Futuristic technologies like blockchains are aiding efforts to slash costs amid cut-throat competition as automakers double down on zero emissions.
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PBoC Claims China’s Share in Bitcoin Transactions Dropped to 10%
Traders have found ways to access cryptocurrencies despite the multiple crypto crackdowns and Bitcoin mining bans by the PBoC.
Biden’s Tough Guy Talk on US Corporations Cozying Up to China Is Just That…Talk
The Biden Administration knows how to talk the talk on China, but it certainly doesn’t know how to walk the walk.
China Says Domestic Bitcoin Trading Plummets After Crackdown
China’s central bank said Thursday that Bitcoin transactions originating from the country have plummeted to 10% from 90% of the total worldwide.
How Much Wheat China Will Import From Russia Is as Yet Unknown, Insiders Say
Though China announced last month that it would allow imports of Russian wheat, the amount remains to be seen, according to industry insiders. More than 80 percent of the country’s imports of the …
TCL Founder to Propose China Help Manufacturers Go Global at Two Sessions
The founder of TCL, China’s largest maker of color televisions, will propose at the upcoming Two Sessions that the country support its manufacturers in their efforts to expand business worldwide and …
China’s share in Bitcoin transactions declined 80% post crackdown: PBoC
When the Beijing government banned foreign crypto exchanges from offering any services in mainland China, the Chinese traders flocked to DeFi for trading anonymously.
Huobi Launches Crypto OTC Services in Hong Kong
As per the details shared, Huobi Technology aims to implement the OTC service initially for the US dollar and expand to Euro, Pound, and Hong Kong Dollar.
Competition between manufacturers increasing to meet future Apple Car demand
Apple is rumored to be working with several car manufacturers to build the Apple Car, but eventually, it will need to turn to China if it is to succeed in that market, reports suggest.
China lowers investment threshold for foreign companies
However, the Chinese market has remained attractive to foreign investors. As part of efforts to further open up the market, a shortened negative list for foreign investment in China took effect on the …
China emerges as Namibia’s main export market in January
Namibia’s trade balance with Asian countries decreased from a surplus of 1.7 billion Namibia dollars recorded in December 2021 to 1.3 billion Namibia dollars obtained in January 2022, according to the …
China’s e-commerce revenues have raced ahead: Rajeev Kumar
Rajeev Kumar, Principal Secretary, Department of Information Technology & Electronics Government of West Bengal on Thursday said China’s e-commerce revenues have raced ahead of the rest of the world, …
How China sees the West’s economic warfare against Russia
China has long expressed its displeasure with what it calls the US’s “financial hegemony” and its corresponding ability to slap sanctions on foreign countries. Now, as the US and Europe hit Russia …