A 40% slump in shares over the past year, the winding down of a hallmark investigation and vows of support for the sector should offer a solid buy signal for China’s tech giants. But investors…
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China’s Xi Wishes Biden Speedy Recovery From Covid Infection
(Bloomberg) — China’s Xi Jinping wished US President … Shows Its Staying Power Ex-Coinbase Manager Arrested in US Crypto Insider-Trading Case The Chinese president sent the goodwill message …
Hunter Biden, China and BHR—What We Do Know, What We Don’t
An alleged leak of Hunter Biden’s personal files has reignited accusations and claims against him. Newsweek Fact Check explores some of them.
Despite Didi’s $1.2 bln fine, China tech’s regulatory woes may not be over
China’s $1.2 billion fine on Didi Global draws a line under the ride hailing company’s regulatory woes, but the retroactive application of laws and a lack of clarity on the firm’s business revival …
China’s Gansu sees rising export of traditional Chinese medicinal herbs
A total of 491.6 tonnes of traditional Chinese medicinal herbs were exported from northwest China’s Gansu Province in the first half of this year, a year-on-year increase of 45.9 percent, according to …
China Is Quietly Selling US Treasury Bonds: Big Trouble For Wall Street?
A reason could be America’s move to exclude Russia from the SWIFT system to punish its invasion of Ukraine, which makes the dollar less appealing as a global currency, an expert says.
Shrimp, pangasius exports enjoy exceptional growth in China
VOV.VN – Vietnamese tra fish (pangasius) and shrimp exports have recorded promising signs in the Chinese market, especially since China moved to ease its anti-pandemic rules, according to the Vietnam …
WoodMac: China’s LNG imports to mark unprecedented decline in 2022
China’s LNG imports are set to fall more than 14% year-on-year to 69 million tonnes in 2022, the largest decline since it began LNG imports, says Wood Mackenzie.
Tesla sells off majority of bitcoin, blaming COVID-19 lockdowns in China
Elon Musk’s electric vehicle company Tesla has revealed it has sold 75 percent of its bitcoin holdings amid a downturn in the cryptocurrency market. In the company’s Q2 2022 financial report it was …
Crypto has too many villains right now and needs more heroes | OPINION
From strict regulation policies and inflation to hackers plaguing the internet, crypto has had to deal with a lot in the past couple of months and needs a few ‘heroes’ to help it get back…
China Poised to Welcome First Foreign Leader Since Olympics
Indonesian President Joko Widodo is set for the first visit to China by a foreign leader since the Olympics in February, a sign the diplomatic isolation of the world’s No. 2 economy due to its…
China Snap Lockdown Crimps Beachside Business, Strands Tourists
A Covid outbreak has derailed what is usually the peak season at one of China’s top summer hot spots, with a snap lockdown in the seaside city Behai shutting hotels and leaving more than 2,000…
China’s launch of small-cap derivatives spawn new strategies, funds
Futures and options based on China’s small-cap CSI 1000 Index started trading in Shanghai on Friday, spawning fresh products and strategies from fund managers seeking to capitalize on the new hedging …