The economy of China’s capital Beijing took a hit in April as authorities wrestled with a new COVID outbreak, telling residents to avoid going out or work from home and halting many businesses. Retail …
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China may have massive underground bitcoin mining operations despite ban last year, Cambridge data shows
China has re-emerged as a major bitcoin mining hub, despite the country’s complete ban on the practice a year ago, according to data from the Cambridge Centre for Alternative Finance (CCAF …
China bonds offers diversification to investors
It may be important to also look at real yields in the current inflationary environment, as investors may care about achieving positive real returns. While China treasuries’ coupon income may become …
China’s underground Bitcoin mining operations are thriving despite ban, data shows
China is back again as a key center for Bitcoin mining, despite the country outright banning the activity one year ago.
Bitcoin Mining Appears to Have Survived Ban in China
China is once again contributing a significant chunk of the world’s bitcoin mining operations despite the ban last year, according to the Cambridge Centre for Alternative Finance (CCAF).
North Korean planes pick up medical supplies in China – media
North Korea has sent aircraft to China to pick up medical supplies days after it confirmed its first COVID-19 outbreak, media reported on Tuesday.
EXCLUSIVE U.S. Treasury’s Yellen and trade czar Tai at odds over China tariffs
President Joe Biden will have to resolve a heated internal debate among his aides over whether to cut taxes on goods from China as his administration tries to battle inflation, according to two U.S.
Luxury Brands Are Counting on Americans to Keep Spending
With parts of China in lockdown, brands need demand in the U.S. to stay high. But the less-wealthy shoppers who powered last year’s boom now have less cash to splash.
China’s economy will return to normal soon: NDRC official
China’s economy will return to normal track soon as efficient COVID-19 control measures and pro-growth policies gradually produce intended effects, said Meng Wei, spokesperson for the National …
China Offers Property-Buying Perks to Families With Three Kids
Chinese cities are making it easier for families with more children to own multiple properties, as authorities struggle to revive the housing market and boost birth rates.
Analysis-China Faces Uphill Battle to Repeat 2020 Miracle as Exports Falter
That outlook contrasts sharply with 2020, when China’s economy roared back from its a deep pandemic-induced contraction, thanks to a combination of stimulus and surging exports as locked-in global …
Global Car Sales To Fall, Spooked By Russian Invasion, China’s Shutdown
shipping export to worldwide. Global car sales were supposed to rally this year as manufacturers dragged themselves out of the coronavirus mire, but a combination of Russia’s invasion of Ukraine, …
COMMENTARY: China ‘trade war’ tariffs
Inflation is rising, but 73% of American voters support higher prices on China goods. Yet, with Trump Derangement Syndrome as real as COVID, some members of Congress aren’t interested in …