Shanghai on Tuesday published a set of guidelines to promote use of blockchain, the digital yuan, and the metaverse in the city’s legacy industries.
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Can China’s new action plan lift economy out of deep-rooted malaise, bring market peace of mind?
China is rolling out a package of policies to invigorate its economy, including a long-awaited action plan to shore up the ailing private sector that underpins economic growth, jobs and technological innovation.
China’s June imports of Russian crude jump to record 2.56 mln bpd
China’s imports of crude oil from Russia hit an all-time high in June, Chinese government data showed on Thursday, with refiners continuing to snap up discounted Russian ESPO even as discounts against …
China prepares to implement mandatory certifications
China will start to implement mandatory certification for lithium-ion battery products starting from August 1 this year, despite calls from South Korea to defer such applications for South Korean …
Will China Finally Implode This Time?
China’s GDP growth was disappointing, government debt is high, and its young people are unemployed. So what? Experts have wrongly predicted a China crash for yers.
South China’s Hainan sees foreign trade surge in H1
HAIKOU – The total import and export of goods in South China’s Hainan province hit 115.16 billion yuan ($16.11 billion) in the first half of this year, up 26.4 percent year-on-year, Haikou Customs …
Does China determine Hong Kong’s crypto aspirations?
As the crypto whirlwind sweeps across the globe, Hong Kong seems to be caught in its gust. However, this adoption wave isn’t just a local phenomenon; it’s a telltale sign of the undercurrents coursing …
Overcapacity in China’s EV battery industry to reach four times demand by 2025, putting small players at risk
China’s electric vehicle battery industry will face severe overcapacity in the next two years, which could lead to the closure of many small players, analysts say.
China’s Oil Imports Hit New Highs, Output Soars
China has ramped up crude output, and is currently pumping 4.3 million barrels a day making it the world’s fifth largest producer.
Animoca Founder Highlights China’s Influence on Hong Kong’s Crypto Push
Yat Siu, the founder of Animoca Brands, has recently highlighted China’s influence on Hong Kong’s crypto development. While speaking at the 2023 Ethereum Community Conference (EthCC), Siu noted that …
Russia and China’s trade relationship has become increasingly lopsided
Import data reveals just how reliant the Kremlin has become on Beijing over a year into Russia’s war in Ukraine.
Governments in China are Propping Up Hong Kong’s Ailing IPO Market
Chinese companies wanting to go public in Hong Kong have had a hard time getting international investors to buy their shares. Local governments in China are stepping up to help fill the void—and …
LI Stock Outlook: Can China’s Middle Class Afford This New Minivan?
Anyone who bought Li on its IPO in mid-2020 is sitting on a profit of 140% … But there’s an important piece of the Li stock story we haven’t yet touched on. China’s “one-child policy”…
