US Secretary of State Antony Blinken stressed the need for cooperation and transparency over the origins of COVID-19 in a call with Chinese counterpart Yang Jiechi on Friday and raised other …
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Tencent-Backed Kanzhun Almost Doubles After $912 Million IPO
Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin, rose 96% in its trading debut after raising $912 million in a U.S. initial public offering. The first-day gain was the …
Chinese Authorities to Ban Crypto Mining in Yunnan Province, Report
Chinese province Yunnan is gearing up to outright ban crypto mining in response to similar moves by Qinghai, Xinjiang, and Inner Mongolia.
BlackRock (BLK) Gets Approval for Mutual Fund Business in China
Following the approval from the China Securities Regulatory Commission (“CSRC”), BlackRock BLK is now the first global asset manager to run a wholly-owned mutual fund business in China. The CSRC has …
China arrests 1,100 over cryptocurrency money laundering
China has arrested more than a thousand people for using the profits from crime to buy cryptocurrencies, security officials said …
Does the World Need to Contain China?
The rise of China and the confrontation with the US has raised fears of the world sliding into bipolarity, with a risk of falling once again into a Thucydides’ Trap.
China brands COVID-19 lab-leak theory as ‘absurd,’ Blinken urges transparency
U.S. Secretary of State Antony Blinken stressed the need for cooperation and transparency over the origins of COVID-19 in a call with Chinese counterpart Yang Jiechi on Friday and raised other …
China’s Yunnan to Become Latest Province to Ban Crypto Mining: Report
The Chinese province of Yunnan is getting set to ban cryptocurrency mining, becoming the latest one to do so, according to Forkast News, citing BTC.top, one of China’s top mining pools. The coming ban …
China’s Latest Blockbuster Tech IPO Could Give Investors a Bumpy Ride
The initial public offering of Chinese ride-hailing giant Didi Chuxing is shaping up to be one of the world’s largest this year.
China’s Uber, Didi Chuxing Could Command Valuation Over $70B Based On IPO Documents: WSJ
Didi overthrew Uber out of China by triggering a price war in 2016. As a result, Uber merged its China unit with Didi for a stake in Didi. The company plans to list its ADRs…
Former Goldman Sachs vice chair Robert Hormats explains China’s dilemma on crypto
Police in China have arrested more than a thousand people suspected of using the digital currency for money laundering. Robert Hormats, managing director at Tiedemann Advisors and former vice chairman …
Robert Hormats on China’s crypto crackdown, national security concerns over TikTok, WeChat
Robert Hormats, managing director at Tiedemann Advisors and former vice chairman at Goldman Sachs, joined “Squawk Box” on Friday to discuss China’s handling of crypto, the national security concerns …
China’s eCurrency Can Be Stored In Digital Or Physical Wallets
Mu Changchun said that the state-backed digital yuan can be stored in a variety of wallets — digital, physical, personal, or public.
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