Circle’s share of the stablecoin market has grown to 23.5% in 2021, trailing only Tether. By going public, its “share will increase further?” …
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The Chinese Brand Selling Cosmetics With Tones of National Pride
Among this year’s hottest makeup items in China are a delicately carved lipstick packaged in a Chinese love lock and a brow pencil with a cap that looks like a lotus seed pod. With such…
China kicks off national carbon-trading exchange, using market prices to put nation on track to reach 2060 neutrality goal
China last month set up a high-powered leading group on carbon neutrality, chaired by first vice-premier Han Zheng, highlighting the nation’s seriousness to step up efforts to reach its carbon …
China’s Bitcoin Mining Plunges: Is Its Crypto Industry Dead?
According to a recent study by the Cambridge Centre for Alternative Finance, China’s bitcoin mining power plunged 75.65% between September 2019 and …
China’s Little Red Book Halts U.S. IPO After China Curbs
Chinese social media and e-commerce startup Xiaohongshu, or “Little Red Book,” is putting its U.S. initial public offering plans on hold after China tightened rules on overseas listings, according to …
China’s diverting IPO windfalls from the US to Hong Kong
Companies listing in Hong Kong would still need to be vetted by the CAC and obtain approval from the Chinese securities watchdog under the new framework being considered by Beijing, according to …
Steel Sector Update – China’s Steel Exports Rise As Domestic Demand Weakens: Motilal Oswal
China’s apparent monthly steel consumption fell below 1% YoY last month for the first time since March 2020. Lower consumption in China also pushed mills to export more, with Ju …
China vows to retaliate if US imposes further Hong Kong sanctions and issues business warning
The White House has signalled that it will target more officials over what it sees as the erosion of the city’s freedoms.
After closing down exchanges and other related businesses, China is going after crypto community forums like Coin World
China made it very clear early on that it isn’t a fan of decentralised currencies and vowed to take action against the rising trend. The last few years were great for the crypto mining community…
China’s central bank says crypto gave impetus to the creation of its CBDC
A working paper released in English by the People’s Bank of China cites cryptocurrencies as an important context for the digital yuan’s development and reveals that the digital currency will use …
China Opened a National Carbon Market. Here’s Why it Matters.
The program may help China eventually curb greenhouse gas pollution. But making emissions markets work is tricky.
China, Moving Cautiously, Starts Carbon Trading Market
China has begun operating its first nationwide carbon trading market in a step meant to help curb worsening pollution.
China’s exports increase by 32.2%
China’s exports accelerate, outbound shipments increase 32.2% China’s imports and exports posted stronger-than-expected growth in June as global demand for Chinese goods remained solid and sporadic …