China’s latest financial maneuver marks a significant shift in global currency dynamics, as the country’s Central Bank actively offloads the US dollar in the …
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Singapore and China launch Digital Yuan pilot for tourist transactions
Singapore and China have initiated a cross-border pilot program for the use of China’s central bank digital currency (CBDC), the digital yuan. This …
Asia’s hottest crypto stories of the week
Asia’s dynamic crypto market continues to evolve with developments that are as diverse as they are intriguing. This week, we’ve witnessed a blend of regulatory maneuvers, ambitious green finance …
Fourth GOP Presidential Debate Zooms In on China, Crypto, and Inflation
The Republican Florida governor took part in the fourth GOP debate on Wednesday in Alabama, alongside former South Carolina governor and UN Ambassador Nikki Haley, ex-New Jersey Governor Chris …
China debt: beyond the boondoggles, is China worth further investment, and why is water controversial?
Local-level debt across China, largely from infrastructure, has seen the focus shift to more profitable projects, but economists warn this has come at the expense of people’s livelihoods.
JPMorgan picks China stocks to buy now. Alibaba’s not on the list
But that’s after shares plunged in the last few weeks following news the company is scrapping plans for a highly anticipated cloud business IPO. And it’s increasingly apparent that Alibaba faces …
For automakers fearing China’s electric vehicle exports, reducing costs is ‘now ‘more important than anything else’
Electrical vehicles made in China have a serious cost advantage—and automakers elsewhere are racing for answers.
U.S. and China take small steps at APEC meetings
I find it amazing that within the last 78 years, Japan has gone from an enemy to being the strongest ally the U.S. has in Asia. During this same time frame, China has gone from…
China’s Nov exports up 0.5%, imports shrink 0.6%
China’s exports rose 0.5% in November from a year earlier, while imports decreased 0.6%, customs data showed on Thursday. A Reuters poll of economists had forecast a 1.1% decline in exports and a 3.0% …
Made-in-China still dominates US holiday sales, but do Americans even care?
The especially active holiday-shopping season in the United States has been a boon for China exports despite years of political and trade frictions between the countries.
At this point, are things ever going to get better for China’s economy?
China’s economy, the world’s second-largest, is currently experiencing its most significant deflationary spiral in years, raising eyebrows and questions about …
China Accepts Taliban Ambassador, Says Normalization of Jihadists ‘Will Come Naturally’
China has become the first country to formally accept a Taliban ambassador, despite the Taliban being considered a terrorist organization by many. The Chinese Communist Party has been at the forefront …
Explore China’s New Cryptocurrency on the Yuan Global
The financial world is buzzing with the latest development in cryptocurrency – China’s Yuan Global a new currency …