China Financial News
20.03 / 09:41
Adoption
regulation
Investments
security
Innovators
Financial
Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary
More than 80 virtual asset-related firms across Mainland China and foreign nations have expressed interest in establishing a presence in Hong Kong, amid efforts from the city to become a leading hub for Web3.
18.03 / 12:35
week
Economy Week Ahead: U.S. Inflation and Retail Sales in Focus
The Labor Department releases its February consumer-price index, a closely watched measure of what consumers pay for goods and services. Consumer prices rose 6.4% in January from a year earlier, reflecting a slight cooling of still-high inflation.
17.03 / 17:39
CBDC
China’s Fujian Province Has Processed $22bn Worth of Digital Yuan – Are CBDCs Taking Over?
Residents and firms based in China’s Fujian Province have reportedly processed almost $22 billion worth of digital yuan transactions to date – as the nation’s central bank digital currency (CBDC) continues to gather pace.
17.03 / 12:35
week
Economy Week Ahead: U.S. Inflation and Retail Sales in Focus
The Labor Department releases its February consumer-price index, a closely watched measure of what consumers pay for goods and services. Consumer prices rose 6.4% in January from a year earlier, reflecting a slight cooling of still-high inflation.
17.03 / 10:39
MET
week
China's Xi to go to Russia next week for his first visit since Putin ordered invasion of Ukraine
BEIJING — Chinese President Xi Jinping is set to visit Russia from March 20 to 22, China's Ministry of Foreign Affairs announced Friday.
17.03 / 08:25
UPS
FIVE
Tesla
Financial
China revives ruling party control of financial oversight
BEIJING — The ruling Communist Party of China is establishing commissions to oversee finance and tech, state media announced Thursday.
16.03 / 20:19
UPS
Williams
SEC
Trump
500
SEC Accuses Chinese Businessman with Ties to Donald Trump Advisor of Orchestrating $500 Million Crypto Fraud – What's Going On?
The Securities and Exchange Commission (SEC) has charged the exiled Chinese business tycoon Miles Guo with fraud related to crypto and other assets.
16.03 / 20:09
16.03 / 17:03
Blockchain
Provident
Digital
Google
Platform
Omni
Exploring the possibilities of Web3 with super apps
Some of the biggest players in Web2 are striving to create so-called “super apps,” eying the incredible potential growth that tapping into every kind of internet service would enable.
16.03 / 16:27
16.03 / 16:23
week
Economy Week Ahead: U.S. Inflation and Retail Sales in Focus
The Labor Department releases its February consumer-price index, a closely watched measure of what consumers pay for goods and services. Consumer prices rose 6.4% in January from a year earlier, reflecting a slight cooling of still-high inflation.
16.03 / 15:41
Consumption
China’s Economy Rebounds, Spurred by Consumption
SINGAPORE—Economic activity in China rebounded in January and February as the country emerged from almost three years of tough Covid-19 controls, adding to signs of resilience in the global economy after the sudden collapse of two U.S. banks unnerved investors.
16.03 / 15:13
UPS
Lowe's
Microsoft
CEO
Enterprise
Baidu
Drop
week
Baidu shares drop to 8-week lows after company reveals ChatGPT rival
BEIJING — Chinese tech company Baidu on Thursday gave the public a peek at what its Chinese-language ChatGPT alternative can do, while warning of its imperfections.
16.03 / 07:31
UPS
Provident
Manufacturing
China sees record 7.7 million applicants for 200,000 government jobs
A record number of people in China took the civil service exam this year, as unemployment among young people soared.
15.03 / 13:03
business
Kucoin
Stablecoin
Altcoin
Funding
Chinese yuan
KuCoin leads $10M funding for Chinese yuan stablecoin issuer
The investment arm of major cryptocurrency exchange KuCoin is moving to support new stablecoin initiatives by backing a Chinese yuan-pegged stablecoin issuer.
15.03 / 12:47
week
Economy Week Ahead: U.S. Inflation and Retail Sales in Focus
The Labor Department releases its February consumer-price index, a closely watched measure of what consumers pay for goods and services. Consumer prices rose 6.4% in January from a year earlier, reflecting a slight cooling of still-high inflation.
15.03 / 12:13
Consumption
China’s Economy Rebounds, Spurred by Consumption
SINGAPORE—Economic activity in China rebounded in January and February as the country emerged from almost three years of tough Covid-19 controls, adding to signs of resilience in the global economy after the sudden collapse of two U.S. banks unnerved investors.
15.03 / 10:35
UPS
Target
Remark
Moodys
Moody's retains 'negative' outlook on China's banks amid challenges of emerging from Covid-zero
BEIJING — Ratings agency Moody's said Wednesday it maintained a «negative» outlook on China's banking sector as a result of a drawn out recovery after Beijing's Covid controls ended.
15.03 / 04:03
15.03 / 01:39
Blockchain
Digital
Platform
Exodus
China: >59,000 NFT-related complaints in 2022, claims regulator
The market for non-fungible tokens in China saw a boom last year. However, it seems that the growth in demand came with problems of its own. The country’s State Administration for Market Regulation has released a report ahead of the World Consumer Rights Day. It revealed that the regulator received thousands of complaints related to NFTs in 2022.
14.03 / 20:11
Blockchain
Binance
Sport
litecoin
Gaming
vulnerability
Today in Crypto: Wirex & Novatti to Issue Cards to Australians, 280 Networks & $25BN at Risk Due to a Vulnerability, China’s 'Surveillance Coins' vs US 'Freedom Coins'
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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