China Financial News
20.09 / 20:25
business
CBDC
Yuan
Winter Olympics
China will expand CBDC trials to most populous province: Report
The People’s Bank of China, or PBoC, will reportedly expand deployment of its central bank digital currency, the e-CNY, to four of the country’s provinces, including Guangdong.
20.09 / 19:37
20.09 / 14:59
Ford
BioNTech
Stocks making the biggest moves in the premarket: Ford, Change Healthcare, Cognex and more
Take a look at some of the biggest movers in the premarket:
20.09 / 14:11
UPS
stake
Advent snaps up 60% stake in Chinese food firm Wagas
Advent International has snapped up a 60% stake in Chinese food and bakery chain Wagas.
19.09 / 23:15
markets
Federal Reserve
Bitcoin
Long the Bitcoin bottom, or watch and wait? Bitcoin traders plan their next move
Bitcoin (BTC) faced a 9% correction in the early hours of Sept. 19 as the price traded down to $18,270. Even though the price quickly bounced back above $19,000, this level was the lowest price seen in three months. However, pro traders held their ground and were not inclined to take the loss, as measured by derivatives contracts.
19.09 / 15:11
NFT
Gaming
Minecraft
Metaverse firm implements NFTs into its Minecraft and GTA 5 servers
Despite Minecraft creator Mojang Studios being against the integration of nonfungible tokens (NFT), a Metaverse-focused firm managed to introduce NFTs into several games including its own Minecraft server.
19.09 / 09:53
Blockchain
Stablecoin
bills
Australian
Australian senator drafts bill aimed at stablecoin, digital yuan regulation
Australian Liberal Senator Andrew Bragg has released a new draft bill aimed at clamping down on digital asset exchanges, stablecoins, and China’s central bank digital currency, the e-Yuan.
19.09 / 00:05
recovery
Asia-Pacific Reopens for Tourism, but Recovery Is Slow
Japan is getting ready to join other top Asia-Pacific destinations in fully reopening to tourism. But the region’s beaches, shopping meccas and cultural sites are finding the return to pre-Covid prosperity is slower than in the U.S. and Europe, in part because would-be Chinese tourists are still largely stuck at home.
18.09 / 15:23
Blockchain
Walmart
VeChain (VET) Price Prediction 2025-2030: Can VET climb as high as $2 in 10 years?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject
17.09 / 20:03
COST
Strategy
Costs
strategies
Chinese Companies Alter Products, Strategies to Offset Rising Costs
Companies across China are making changes to everyday products and adjusting their business strategies to cope with rising costs and the country’s economic slowdown, which is weighing on consumer spending.
17.09 / 11:25
Adoption
MicroStrategy
proof-of-work
Bitcoin
Bitcoin better than physical property for commoners, says Michael Saylor
MicroStrategy CEO and Bitcoin (BTC) advocate Michael Saylor doubled down on his support for Bitcoin as he explained the issues related to transferring the value of physical properties such as gold, company stocks or equity and real estate during the Australia Crypto Convention.
16.09 / 23:33
ETF
Bitcoin
Dollar
Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’
Presently, there seems to be a general assumption that when the U.S. dollar value increases against other global major currencies, as measured by the DXY index, the impact on Bitcoin (BTC) is negative.
16.09 / 15:07
16.09 / 13:37
Digital
Platform
Central Bank
Bitcoin
Specialist
Russian Central Bank Wants to Hire a Crypto Specialist
Russia’s Central Bank has announced that it wants to hire a “cryptocurrency” expert – a massive turnaround for the bank, which earlier this year proposed a blanket ban on all things crypto-related.
16.09 / 12:59
UPS
China’s Downturn Moderates, Though Property Woes Linger
HONG KONG—China’s economy showed modest signs of improvement in August as stimulus measures kicked in, though renewed Covid-19 curbs and a worsening property downturn continue to damp the outlook for the world’s second-largest economy.
16.09 / 05:41
UPS
Citi
Reuters
Manufacturing
China's retail sales, industrial production beat expectations in August
BEIJING — China reported data Friday that showed a pickup in growth in August from the prior month. The data also came in above expectations across the board.
16.09 / 00:31
Health
Climate change
Power
Moscow says Power of Siberia 2 pipeline to China will 'replace' Nord Stream 2
Moscow has announced that Nord Stream 2 will be "replaced" by an alternative gas pipeline to China.
15.09 / 20:25
Health
Pope Francis
Putin-Xi meeting: Russian leader praises China's balance on Ukraine and slams 'unipolar ugliness'
Russian President Vladimir Putin has denounced what he calls Western attempts to create a "unipolar world" as he met his Chinese counterpart, Xi Jinping, in Samarkand.
15.09 / 19:21
Blockchain
Citi
Extreme
AXY
index
There Are Some Major Surprises in the Global Crypto Adoption Index 2022
The newly released Global Crypto Adoption Index for 2022 by blockchain intelligence firm Chainalysis contains several surprises, with perhaps the most notable being that China remains a top 10 country for crypto adoption despite a ban on nearly all-things crypto.
15.09 / 18:25
15.09 / 12:41
Blockchain
Provident
FIVE
Bitcoin
This country is leading in ‘Global Cryptocurrency Adoption Index’
Emerging markets are leading the cryptocurrency adoption index globally, says a Chainalysisreport. It adds that lower-middle income countries hold a majority of the positions in the top 20 countries in terms of crypto adoption.
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