“China wanted to send a positive signal,” he said. “They are very good at timing things.” Baize, who also advises the U.S. Soybean Export Council, said he thinks the corn sales to China … (…
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State of Crypto: What’s Next for the OCC?
In any event, there may be other pressures that shape policy toward crypto – last December, House Financial Services Committee Chair Maxine Waters (D-Calif.) asked Biden to rescind all of Brooks’ OCC … ( read…
China, Russia vulnerable to dollar risks as sanctions from West multiply
Russian Foreign Minister Sergei Lavrov began a visit to China this week with a call for Moscow and Beijing to reduce their dependence on the dollar and Western payment systems, and push back against ……
Garneau warns the world: doing business with China comes with risk of arbitrary arrests
Foreign Affairs Minister Marc Garneau is warning countries around the world that doing business with China means facing the risk of seeing citizens detained arbitrarily. “My advice to all other … ( read original story…
China’s Geely challenges Tesla with launch of premium electric car brand
Chinese carmaker Geely Auto has launched a premium electric vehicle brand as it seeks to better compete with market leader Tesla on its home turf and recover from a hit to its sales and profits…
American Rescue Plan: China faces foreign outflows threat, with instability fuelled by US $1.9 trillion coronavirus relief
Potential for a reversal in capital inflows and a possible wave of bond defaults are two of the biggest risks facing China’s economy this year, said former central bank adviser Li Daokui, who cited ……
As Evidence of Human Rights Abuses Against Uyghurs in China Mounts, Brands Are Still Silent
Few companies are willing to speak about human rights violations against the mostly Muslim Uyghurs in China, even as such abuses, including torture, mount. ( read original story …)
European lockdown worries and rising China-west tensions weigh on markets – business live
Rising tensions between China and Western countries are also weighing on the markets today. L Britain, the EU, the US and Canada imposed parallel sanctions on senior Chin … ( read original story …)
Ex-PBOC Adviser Sees Risk of China Outflows Along With Other EMs
China faces the threat of foreign outflows from the second half of the year as rising borrowing costs in the U.S. drives investors out of emerging markets, according to a former adviser to China’s ……
Who manages China’s social media stars? Examining the companies in charge of KOLs
A Chinese-speaking laowai KOL (he is from Britain) himself, who made around five brand endorsement videos a month at the peak of his fame in 2017, August says Outlandish has expertise in nurturing … (…
China stocks drop, Baidu flops, Smoore crashes as markets turn defensive on regulatory and sanctions risks
Heightened domestic regulatory risks and an escalation in sanctions with Western nations keep markets on defensive mood. Smoore crashes as China seeks to rein in the e-cigarette industry while Baidu … ( read original story…
North Korea seeks to strengthen its ties to China, even as it ignores US
Pyongyang’s new ambassador to China delivers a pledge by Kim Jong-un to develop a relationship with Beijing that will be ‘envied by the world’. ( read original story …)
China’s Baidu debuts in Hong Kong after $3.1 bn IPO
Chinese search engine Baidu debuted on Hong Kong’s stock exchange Tuesday after raising $3.1 billion in its initial public offering, the latest mainland tech giant to flock to the financial hub. ( read original story…
