China stepped up its drive to rein in steel production and fight rocketing iron ore prices by canceling import taxes on some steelmaking materials and raising costs for exporters. Import fees on pig …
Tagged By blockchain
Why Should We Care About Digital Currencies? China | Opinion
Beijing has spent years creating a digital version of the Yuan, and through it, seeks to control its citizenry, export digital authoritarianism and threaten the U.S. dollar as the world’s reserve …
SafeMoon Raises $1m for Crypto Exchange As Price Tumbles 60% From All-Time High
SafeMoon, a cryptocurrency launched last month, has released few details about its plan to set up an exchange.
Best Crypto Mining Stocks to Buy or Watch Now
Having doubts investing in crypto? Try crypto stocks instead. Here are the best six cryptocurrency mining stocks to buy or watch in 2021.
China Telecom profit jumps
China Telecom started 2021 with double-digit gains in profit and revenue and continued gains in 5G package customers.
DND stands up to China: You have ‘no business’ telling PH what to do in its EEZ
The Philippine Department of National Defense (DND) on Wednesday (April 28) issued a strongly-worded statement telling China it cannot dictate what the Philippines does in its …
DND: China has no business telling PH to stop maritime patrols
The Philippines’ Department of Defense (DND) fired another shot at China following the latter’s statement that called for a stop to actions “complicating the situation,” in reference to Manila’s …
China Life: Q1 Earnings Snapshot
China Life Insurance Co. (LFC) on Wednesday reported first-quarter earnings of $4.41 billion. The Beijing-based company said it had net income of 78 cents per share. The life insurance company posted …
EU Pushes Back on China With Powers to Thwart State-Backed Firms
The European Union is looking to strengthen its hand against the growing economic threat posed by China, with new powers targeted at foreign state-owned companies.
China auto industry body launches data platform for smart cars
China’s top auto industry body China Association of Automobile Manufacturers (CAAM) said on Wednesday that it has launched an auto data storage platform, using blockchain technology, for smart cars.
China Is Probing Ant’s Speedy Listing Process After Halting IPO
Chinese authorities are probing the speed with which Ant Group Co.’s ill-fated listing was approved, according to people familiar with the matter.
China’s Huawei Says Sales Down 16.5% Amid US Sanctions
Embattled Chinese tech giant Huawei says its revenue fell in the first quarter of 2021 after it sold its lower-priced Honor smartphone brand but profitability improved.
Starbucks faces more competition from local beverage brands in China, its biggest market outside the U.S.
Entry of new competitors to the specialty coffee market in China” was one of the business risks Starbucks listed in its annual report filed in November. BEIJING — Investors in China are stepping up …
