In Hong Kong, China is testing stablecoins in fear of capital flight with an aim of challenging the dollar and globalizing the renminbi.
Tagged By export
Humanoid haven: China’s robot store showcases home-grown products amid government push
The Robot Mall in Beijing’s E-Town features products from over 40 domestic brands, including Unitree and UBTech.
China has ‘genius’ stablecoin plan to challenge U.S.
The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration attempts to recover the lost ground with USD-pegged stablecoins, China seems to …
China ends tax exemption on bond interest income effective Aug 8
China has reinstated value-added tax (VAT) on interest income from new bonds issued by government and financial institutions starting Friday, ending a long-standing tax break to ease growing fiscal …
Look out Lexus, China’s carmakers are becoming luxury players
Luxurious, feature-packed cars arriving in Australia at mid-market prices are set to test the established players to the limit.
Trump Calls on Intel CEO to Resign Over China Ties
Intel shares fell over 3% Thursday after President Trump called on the company’s chief executive to resign because of his past ties to China, the latest challenge to hit the troubled chip maker.“The …
In Latest Tariff Onslaught, China Isn’t a Target. Here’s Why.
The administration seems determined to secure a meeting between President Donald Trump and China’s Xi Jinping this fall in hopes of securing a deal on trade and other fronts.
GM to import EV batteries from China’s CATL, source says
General Motors will import electric vehicle batteries from Chinese battery giant CATL , a source familiar with the matter told Reuters on Thursday.
China’s Export Machine Powers Ahead While Trade With US Shrivels
China’s export growth unexpectedly accelerated last month in the fastest gain since April, as demand from around the world compensated for the continued slump in shipments to the US.
China Issues New Rules on Exports of EV Batteries and Materials
China introduced new export restrictions on technologies needed for electric vehicle (EV) battery production, cementing its lead in the
GM Will Import EV Batteries From China’s CATL Despite Tariffs
Two-year stopgap move to power Chevy’s most affordable electric car until its venture with LG unit can increase U.S. production.
China challenges U.S. dollar with risky stablecoin plan
The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration attempts to recover the lost ground with USD-pegged stablecoins, China seems to …
China Faces Economic Blow From Population Crisis
The country could see its potential economic output halved by mid-century amid a flagging birthrate and aging workforce.
