“Crypto has the potential to play a significant part in stimulating the American economy and promoting democratic values worldwide,” Brian Armstrong said.
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UK post-Brexit deals with Australia and New Zealand come into force; China’s factory activity falls – business live
Rolling coverage at the latest economic and financial news, as the UK’s trade deals with Australia and New Zealand come into effect since midnight …
Elon Musk’s visit underscores China’s importance to global EV market, analysts say
Sassine said the visit could also be seen as a “political statement” to China, where business leaders like Musk and JPMorgan chief Jamie Dimon are “telling politicians on both sides of the Pacific …
Cargill to sell China poultry business to private equity firm DCP Capital
Agribusiness giant Cargill has agreed to sell its poultry business in China to private equity firm DCP Capital, the U.S. company said in a statement on Wednesday. The sale of the unit known as Cargill…
Nearly 97% foreign firms satisfied with China’s business environment: survey
Some 97 percent of the surveyed foreign firms said they are satisfied with China’s policies on boosting foreign investment that rolled out from the beginning of the fourth quarter of last year to date …
Tesla CEO Elon Musk explores business expansion in China during meeting with Foreign Minister
Beijing/China: Elon Musk, the CEO of Tesla, recently met with China’s Foreign Minister, Qin Gang, during his visit to Beijing on Tuesday.
Elon Musk Says Wants To Expand China Business In FM Meeting
Elon Musk said Tuesday he was willing to expand his business in China, as he met Foreign Minister Qin Gang in Beijing on his first trip to the country in over three years.
China says it took ‘appropriate’ action after its journalists lost Indian visas
China’s foreign ministry said on Wednesday the country took appropriate action in response to India’s treatment of Chinese journalists, following reports Beijing had denied visas to Indian reporters.
China’s Vietnamese durian imports seen pushing total demand for fruit to nearly 1 million tonnes a year
Durian has rapidly become the most popular imported fruit in China, and cities bordering Vietnam are stepping up logistics to ensure that fresh supplies can reach any Chinese city in just 1-3 days.
China’s Geely in early talks to enter Thailand EV market -sources
Major Chinese automaker Geely is in the early stages of planning an entry to Thailand’s electric vehicle (EV) market, including weighing models for import and local manufacturing, according to two …
Asia stocks hit by slide in China factory activity, jitters over U.S. debt-ceiling vote
Uncertainty about U.S. government debt was adding to market anxiety over signs global economic activity is slowing.
Cargill to sell China protein business to private equity firm DCP Capital
U.S. agribusiness giant Cargill has agreed to sell its protein business in China to private equity firm DCP Capital, the U.S. company said in a statement on Wednesday.
The yuan’s depreciation may benefit China’s export demand, portfolio manager says
Daisy Li of New Capital says there isn’t a “very strong” upside for the Chinese yuan at the moment.