The price of bitcoin hit record highs in 2021 thanks to support from traditional finance, but cryptocurrency specialists are struggling to predict 2022’s outcome for the volatile sector.
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Outlook for China’s Economy in 2022
Peiqian Liu, China economist at NatWest Markets, discusses Chinese growth and her outlook for the economy in 2022. She speaks on “Bloomberg Daybreak: Asia.” (Source: Bloomberg) …
International firms worry as China’s food import law kicks in
Getting wine, chocolate, and coffee into China could get even harder from January 1, with new import restrictions adding fresh hurdles for foreign companies bringing products into the world’s largest …
What’s ahead for crypto and blockchain in 2022? Experts Answer, Part 2
We’re going to see more countries adopting crypto as a legal currency. We’re also going to see central governments coming out and taking their own currencies and putting them on a blockchain. China …
China starts 2022 with worst tally of Covid cases for any 7-day period
China welcomed the year 2022 with the worst tally of Covid-19 cases for any seven-day period since subduing the country’s first epidemic nearly two years ago.
China outlines vision for four mega data centre clusters
China has approved plans to build four mega clusters of data centres in the country’s north and west with the aim of supporting the data needs of Beijing and major coastal centres, according to the…
China’s star manager hopes for redemption as all 4 funds with US$16 billion in assets suffered losses in 2021
The days of easy money may be over as investors struggle to overcome a torrent of regulatory crackdowns. Zhang Kun will be banking on policy-easing momentum and stock valuations to redeem himself in …
It’s China vs. Walmart, Latest Western Brand Entangled in Human Rights Dispute
Western businesses face a geopolitical situation similar to what followed the 1989 Tiananmen Square massacre, but with more at stake.
More than 70 per cent of new Hong Kong listings ended 2021 below their IPO price, hit hard by Beijing’s tech crackdown
Eight of the 10 largest IPOs in Hong Kong last year would have delivered losses to investors who held the shares until the end of the year The only winners among the large IPOs were…
China Everbright Water bags $67.6m wastewater treatment project in Shandong
Environmental services company China Everbright Water has bagged a wastewater treatment project at the Ji’nan International Centre for Medical Sciences in Shandong, China worth 319.5 million yuan …
Indonesia closes coal cargo shipment services following coal export ban
Indonesia’s Ministry of Transportation has temporarily closed all cargo services of exported coal, following the government’s decision to ban January’s exports of the commodity due to concerns over …
E-commerce localisation and local production key to staying competitive in China’s crowded cosmetics market
As online sales grow, international cosmetics brands should consider moving their production to China to shorten the supply chain, advises EY’s consulting arm.
China developers stare at a $197-bn problem as debt and wages pile up
The industry will need to find at least $197 billion to cover maturing bonds, coupons, trust products and deferred wages to millions of migrant workers …
