The China Internet Finance Association has signed a joint statement with the China Banking Association and China Payment and Clearing Association, warning the public about the risks of investing in …
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China bans financial, payment institutions from cryptocurrency business
China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading …
How Apple reportedly gave up control of iCloud for business growth in China
China is one of the biggest markets in the world for Apple’s products. In its recent quarterly results, the company registered a whopping $17.7 billion in iPhone sales in the region. However, this ste …
Alibaba-Backed Huitongda Weighs $1 Billion Hong Kong IPO
Huitongda Network Co., a Chinese e-commerce platform serving the country’s rural areas, is weighing a Hong Kong initial public offering that could raise as much as $1 billion, according to people …
Losercoin, and a new crypto mining crackdown? Blockheads
Crypto mining in Sichuan could face increased scrutiny from authorities as they look towards carbon neutrality; Losercoin’s short-lived wins.
China Youran Dairy starts HK IPO process to raise up to $800 mln -sources
China Youran Dairy Group started briefing investors on Tuesday as it looks to raise up to $800 million in its Hong Kong initial public offering (IPO), according to two sources with direct knowledge of …
China’s April diesel exports rise 5.7% on resurgent overseas demand
China’s diesel exports in April rose 5.7% from the same period last year because of resurgent overseas demand and refiners’ efforts to reduce bulging domestic stocks. BEIJING, May 18 (Reuters) – China …
TABLE-China’s grain, pork and sugar imports in April 2021
The table below shows imports of China’s major agriculture products in April, according to data released on Tuesday by the General Administration of Customs. The data did not provide a breakdown on …
Nine in 10 Chinese family business operators expect to report growth next year, PwC poll finds
About 89 per cent believe they could report growth in 2022, compared with 83 per cent in Hong Kong and 86 per cent globally.
China-Vietnam border port opens to imports of fresh fruits
The China-Vietnam border port of Dongxing in southern China’s Guangxi Zhuang Autonomous Region has received approval to handle imports of fresh fruits. The Dongxing port of entry cleared its first …
China’s aggressive finance strategy harms the competitiveness of U.S. exporters
The Trump administration identified China as a strategic competitor and economic security as national security. It then created tools of economic statecraft to respond to the China challenge.
This Week in Crypto: Ethereum falls after new high; Argo and DMG join climate accord; China gets tough amid Zhao Dong trial
Ethereum’s value surpassed $500bn before Elon Musk brought crypto miners’ environmental impact into renewed focus, Argo and DMG join the crypto climate accord, and a high-profile crypto trial begins …
China says will extend tariff exemption for some U.S. imports
China will extend a tariff exemption for 79 products imported from the United States that is due to expire on May 18, the finance ministry said in a notice published on Monday. The products include…