kamala Harris on China provocations
Kamala Harris said the United States would in response “deepen our unofficial ties” to the disputed island that China views as part of its territory.
China Central Bank Launches Relending Facility to Support Equipment Upgrades
China’s central bank said on Wednesday it has set up a relending facility with a more than 200-billion-yuan ($27.59 billion) quota to support equipment upgrades in manufacturing and other sectors. The …
China’s yuan ends at weakest since global financial crisis, hits record low offshore
China’s onshore yuan extended losses on Wednesday to end the domestic session at its lowest level against the dollar since the global financial crisis of 2008, while the offshore yuan hit a record low …
China’s offshore yuan hits record low against strengthening dollar
China’s yuan tumbled against a rising dollar in early deals on Wednesday, with its offshore trades dropping to a record low, pressured by expectations for more Federal Reserve rate hikes.
China’s yuan sinks to record low against the dollar
China’s yuan has tumbled to a record low against the US dollar in offshore trading, joining a host of currencies experiencing sharp declines against the greenback. The offshore yuan, which is traded …
Hong Kong’s largest IPOs for 2022 set to open in the red on Thursday
Chinese electric vehicle maker Zhejiang Leapmotor Technology and China Vanke , unit Onewo Inc shares, two of Hong Kong’s largest inital public offerings (IPO) of 2022, are set to open in the red, …
Authorities in China investigate video of officials dumping rice and eggs during Covid-19 lockdown
Viral video shot in northern Jiamusi city sparked public anger and state media commentary about perceived abuse of power and food waste.
China Telecom Honoured with Three Awards including “Overall Most Outstanding Company in China” by Asiamoney
China Telecom Corporation Limited (“China Telecom” or “the Company”; HKEx: 00728; SSE: 601728) is pleased to announce that the Company was voted by investors as the “Most Outstanding Company in China …
China’s yuan slides to 14-year low after US rate hikes
China’s yuan fell to a 14-year low against the dollar Wednesday despite central bank efforts to stem the slide after U.S.