China’s stimulus efforts, which pumped around 4trn yuan ($575bn) into the economy, left observers gushing with praise. Robert Zoellick, then head of the World Bank, expressed his delight at the fiscal …
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Chinese court approves crypto trading but not its use as a cash substitute
A Chinese court has ruled that citizens can still trade cryptocurrencies despite the country’s ban on digital asset services.
China will regulate government fees，fines to reduce business costs
China will strictly regulate fees and fines imposed by the government on market entities, in order to reduce business costs, according to a notice published by China’s cabinet on Thursday.The move cam …
China’s State-Owned Enterprises Hold Keys To Carbon Neutrality
China’s state-owned enterprises (SOEs) are huge CO2 emitters. China’s government has put environmental issues high on the national agenda.
China Mulling U-Turn to Allow More Fuel Exports to Revive Growth
China is considering allowing its oil refiners to export more fuel in an attempt to help revive its economy, which would be a reversal from a focus on minimizing emissions.
China IPO Flow Picks Up In New York, But Big Names Still Absent
Four Chinese companies have submitted New York IPO applications since Sept. 6, indicating such listings could be accelerating after a near standstill over the past year.
Why Luxury Brands Need To Wake Up To China’s Sleep Economy
Rising awareness of the importance of rest is motivating consumers to make changes. The market potential here is too big for luxury brands to sleep on.
Chinese court OKs trading crypto, if it’s considered a virtual asset
On face value, the decision of the Beijing Number One Intermediate People’s Court may seem odd, given that China’s government banned dealing in Bitcoin in 2013 and has extended its prohibition on …
China to double down on stabilizing foreign trade, foreign investment
Aerial photo taken on Sept. 13, 2022 shows ships berthed at the container wharf of Qinzhou Port in Qinzhou, south China’s Guangxi Zhuang Autonomous Region. (Xinhua/Zhang Ailin) BEIJING, Sept. 15 …
Italian businessman experiences more open China in past decade
After more than ten years of working and living in China, Lorenzo Riccardi, a business owner from Italy, believes that China has become a more attractive destination for global investors with an open …
China’s smartphone shipments tumble 31 per cent in July as lack of major releases, Covid-19 lockdowns dampen local demand
Total smartphone shipments in China reached 19.1 million units in July, down from 27.7 million in the same month last year Chinese smartphone brands accounted for 91.8 per cent of shipments in July, …
Export Restrictions On Sale Of Chips And Equipment To China: Will They Work?
Reuters recently reported that the Biden administration plans to broaden curbs on U.S. shipments of some advanced semiconductor chips and some of the most sophisticated chipmaking tools to China. But …
A Peculiar Flavor of NFTs Is Thriving in China – One Regulators Can Abide
Unlike most non-fungible tokens, China’s “digital collectibles” are built on closed networks and designed to appease regulators who frown on trading and speculation.
