China Financial News

07.12 / 21:03

WTO EU Sues China in WTO Over Trade Retaliation on Lithuania

BRUSSELS—The European Union sued China in the World Trade Organization over punitive trade restrictions that Beijing imposed on Lithuania last year, harming the small Baltic state and the 27-country bloc.

07.12 / 21:03

fall Chinese Exports Fall at Steepest Pace in More Than Two Years

HONG KONG—Chinese exports fell at the steepest pace in more than two years in November, the latest indication of how the country’s pandemic restrictions and waning global demand for goods is throttling China’s economy.

07.12 / 14:43

NFT Legal Court Court in China Determines That NFTs Represent Virtual Property and Are Protected by Law

Though a court in China ruled against the claims made by a non-fungible token (NFT) buyer, it found that these tokens are virtual property protected by law.

07.12 / 12:27

European Union European Commission WTO EU to challenge China at the WTO over Lithuania export ban and patent protection

The European Union on Wednesday announced it is taking two unresolved cases with China to the World Trade Organisation (WTO).

06.12 / 15:01

Chinese Authoritarianism Stumbles on Covid; American Democracy Shakes It Off

When Covid-19 first erupted in 2020, the U.S. struggled to balance the trade-off between lives and livelihoods. Infections and deaths soared while lockdowns devastated economic output and sparked demonstrations across the country.

06.12 / 09:51

European Union Beijing embraces ‘life again’ as COVID-19 lockdown is eased

China's capital Beijing has scrapped the need for people to show negative COVID-19 tests to enter supermarkets, offices, the subway and the city’s international airport on Tuesday, as restrictions are being softened across the country following last month's historic protests.

06.12 / 00:47

markets Usd Coin Bitcoin Bitcoin Price Bears 500 Support Bitcoin bears beware! BTC holds $17K as support while the S&P 500 drops 1.5%

Bitcoin (BTC) bulls regained some control on Nov. 30 and they were successful in keeping BTC price above $16,800 for the past 5 days. While the level is lower than traders’ desired $19,000 to $20,000 target, the 8.6% gain since the Nov. 21, $15,500 low provides enough cushioning for eventual negative price surprises.

05.12 / 20:45

Government Technology regulation Investments regulatory Malta prepares to revise regulatory treatment of NFTs

The Malta Financial Services Authority (MFSA) is currently reviewing requests to revise the “regulatory treatment” of Non-Fungible Tokens (NFTs) within its Virtual Financial Assets Framework.

05.12 / 15:45

Oil Price Rises After Russia Cap Kicks In

Oil prices rose Monday, after the West imposed sanctions on Russian crude and hopes built that looser Covid-19 restrictions in China would boost demand.

05.12 / 13:53

Chinese Authoritarianism Stumbles on Covid; American Democracy Shakes It Off

05.12 / 09:41

Law NFT Court Chinese court says NFTs are virtual property protected by law

A Chinese court in the city of Hangzhou has said nonfungible token (NFT) collections are online virtual property that should be protected under Chinese law.

04.12 / 23:15

Chinese Authoritarianism Stumbles on Covid; American Democracy Shakes It Off

04.12 / 18:47

Strategy Poor Countries Feel Sting of Local-Currency Debt

Some of the world’s poorest economies embraced borrowing in their own currencies as a shield from painful swings in the U.S. dollar. Now that strategy may be coming back to bite.

03.12 / 16:57

Manufacturing Racing Solar Chinese Solar Manufacturers Dodged U.S. Tariffs, Probe Finds

WASHINGTON—Four leading Chinese solar-cell manufacturers circumvented U.S. tariffs by routing some of their operations through Southeast Asia, a Commerce Department investigation found.

03.12 / 15:21

business Blockchain Asia Power services Avalanche to power Alibaba Cloud's infrastructure services in Asia

Alibaba Cloud, a.k.a Aliyun, a subset of Chinese e-commerce giant Alibaba, announced an integration with Avalanche blockchain to power the company’s Node-as-a-Service initiatives.

03.12 / 15:13

business European Union COVID-19 Pandemic strain Lax approach to COVID-19 pandemic could create a deadly strain - WHO chief

Neglecting COVID-19 this year is creating the perfect conditions for a deadly new variant to emerge, the head of the World Health Organization said on Friday.

03.12 / 14:11

Chinese Authoritarianism Stumbles on Covid; American Democracy Shakes It Off

02.12 / 18:19

Manufacturing Racing Solar Chinese Solar Manufacturers Dodged U.S. Tariffs, Probe Finds

WASHINGTON—Four leading Chinese solar-cell manufacturers circumvented U.S. tariffs by routing some of their operations through Southeast Asia, a Commerce Department investigation found, according to people familiar with it.

02.12 / 13:41

Chinese Authoritarianism Stumbles on Covid; American Democracy Shakes It Off

02.12 / 13:41

Action outbreak China’s Central Bank Takes Action as Record Covid-19 Outbreak Hits Economy

SINGAPORE—China’s central bank moved to backstop growth by boosting lending to households and businesses, as the world’s second-largest economy struggles with its biggest Covid-19 outbreak since the pandemic began.

02.12 / 12:15

cryptocurrency Binance Withdrawals Binance pauses Ankr withdrawals after possible token hack

Binance paused withdrawals of Ankr tokens after the cryptocurrency exchange's CEO Changpeng Zhao said the tokens were possibly targeted by hackers.

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