Analysts say they could also leverage the interests of external powers to drive their own security agenda, especially if they remain united.
Tagged By finance
How China’s Tech Crackdown Benefits A-Shares
China’s recent crackdown on tech has created an unintended gap between onshore and offshore Chinese companies, with offshore firms being hit hard by new regulations, according to the Wall Street …
Corruption parade at China Development Bank gets longer
Zhang Liwu, a former official at the China Development Bank (CDB), was expelled from the Communist Party on corruption allegations in a series of graft probes that have rattled the nation’s biggest …
China Jan-May State-Owned Firms’ Profits up 170% Y/y – Finance Ministry
Profits at China’s state-owned enterprises rose 170% to 1.79 trillion yuan ($276.18 billion) in the first five months of the year versus the same period a year prior, the ministry of finance said on …
China’s GDP Surge Is Chance To Reboot Country’s Image On World Stage
The best thing Xi Jinping can do to boost China’s soft power is to lean into this recovery, and provide the stability that the rest of the globe needs.
China’s crackdown on big tech will last for a while, BlackRock says. Here’s what they’re buying instead
“This regulatory cycle is long-lasting compared to 2018,” Lucy Liu, a BlackRock portfolio manager, said during a mid-year Asia investment outlook.
China, U.S. May Hold Diplomatic Talks Next Week, FT Reports
Top Chinese and U.S. diplomats may hold talks during a Group of 20 meeting next week in Italy, the Financial Times reported, a sign the governments of the world’s biggest economies may be taking steps…
U.S., China discuss possible meeting of secretary of state, Chinese foreign minister -FT
The United States and China are discussing a possible meeting of U.S. Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi at a G20 meet in Italy next week, the Financial Times …
China’s EV maker Xpeng gets approval to list in Hong Kong -source
The listing committee of Hong Kong Stock Exchange has approved China’s electric vehicle maker Xpeng Inc (XPEV.N) for a dual primary listing in the Asian financial hub, a source with direct knowledge …
China’s Central Bank Tells Alipay And Banks To Crackdown On Cryptocurrencies
China’s central bank has ordered Ant Group and four state-owned banks to step up their clampdown on cryptocurrencies as Beijing intensifies its efforts to eradicate transactions involving bitcoin and …
China Clobbers Crypto
On the menu today: the EU goes after Google, China clobbers crypto, and the hurdles to Bitcoin as digital gold.
China Hates Crypto: Message Received
The current crackdown on mining goes even further in eradicating cryptocurrency activities from China’s economy.
Bitcoin falls below $30,000 as China cracks down cryptocurrency operations
With Tuesday’s sell-off, which slashed the values of the 20 largest tokens by market cap, bitcoin has lost more than half its value since April.
