Malaysian palm oil futures plunged more than 8% on Wednesday to its lowest in over a year, weighed by weak July exports and as fears of renewed COVID-19 curbs in China sparked a selloff in…
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China’s central bank says it’s closely watching ‘accelerated’ monetary policy tightening abroad
China’s central bank said Wednesday it’s closely watching monetary policy tightening abroad, without signaling interest rate changes at home.
Why China is ‘seriously’ angry with the US, and why the US is right to provoke that anger
The USS Benfold’s transit through the Paracel Islands chain of the South China Sea on Wednesday shows “that the United States is an out-and-out ‘creator of security risks in the South China Sea’ and …
China’s foreign trade grows at double-digit pace in June with resilient outlook
China’s foreign trade saw a double-digit growth pace in June, a positive indicator that the world’s second-largest economy is recovering from the headwinds of COVID-19 outbreaks. * The country’s …
Shanghai included blockchain, NFTs and Web3 in its 5-year plan
China’s biggest city will support the enterprises that plan to construct the NFT trading platforms, as well as “research and promote the digitization of NFT and other assets.” …
UN Trade Body Calls Out ‘High Cost’ On Developing Countries If Crypto Left Unregulated
The United Nations Conference on Trade and Development (UNCTAD) said cryptocurrencies pose a threat to financial stability of developing countries and suggested three policy recommendations.
Luxury Takes Center Stage At China’s Fourth Busiest Airport You’ve Probably Never Heard Of
Contrary to popular opinion the airports of Shanghai and Beijing are not at the top of the 2021 passenger rankings. One gateway that is busier than both of them is now charting a course to…
Searing heatwaves sweep across China
Flooding and extreme high temperatures have caused multiple deaths in eastern China as summer heat descends earlier than usual. Record-high …
China’s Big Tech companies, from Tencent to ByteDance, cut back on strategic investments as Beijing’s scrutiny continues
Tencent has downsized its investment department, months after TikTok owner ByteDance dissolved its own strategic investment unit The Shenzen-based internet giant made just 32 investments and …
China’s Big Tech Problem: Even In A State-Managed Economy, Digital Companies Grow Too Powerful
China’s digital economy has advanced rapidly over the past two decades, with services, communications and commerce moving online. The Chi …
China’s exports expected to keep stable growth
Their comments came as the General Administration of Customs said on Wednesday that China’s exports surged by 13.2 percent year-on-year to hit 11.14 trillion yuan ($1.66 trillion) in the first half of …
Web3 Enjoys Positive Vibe Shift in China – and Venture Capital
Venture capital is gathering big-time lately – and even China seems to be jumping on the Web3 train! Plus, a crypto security firm sounds the alarm on phishing scams.
Blockchain Security Startup BlockSec Raises $8 Million
Blockchain Security Startup BlockSec Raises $8 Million; SAP Patches High-Severity Vulnerabilities in Business One Product; Honda Admits Hackers Could Unlock Car Doors, Start Engin …
