By Billy Bambrough China president Xi Jinping has previously said the country should “seize the opportunity” offered by … [+] bitcoin’s blockchain technology but has since overseen a bitcoin and …
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Bitcoin heading to zero: China warns investors amid global crypto downturn
Chinese state-run newspaper The Economic Daily earlier justified China’s ban on cryptocurrency trading by taking examples of the collapse of stablecoins terraUSD and luna whose value reached zero.
Bitcoin Heading To Zero, China Warns Investors
As cryptocurrencies reel under the global downturn, Chinese state-run newspaper Economic Daily has warned investors that the price of leading cryptocurrency Bitcoin is ‘heading to zero’. The warning …
How Forex and Crypto is taking off post-Covid-19: What the future holds
The Covid-19 pandemic and the ensuing lockdowns have had a significant impact on the global economy and several markets including Forex and Crypto trading. Observations have revealed that foreign …
H&M Shuts Down First and Largest Flagship in China
The world’s second-largest fast-fashion retailer quietly closed its first flagship store in mainland China, continuing its retreat after the Xinjiang Cotton controversy.
Vietnam likely to replace China as factory of the world in near future
As Omicron flare-ups in China’s manufacturing hubs, like Guangdong Province and Shanghai, disrupted supply chains, Vietnam’s Q1 economic figures appear to show promising outlook amid the pandemic …
Yum Brands’ Mostly Franchised Business Model May Be Well-Positioned For Elevated Inflation
Yum! Brands’ ~98% of restaurants are operated by franchisees or under license agreements, which helps it in high inflation periods. Click here to see our fair value for YUM.
“Cannot Defy Gravity,” Crypto Fears Now Materialising: Central Bank Body
Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said.
Australian defence minister cajoles India over Russia and China
While insisting that he was not “lecturing” India, Marles called on the Indian government of Narendra Modi to align against Moscow as well as Beijing.
China’s import of products from Iran up 26%
The trade value exchanged between Iran and China in the past five months of the current year in 2022 (from Jan. 21 to May 22) exceeded $6 billion, showing an eighteen percent growth, China’s Customs…
Jumpstarting Blockchain Adoption Through Education
That’s the promise of blockchain technology in India. So why isn’t something with the potential to solve not only the enduring problem of the unbanked, and so many other problems associated with …
China’s import form Iran grows by 26%
China’s imports from Iran increased by 26 percent in the first five months of 2022, with total Iran-China trade reaching 6 billion dollars.
China’s Nio faces criticism after its response to the test car incident killing two people
Chinese EV maker Nio responded to a recent incident that took place. The incident was when Nio’s car caused an accident.
