Chinese policymakers have pledged to take measures to cool red hot commodity prices and prevent them being passed on to consumers …
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China Will More Than Double Millionaires by 2025, HSBC Says
China will more than double the number of millionaires in the next five years and boost the size of the middle class by almost half, spurring consumption in the economy, according to HSBC Holdings Plc…
Bitcoin and other cryptocurrencies can still be bought in China after Beijing’s latest crackdown
Chinese individuals could still buy bitcoin and other cryptocurrencies and trade them on overseas exchanges on Thursday.
China’s push for the digital yuan brings with it uncertainties, says BNP Paribas
China’s central bank has been working on the digital yuan which aims to replace some of its cash in circulation.
Tencent investments push profits up 65 per cent in first quarter, as gaming and fintech units grow with Beijing scrutiny
China’s biggest social media and gaming company posted a 65 per cent rise in profit for the first quarter, beating estimates, as the company continues to face antitrust scrutiny from Beijing.
Beijing’s Crypto Crackdown Is Not New but Don’t Dismiss It
China’s crypto crackdown looks largely the same as the previous warnings but has sharpened its focus in banks and payment companies.
China vows to curb inflation risks by tackling ‘malicious speculation’ in commodity markets
The State Council has promised tougher oversight of commodity markets and more domestic supply, fearful high raw material prices could eventually be passed through to consumers.
China must give up control of yuan exchange rate to achieve internationalisation, central bank official says
Finance Research Institute, says the rate has to be determined by global market participants China’s central bank has already made it clear that it has stopped regular intervention and will let the …
Schumer tactics on China bill reveal broader trade strategy
Senate Majority Leader Charles Schumer (D-N.Y.) is frustrating members of the powerful Senate Finance Committee by largely shutting the panel out of a bipartisan bill intended to increase U.S.
China’s Industrial Commodities Slide After Beijing Warns of Market Crackdown
China’s main industrial commodities tumbled on Thursday after the government announced stepped-up measures to keep a lid on soaring raw material prices which threaten to undermine the country’s …
Bitcoin Plummets After China Bank Crackdown
Regulators in China have cracked down again on Bitcoin and cryptocurrencies. Find out what happened in China and how it might impact your investments.
China banking chief urges Beijing to give the yuan its freedom
China has been urged to release the reins on the yuan exchange rate if it’s serious about giving their currency global clout. Beijing has taken some steps towards more financial liberalisation in …
Explained: What Beijing’s new crackdown means for cryptocurrencies in China
The fresh crackdown makes it more difficult for individuals to buy cryptocurrencies using various payment channels, and could impact miners’ business by making it harder for them to exchange …
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