Companies that want to do business in China have long made compromises in the pursuit of success. Now an escalating diplomatic dispute over human rights is underscoring the stark choice facing Western …
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China’s aluminium imports underpin physical premium surge
Its continued purchases of metal from the international market are underpinning the global premium surge. China started importing primary aluminium in the second quarter of 2020. It was the first time …
China preparing for resumption of North Korea trade, report says
Advertisement The exports are essential goods, including food products and infant formula. China also has registered building materials to go toward the construction of 10,000 apartment units in …
Tron – China Takes Digital Yuan To Hong Kong For A Cross-Border Pilot
China has been spearheading the entire central bank digital currency [CBDC] game. The Covid-19 pandemic enhanced the importance of digitalization as a mere human touch had the ability to cause death.
China Markets Rise Friday, Week In Review
The company’s bottom line was hurt by intense investment activity, which comes at an inopportune time due to the value rotation.
The US says China is committing genocide against the Uyghurs. Here’s some of the most chilling evidence.
The Uyghurs are a predominantly Muslim ethnic minority that the Chinese government views as a threat in part because some have sought autonomy.
JD Technology withdraws IPO application in Shanghai amid China’s fintech rule changes
JD Technology has withdrawn its IPO application in China’s Nasdaq-style Star Market, a day before completing its US$2.4 billion business restructuring.
Bitcoin surge could be driving digital yuan interest, says people’s bank of China
The digital yuan is China’s central bank digital currency, and like all CBDCs its foundational principles are completely antithetical to those of the cryptocurrency space. Core crypto concepts of …
JD Digits IPO terminated, Chinese stock exchange says
China Shanghai Stock Exchange said on Friday it had terminated the planned initial offering (IPO) in JD.Com-affiliated JD Digits, which had aimed to list on the Nasdaq-style STAR Market. BEIJING, …
Bitcoin price surge may be driving up interest in digital yuan, Bank of China says
The recent rise of bitcoin could be among the reasons for renewed interest in the Chinese digital yuan project, according to the People’s Bank of China (PBOC). The world’s top crypto, bitcoin, is …
China Puts Limits on Foreign Banks, Worrying Businesses
New rules, aimed at taming big money flows and possibly controlling the Chinese currency, could give domestic rivals a competitive edge and make international firms more dependent on local lenders.
Home Cleaner Swan Said to Revive U.S. IPO at $3 Billion Value
Swan Daojia, the maid and home-maintenance service provider formerly known as 58 Home, has revived its planned U.S. initial public offering as soon as this year, according to people familiar with the …
China leads the charge towards Blockchain 3.0
2020 was a big year for blockchain projects in China after President Xi Jinping called for further development of the technology at the end of 2019 China’s 14th five-year plan outlines the country’s …
