Chinese buyers, spooked by a protracted property slump and a recent stock-market rout, are rushing toward gold as economic uncertainty looms, propelling a global bullion rally.
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China’s CBDC Mastermind Is Under Investigation
A top CBDC veteran in China Yao Qian is reportedly under investigation by the country’s anti-graft agency for law violations.
Chinese ‘Crypto Dad’ faces government investigation
Chinese authorities have launched an investigation into former PBoC’s CBDC director Yao Qian on suspicion of law violations.
China regulator tightens scrutiny on ex-employees’ investment in pre-IPO companies
China’s securities regulator said on Friday that it would tighten scrutiny on its former employees’ investments in pre-IPO companies, a move that signals the regulator’s commitment to maintain market …
Insight: Why BYD’s EV exports sell for twice the China price
U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. But so far, China’s top EV maker, BYD, has dramatically hiked export…
Ex-Head of China’s Digital Yuan Effort Facing Government Probe: Report
Qian led a research effort by the People’s Bank of China (PBOC) to create and issue a digital yuan, a project that partly prompted other major jurisdictions around the world to also start exploring …
Woman accused of $6B scam, China loophole for Hong Kong Bitcoin ETFs: Asia Express
There’s only one way left for Chinese nationals to access the Hong Kong Bitcoin ETFs, $6B scam accused in court, and more: Asia Express.
Huawei’s smart car tech offers automakers route to China sales
It’s taken Huawei just four years to become a force in smart car technology, navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling…
China warns ‘downward spiral’ in relations could lead to ‘conflict’ with US amid growing tensions between nuclear superpowers
It sees these issues as China’s own business and argues that Washington has no jurisdiction there. Beijing immediately condemned the provision of billions of dollars to Taiwan under the new foreign …
When U.S. Diplomats Visit China, Meal Choices Are About More Than Taste Buds
Visits to China by American officials like Secretary of State Antony J. Blinken can bring fame to local restaurants, as well as scrutiny to the dignitaries.
Chinese nationals charged with conspiring to illegally export U.S. tech to China
Two Chinese nationals have been charged with conspiring to illegally export semiconductor-manufacturing machinery to a prohibited Chinese company, federal prosecutors said.
FirstFT: US wants allies to cut chip-related China exports
The Biden administration introduced sweeping export controls in 2022 that included a ban on “US persons” — American nationals and companies — from providing direct or indirect support to certain …
China’s Henan province sees drop in smartphone exports as Apple diversifies manufacturing supply chain outside the mainland
Henan, home to the world’s largest iPhone factory, saw smartphone exports reach 6.65 million units in the first quarter, down 60.1 per cent from the same period last year.