Russia is utilizing cryptocurrencies like bitcoin, ether, and stablecoins in its oil trade with China and India to bypass Western sanctions. This practice assists in converting currencies such as …
Tagged By crypto
Why China Is Worried About Trump’s Tariffs on Mexico
China’s exports to developing markets have soared, opening indirect routes to the U.S. market that officials in Beijing worry may be closed under pressure from President Trump.
Exclusive: Tesla plans Model Y costing at least 20% less to produce to defend China share, sources say
Tesla will make a lower-cost version of its best-selling Model Y in Shanghai, three people with knowledge of the matter said, aiming to regain ground lost during a price war in its second-largest …
FCC Chairman Announces Effort to Counter Threat From China
The chairman of the Federal Communications Commission announced an effort on Thursday to counter the threat posed by China, continuing what has been a bipartisan focus over the last half decade.
US meat exports worth $3 billion at risk with China approvals set to expire
Dozens of plants already had registrations lapse in February on the website for the General Administration of Customs of China, despite US requests that they be renewed.
Xiaomi, Geely, China EV Makers to Show Resilience Despite Tariffs
Xiaomi Corp., Geely Automobile Holdings Ltd., NIO Inc. and Xpeng Inc. will show how resilient China’s electric-vehicle sector is to a stagnant domestic economy and tariffs in the US and European Union …
Shein remains committed to IPO as fast-fashion giant weathers US tariff storm
Shein is grappling with Trump’s proposal to end tariff-free imports of small goods from China. Read more at straitstimes.com.
Ridiculous ‘Chinese Mint’ crypto scam, Japan dives into stablecoins: Asia Express
The totally nonsensical “official Chinese Mint crypto” scam, Japan dives into stablecoins, Bithumb chair vindicated: Asia Express.
Shein Remains Committed to IPO as Firm Weathers US Tariff Storm
Shein’s executive chairman said he remains committed to plans to take the fast-fashion retailer public despite being in the cross hairs of President Donald Trump’s campaign to rebalance global trade.
China’s high-speed rail linked to boosted EV adoption
Researchers from the University of Pennsylvania recently analyzed China’s decade-long push for electric vehicle (EV) adoption and found that it coincided with the country’s expansion of high-speed …
China Moves for Higher Copper Exports Amid Market Upheaval
China has issued more licenses allowing copper smelters to export metal tax-free, aiding local producers and paving the way for greater overseas sales at a time of upheaval in the global market.
Exclusive: Major US toymaker speeds up plan to move manufacturing out of China
A major supplier of toys to Walmart and Target is accelerating its shift out of China as it reshapes production amid President Donald Trump’s intensifying trade war with the country.
Report: Trump Family May Invest in Crypto Giant Binance as Founder Seeks Pardon
The Trump family has allegedly been discussing a possible investment in the crypto exchange Binance—a deal that, especially in light of Binance’s multi-billion-dollar valuation, would raise a host of …