Particularly troubling are reports of slave labor and genocide in the Xinjiang region of Western China. In response, the Biden administration has now banned imports of polysilicon from Xinjiang. This …
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Huobi bans crypto derivatives trading for users in China
Crypto exchange platform Huobi has updated its user agreement document, banning crypto derivatives trading for customers in China. According to the updated user agreement section of the Huobi Global …
China’s net gold imports via Hong Kong slump nearly 59% in May
China’s net gold imports via Hong Kong more than halved in May from the previous month, when they touched the highest level in nearly three years, as demand for the precious metal faltered amid fresh…
China’s actual cotton imports irrelevant to US ban on Xinjiang cotton
Just as the Biden administration is expanding its attacks on China from cotton to other products in Northwest China’s Xinjiang Uygur Autonomous Region, foreign media recently reported that the …
China’s Didi raises $4 billion in New York IPO
MARKET PULSE Didi Global, the Chinese ride-hailing company, is raising $4 billion this week on the New York Stock Exchange an initial public offering that would give the company a …
Crypto investment products’ trading volumes plunge after China’s crackdown
CryptoCompare data shows the price of Bitcoin (BTC) moved within the $30,000 to $35,000 range throughout the week.
Didi’s $4 bln IPO order books to close Monday – sources
Didi Global Inc (DIDI.N) will close the investors order book for its U.S. IPO to raise up to $4 billion one day early on Monday, according to two sources with direct knowledge of the matter.
Europe’s Delta Woes, Didi IPO, Binance – What’s Moving Markets
The delta variant of the coronavirus looks set to disrupt the European holiday season. Didi is set to close its IPO books, France’s President Macron receives a setback in regional elections, while the …
Bans on Forced Labor Goods From China Fuels Disputes With Importers
Here’s how China’s campaign against Western brands is aimed at audiences at home and abroad. Photo: Thomas Peter/Reuters WASHINGTON—Surging enforcement by Customs and Border Protection officers of …
How China became the big winner of the COVID era
A year and a half after COVID emerged in Wuhan, China’s exporters, liners, shipyards and container factories are all booming.
Christopher Wood believes China’s crypto crackdown has a major silver lining
Bitcoin hit a fresh record high of $64,804.72 on 14 April. However, concerns over the environmental impact of bitcoin mining and regulatory crackdown in China, the world’s biggest cryptocurrency has t …
Digital Yuan, Part of China’s Big Bet on Blockchain, Could ‘Upend Rules of Global Commerce’
China is expected to fully launch the first major national digital currency when it hosts the Olympics next year. Part of a major blockchain initiative by Beijing, the digital yuan will likely have …
China is making a mistake by giving up the bitcoin business: Microstrategy
Michael Saylor from Microstrategy says China’s crackdown on bitcoin mining forced an ‘exodus’ of capital from the east to west.
