In September, the IMF released a report stating that ‘more than half of the world’s central banks are exploring or developing digital currencies’ …
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Chinese IPOs Ready for a Roaring 2023
Global IPOs fell 44% year-over-year in the first three quarters of 2022, according to consultancy firm Ernst & Young (EY). Narrowing our focus, we saw that Chinese companies could only raise $536 …
Argo Blockchain Divests Mining Facility Helios For $65M As It Battles Bankruptcy Concerns
Argo Blockchain Plc (NASDAQ: ARBK) subsidiary agreed to sell its Helios facility and real property in Dickens County, Texas, and related assets to Galaxy Digital Holdings, Ltd for $65 million (£54 …
China’s Newly Relaxed Covid Restrictions Are Causing Luxury Shares to Rise
China is finally starting to walk back its zero-Covid policy—and that’s having some beneficial effects on the luxury industry. After the country announced that it would no longer require incoming …
China’s EV Market Will Slow in 2023. That Still Leaves It Ahead.
Expiring subsidies will weigh on electric-vehicle sales, but China’s strength in EVs will prove durable.
China’s business mood shows post-Covid economic recovery has a long way to go
A quarterly survey by China’s central bank shows that business confidence and activity in the world’s No 2 economy are weak, while economists warn mounting external challenges could derail a full …
China to import 45 foreign video games, grants multiple licences to Tencent
China’s video games regulator granted on Wednesday publishing licences to 45 foreign games for release in the country，further lifting rigid curbs that have hammered the industry for 18 months.
China Pushes CBDC as ‘Good Luck’ Gifts Ahead of New Year Celebrations
Considered as a symbol of ‘good luck’, the ‘red packets’ — also called the ‘Hongbao’ — are used for presenting people with money as a gesture of luck.
China to drop COVID tests for inbound travellers from Jan 8
China will drop a requirement for inbound travellers to take COVID-19 PCR tests starting from Jan 8, 2023, customs authorities said on Wednesday.
China says it will resume issuing passports and visas as virus curbs ease
China says it will resume issuing ordinary visas and passports, setting up a potential flood of millions of Chinese going abroad for next month’s Lunar New Year holiday.
Foreign companies show heightened interest in China
and his visit to Saudi Arabia have generated much interest in the global business community. The interest has continued to heighten. What aspects of China are foreign companies interested in and what …
South Korea December exports to fall for third month as China demand still weak: Reuters poll
South Korea’s exports likely extended their falling streak to a third straight month in December, a Reuters poll showed on Wednesday, with demand from China yet to recover from loosening COVID-19 …
China’s Electric Car Exports Surge to Record on European Demand
Exports of electric vehicles from China more than doubled in November, creating a monthly record, mostly fueled by European carmakers that farmed out the production to the country.
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