The U.S. mutual-fund giant has drastically changed its view of what Jack Ma’s Ant Group is worth after China’s regulatory crackdown on the fintech giant severely dented its growth prospects.
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Kelly Evans: Taking crypto seriously
Still, these new blockchains and crypto coins have a ways to go before they’re fully ready for widespread use and adoption. Each coin has its own approach to “monetary policy,” for better or worse.
Mainland China Traders Take Labor Day Holiday
Asian equities were lower as China, Japan, and Thailand were closed today for the Labor Day holiday. Volumes in Hong Kong were off -23% from Friday, highlighting the start of a slow week as China’s…
Blinken says China is ‘acting more repressively at home and more aggressively abroad’
The US Secretary of State told CBS News that he wanted to avoid military confrontation between the two superpowers.
China Cocoa Export: Ghana Must Be More Aggressive At Value Addition
News about China exporting cocoa to Belgium has unsettled many in Ghana, the world’s second-largest cocoa beans exporter. Concerns are that the Chinese, with capital and technology, will outcompete …
China’s internet watchdog finds 33 mobile apps broke data privacy rules
China’s main internet watchdog has found that 33 mobile phone apps have broken data privacy rules by collecting data without consent, among other issues. SHANGHAI, May 3 (Reuters) – China’s main …
Mastercard seeks role as bridge to facilitate cross-border use of China’s digital yuan
Cross-border use of digital yuan could be widened with card network acting as agent to convert from and into physical money, Mastercard says …
China’s Waterdrop aims to raise $360 million in New York IPO
Chinese online insurance technology firm Waterdrop Inc aims to raise up to $360 million in an initial public offering on the New York Stock Exchange, company filings show.
Biden news – live: US brands China ‘aggressive’ as North Korea says Washington heading for ‘all-out showdown’
The Biden administration has accused China of acting “aggressively” while North Korea has warned the US of an “all out showdown” as relations between Washington and its foes in the Asia-Pacific region …
China Business Summit highlights China-New Zealand relations, cooperation
Former Prime Minister of New Zealand Helen Clark delivers a speech at the China Business Summit 2021 in Auckland, New Zealand. The China Business Summit 2021 highlighted the importance of China-New …
Differences with China becoming ‘harder to reconcile’: New Zealand PM
The comments come as New Zealand faces pressure from some elements among Western allies over its reluctance to use the Five Eyes intelligence and security alliance to criticize Beijing.In a speech at …
Roundup: China Business Summit highlights China-New Zealand relations, cooperation
The China Business Summit 2021 highlighted the importance of China-New Zealand relations and cooperation on Monday. New Zealand Prime Minister Jacinda Ardern delivered her keynote speech on New …
China’s Waterdrop aims to raise $360 mln in New York IPO
Chinese online insurance technology firm Waterdrop Inc aims to raise up to $360 million in an initial public offering on the New York Stock Exchange, company filings show.