China Financial News

21.11 / 18:35

UPS China Turns to Back-Channel Diplomacy to Shore Up U.S. Ties

China is turning to an old friend in corporate America to bolster communications with the U.S., as President Xi Jinping tries to stabilize the bilateral relationship while gearing up for greater competition between the two powers.

21.11 / 15:05

FIVE China’s Economy Takes a Deeper Hit as Retail Sales Turn Negative

HONG KONG—China’s economy sank into a deeper funk last month as the weight of strict zero-Covid measures, a real-estate downturn and sinking export demand underscored the difficulties of rekindling growth amid tighter government regulations and a worsening global economy.

21.11 / 15:05

restrictions China Consumer Spending Slumps Under Covid and Property Restrictions

HONG KONG—Chinese consumer spending is buckling under the country’s dual campaigns against rising property prices and Covid-19 outbreaks, flashing a warning for global companies that have pinned their hopes on a more free-spending Chinese customer.

21.11 / 15:05

Manufacturing U.S.-Europe Trade Booms as Old Allies Draw Closer

FRANKFURT—The global economic map is rapidly transforming, with trade and investment between the U.S. and Europe booming as Russia’s war in Ukraine and fraying ties between the West and China draw the trans-Atlantic allies closer.

21.11 / 09:45

NFT virtual reality Marketplace Royalties Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more

China-based technology companies are reportedly working on tech that would give Chinese soccer fans the ability to watch the FIFA World Cup within the Metaverse.

21.11 / 02:17

FIVE China’s Economy Takes a Deeper Hit as Retail Sales Turn Negative

20.11 / 20:37

restrictions China Consumer Spending Slumps Under Covid and Property Restrictions

20.11 / 19:15

Manufacturing U.S.-Europe Trade Booms as Old Allies Draw Closer

20.11 / 13:53

FIVE China’s Economy Takes a Deeper Hit as Retail Sales Turn Negative

19.11 / 23:27

FIVE China’s Economy Takes a Deeper Hit as Retail Sales Turn Negative

18.11 / 21:09

MET U.S.-China Trade Talks Resume on Sidelines of Asian Summit

WASHINGTON—U.S. Trade Representative Katherine Tai met with Chinese Commerce Minister Wang Wentao Friday to discuss trade issues, in Ms. Tai’s first face-to-face meeting with a senior Chinese official since taking office in 2020, her office said.

18.11 / 20:53

FIVE China’s Economy Takes a Deeper Hit as Retail Sales Turn Negative

18.11 / 18:15

Cooper Kamala Harris Leads U.S. Push to Bolster Economic Ties in Asia

BANGKOK, Thailand—Vice President Kamala Harris and other senior Biden administration officials are using an Asian economic gathering to pursue closer business ties and press for higher environmental and labor standards in a part of the world where China has deep economic links.

18.11 / 17:07

crypto mining legislation Russia Could Legalize Crypto Mining by Jan 1, 2023 – As Long as This Happens

Russia may finally legalize crypto mining – after the government’s chief crypto legislation architect announced the rollout of a bill that could come into force on January 1, 2023.

17.11 / 18:45

Cooper Kamala Harris Leads U.S. Push to Bolster Economic Ties in Asia

17.11 / 18:19

Law Adoption Asia Could Hong Kong really become China’s proxy in crypto?

With its partial autonomy, the island city of Hong Kong has traditionally served as “a gate to China” — the local trade center, backed by transparent English-style common law and an openly pro-business government strategy. Could the harbor, home to seven million inhabitants, inherit this role in relation to the crypto industry, becoming a proxy for mainland China’s experiments with crypto?

17.11 / 13:43

FIVE China’s Economy Takes a Deeper Hit as Retail Sales Turn Negative

17.11 / 07:43

business Law Court Bitcoin Bahamian liquidators reject validity of FTX's US bankruptcy filing

Brian Simms, the court-appointed provisional liquidator overseeing the bankruptcy proceedings of FTX Digital Markets in The Bahamas, has called into question the validity of a Chapter 11 bankruptcy filing by subsidiary FTX Trading and 134 other affiliates in a Delaware court on Nov. 14.

16.11 / 17:39

FTX SBF Billionaire Charlie Munger Condemns Cryptocurrencies Following FTX Collapse, Says ‘I Think It’s Totally Crazy’

Berkshire Hathaway’s Vice Chairman Charlie Munger has long voiced his criticism of crypto, with a particular focus on bitcoin (BTC). Unsurprisingly, the ongoing market downturn and the abrupt collapse of major exchange FTX have further pushed the investor over the brink.

16.11 / 16:21

COST Fighting G-20 Leaders Agree to Declaration Against War, Pressuring Russia

NUSA DUA, Indonesia—Leaders of the Group of 20 countries unanimously endorsed a declaration saying the war in Ukraine is hurting the global economy, a message that showed Russia’s increasing isolation on the world stage as the costs of the conflict mount.

16.11 / 15:19

MET Yellen Meets China’s Central Bank Governor as U.S. Seeks to Repair Ties With Beijing

NUSA DUA, Indonesia—Treasury Secretary Janet Yellen held her first meeting with a top Chinese economic official since House Speaker Nancy Pelosi‘s visit to Taiwan, as the Biden administration works to restore communication lines and prevent a spiraling economic conflict with the world’s second-largest economy.

breaking news about China

What is the current situation in China?

In China, the spotlight is on local government initiatives 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 regional journalists.

What shapes the media agenda in China?

The news landscape of China is shaped by key decisions by local authorities, reflecting its local way of life.