Bank of China: safeguarding the healthy Development of the Real Estate Market] the meeting stressed that we should adhere to the strategy of expanding domestic demand, do a solid job of “six stability …
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China’s Latest Attempt to Ban Crypto May Further Prove Benefits of Decentralized, Immutable Assets: Report
Although investors have started to expect a selloff after news of another Chinese crypto ban, the market has “historically recovered,” the report added. As noted in Grayscale‘s report: “For those …
World Bank says Delta variant slowing economic growth in East Asia and Pacific
The East Asia and Pacific region’s recovery has been undermined by the spread of the Covid-19 Delta variant, which is likely slowing economic growth and increasing inequality in the region, the World …
Cryptocurrency Exchanges Curb Trading From China After Beijing’s Warning
One of the world’s largest cryptocurrency exchanges said it would close all user accounts in mainland China by the end of the year, days after the country’s central bank declared all crypto-related …
Beijing Cautiously Backs Taliban’s Hopes Of International Recognition In Afghanistan
China has emerged as a pragmatic backer of the Taliban’s nascent rule and pushing to get the group more political and economic support.
China’s regulatory blind spots and supply-chain finance risks
This could be Beijing’s worst blind spot yet. At over 1,100 listed companies in China’s industrial and manufacturing sectors, receivables are piling up; cash conversion cycles are getting longer (that …
China’s central bank says it will protect consumers as another payment deadline looms for Evergrande
The central bank did not explicitly mention Evergrande, though it was seen as among the most pointed signs authorities could help contain a collapse.
China steps up anti-corruption drive as Evergrande crisis puts spotlight on financial risk
The Central Commission for Discipline Inspection will audit 25 organisations as part of an anti-corruption drive aimed at preventing ‘systemic financial risk’.
Beijing, Brussels Set to Issue Common Standards for Sustainable Finance This Year, PBOC Official Says
China and the EU are expected to publish the first set of common classification standards for sustainable finance by the end of this year, a move that aims to make it easier for companies to…
Cryptocurrency exchanges scramble to sever ties with Chinese investors after Beijing’s ban
Huobi Global and Binance, two of the largest exchanges globally and popular with Chinese users, stopped new registrations of accounts by mainland customers.
Cryptocurrency exchanges scramble to drop Chinese users after Beijing’s ban
SHANGHAI: Beijing’s new blanket ban on all cryptocurrency trading and mining – the broadest yet by a major economy – has sent crypto exchanges and service providers scrambling to sever business ties …
China central bank says to safeguard legitimate rights, interests of housing consumers
The People’s Bank of China (PBOC) said on Monday it would safeguard the legitimate rights and interests of housing consumers. In a statement on its website, the PBOC also said it would make its …
China’s Evergrande Threatens Trouble On Both Sides Of The Pacific
The picture is too much like the beginnings of America’s 2008-09 financial crisis to ignore or treat with half measures.
