After a year of gains and record highs, cryptocurrencies are going through a turbulent time, and the market is in extreme fear territory. Why is this not surprising? There have been several major …
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China’s Xi warns of spillovers if major economies ‘slam on the brakes’ – business live
Rolling coverage of the latest economic and financial news …
China: Solid exports growth in December – UOB
UOB Group’s Economist Ho Woei Chan, CFA, assesses the latest exports data results in China. Key Takeaways “China’s exports expanded strongly in Dec at 20.9% y/y in USD-terms …
China’s strong GDP in 2021 comes with a record-low birth rate
China’s economy recovered substantially from the coronavirus pandemic in 2021, but its seemingly buoyant growth rate is overshadowed by a challenge that will be hard to fix with monetary or fiscal …
China’s Economy Is Slowing, a Worrying Sign for the World
Economic output climbed 4 percent in the last quarter of 2021, slowing from the previous quarter. Growth has faltered as home buyers and consumers become cautious.
Kosovo is the latest country to ban crypto mining as it deals with a power crisis
Iran, Kosovo, and of course China have issued bans on crypto mining within their borders. Iran issued a three-month ban on crypto mining, while Kosovo has banned mining indefinitely. Crypto mining …
China Probes a Sam’s Club Store Over Food-Safety Issues
The local regulator’s investigation into a Walmart-owned store comes as China steps up scrutiny into U.S. retailer.
China ends three-year decrease in auto sales
China’s vehicle market ended its three-year decline last year, with deliveries edging up 3.8 percent from 2020 to reach 26.28 million. The China Association of Automotive Manufacturers estimates that …
New possibilities: when the crypto economy meets the travel industry
Amadeus’ payments business recently hosted an event for travel payments professionals and asked me to provide my views on the long-term fintech trends that might impact the future of travel. Amadeus’ …
AInnovation Technology brings out IPO
Qingdao AInnovation Technology Group, an artificial intelligence solutions start-up, has kicked off its Hong Kong IPO, eyeing proceeds of up to HK$1.22bn ($156.9m). China Renaissance, CICC and UBS are …
US and China, in separate corners, wrestle with cryptomania’s excesses
Washington has moved slowly in regulating digital currency, while Beijing recently banned it outright, introducing a state-led version under direct government control.
Bottega Veneta Takes Over the Great Wall of China for Chinese New Year 2022
In its celebration of the Lunar New Year, Bottega Veneta has taken over the Great Wall of China. Check out more fashion stories on Prestige.
China’s economy grows 8.1 per cent in 2021, slows in second half
That has potential global repercussions, depressing Chinese demand for steel, consumer goods and other imports. China rebounded quickly from the coronavirus pandemic, but activity slowed as Beijing …
