China Financial News
30.04 / 02:51
Janet Yellen Says Security Comes Before Economy in U.S.-China Relationship
WASHINGTON—Treasury Secretary Janet Yellen said protecting national security would be the U.S. priority in its relationship with China even if it slows economic growth, taking a hawkish stance as she pushed for more collaboration with Beijing.
29.04 / 10:49
Europe’s Economy Barely Avoids Recession
Europe’s economy skirted a recession at the start of the year, underlining the continent’s surprising resilience despite Russia’s war on Ukraine, signs of banking strains, and repeated interest-rate increases to combat stubbornly high inflation.
29.04 / 10:49
Janet Yellen Says Security Comes Before Economy in U.S.-China Relationship
WASHINGTON—Treasury Secretary Janet Yellen said protecting national security would be the U.S. priority in its relationship with China even if it slows economic growth, taking a hawkish stance as she pushed for more collaboration with Beijing.
29.04 / 08:51
business
Scams
Tencent Cloud to reportedly offer deepfake creation tool at $145
Tencent Cloud — the cloud services provider arm of Chinese tech giant Tencent — has launched a new digital human production platform allowing users to create deepfakes of any individual based on a three-minute video clip and 100 sentences of voice material.
28.04 / 16:23
Blockchain
Payments
FinTech
Money Transfers
Pilots
Crypto platform Simple.app pilots new solution for sending money to Ukraine
International money transfers have long been a challenge for anyone who needs to send money from one country to another. Traditional banking systems are slow and expensive because many banks don’t have a direct relationship with each other, so they have to charge high processing fees or use an intermediary to complete a transfer. The multi-step process can take days or even weeks to complete a transfer. This makes it increasingly difficult for people to pay for expenses abroad or send money to loved ones who may be in a time crunch.
28.04 / 15:11
Where crypto can grow: Digital asset regulations around the world
As cryptocurrencies continue to become a bigger part of the global economy, more and more governments are exploring ways to regulate the industry and construct rules for firms operating in the space.
28.04 / 12:27
recovery
China Celebrates Economic Recovery, Pledges More Help on Jobs
SINGAPORE—The top policy-making body of China’s Communist Party pledged to nurture the country’s economic recovery after better-than-expected growth in the first quarter of the year, signaling optimism over the outlook for the economy while acknowledging problems such as local-government debt and youth joblessness.
28.04 / 12:27
Europe’s Economy Barely Avoids Recession
Europe’s economy skirted a recession at the start of the year, underlining the continent’s surprising resilience despite Russia’s war on Ukraine, signs of banking strains, and repeated interest-rate increases to combat stubbornly high inflation.
28.04 / 12:07
Relationships
NOT
Top Biden Aide Says U.S. Subsidies Will Help, Not Hurt, Relationships With Allies
WASHINGTON—A top White House official said new U.S. industrial subsidies would help forge stronger international partnerships and counter China, rebuffing criticism that the policies are dividing the U.S. and its allies.
28.04 / 11:29
CBDC
Adoption
regulation
Europe
European Union
Euro
digital euro
European bankers on digital euro: 'ECB has no interest in users’ personal data'
As the various stakeholders within the European Union continue to research the potential of a single central bank digital currency (CBDC), the representatives of both private and public banking institutions share their opinion on the digital euro.
28.04 / 11:29
business
Bitcoin
open
Hong Kong regulator requires banks to open accounts for crypto firms
The Hong Kong Monetary Authority (HKMA), the region’s central banking institution and regulator, has called on banks to provide services to cryptocurrency firms.
28.04 / 11:29
business
Adoption
Survey
Research
46% of millennials across major economies own crypto: Bitget research
A new survey suggests that 46% of millennials across major population countries, such as the United States, China, Japan, Germany, Indonesia and Nigeria, own cryptocurrencies.
28.04 / 09:19
Janet Yellen Says Security Comes Before Economy in U.S.-China Relationship
WASHINGTON—Treasury Secretary Janet Yellen said protecting national security would be the U.S. priority in its relationship with China even if it slows economic growth, taking a hawkish stance as she pushed for more collaboration with Beijing.
28.04 / 09:19
Europe’s Economy Avoids Recession—Just About
Europe’s economy skirted a recession at the start of the year, underlining the continent’s surprising resilience despite Russia’s war on Ukraine, signs of banking strains, and repeated interest-rate increases to combat stubbornly high inflation.
28.04 / 09:19
boost
China’s Consumers Give Economy a Post-Covid Boost
HONG KONG—For years, economists have warned that China’s economy suffered from an imbalance that made its rapid growth unsustainable. The country was too reliant on investments and didn’t have enough consumer spending.
28.04 / 09:19
Threat
Forget Macron, Europe and the U.S. See Eye-to-Eye on China’s Threat
In its geopolitical competition with the West, China has long sought to divide the U.S. from Europe. Last week it appeared to score a coup when French President Emmanuel Macron declared Europe wouldn’t follow the U.S.’s approach toward Beijing.
28.04 / 07:19
27.04 / 20:47
Ethereum
Mining
Bitcoin
Consumption
Cambridge Study Reveals Ethereum's Lifetime Energy Use Before Merge on Par with Switzerland's Annual Consumption
A study conducted by Cambridge University’s Centre for Alternative Finance (CCAF) has found that the Ethereum network during its lifespan has used as much energy as Switzerland.
27.04 / 16:13
Metaverse
Meta
Meta Ceo
Future
China's Metaverse Geared Towards Work and Health – Is This the Future?
As Meta and other Western tech giants seek to create virtual worlds for consumers in the metaverse, China is taking a different approach.
27.04 / 09:45
boost
China’s Consumers Give Economy a Post-Covid Boost
HONG KONG—For years, economists have warned that China’s economy suffered from an imbalance that made its rapid growth unsustainable. The country was too reliant on investments and didn’t have enough consumer spending.
27.04 / 09:45
UPS
China’s Economy Rebounds After Three Years of Zero-Covid Isolation
SINGAPORE—China’s economy rebounded in the first three months of the year after Beijing dismantled its heavy-handed Covid-19 controls, teeing up a revival in growth that is expected to buoy the global economy as the U.S. and European economies slow.
breaking news about China
What is the current situation in China?
In China, the spotlight is on major events that affect the region’s daily life.
Where can I find reliable news about China?
We publish verified updates about the situation in China, based on information from trusted sources.
What shapes the media agenda in China?
The news landscape of China is shaped by the region’s internal dynamics, reflecting its specific characteristics.
