In China, the wealthiest millennials are showcasing their achievements through unique and understated status symbols, moving away from traditional ostentatious displays of wealth. As millennials, …
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China’s silver imports set to jump on solar demand
Chinese silver imports could surge in the coming weeks, as traders take advantage of a jump in demand that’s taken prices well above the international market.Silver’s in a sweet spot because of its …
China’s EV sector could offset looming EU tariffs with detours via ‘friendly’ tracks, but be prepared for countermeasures
Analysts say China is likely working out plans with the European Union set to conclude its investigation into electric vehicle subsidies, but that it should be wary of making moves with the ‘sole …
Gui Bin She International Files for IPO
By Josh Beckerman China-based hotel company Gui Bin She International Holding Group filed for an initial public offering. The company’s Shenzhen GBS …
Winklevoss crypto firm customers will get back triple the value of their frozen assets
Customers of the crypto platform Gemini can expect to recover more than three times the value of their digital assets that were ensnared in the fallout of FTX — a rare outcome for creditors involved…
BlackRock’s US$20-billion ETF is now the world’s largest bitcoin fund, dethroning Grayscale’s rival crypto trust
BlackRock’s iShares Bitcoin Trust has attracted the greatest inflow, totalling US$16.5 billion, among nine spot bitcoin exchange-traded funds that went live in the United States in January.
China to import Argentine corn, reports say; increased trade to ‘boost bilateral ties’
On Tuesday (local time), Argentina’s government said that China had authorized for import two varieties of herbicide-tolerant genetically modified corn grown in the country, Reuters reported.
Rich GOP Senate contenders face attacks over China, out-of-state mansions
Republicans boast their rich Senate candidates give them a $100 million advantage in critical races, but Democrats are attacking the baggage the political newcomers are bringing to the contests.
Analysis: US Tariffs on Chinese Medical Imports Questioned as Alternative Suppliers Emerge in the Industry
Dan Izhaky, president of the American Medical Manufacturers Association, expressed skepticism about the effectiveness of tariffs as a standalone solution. He argues that the intricate global supply …
Red Sea distortion plus Mexico and Brazil record imports from China have seen shipping rates balloon
The global container shipping capacity has been strained due to the Red Sea/Suez Canal situation and a restocking cycle in the U.S. and Europe with strong purchasing of Chinese goods. On May 17, the …
China gears up to make a deal with Europe as EV tariffs loom
That cost will grow this year as Chinese EV makers expand exports to Europe. Past EU subsidy investigations on imports from China of other products have resulted in extra duties ranging from about 9% …
Silver price gains are outshining gold’s thanks to China’s overproduction of solar panels
Silver prices have soared 35% to 12-year highs, outpacing gold’s gains. The rally is driven by industrial demand and China’s manufacturing activity.
A Chinese crypto farm next to a nuclear missile base? Not on my watch, says Biden
Why? The China-backed MineOne facility is located less than a mile from the Francis E. Warren Air Force base, where a not insignificant number of nuclear tipped Minuteman III intercontinental …
