China Financial News

19.04 / 21:09

business Adoption regulation Bank of Russia BRICS settlement Cross-border Bank of Russia to set up entities for crypto mining and cross-border settlement: Report

Russia is taking further steps to mitigate global sanctions in place since the invasion of Ukraine in 2022. According to local media reports, the country's central bank plans to create new institutions to mine crypto assets and settle international payments.

19.04 / 17:33

Crypto Presale DLANCE DeeLance Time Injective Price Up 30% in Seven Days, This New Web3 Coin is Tipped For Similar Success – Time to Buy?

Injective (INJ), which describes itself as the fastest proof-of-stake layer-1 blockchain that is “shaping the future of finance”, has seen its price pump recently.

19.04 / 14:45

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.

19.04 / 13:29

regulation Bitcoin Hong Kong court rules cryptocurrencies as property

A court based in Hong Kong has acknowledged cryptocurrencies as property that can be held in trust in a ruling involving the defunct crypto exchange Gatecoin.

19.04 / 11:17

Strategy U.S., Allies Weigh How to Reduce Economic Ties With China

WASHINGTON—The U.S. and its allies are grappling with how to pare their economic relationships with China, attempting to limit ties in certain sectors they view as strategic while preserving broader trade and investment flows with the world’s second-largest economy.

19.04 / 11:17

Chinese Exports Surge as Trade With Russia and Southeast Asia Jumps

HONG KONG—China’s exports bounced back sharply in March, a surprise that reflects greater demand in Asia and Europe as well as improved supply chain conditions.

19.04 / 11:17

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.

19.04 / 10:03

UPS Ethereum ETH BTC Bitcoin 500 Bitcoin Price and Ethereum Prediction: BTC Faces Challenges Below $30,400 - Is a Decline to $29,500 Possible?

Bitcoin, the world's most popular cryptocurrency, faced a temporary dip on Tuesday as its value dropped slightly from $30,500 to $29,300. However, this decline was short-lived, and Bitcoin quickly rebounded, surging back up to the $30,000 mark and recovering from its previous losses.

19.04 / 09:33

Adoption Asia ATM CoinATMRadar Bitcoin Australia installs more Bitcoin ATMs than whole of Asia

Australia, the country that hosts the third-largest network of Bitcoin (BTC) ATMs, surpassed the continent of Asia in terms of the total number of crypto ATMs installed.

19.04 / 08:03

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.

18.04 / 18:47

markets Binance SEC Bitcoin Bitcoin Price regulatory Bitcoin price struggles to hold above $30K amid regulatory uncertainty

Bitcoin (BTC) price reclaimed the $30,000 support on April 18 after briefly testing $29,130 on the previous day. However, traders question whether the recovery is sustainable given the increased regulatory scrutiny, especially in the United States.

18.04 / 16:45

COST UPS Manufacturing Apple 500 Fewer new cars qualify for $7,500 electric vehicle tax credit. Here are 2 alternatives

The number of new electric vehicles eligible for a $7,500 federal tax credit fell by almost half on Tuesday, as new rules issued by the U.S. Department of the Treasury took effect.

18.04 / 16:43

Blockchain Twitter Bitcoin BTC price quotes now live on Twitter following eToro partnership

On or about Apr. 18, Twitter rolled out Bitcoin (BTC) price quotes on its social media platform, which can be viewed using its search tool.

18.04 / 15:09

G-7 Countries Claim Unity on China After Macron Comments

KARUIZAWA, Japan—The Group of Seven industrialized democracies sought to show a unified front on China following recent comments by French President Emmanuel Macron that the European Union shouldn’t follow Washington’s lead on the issue of Taiwan.

18.04 / 14:11

Chinese Exports Surge as Trade With Russia and Southeast Asia Jumps

HONG KONG—China’s exports bounced back sharply in March, a surprise that reflects greater demand in Asia and Europe as well as improved supply chain conditions.

18.04 / 08:59

Strategy U.S., Allies Weigh How to Reduce Economic Ties With China

18.04 / 05:25

UPS Williams CEO Software Remark Parke Tesla Slash Nio says it won't join the 'price war' and slash prices like Tesla

SHANGHAI — Chinese electric car company Nio will keep its prices high rather than cut them, CEO William Li told CNBC in an interview.

18.04 / 02:09

COST FIVE U.S., China to Lead Growth in Government Debts

WASHINGTON—The governments of major economies—particularly the U.S. and China—are projected to boost their borrowing in coming years as they spend more on aging populations and a shift to clean energy, the International Monetary Fund said.

18.04 / 02:09

Chinese Exports Surge as Trade With Russia and Southeast Asia Jumps

HONG KONG—China’s exports bounced back sharply in March, a surprise that reflects greater demand in Asia and Europe as well as improved supply chain conditions.

18.04 / 02:09

China’s Economy Rebounds After Three Years of Zero-Covid Isolation

SINGAPORE—China’s economy accelerated in the first three months of the year, pointing toward a robust recovery from three years of strict pandemic policies that had held back the world’s second-largest economy.

17.04 / 11:25

Adoption regulation Bank of China Crypto Companies China’s state-affiliated banks are on-boarding crypto companies in Hong Kong

Hong Kong’s push to become a crypto hub has opened an opportunity for not just crypto companies but many state-affiliated banks in China as well. The Chinese banks have shown interest in building partnerships and onboarding regulated crypto companies in Hong Kong, despite a blanket bank on crypto-related activities in mainland China.

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