A push by Republican Senator Cynthia Lummis, one of the crypto industry’s staunchest supporters in Congress, to write a new law for digital assets is getting the support of at least one Democrat.Most …
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Coinbase Teams Up With Alviere for Lineup of Crypto Offerings
Financial-technology startup Alviere is tapping Coinbase Global Inc. to add a lineup of crypto products to its platform.Most Read from BloombergPutin Adviser Chubais Quits Over Ukraine War, Leaves …
Intel CEO Defends Apology to China while Advocating Chip Subsidies
His comments call attention to his efforts to justify Intel’s continued business in China and the unsavory moral compromises necessary to maintain it.
China’s coronavirus travel ban drives boom in luxury e-commerce, duty-free shopping
Though overall consumption remains soft in China, sales of foreign brands are strong on cross-border e-commerce platforms and in the duty-free shopping hub of Hainan as more Chinese spend locally.
Experts See China Stuck in a Slowly Evolving Covid-Zero Loop
After conquering Covid-19 for almost two years with a zero-tolerance approach, China is now in the midst of its worst wave since the initial outbreak in Wuhan. Having breached what’s arguably the …
Eli Lilly Cancer Drug Developed in China Gets FDA Rejection
The FDA sent Eli Lilly back to the drawing board Thursday, but it might not be worth the hassle. Regulators rejected a lung cancer drug …
U.S. trade office excludes some China auto parts from tariffs after review
The list of reinstated product exclusions covers several auto parts such as switches designed for use in vehicles, rearview mirrors, cooling pumps for internal combustion engines and position or speed …
Chinese companies to stop business with Russia, despite China pressure
Chinese companies DiDiChuxing and Hong Kong-based Lenovo have announced that they will cease their businesses in Russia although the Chinese authorities are pre …
5 Ways Luxury Brands Can Win China’s ‘Common Prosperity’ Push
China’s “common prosperity” push has forced luxury brands to adapt to a “new normal.” Here are five ways they can adapt to this new environment.
Trade office releases list of exemptions from Chinese import tariffs
The US Trade Representative office provided tariff exemptions for 352 product categories, following requests for exemptions from China import tariffs across 549 categories.More …
China to Ramp up Arms Exports to Pakistan
China has decided to increase its arms exports to Pakistan and take a major leap in its defense cooperation with Pakistan, initiating sale of arms ranging from stealth fighters to submarines, a move …
China urges U.S. to remove all additional tariffs imposed on its goods
China on Thursday urged the U.S. to remove all the additional tariffs imposed on China’s goods and put Sino-U.S. bilateral trade and economic ties back on the right track. Shu Jueting, the …
COVID Lockdowns In China Dampen Oil Demand Outlook
China is fighting the worst Covid outbreak since 2020, and analysts are considering a revision of their oil demand forecasts as refineries reduce run rates and lockdowns hurt consumption …
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