China plans to revise its Anti-Money Laundering policies to include cryptocurrencies. The move remains crucial as the nation has never updated its AML rules since its 2007 inception. Anticipated to …
Tagged By ipo
China prepares to introduce crypto AML laws by 2025
China is revising its AML laws to include cryptocurrencies, aiming to enact these changes by 2025 for a stronger financial framework.
China comes just shy of Japan as the world’s largest car exporter
More than 70% of China’s car exports in 2023 were of gasoline-powered vehicles, according to the country’s Ministry of Commerce.
China to introduce revised crypto AML regulations by 2025
Major participating Chinese scholars and financial experts said that the AML law involves a relatively broad scope, making it difficult for the revised draft to be comprehensive.
BYD first China marque to break into Singapore’s top 10; Toyota, Mercedes, BMW still the top three
BYD has become the first car brand from China to rank among Singapore’s top 10 bestsellers, jumping to fifth place and becoming the top electric vehicle (EV) brand in 2023. Toyota, Mercedes-Benz and …
China overtook Japan as world’s top vehicle exporter in 2023
China overtook Japan as the world’s biggest vehicle exporter last year, data from the Japan Automobile Manufacturers Association showed Wednesday.That compared with 4.91 million exported by China, as …
Amer Sports’ China Reliance Weighs on 2024’s First Big IPO -Sources
Founded in Helsinki in 1950, Amer Sports was acquired by a consortium of primarily Chinese firms in 2019 for 4.6 billion euros ($5 billion). The biggest shareholder, with a 56% stake, is Anta Sports, …
China is a greater threat to the US than Russia and that’s why the CIA doubled its budget for it, agency chief says
“While Russia may pose the most immediate challenge, China is the bigger long-term threat,” said CIA director William J. Burns.
What Evergrande’s Collapse Might Mean for Global Business
The long-embattled property developer was finally ordered to liquidate. What comes next will test Western companies’ appetite to keep operating in China.
China bans imports of ruminants animals from Iraq due to bluetongue disease
China has banned the direct and indirect import of ruminants and its related products from Iraq due to an outbreak of bluetongue disease, the General Administration of Customs said.
UAE dumps US dollar, goes digital Dirham in landmark China agreement
BRICS members China and the UAE completed a cross-border transaction using the new Digital Dirham, which eliminated the need for the US dollar.
Passenger, commercial vehicle exports see notable growth in Fujian, SE China
Vehicles for export are loaded into a ro-ro cargo vessel at Jiangyin terminal of Fuzhou Port in southeast China’s Fujian Province, Jan. 30, 2024. Customs data showed that the automobile exports of …
Temu, Shein Packages and Electric Cars Prop Up China’s Exports
(Bloomberg) — In a dismal year for China’s export economy, two categories stood out for their rapid growth: cars and cheap, direct-to-consumer parcels. Most Read from Bloomberg Musk Says First …