China is continuing its crackdown against the top business figures of the country as it recently arrested two executives of renowned HNA Group, a media report said.
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China banned all crypto transactions on Friday, but experts say the move was mostly priced in for bitcoin
The reaction is significantly smaller than previous bans as the market has already priced in the risk,’ Wes Fulford of Viridi Funds said.
China establishes electricity equipment giant through merger
China has established a central government-controlled electricity equipment company through a merger, according to a statement issued by the State-owned Assets Supervision and Administration …
China pledges to limit emissions of coolant that swells greenhouse gases
SHANGHAI — China will take action to control emissions of HFC-23, a potent greenhouse gas created during the production of refrigerants, the environment ministry said on Saturday. Beijing is facing …
Resolving Meng case removes giant thorn from Canada’s business relationship with China
Finding common ground with China will remain a big challenge for Canada, but Canadian businesses simply could not shun one of the world’s two largest economies, Don Pittis writes.
South China Sea aerial arms race catches Southeast Asia off guard
Most countries are ill-prepared to take on an increasingly assertive China in the air. Well-equipped Vietnam and sophisticated Singapore stand a fighting chance, but Malaysia, Indonesia and the …
Business executives should not be afraid of traveling again
Business or even international ties of any sort between nations cannot function if business executives are targets for bogus charges to help pursue political goals. The political nature of Meng’s …
China Evergrande’s Electric-Vehicle Business Warns of Cash Squeeze
The EV unit of the heavily indebted Chinese property developer said it might not be able to meet its financial obligations.
Meng Wanzhou can return to China, admits helping Huawei conceal dealings in Iran
NEW YORK – Meng Wanzhou, a top Huawei Technologies executive detained for nearly three years in Canada, can return home to China after striking a deal with U.S. Justice Department officials in which …
China’s import and export trade value increased year-on-year in August
China total import and export trade value was US$2,781.6 billion,a year-on-year increase of 37.1%.The total export trade value was US$1,519.3 billion,a year-on-year increase of 38.3%;the total import …
China’s top regulators ban crypto trading and mining, sending bitcoin, rivals tumbling
China’s most powerful regulators have intensified a crackdown on cryptocurrencies, with a blanket ban on all crypto transactions and mining, hitting bitcoin and other major rivals and pressuring …
China central bank declares all crypto transactions illegal
In response to the latest move, bitcoin, the world’s largest cryptocurrency, dropped over 6% to $42,2167, having earlier been down about 1%.
The Briefing: China Bans Crypto Transactions, Cue Health Prices IPO, And More
The People’s Bank of China said the decision was aimed at preventing risks around crypto trading and maintaining national security and social stability. Cryptocurrencies fell immediately after the …
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