China has opened a new digital yuan operations center in Shanghai for cross-border payment and blockchain services.
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China now has more factory robots than rest of the world combined: 2 mn at work
Fuelled by state subsidies and industrial strategy, China’s factories now employ over two million robots, more than the rest of the world combined …
Exclusive: China’s Momenta considers shifting IPO to Hong Kong from New York, sources say
Momenta is considering shifting its IPO to Hong Kong from New York, four people said, adding to a growing list of Chinese companies opting to debut in the Asian financial hub amid heightened …
China launches digital yuan center to boost cross-border trade, investment
With the strong growth momentum to be injected by the new center, Shanghai will expand the application scenarios of the digital RMB, broaden its usage scope and help improve the internationalization …
China launches an investigation into Mexico’s tariffs on imports from Asia
BEIJING (AP) — China has opened an investigation into whether import tariffs being imposed by Mexico are a trade and investment barrier. Mexico plans to impose taxes as high as 50% on more than 1,400…
China opens digital yuan office in Shanghai
China’s main bank opened a digital yuan office in Shanghai this week, part of the country’s plan to get more nations using its money around the world.
China opens Shanghai digital yuan hub for cross-border, blockchain services
China launches a digital yuan operations hub in Shanghai to oversee cross-border payments, blockchain services and digital-asset platforms.
China’s August net gold imports via Hong Kong fall 39% from July
China’s net gold imports via Hong Kong in August fell 39.11% from July, Hong Kong Census and Statistics Department data showed on Thursday. WHY IT’S IMPORTANT As the world’s leading gold consumer, …
China probes US, Mexican pecan imports, Mexico’s restriction measures
China’s commerce ministry initiated an anti-dumping investigation into pecans imported from the United States and Mexico on Thursday, signalling more global trade tensions and increased friction with …
Grains Try to Hold Wednesday as China Buys More Argentine Beans
Kent Beadle with Paradigm Futures says the soybean market saw a bit of recovery on Tuesday and was trying to hold Wednesday morning with news that China has purchased more Argentina soybeans.
China opens digital yuan hub in Shanghai to boost global use
China has launched a digital yuan hub in Shanghai to boost the currency’s international adoption for trade and cross-border payments.
Why UK firms are bucking the trend to downsize in Asia amid HK IPO boom
When CMS picked up a nine-lawyer team from BCLP this August, it represented the end of the transatlantic firm’s foray into Asia. BCLP’s offices in Hong Kong and Singapore are expected to close …
The curious case of China buying 2.7 mn tonnes of crude from oil importer Indonesia: Iranian barrels rerouted?
China’s sudden purchase of 2.7 million tonnes of crude from oil-importing Indonesia raises questions over whether Iranian barrels are being rerouted through Southeast Asia to evade US sanctions …
