China Financial News
09.02 / 10:47
Ethereum
ETH
BTC
Lowe's
Digital
CoinMarketCap
Bitcoin
Bitcoin and Ethereum Price Prediction: Will The Triple Bottom Of $22,350 Trigger A Bullish Bounce In BTC?
Bitcoin rose today, but it decreased steadily. Today’s values are only marginally better than the all-time low hit on Wednesday, when bitcoin dropped by as much as 4.5%. Ethereum also fell with a value lower than yesterday’s high; this decline has been caused by inflationary concerns and uncertainty in China's cryptocurrency market.
08.02 / 17:51
UPS
Digital
Software
Winter Olympics
network
Electricity- and Network-free Digital Yuan Payments Taking off in China – Report
Electricity-free digital yuan payment adoption is reportedly on the rise in China – where smartphone users can spend their coins without a network connection.
08.02 / 17:07
CBDC
Adoption
Digital Currency
regulation
Reserve Bank of India
India in ‘no hurry’ for CBDC as digital rupee pilot onboards 50k users
The Indian government doesn’t want to rush its central bank digital currency (CBDC) pilot despite joining the CBDC race just a few months ago.
08.02 / 15:23
Citi
Citizens
Chinese Consumers Hoard Cash After Confidence Takes a Hit
Beijing is trying to kick-start economic growth after lifting its stringent Covid-19 restrictions. One challenge: Chinese citizens borrowed less and saved more last year and it isn’t clear how long it will take to return to freer-spending ways.
08.02 / 12:47
ECB Raises Interest Rate by Half Percentage Point
Europe’s major central banks raised their key interest rates by 0.5 percentage point but diverged from the Federal Reserve and each other on their likely next moves, reflecting economic uncertainty amid uneven growth and inflation in the region and the rapid reopening of China’s economy.
07.02 / 18:59
ECB Raises Interest Rate by Half Percentage Point
Europe’s major central banks raised their key interest rates by 0.5 percentage point but diverged from the Federal Reserve and each other on their likely next moves, reflecting economic uncertainty amid uneven growth and inflation in the region and the rapid reopening of China’s economy.
07.02 / 17:37
Citi
Corning
Farmland Becomes Flashpoint in U.S.-China Relations
GRAND FORKS, N.D.—For more than two years, the mayor of this city near the Minnesota border backed a Chinese company’s plans to build a $700 million corn mill on the outskirts of town, citing the prospect of new jobs, added tax revenue and another place for farmers to sell their corn.
07.02 / 17:31
06.02 / 23:45
Stablecoin
regulation
SEC
security
Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6
The U.K. outline of the future financial services regulatory regime for crypto covers a broad range of topics, from the troubles of algorithmic stablecoins to nonfungible tokens and initial coin offerings. And it’s certainly good news for the industry, as the upcoming regulation doesn’t propose a ban on algorithmic stablecoins or excessive requirements on data sharing for digital asset operators.
06.02 / 16:39
Citi
Corning
Farmland Becomes Flashpoint in U.S.-China Relations
GRAND FORKS, N.D.—For more than two years, the mayor of this city near the Minnesota border backed a Chinese company’s plans to build a $700 million corn mill on the outskirts of town, citing the prospect of new jobs, added tax revenue and another place for farmers to sell their corn.
06.02 / 13:57
ECB Raises Interest Rate by Half Percentage Point
Europe’s major central banks raised their key interest rates by 0.5 percentage point but diverged from the Federal Reserve and each other on their likely next moves, reflecting economic uncertainty amid uneven growth and inflation in the region and the rapid reopening of China’s economy.
06.02 / 08:13
CBDC
Adoption
Digital Currency
Central Bank
Yuan
boost
China doles out millions in digital yuan in bid to boost adoption: Report
Millions of dollars worth of China’s Central Bank Digital Currency (CBDC) has been handed out across the country over the Lunar New Year period in a bid to boost its takeup.
05.02 / 23:23
ECB Raises Interest Rate by Half Percentage Point
Europe’s major central banks raised their key interest rates by 0.5 percentage point but diverged from the Federal Reserve and each other on their likely next moves, reflecting economic uncertainty amid uneven growth and inflation in the region and the rapid reopening of China’s economy.
05.02 / 02:41
Manufacturing
China’s Consumers Drive Rebound in Economic Activity
HONG KONG—Economic activity in China shook off a monthslong slump in January following the lifting of Beijing’s zero-Covid policy, a positive sign for a global economy that faces a litany of challenges this year.
05.02 / 02:41
COST
Eurozone’s Economy Outpaced China and U.S. in 2022
The eurozone economy grew faster than China and the U.S. last year, underlining how the fading Covid-19 pandemic continues to scramble traditional patterns of global growth.
04.02 / 13:33
ECB Raises Interest Rate by Half Percentage Point
Europe’s major central banks raised their key interest rates by 0.5 percentage point but diverged from the Federal Reserve and each other on their likely next moves, reflecting economic uncertainty amid uneven growth and inflation in the region and the rapid reopening of China’s economy.
04.02 / 13:33
COST
Eurozone’s Economy Outpaced China and U.S. in 2022
The eurozone economy grew faster than China and the U.S. last year, underlining how the fading Covid-19 pandemic continues to scramble traditional patterns of global growth.
04.02 / 13:33
Manufacturing
China’s Consumers Drive Rebound in Economic Activity
HONG KONG—Economic activity in China shook off a monthslong slump in January following the lifting of Beijing’s zero-Covid policy, a positive sign for a global economy that faces a litany of challenges this year.
04.02 / 09:25
Blockchain
G20
Bitcoin
The world must take a 'collective action' approach to regulations – suggests India’s Finance Minister
India’s Finance Minister, Nirmala Sitharaman, stated that regulation “cannot be done” by a single country, it requires “collective action,” in a recent television interview.
03.02 / 21:53
ECB Raises Interest Rate by Half Percentage Point
Europe’s major central banks raised their key interest rates by 0.5 percentage point but diverged from the Federal Reserve and each other on their likely next moves, reflecting economic uncertainty amid uneven growth and inflation in the region and the rapid reopening of China’s economy.
03.02 / 19:25
Blockchain
COST
Provident
SUN
Platform
Samsung
Will Hong Kong Be the Next Global Crypto Center?
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