“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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China Asserts Bitcoin is an ‘Investment Alternative’
On April 18, it was revealed that the People’s Bank of China is now referring to bitcoin as an “investment alternative.” …
China trade: imports help Japan’s exports post largest monthly gain since late 2017
Japan’s economy is gradually recovering from the coronavirus shock, driven in large part by greater demand for plastics, semiconductor machinery and raw materials in China.
Countries will battle for Apple’s business outside China – analyst
We will see different countries around the world battle for Apple’s business throughout the 2020s, suggests a respected analyst, as …
Less than 200 Days to the 4th China International Import Expo (CIIE)
Stock quotes by finanzen.net SHANGHAI, China, April 19, 2021 /PRNewswire/ — Preparations for the fourth China International Import Expo (CIIE) are in full swing. The world’s largest import expo is …
What next for Ant Group after Beijing orders restructuring?
China has imposed a sweeping restructuring plan on Jack Ma’s Ant Group, the fintech conglomerate whose record US$37 billion (RM152.4 …
China Calls Crypto an ‘Investment’; Crypto Demand Bounces Back in Asia
China gives the “alternative investment” label to crypto and hints at reserving a seat for digital assets in the country’s digital economy. Meanwhile, exchanges in Asia recover from crypto’s weekend …
China Calls Bitcoin An ‘Investment Alternative’ — Why The Move Is Significant
China’s central bank is now calling the world’s biggest cryptocurrency Bitcoin (BTC) an “investment alternative,” CNBC reported Sunday, citing the bank’s deputy governor. What Happened: “We regard …
Ant Group explores ways for founder Jack Ma to exit as Beijing piles pressure
The company hoped Ma`s stake, worth billions of dollars, could be sold to existing investors in Ant or its e-commerce affiliate Alibaba Group Holding Ltd without involving any external entity, one of …
China’s Xi to Give Speech Tuesday; Trade Tensions: Boao Update
Click here for the agenda, here for latest list of delegates; Xi to Discuss Global Risks and Challenges in Speech Tuesday; Chinese central bank governor Yi Gang to speak on a pane …
China-North Korea trade jumps after pandemic slump but sanctions curb business with Pyongyang
Observers in China said that because nuclear talks between North Korea and the US were stalled, China’s trade with North Korea was restricted by UN sanctions. A small portion of the bilateral trade …
Tapping Into China’s Growth: Three Factors Every Brand Should Consider
From the perspective of a managing director of a company that specializes in launching U.S. brands in China, here are three major factors to consider if you plan on venturing into this market: 1.
China says it has no plans to oust US dollar with digital yuan
International use of the digital yuan will not replace the US dollar as the world’s main reserve currency, according to People’s Bank of China Deputy Governor, Li Bo.
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