Despite a slew of support measures and policy easing since last year, China’s cooling economy is still struggling to get back on firm footing, and last month’s sudden escalation in U.S.-Sino … ( read original…
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China economists expect interest rate, RRR cuts in coming weeks: China Daily
China’s broad money supply and new yuan loans grew more slowly … Last month, the PBOC stepped up efforts to increase loan growth and business activity, announcing a three-phase cut in regional banks … (…
China launches Nasdaq-style tech board in Shanghai
SHANGHAI (Reuters) – China announced on Thursday the formation of a Nasdaq-style tech board, the Star Market, based in Shanghai. China’s top securities regulator Yi Huiman announced the new … ( read original story …)
China economists expect interest rate, RRR moves in coming weeks: China Daily
SHANGHAI (Reuters) – China is expected to adjust money and credit supplies in coming weeks, including cuts to interest rates or reserve ratio requirements, in order to counter “downside risks”, the … ( read original…
In Battle for Hong Kong, the Field Has Tilted Toward Beijing
HONG KONG — An attempt by Beijing’s hand-selected chief executive in Hong Kong to push through a bill seen as a threat to civil liberties. A defiant crowd of hundreds of thousands marching against it.…
Beijing snubbed Trudeau’s request to talk with Chinese premier about detainees
Beijing ignored a personal attempt by Prime Minister Justin Trudeau earlier this year to arrange a conversation with China’s premier in order to intervene on behalf of Canadians detained in China, CBC … ( read…
Blockchain and Cryptos: Does China Need Both to Grab the Global Crown?
China, is probably the only country that supports blockchain technology but is unwilling to embrace cryptocurrencies. Early this year, this Asian country banned crypto-related activities due … ( read original story …)
Crypto Bank BabelFinance Reports Lending has Topped $124 Million, Predicts $1 Billion in Issued Loans by the End of the Next Crypto Bull Run
According to a note from the company, BabelFinance expects to hit “$1 billion in issued loans by the end of the next crypto bull run.” BabelFinance is regulated in Hong Kong holding an “internet small…
Amazon tops most valuable brand list
Last year, there were 14 Chinese brands on the list. “Alibaba, the new China No. 1, also has been expanding its ecosystem massively to food delivery, to video streaming, to social commerce and many, ……
China has Immense Demand for Cryptos
Think China is hopeless when it comes to crypto adoption? Think again. Despite Beijing’s iron hand, many Chinese citizens want cryptocurrencies and digital tokens. It shows that capital controls … ( read original story …)
Mary Meeker’s 2019 Internet Trends report highlights China’s short-form videos and super apps
Internet leaders in China can continue helping companies in other countries find ways to engage their users, the way WeChat launched features, including mini-programs and e-commerce, that are now … ( read original story …)
In the Battle for Hong Kong, Field Has Tilted Toward Beijing
HONG KONG — An attempt by Beijing’s hand-selected chief executive in Hong Kong to push through a bill seen as a threat to civil liberties. A defiant crowd of hundreds of thousands marching against it.…
Why Hong Kong protesters are afraid of China’s creeping ‘justice’
The proposed law would allow China to extradite Hong Kong citizens to the mainland on criminal charges punishable by seven or more years in prison. However, critics worry the law will be used to ……