China’s central bank made crypto transactions and exchanges illegal, potentially in an effort to encourage digital yuan adoption.
Tagged By export
China’s home-grown C919 aircraft hit by tough US export controls, limiting threat to Airbus and Boeing
The United States requires special licences to export parts and technology assistance to any company with ties to the Chinese military, affecting the progress of the C919 programme.
C919 reportedly faces delays over tightened US export rules
The Comac C919 narrowbody programme appears to have hit a roadblock, months before its targeted service entry.
China’s Tight Nickel Intermediate Product Supply Likely to Ease with Growing Imports
According to customs data, China imported 45,500 mt of nickel hydrometallurgy intermediate products, an increase of 11% month on month. The imports totalled 247,000 mt from January to July, a …
Bitcoin, Ether Rally Back to Levels Just Before China Crypto Ban
The cryptocurrency market made a swift comeback from the turbulence last week triggered by China’s latest crackdown volley, with the likes of Bitcoin and Ether recouping most of their losses on Monday …
Xinhua Silk Road: Xingbin District of Guangxi’s Laibin City celebrates harvest festival to beat drum for local farm produce brands
Xingbin, a district in Laibin City of South China’s Guangxi Zhuang Autonomous Region, convened its third crawfish food cultural festival as celebrations for the Chinese farmers’ harvest festival to …
China’s humbled tech tycoons pledge allegiance to Xi’s vision
China’s embattled tech tycoons lined-up to pledge their support for President Xi Jinping’s “common prosperity” policy and market-roiling regulatory onslaught on the digital sector, at the country’s …
U.S. export tightening slows advance of Chinese C919 jet – sources
China’s C919 jetliner – a no-show at the country’s biggest air show this week – has found it harder to meet certification and production targets amid tough U.S. export rules, according to three people …
China set to spend $120 bn on services and drill 118,000 wells through 2025
China is looking to pump up oil and gas production in the years ahead to meet climbing domestic demand and reduce the record-high share of imports in its. China set to spend $120 bn on…
China wants to emphasize the e-yuan is the only ‘legitimate’ digital currency in China: NYU
Winston Ma, adjunct professor at the New York University School of Law, says on one hand, China has been serious on cracking down cryptocurrency mining and trading, but at the same time, President Xi …
DeFi Tokens Rally Following China Crypto Crackdown FUD
Decentralized finance (DeFi)-related tokens and exchanges appear to be making a comeback after China announced its latest crackdown on crypto.
Chinese sportswear startup Peak raises $232m as it aims for IPO
Chinese athletic apparel maker Peak Sport Products has raised nearly 1.5 billion yuan ($232 million) in a strategic investment led by CR Capital Management, as the company has reportedly planned an …
China Stocks Rise as Liquor Firms Surge to Offset Power-Cut Woes
Shares of Chinese liquor makers drove advances in the mainland market, even as materials stocks fall due to concerns over power curbs that have hurt large swathes of manufacturing in the country.Most …
