Layoffs at Longi Green Energy Technology Co., the world’s biggest solar manufacturer, will likely accelerate a global rebalancing of production capacity away from China.
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China seen leaving benchmark lending rates unchanged in March
China is widely expected to leave benchmark lending rates unchanged on Wednesday, a Reuters survey showed, as the central bank kept a key policy rate steady last week at a time when the broad economy…
China accuses Evergrande Group of $78 billion fraud, among worst ever
It fuels concern about how widespread such accounting issues are, just as the new China Securities Regulatory Commission chairman is trying to tighten oversight …
Hong Kong stocks slip on weak Chinese corporate earnings, with Wuxi Apptech, Wuxi Biologics, Xpeng leading decline
Fourth-quarter earnings of Chinese companies are trailing those of peers in the rest of Asia, according to Goldman Sachs Sentiment remains cautious ahead of the Fed’s meeting later this week Hong …
China’s Top Diplomat Wang Yi to Meet With Australian Business Leaders
China’s Foreign Minister Wang Yi will hold closed door meetings with Australian business leaders and policy experts on Wednesday as part of his first visit to the country in more than seven years.
Despite Ban, China-based cryptocurrency investors made $1B in gains during 2023
Despite having a blanket ban on cryptocurrencies, many investors in mainland China were able to earn significant profits, making them achieve some of the biggest gains in the global cryptocurrency …
China Makes Digital Yuan More Accessible to Foreigners
China launched a guide for foreigners to use its digital yuan, aiming to expand its digital payment system globally.
Ships, Not Chips, Could Offer China an Edge
The US should be pragmatic when it comes to rebuilding its maritime capacity, and look to friendly nations like Korea and Japan for help.
Stake Your Claim: 3 Crypto Miner Stocks to Profit From the Bitcoin Boom
Bitcoin’s (BTC-USD) meteoric rise to new all-time highs shifted attention to crypto miner stocks as cryptocurrency inflows rose. Holding crypto miner stocks is seen as another way to profit from a …
China Market Update: Growth Stocks & Sectors Lead China Markets Higher
Southbound Stock Connect volumes were moderate as Mainland investors bought a net $374 million worth of Hong Kong stocks and ETFs, including Kuiashou, China Mobile, and Xiaomi, which were small net …
TIMC-driven Modular Blockchain – Axiomesh: Dedicated to Building a New Paradigm of ‘Mass Commercial Adoption’
Axiomesh, an advanced modular blockchain framework, recently announced its groundbreaking initiative to revolutionize the Web3 landscape. At the core of this initiative is the Trusted Inter-Module …
China’s Regulator to Ban Evergrande Chairman From Entering Securities Market for Life
BEIJING (Reuters) – China’s securities regulator has fined China Evergrande Group’s chairman Hui Ka Yan, and plans to ban him from entering the country’s securities market for life over a series of …
Flood of Chinese imports could renew trade tensions, threaten U.S. jobs
China’s output dwarfs its domestic needs — especially with a property bubble weighing on the economy — so prices for its goods are falling. In February, U.S. imports from China cost 3.1 percent less …