Hong Kong’s financial community lends its support to a sovereign digital currency project, saying they are ready to test cross-border financial payments using blockchain.
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A Bullish Take on China’s Crackdowns and Alibaba Stock
InvestorPlace – Stock Market News, Stock Advice & Trading Tips It’s been an absolutely brutal year for Alibaba (NYSE:BABA) stock …
Blockchain Insurance Market Next Big Thing : Major Giants Oracle, Block Cypher, Bit Pay
Global Blockchain Insurance Market Report – Production and Consumption Professional Analysis (Impact of COVID-19) is latest research study released by HTF MI evaluating the market risk side analysis, …
China power woes may impact PHL business
THE Philippines must brace for the impact of China’s power crisis, which has affected its manufacturing sector, and could imperil global trade, according to economists. This week, news reports …
Honor is now the third-largest smartphone brand in China
According to Counterpoint Research, Honor has outpaced Xiaomi in terms of smartphone sales in China for August and is thus one of the top-three largest smartphone brands in the country behind Oppo and …
China outspends US, others in overseas belt and road projects
China outspends the US and other major powers by at least 2:1 in its Belt and Road Initiative (BRI) international development finance projects, spending a whopping $85 billion annually. But Chinese …
China’s Evergrande debt woes seen unlikely to trigger another global financial crisis
Cash-strapped Chinese property giant Evergrande Group’s debt woes are unlikely to spiral into another global financial crisis even if Beijing allows the company to fail, according to market …
U.S. Asks China To Reduce Oil Imports From Iran
The United States has approached China about the latter’s crude oil imports from Iran, seeking to pressure Iran into nuclear deal negotiations through its biggest oil client …
China’s Power Shortage Is Threatening The Global Supply Chain
China’s power shortage is forcing factories to reduce output and threatens with decelerating the country’s economic recovery. The impact, …
Alibaba.com bans overseas sale of crypto mining gear amid China crackdown
The Chinese e-commerce giant is forbidding merchants on its global wholesale platform from selling cryptocurrency-mining equipment after Beijing issued a tough warning.
Shanghai sees strong export growth in containers, container ships
“Shanghai reported surging growth in the export of containers and container ships in the first eight months of this year”, – local customs said, informed The …
Airshow China 2021: China showcases export variant of YJ-18 submarine-launched cruise missile
China Aerospace Science and Industry Corp (CASIC) is showcasing an export variant of the YJ-18 submarine-launched anti-ship cruise missile at Airshow China 2021, …
China: The export price of ginger to Europe dropped by about 30%-40% compared with the same period last year
Around the Mid-Autumn Festival, the ginger export market ushered in a wave of rising prices. The main reason for this is that markets such as Europe have begun to place orders for ginger …