The US Treasury said Friday it will keep a close eye on China’s economic policies and actions to influence the value of its currency, along with those of Vietnam, Taiwan and Switzerland.
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US closely monitoring China, Switzerland curreny policies
Can China’s Developers Just ‘Lie Flat’ and Not Repay Debt?
It’s an urgent question for China’s distressed real estate developers. China Evergrande Group on Friday warned it may not have enough money to “continue to perform its financial obligations.” …
No currency manipulator labels from US, China on watch
The Biden administration will not designate any country as a currency manipulator, but it did name China, Vietnam and Taiwan among the nations that have failed to live up to global agreements not to …
China Evergrande Requests Help From Government After Warning of New Debt Crunch
The government of Guangdong, China’s province where the struggling developer is based, says it will dispatch a working group at the request of Evergrande to help the company manage its risks.
China ‘blocking Lithuanian exports’
Chinese authorities are blocking Lithuanian imports amid a row over a Taiwanese de facto embassy, a trade body from the Baltic country says.
Charlie Munger says he admires China for banning crypto
Charlie Munger, vice chairman of Berkshire Hathaway, said China made the right decision in banning cryptocurrencies. Munger is well known for his contempt for cryptocurrency, once saying he wished it …
Chinese cybersecurity company develops crypto mining monitor for government agencies
The cryptocurrency mining space, much like the rest of the cryptocurrency market, has faced a lot of upheaval in the year. The biggest change for the space was the announcement of a complete ban on…
Bitcoin Mining Has Recovered From China’s Crackdown As If Nothing Happened
Bitcoin mining has recovered from China’s crackdown. Yet BTC-USD may be weak right now due to higher mining difficulty rate and tax-related selling.More From InvestorPlace Stock Prodigy Who Found NIO …
China pledges to ‘fast track’ entry for foreign workers as frustration over strict Covid-19 border controls grow
China will improve the business environment for foreign firms, including making personnel entry easier amid strict Covid-19 border controls, Vice-Premier Hu Chunhua says.
Dalian COVID-19 outbreak creates more seafood supply-chain headaches
Factories in Dalian, a major seafood processing hub in China, have faced a monthlong COVID-19-related shutdown, and could face at least another month of closures, according to a circular issued by the …
Meta Removes Accounts Linked to COVID Disinformation Effort by China
Meta announced Wednesday it has removed over 600 Facebook and Instagram accounts linked to a Chinese influence operation.
To counter China, the Senate must confirm US ambassadors
It’s time to confirm President Biden’s ambassadors-designate to ensure the full complement of diplomatic presence, especially in those countries most lured by and vulnerable to China’s unchecked rise.
Major sports leagues unlikely to follow WTA sanction on China
The Women’s Tennis Association (WTA) sent shockwaves through the sports world this week when it suspended tournaments in China out of concern for Peng Shuai, but larger and more invested leagues are …