For now, US dollar-denominated stablecoins account for more than 99 per cent of the global market, reflecting its role as the default currency for international trade and financial settlement. The …
Tagged By beijing
China’s snaps 4-month consumer decline but factory price deflation deepens
Consumer prices in China rose slightly in June, official data showed on Wednesday, snapping a four-month decline even as factory gate prices were bruised by a fierce trade war with Washington. In a …
China imposes export ban on companies tied to Taiwan’s military
China has imposed export controls on eight companies tied to Taiwan’s military as the self-ruled island began annual military exercises.
Chinese hacker arrested, charged with stealing U.S. COVID-19 research
Italian authorities arrested a Chinese national accused by the United States of working at the direction of Beijing to steal COVID-19 vaccine research from U.S. universities, immunologists and …
5 stocks start trading in Hong Kong with gains, marking HKEX’s busiest day yet in 2025
Hong Kong’s stock exchange had its busiest day of the year for new listings on Wednesday as five mainland Chinese companies made their debuts, cementing the city’s position atop the global ranking for …
Vehicle prices in China are spiraling down. What that means for tariffs
The average car price in China is around $22,900 (165,000 yuan). BYD Co. Ltd., the world’s largest EV maker, announced discounts of 30% or more on 20 models in late May. Its budget-friendly electric …
How US buyers of critical minerals bypass China’s export ban
Unusually large quantities of antimony – a metal used in batteries, chips and flame retardants – have poured into the United States from Thailand and Mexico since China barred U.S. shipments last year …
Hear audio from 2024 fundraiser where Trump said he threatened to bomb Moscow and Beijing
CNN’s Kaitlan Collins speaks with the authors of a new book that reveals President Donald Trump told a private gathering of donors in 2024 that he once sought to deter Russian President Vladimir Putin …
Exclusive-How US buyers of critical minerals bypass China’s export ban
By Alessandro Parodi, Lewis Jackson, Ashitha Shivaprasad and Sherin Elizabeth Varghese BEIJING (Reuters) -Unusually large quantities of antimony – a metal used in batteries, chips and flame retardants …
China’s factory-gate deflation worst in 2 years amid weak demand, trade risks
China’s producer deflation deepened to its worst level in almost two years in June as the economy grapples with uncertainty over a global trade war and subdued demand at home, piling pressure on …
China’s producer prices fall 3.6% in June, biggest drop in nearly two years as deflation deepens
The deflation in producer prices came worse than the expected 3.2% drop in a Reuters poll, marking the biggest fall since July 2023, according to LSEG data.
China’s consumer prices rise for first time in five months
China’s consumer prices rose for the first time in five months in June while producer deflation worsened, as the economy grapples with uncertainty over a global trade war and subdued demand at home.
I’m an American who moved to China. After 7 years, I run a profitable startup and make friends through badminton.
While studying at MIT, Joshua Charles Woodard realized that being fluent in Chinese and knowing how to build products would be a killer combination.
