Regulators in China have cracked down again on Bitcoin and cryptocurrencies. Find out what happened in China and how it might impact your investments.
Tagged By finance
China banking chief urges Beijing to give the yuan its freedom
China has been urged to release the reins on the yuan exchange rate if it’s serious about giving their currency global clout. Beijing has taken some steps towards more financial liberalisation in …
Explained: What Beijing’s new crackdown means for cryptocurrencies in China
The fresh crackdown makes it more difficult for individuals to buy cryptocurrencies using various payment channels, and could impact miners’ business by making it harder for them to exchange …
What Beijing’s new crackdown means for crypto in China
Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to …
China Bars Financial Companies From Cryptocurrency Services
In a fresh crackdown on cryptocurrencies, China has banned financial services providers from certain offerings related to the popular but volatile asset class. In a joint statement issued on Tuesday, …
Intl Finance Forum 2021 spring meetings set for Beijing May 29-30
The spring meetings of International Finance Forum 2021 will be held from May 29 to 30 in Beijing, and will involve discussion topics of common development, sustainable finance, climate change and …
Explainer: What Beijing’s new crackdown means for crypto in China
Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrency, marking a fresh crackdown on digital coins. Many …
Huarong Volatility Intensifies as Beijing Keeps Traders Guessing
Another week of silence from Beijing on the fate of China Huarong Asset Management Co. is stoking renewed volatility in the company’s bonds, as traders juggle competing narratives about the prospect …
China’s biggest bad bank, Huarong, tests Beijing’s resolve on financial reform
Beijing has spent decades bailing out Chinese companies that got in over their heads, but in recent years has vowed to turn off the tap.
China gives nod for 9 more ETFs to invest in HK tech shares -Caixin
China’s securities regulator has approved a fresh batch of nine exchange-traded funds (ETFs) that target technology shares listed in Hong Kong, financial media Caixin reported on Tuesday, potentially …
China-Australia relations: is this the start of ‘mining boom 2.0’ as Canberra rakes in cash from iron ore rally?
Despite political tensions that have seen China block a range of Australian exports over the past year, the massive iron ore trade has remained unscathed.
Global Banks Losing Share in China’s $186 Billion Loan Market
Global banks are losing share in the $186 billion lending market for Chinese borrowers offshore, falling behind local rivals boosting their presence just as the nation’s corporate sector recovers from …
China April new bank loans fall to 1.47 trillion yuan, below forecast
Chinese banks extended 1.47 trillion yuan ($228.21 billion) in new yuan loans in April, down from March and missing analysts’ expectations. Analysts polled by Reuters had predicted new yuan loans …
