The setback puts Didi’s investors in a bind, as they prepare to vote on May 23 on the proposal by China’s dominant ride-hailing company to delist from New York.
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Here’s why a further drop in China’s yuan could lead to another round of shockwaves in markets
Fears of renewed lockdowns in Beijing send the onshore yuan to its lowest level in more than two years, though it’s too soon to say if PBOC will intervene.
Crypto Column: Prices Mixed as Stocks Slump Over Fed-Policy Concern
Crypto prices are mixed on Monday, with bitcoin slipping below $40,000, amid concern about economic policy and China’s renewed covid restrictions.
Luxury Faces Headwinds in China, Room to Grow in the Americas
Luxury brands may face additional headwinds in China as pandemic-related restrictions widen to Beijing, Barclays warned in a research report Monday. With around a dozen locations each, “Gucci and …
China’s Zero COVID Policy to Renew US West Coast Port Congestion
Lockdowns in Shanghai and elsewhere are resulting in shortages, as there’s a backlog of goods waiting to be moved within China and around the world.
China’s cross-border e-commerce gains growth momentum, bolsters consumption
China’s cross-border e-commerce has gained momentum amid the COVID-19 epidemic, providing broader market opportunities and driving domestic consumption growth. The market size of cross-border …
China’s first court ruling on NFT art theft holds marketplace accountable
An NFTCN user listed an NFT using a cartoon picture created by artist Ma Qianli without permission, the plaintiff said The court decided that the platform failed to check whether the user who created …
The Aluminum Price Forecast: China Is Coming
The current European marketplace is so tight that UK consumers simply accepted March’s 35% import tariff on Russian deliveries. Click here to read more on aluminum price forecast.
How have Crypto restrictions affected the Chinese markets?
On the contrary, countries like China have banned all kinds of digital currencies and related crypto activities. The question of interest is why digital currency is restricted in an industrial region …
Noted Chinese calligraphy & painting brand to mark 350 years
This year marks the 350th anniversary of Rong Bao Zhai, one of China’s most famous brands that markets painting and calligraphy products. Recently, a commemorative badge designed for this occasion by …
CryptoCodex: Coinbase CEO Reveals Surprise Crypto Prediction As The Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Luna Crash
Coinbase COIN chief executive Brian Armstrong, one of the most influential voices in the world of crypto, has weighed in on what the future crypto regulatory lands …
China’s Zero-COVID policy hits Chilean fruit exports
Entornointeligente.com / Exporting fruits to China no longer how it used to be Sanitary measures by Chinese health authorities to curb the spread of COVID-19, which include port closures, are taking a …
Why blockchain is the future of the internet
Blockchain will create a trusted, unfilterable, uncensorable repository of data and information that is accessible worldwide.
