As the world’s factory, China cornered the market on bitcoin mining, leading to a flurry of crypto business activity before a harsh crackdown in 2021.
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China Nov manufacturing activity expands for second straight month
BEIJING, Nov 30 (Reuters) – China’s manufacturing activity expanded for a second straight month in November, an official factory survey showed on Saturday, supporting policymakers’ optimism that …
China resumes visa-free scheme for short-term Japan visitors
China restarted its unilateral visa-free arrangement for short-term Japanese visitors on Saturday, allowing stays of up to 30 days in a move believed to be aimed at promoting tourism and trade amid a …
China’s Supreme Procuratorate Outlines Crypto Focus in New AML Law
Procurator-General Ying Yong of China’s Supreme People’s Procuratorate emphasized combating crypto laundering under the revised AML Law.
Trump has assembled a team of China hawks. How will Beijing respond?
One called China an “existential threat.” Another called for a “whole-of-society effort” to confront China and was sanctioned – twice – by Beijing. A third claimed the Chinese military was …
China is on edge after Trump’s talk of tariffs
Beijing’s commerce ministry said tariffs wouldn’t ‘solve America’s own problems.’ Investors are taking a wait-and-see approach.
China Offers Surprise Response to Tadashi Yanai’s Comment About Xinjiang Cotton
A Chinese government spokesperson took a softer stance on the hot-button issue, and said businesses that source and manufacture in China “should not be swayed by political pressure.” …
China’s consumption is ticking up, but can it be sustained?
Whether it can be sustained depends a lot on the real estate slump. Most household wealth in China is invested in property. These days, homeowners don’t feel rich. Gu and her husband each bought a…
Exclusive: HSBC pulling back from China credit card business after struggling to expand
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world’s second-largest economy, …
Trump’s Crypto Project Was a Bust Until Justin Sun Stepped In
Donald Trump’s crypto project, World Liberty Financial, was looking like a bust. The president-elect and his sons had been promoting its cryptocurrency for weeks, saying it would “make finance great …
Drawing lines in the South China Sea: What Beijing’s new claims over a disputed coral reef mean
Earlier this month, China declared new “baselines” around Scarborough Reef, a large coral atoll topped by a handful of rocks barely above sea level in the South China Sea.
Beijing court sentences journalist to seven years
A Beijing court has sentenced Dong Yuyu, a former journalist for a Chinese state-run newspaper, to seven years in prison on charges of espionage, his family said Friday.
Shiseido to focus on key brands to rebuild China business, group performance
Japanese cosmetics giant Shiseido says it will focus on its core brands over the next two fiscal years in a bid to turn its business around. Sluggish sales in China and at duty-free shops both…
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