In a groundbreaking move, the People’s Bank of China (PBoC) has included a dedicated section on cryptocurrency assets in its latest financial stability report. The report marks the first instance …
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China’s Central Bank addresses crypto regulation in new financial stability report
China’s Central Bank Prioritizes ‘Crypto Asset’ Regulation Amid Rising Risks
China’s central bank increases its focus on crypto assets amid global risks, emphasizing international cooperation and regulatory overhaul.
China central bank urges the world to jointly regulate crypto
The People’s Bank of China has addressed issues related to regulation of cryptocurrencies and decentralized finance (DeFi) in its latest financial stability report. The People’s Bank of China (PBoC) …
China’s Maritime Militia: The ‘Gray Zone’ Force in the South China Sea
The maritime militia fleet is the vanguard of Beijing’s strategy to reshape the geopolitical landscape in the region, experts say, with its blue-hulled ships a frequent sight at territorial standoffs …
Tencent Rocked by China’s New Boss Level
Beijing’s internet clampdown isn’t done yet, wiping tens of billions of dollars off the value of games companies, but the damage is hard to quantify.
China: Scholz Will Regret Confiscating Russian Assets, Putin Prepares a Surprise
Orthopedic surgeon John Abraham’s victory marked the largest-ever verdict under Title IX, the federal law prohibiting sex discrimination at schools that receive federal funding. It was also the first …
China to ‘appropriately’ strengthen proactive fiscal policy in 2024: minister
BEIJING — China will continue to implement its proactive fiscal policy by “appropriately” strengthening it to improve its effectiveness in 2024, according to Minister of Finance Lan Fo’an. The …
Global financial institutions double down investment in China as nation aims for becoming a financial powerhouse
In 2023, the high-quality development of China’s financial sector achieved notable progress. Many foreign financial institutions have doubled down their investment in China amid the country’s …
We won’t let there be war with China, Taiwan VP frontrunner says
Taiwan’s ruling party will not let war break out with China, but it is China that is to blame for stirring up tensions, Taipei’s former top diplomat in the United States and now frontrunner to…
China: Outrage over doctor punching patient during surgery
Chinese authorities are investigating a hospital over an incident where a surgeon allegedly punched the patient he was operating on at the time. It was captured in a clip that went viral on Chinese social…
China’s Xiaohongshu on track for 2023 net profit
CHINA’S Instagram-like social platform Xiaohongshu Technology will book a profit this year, according to people familiar with the matter, signalling its e-commerce venture is paying off. Read more at …
Shares in Tencent and NetEase plunge after Beijing surprises investors with new spending limits for video game players
Qilai Shen—Bloomberg via Getty Images China’s video gaming industry thought it had made it through Beijing’s government crackdown. Regulators have taken a more friendly approach to the industry over …
China’s biggest banks lower deposit rates for third time in 2023 with eye on improving profitability
Lower deposit rates should help alleviate pressures on banks’ margins and lay the groundwork for the People’s Bank of China to cut its policy lending rates in January, Nomura analysts say The average …
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