China’s central bank acknowledged cryptocurrencies as an investment. Accidents and inspections suspended crypto mining operations in Xinjiang.
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China’s low-sulfur marine fuel exports at 2nd highest on record
China’s exports of low sulfur marine fuel in March rose 57% on year to the second highest monthly level on record, as demand for the fuel recovered in line with the country’s strong exports of…
China’s crude oil imports from Saudi up 8.8% y/y in March, UAE shipments jump
China’s crude oil imports from top supplier Saudi Arabia rose 8.8% in March from a year earlier, driven by strong demand and as shipments delayed due to a port congestion finally arrived.
China: Hanyu Medical files listing application for Hong Kong IPO
China medtech company, Shanghai Hanyu Medical Technology has filed a listing application on the Hong Kong stock exchange in anticipation of raising fresh capital via an IPO. CICC and Citigroup are …
China’s soybean imports from U.S. surge in March, Brazilian imports plunge
China’s March soybean imports from Brazil plunged as rain delayed some shipments from the top exporter, but its imports of the oilseed from the United States more than quadrupled. BEIJING, April 20 …
China’s Yuan Adds Renewed Momentum to Global Reflation Trade
China’s yuan is overvalued, and that could end up stoking global inflation. The yuan ranks as the most overvalued among 32 major currencies in real effective exchange rate terms, an analysis of …
Goldman Sachs names China’s next billion-dollar brands and picks the ‘hottest’ stocks
Analysts at Goldman Sachs have picked a number of fast-growing Chinese brands that it says younger consumers are ready to pay a premium for. The bank put together a list of its “hottest” stocks to…
Oatly’s US IPO prospectus highlights risks to its Chinese backer
Oatly, the Blackstone-backed vegan milk company which on Monday filed to float on Nasdaq, said it would consider adding a listing in Hong Kong within the next two years, citing its relationship with a …
DeSantis Calls Out “Woke” Corporations: You Do Business With Communist China
Florida Gov. Ron DeSantis commented Sunday on FNC’s “Sunday Morning Futures” that corporations which supported Major League Baseball’s decision to move the All-Star Game out of Atlanta over Georgia’s …
Woke Corporations Adopt Hypocritical Playbook on China
The woke invasion of big business has been a long time in the making. The hypocritical actions regarding China reveal its shallowness.
Kudlow: Stimulus payments to Americans are stimulating China’s economy
Fox Business Network host Larry Kudlow warned Monday of the unintended consequences of stimulus payments and high government spending.
Citigroup to seek licences for new wholly-owned securities business in China
Citigroup is the latest foreign lender to seek to expand its presence on the mainland as China further opens up its financial markets.
China softens tone on bitcoin, calling it an ‘investment alternative’ after years of cracking down on crypto
“We regard bitcoin and stablecoin as crypto assets …These are investment alternatives,” Li Bo, deputy governor of China’s central bank, told CNBC.
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