Evergrande’s debt crisis poses long-term risks to China despite the current fallout being limited to only the high-yield bond market, says Jing Sima of BCA Research …
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China issues more crude oil import quotas for 2021 at 14.89 mln T – document, sources
China has issued more crude oil import quotas for independent refiners in 2021, with the latest batch at 14.89 million tonnes, according to documents and trade sources.
China to continue innovation in foreign trade
China will keep expanding the imports of high-quality products and services and maintain the consistency and stability of its foreign trade policies, Premier Li Keqiang said on Thursday. The nation …
Shanghai Man: Fiat on-ramps dry up in China, crypto topics censored on social media
Binance announces the closure of RMB markets, other exchanges react differently, and social media influencers express their skepticism.
Honda reveals five EVs under new brand e:N, but only for China
Honda has introduced a new all-electric vehicle brand named “e:N”, and five new electric vehicles that will lead its plan to add 10 new EV models by 2026, including two production-ready electric SUVs …
LinkedIn to Shut Down Service in China, Citing ‘Challenging’ Environment
The business social network tried to be a model to other companies for how to operate in China but ultimately failed.
LinkedIn is shutting down its China platform because of a ‘challenging operating environment’
Many other Western social networks, including Facebook and Twitter, are blocked by the Chinese government’s massive censorship apparatus known as the Great Firewall.
China Is Forcing Fashion to Mute Itself Over Dirty Cotton
When a fashion industry sustainability group called out China over its treatment of Uyghur Muslims, the idea was to nudge Beijing toward human-rights reforms while cleaning up a troubled corner of the …
China to remain fertile ground for foreign investment: premier
Premier Li Keqiang said on Thursday that China will continue to foster a market-oriented, world-class business environment governed by a sound legal framework to see that the country remains a fertile …
China and the U.S. Sabotage Their Own Tech Companies
Xi Jinping and Joe Biden wage their version of Maoist rectification drives against successful firms.
Microsoft Folds LinkedIn Social-Media Service in China
LinkedIn’s plans to shut down the version of its professional-networking site used in the country mark the end of the last major American social-media service operating openly there.
U.S. takes top spot for crypto mining after China crackdown: CNBC After Hours
On today’s show, CNBC.com’s MacKenzie Sigalos explains a new survey from the University of Cambridge highlighting the top countries for crypto mining.
China’s cryptocurrency ban is self-defeating and unnecessary
When China banned all cryptocurrency transactions in late September, it continued to move full steam ahead on its digital yuan and Blockchain-Based Service Network, known as BSN. Is this another …
