Kristalina Georgieva, the managing director of the IMF, has denied pressuring World Bank staff to change its flagship country ranking to benefit China, in her most extensive attempt yet to defuse a …
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China cracks down harder on cryptocurrency, banning all transactions.
The clampdown comes as China’s central bank has been testing its own digital currency, the electronic Chinese yuan. The price of Bitcoin fell as much as 6 percent on the news.
China looms large over Biden’s meeting with ‘Quad’ leaders of India, Australia and Japan
Biden’s meeting with the leaders of India, Japan and Australia is meant to show Beijing the US and allies are serious about countering China’s rise.
Wonking Out: This Might Be China’s ‘Babaru’ Moment
The story of the moment is Evergrande, a huge, heavily indebted real estate company that appears on the edge of default. The echoes of the global financial crisis 13 years ago are obvious. The …
China’s crypto ban has almost achieved a ‘meme-like status,’ but here are the lingering impacts
Most analysts expect the sell-offs from ‘China FUD’ to be short-term, but China’s most recent crypto crackdown could further changes the industry’s …
Huawei Executive Meng Wanzhou Could Return to China After Reaching Deal With DOJ
The Justice Department submitted a letter saying it would address “a resolution of the charges against the defendant in this matter” at a hearing.
Canada, China and US were all doomed to lose in Meng Wanzhou’s case
Analysis: After the Huawei chief’s detention, the saga rapidly turned from a narrow legal dispute into an escalating battle …
‘Quad’ meets at White House as China looks warily on
Leaders of the United States, Japan, India and Australia met on Friday for a summit amid shared concerns about China’s growing power and behavior, a meeting expected to yield progress on COVID-19 …
The ‘Quad’ meets in the White House as China looks warily on
Leaders of the United States, Japan, India and Australia gathered on Friday for a summit expected to bring progress on COVID-19 vaccines, infrastructure and technological cooperation.
NASA Wants to Work With China in Space
In a wide-ranging interview, NASA Administrator Bill Nelson spoke to Newsweek about China, the billionaire space race and government funding.
China declares cryptocurrency transactions illegal as crackdown continues
Bitcoin, Ethereum and other cryptocurrencies dipped in value on Friday after China declared all transactions involving these digital currencies “illegal.” China’s central bank, the People’s Bank of …
Evergrande leaves China’s economy at a turning point
Sign up to myFT Daily Digest to be the first to know about Chinese economy news. In 2007, China’s then premier Wen Jiabao called the economy “unstable, unbalanced, uncoordinated and unsustainable”.
In the eyes of Beijing, the Quad poses a more menacing threat than Aukus
China initially dismissed the Quad as being of no consequence, but it now appears to pose more of a problem for Beijing than Aukus, writes , Diplomatic editor …
