The Shanghai Second Intermediate People’s Court recently ruling described bitcoin as a “unique and non-replicable” asset in a strategic legal move that redefines China’s anti-crypto stance. The …
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‘Alarm Bells For Crypto’—Leak Reveals Joe Biden Could Be About To Issue a Game-Changing Executive Order And Trigger Bitcoin Price Chaos
Following China’s 2021 bitcoin mining ban … and energy as scarce national resources and therefore zero sum—particularly [with respect to] crypto,” Grieve said, speculating that bitcoin mining could …
Bitcoin gains legal recognition as digital currency in Shanghai China
Despite a hostile national policy in China, several courts in the country over the years have recognized Bitoin and other digital assets as legal properties protected by law.
Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong
Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong.
UBS and China’s ICBC to explore banking, wealth management ties
Swiss banking group UBS said on Tuesday it had signed a memorandum of understanding with the world’s largest lender by assets, Industrial and Commercial Bank of China (ICBC) , , to explore …
China and Europe try to dial down trade tension
China and the European Union have agreed to exchange information on export controls as part of efforts to dial down tension over trade imbalances and geopolitical issues.
Alibaba’s Cainiao files for US$1 billion IPO, helping Hong Kong to land the world’s second-biggest listing of 2023
The logistics company’s plan to sell US$1 billion shares would be second only to the recent US$5 billion listing of SoftBank-owned chip maker Arm It would also be the city’s first billion-dollar …
Macron Is Pushing Europe Into $900 Billion Fight With China
The European Union’s new, tougher approach to China is being shaped by French concerns that Beijing’s trade practices have started to pose a critical threat to core industries.The government in Paris …
China, Thailand, Vietnam imports shrank 25% from Jan-Aug: GDCE
China, Vietnam and Thailand, three major markets which Cambodia imports from, shipped more than $11.5 billion worth of goods here, making up around 70.8 per cent of Cambodia’s total imports of $16.3 b …
Mercedes, BMW, Porsche stand to lose most in EU-China tariff row
China is the biggest destination for Germany’s most expensive vehicles such as the Mercedes S-Class, BMW 7-Series and Porsche Cayenne SUV. Those vehicles are in the line of fire if Beijing retaliates …
China’s trade struggles back on world’s radar
China’s ongoing trade complexities with global partners have once again caught international attention. With bold moves affecting top bankers and stern warnings from EU leaders, the world’s …
China’s Rice Exports to Ivory Coast Hit Record After India Curbs
China exported a record volume of rice to the Ivory Coast last month after India implemented restrictions on its shipments of the grain.
Slowing, Graying and in Debt, Can China’s Industrial Heartland Be Revived?
China, facing an economic slump, wants to make its industrial northeast more productive, turning to policies that some economists say have outlived their time.
