China Financial News
17.02 / 14:19
China Begins Hong Kong ‘Cross-Border’ Digital Yuan Pilot
Shenzhen, China, has begun a retail-focused “cross-border” digital yuan pilot with Hong Kong.
17.02 / 08:43
UPS
IPO
CEO
JPMorgan
China Renaissance shares plunge more than 20% after it says founder Bao Fan is missing
BEIJING — Prominent Chinese investment banker Bao Fan is missing, his company China Renaissance Holdings said late Thursday.
16.02 / 19:23
16.02 / 12:55
Ethereum
ETH
BTC
Digital
Citizens
CoinMarketCap
Bitcoin
Bitcoin Price and Ethereum Prediction: BTC Soars Towards $24K - How Far Can ETH Follow?
Bitcoin's price has soared toward $24,500 and many are wondering how far it can go. At the same time, Ethereum's value has been increasing, albeit at a slower pace than Bitcoin's. In this article, we'll look at how both cryptocurrencies are doing now and try to predict how they might do in the future.
16.02 / 11:29
Q4
StanChart’s Q4 profit boosted by higher interest rates
Standard Chartered PLC’s fourth-quarter profit rose as higher interest rates boosted the bank’s income and helped offset continued impairment pressure from its exposure to China’s real estate liquidity crisis.
16.02 / 01:55
15.02 / 20:09
business
Blockchain
Conflux partners with China Telecom to develop blockchain SIM card
According to a Feb. 15 announcement, Conflux Network, also known as Shanghai Tree-Graph Blockchain Research Institute, said that it secured a partnership with China Telecom to develop a blockchain SIM (BSIM) card. As told by Conflux, the BSIM will have a secure place to store digital private keys and will be to call upon the said signature to transfer money to other users. In addition, 'one-click direct check' functionality will allow users to check for transaction information and status progress in real-time.
15.02 / 14:35
Blockchain
Provident
Lowe's
Digital
Mobile
Software
network
China Telecom and Conflux Network to pilot Blockchain enabled SIM card in Hong Kong
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
15.02 / 14:05
cryptocurrency
Banks
Bloomberg
Opinion
The creeping menace of central banks' crypto dreams
Should the state be in the payments business? It's a simple question but that is in essence what a central bank digital currency would amount to. A digital pound, dollar, euro or renminbi is not some token with illusory investment upside that is implied by monikers such as "Britcoin.” CBDCs are more akin to stolid stablecoins rather than currencies. Unfortunately, their potential to erode free enterprise is all too real. Controlling how, what and when money is transferred is not a place government bodies should be competing, with a massive advantage, against the rest of the monetary system.
15.02 / 04:23
14.02 / 20:07
14.02 / 18:31
SPY
U.S.-China Trade Grows as Spy Balloon Raises Tensions
WASHINGTON—U.S. commerce with China is on the rise, despite escalating national-security tensions over matters such as last week’s downing of a suspected Chinese surveillance balloon.
14.02 / 18:13
14.02 / 12:45
Blockchain
UPS
Ethereum
Binance
NOT
Polygon [MATIC] enters accumulation phase, but all is not what it seems
Polygon [MATIC] saw a significant increase in its demand of late. According to a tweet on 13 February, one particular address snapped up over 20 million tokens over the past few days, becoming one of the largest MATIC holding addresses.
14.02 / 11:29
BAY
world economy
Don’t Count on China to Save the World Economy
The world is counting on an economic bounceback from China to power global growth and help keep recession at bay. Don’t bank on it.
14.02 / 06:11
SPY
U.S.-China Trade Grows as Spy Balloon Raises Tensions
WASHINGTON—U.S. commerce with China is on the rise, despite escalating national-security tensions over matters such as last week’s downing of a suspected Chinese surveillance balloon.
13.02 / 19:56
UPS
Platform
coinbase
Gemini
Kraken
Huobi
Crypto Winter Gets Icier Just Days Into New Year
Less than a week into the New Year, the cryptocurrency winter is turning icier as job cuts mount, regulators turn up the heat and firms warn of losses--and there's little sign the tumult will ebb anytime soon.
13.02 / 19:15
13.02 / 19:00
13.02 / 18:35
UPS
Waves
Manufacturing
CEO
JPMorgan
Pressure on China’s factories grows as U.S. demand falls
BEIJING — For some factories in China, it's not full steam ahead after the end of zero-Covid.
13.02 / 18:16
Waves
Manufacturing
CEO
Tesla
Chinese EV brand Zeekr is now worth more than Xpeng
BEIJING — Geely-backed electric car brand Zeekr said Monday it's now valued at $13 billion after a $750 million raise from Chinese battery giant CATL and others.
latest developments in China
What is the current situation in China?
In China, the spotlight is on major events that impact the interests of residents.
Where can I find reliable news about China?
We publish reliable reports about the situation in China, based on information from official representatives.
What shapes the media agenda in China?
The news landscape of China is shaped by major cultural and social events, reflecting its specific characteristics.
