Officials in Beijing this week seized on a headlining visit to China by Apple’s Tim Cook and other Fortune 500 CEOs to juxtapose their warm welcome with the mounting pressure faced by TikTok in the…
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China plans to improve national blockchain tech standards system by 2025
BEIJING, March 28 (Reuters) – China plans to improve its blockchain tech standards by 2025, the Ministry of Industry and Information Technology (MIIT), the country’s industry watchdog, said on Tuesday …
Alibaba to overhaul China’s biggest tech conglomerate into 6 units to reignite their entrepreneurial mojo as ‘start-ups’
Alibaba will reorganise its businesses into six independently run entities to shorten its decision making process The listing status of the company’s stock in New York and Hong Kong will remain …
Column: China’s Q1 coal imports jump to new highs as factories throttle up
LITTLETON, Colorado, March 27 (Reuters) – China’s imports of thermal coal in the opening quarter of 2023 have soared to new highs as utilities and businesses restocked in anticipation of greater …
Chinese Banks reportedly support crypto firms setting up in Hong Kong ahead of new licensing regime
Bloomberg reported on March 27 that according to the people familiar with the matter, these banks, including the Bank of Communications Co., Bank of China Ltd., and Shanghai Pudong Development Bank, …
COLUMN-China’s Q1 coal imports jump to new highs as factories throttle up: Maguire
(The opinions expressed here are those of the author, a columnist for Reuters.) By Gavin Maguire LITTLETON, Colorado, March 27 (Reuters) – China’s imports of thermal coal in the opening quarter of …
China’s 2023 crude oil imports set for 6.2% rise, but risks prevail
Imports will rise 6.2% from last year to 540 million tonnes, while refinery processing will gain 7.8% to 733 million tonnes, equivalent to 14.66 million bpd, China National Petroleum Corporation’s …
Does an individual blockchain back advanced Yuan? (press release)
Digital Yuan is a very stable digital coin in China, and it is all because of the efforts put up by the government and the central bank. The Connection Between Digital Yuan And Blockchain Technology…
Column: China’s 2023 crude oil imports set for 6.2% rise, but risks prevail: Russell
LAUNCESTON, Australia, March 28 (Reuters) – China’s crude oil imports will average 10.8 million barrels per day (bpd) in 2023, matching the previous record high from 2020, according to the think tank …
First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard
Insights: The Hong Kong branches of China’s state-run banks want crypto. Now for the hard part. CoinDesk Market Index (CMI) 1,163 −34.4 2.9% Bitcoin (BTC) $26,958 Good morning. Bitcoin is starting the …
China’s Li Qiang tells foreign business executives country will open up
BEIJING (Reuters) — China’s Premier Li Qiang told foreign business executives including smartphone maker Apple’s Tim Cook that the country will open up further, the Chinese foreign ministry said in a …
China’s New Premier Courts Foreign CEOs With Vow to Open Economy
Premier Li Qiang vowed that China will open wider to the outside world and establish a “broad space” for foreign companies to develop in the Asian nation. Most Read from BloombergBinance and Its CEO …
Int’l organizations, business leaders upbeat about China’s economic outlook
China’s consumption sector is expected to accelerate its recovery, and the country’s technological innovation and green transformation are advancing investment in manufacturing, Kang said. As the …