This is part of a series on Joe Biden’s first 100 days in office. From his first call with President Xi Jinping to an extraordinary spat between US and Chinese diplomats in Alas …
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China Set to Regulate Bitcoin Mining over Effects on Carbon Footprint
This comes after the government is allegedly concerned over the high amounts of energy consumed during Bitcoin mining.
Could the XRP Become the Digital Dollar to Rival China’s Digital Yuan?
China’s CBDC, the digital yuan, is scheduled to be launched at the 2022 Winter Olympics in Beijing. With the rise in CBDCs, Brad Garlinghouse, the CEO of Ripple, had advised Central Banks, including …
JD.com’s logistics unit gets go-ahead for up to US$4 billion IPO in Hong Kong
The logistics unit of Chinese e-commerce giant JD.com received the green light on Thursday to proceed with an initial public offering (IPO) that could raise between US$3 billion and US$4 billion on …
China’s Xi offers more help to India in message to Modi
Chinese leader Xi Jinping on Friday offered additional assistance to India in battling the coronavirus outbreak ravaging the country, putting aside a simmering rivalry and tensions along their …
China to grant 70% VAT refund for pre-2014 long-term gas imports
China will grant a refund of 70% of value-added tax (VAT) on long-term natural gas imports signed before 2014, the Ministry of Finance said in a statement on Friday, in an effort to help national…
COLUMN-Corn market bulls await bump in U.S. shipments to China -Braun
The rapid increase in feed demand from China that began last year has been a big part of why Chicago corn futures are at multiyear highs, though a little more follow-through for U.S. exports would…
Chinese companies queue up for U.S. IPO
Chinese companies played a role in the red-hot IPO market in the U.S. during the first quarter of this year as half of 36 foreign public listings in the U.S. are companies based in Greater…
JD.com logistics unit on track to deliver $4bn Hong Kong IPO
It plans to use proceeds from the IPO to upgrade and expand its network and develop its technology. China’s integrated supply-chain logistics services industry is expected to grow from 2.02 …
China orders Tencent and other big tech firms to curb their finance businesses
Hong Kong () Chinese regulators have ordered more than a dozen tech companies to fix the most “prominent problems” of their financial units, escalating a historic crackdown on the sector that has …
Global supply chain continues to shift away from China, but it remains the top sourcing location
American and European companies are gradually reducing their reliance on China, and its popularity as a sourcing market among Western buyers took a hit during the pandemic.
China’s Economic Recovery From Covid-19 Shows Signs of Slowing
Official gauges across China’s economy fell short of expectations in April, hit in part by semiconductor shortages, suggesting that the economy’s strong pandemic bounceback is starting to lose some …
SANAA designs cloud-like structure for Shenzhen Maritime Museum
Japanese architecture studio SANAA has revealed its design for a museum in Shenzhen, a collection of hemispherical forms which will be blanketed by a mesh louvred roof.
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