It’s been a whirlwind of a week for the Asian crypto industry. Every time you think the cryptoverse has exhausted its supply of adrenaline-pumping news, Asia steps up to the plate and says, “Hold my…
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What the U.S. commerce chief is talking about with China
The latest buzz in international politics centers around the U.S. Commerce Secretary Gina Raimondo’s recent trip to Beijing. Intending to bridge the widening gaps between the two economic behemoths, …
EV maker BYD buys US firm Jabil’s China manufacturing business for $2.2 billion
(Reuters) -Electric vehicle maker BYD Co Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc’s Singaporean unit to buy its product manufacturing business in China …
Biden admin seeks to boost tourism, trade with Raimondo’s China visit
Commerce Secretary Gina Raimondo is on a four-day trip aimed at boosting trade ties between the U.S. and China amid economic and geopolitical disputes between the two countries.
China’s Worsening Economic Slowdown Is Rippling Across the Globe
China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world.
As China’s economy continues to struggle, young people are choosing to become ‘full-time children’
With her newly founded clothing company struggling amid China’s economic downturn, 31-year-old Zhang Jiayi decided to join the trend of young Chinese adults becoming “full-time children”.
China halves stamp duty on securities transactions to increase investor confidence
China will witness a 50% reduction in stamp duty on stock transactions, marking the first such decrease since the 2008 global financial crisis. This decision is part of the government’s recent efforts …
Commerce Secretary Gina Raimondo visits China in bid to promote ‘healthy competition’
Commerce Secretary Gina Raimondo is the latest member of President Joe Biden’s Cabinet to visit China as his administration tries to mend the deteriorating ties between the world’s two largest …
U.S. Commerce Secretary Faces a Wide Range of Issues in China
The secretary said she planned to discuss U.S. technology controls, commercial disputes and opportunities for doing more business in her visits to Beijing and Shanghai this week.
Raimondo Seeks to Seize Moment With China Visit Focused on Business
US Commerce Secretary Gina Raimondo is in China this week with an aim to improve communication and promote healthy competition, as Washington seeks to expand business ties between the two largest …
Biden’s commerce secretary is the latest Cabinet member to visit China in a bid for improved ties
Commerce Secretary Gina Raimondo is the latest member of President Joe Biden’s Cabinet to visit China as his administration tries to mend the deteriorating ties between the world’s two largest …
Bitcoin’s most faithful are staying put despite the crypto market’s recent weakness
higher U.S. real yields and growth concerns about China ,” but that it ” sees limited downside for crypto markets over the near term.” Trading data also shows long-term investors haven’t been easily …
China Cuts Stock Trade Tax, Tightens IPOs to Boost Market
The China Securities Regulatory Commission cited “recent market conditions” as its rationale for slowing the pace of IPOs, without giving details on how it would do so. The CSRC also said restrictions …
