Yao Qian, the influential figure behind China’s CBDC project, is currently under investigation for suspected “violations of discipline and law.” …
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Apple is still heavily reliant on China despite escalating tension with US
Apple and China still have an important relationship, even though a escalating tension with the US might shake Cupertino’s supply chain.
Jamie Dimon says America needs to ‘take a deep breath’ before facing off with China, because the U.S. is actually in a ‘very good position’ to negotiate
And that’s a message the billionaire Wall Street titan wants the U.S. to remember, saying America needs to “take a deep breath” when it comes to relations with China. “We have all the food, water…
Yao Qian, Former Head of China’s Digital Yuan Effort Reportedly Facing Government Probe
Yao Qian is reportedly on the hot seat after the government launched investigations against him for allegedly violating the law. Yao Qian is the man behind China’s Central Bank Digital Currency (CBDC) …
China’s int’l trade in goods, services reaches 4.04 trln yuan in March
China international trade in goods and services hit 404 trillion yuan in total in March increasing by 3 percent year on year official data showed o …
China’s Gold Consumption Rises on Safe-Haven Demand
Chinese buyers, spooked by a protracted property slump and a recent stock-market rout, are rushing toward gold as economic uncertainty looms, propelling a global bullion rally.
China’s CBDC Mastermind Is Under Investigation
A top CBDC veteran in China Yao Qian is reportedly under investigation by the country’s anti-graft agency for law violations.
Chinese ‘Crypto Dad’ faces government investigation
Chinese authorities have launched an investigation into former PBoC’s CBDC director Yao Qian on suspicion of law violations.
China regulator tightens scrutiny on ex-employees’ investment in pre-IPO companies
China’s securities regulator said on Friday that it would tighten scrutiny on its former employees’ investments in pre-IPO companies, a move that signals the regulator’s commitment to maintain market …
Insight: Why BYD’s EV exports sell for twice the China price
U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. But so far, China’s top EV maker, BYD, has dramatically hiked export…
Ex-Head of China’s Digital Yuan Effort Facing Government Probe: Report
Qian led a research effort by the People’s Bank of China (PBOC) to create and issue a digital yuan, a project that partly prompted other major jurisdictions around the world to also start exploring …
Woman accused of $6B scam, China loophole for Hong Kong Bitcoin ETFs: Asia Express
There’s only one way left for Chinese nationals to access the Hong Kong Bitcoin ETFs, $6B scam accused in court, and more: Asia Express.
Huawei’s smart car tech offers automakers route to China sales
It’s taken Huawei just four years to become a force in smart car technology, navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling…
