China Financial News
15.09 / 07:59
Health
European Union
European Commission
Russia talks 'a great risk for China' as Xi and Putin meet in Samarkand
Russian President Vladimir Putin and his Chinese counterpart Xi Jinping are meeting in the ancient Silk Road city of Samarkand in Uzbekistan this week, an event that will be watched closely across Central Asia, in European capitals and Washington DC.
15.09 / 03:51
UPS
Citi
Job worries? Here's how China stacks up against the U.S. and other countries
BEIJING — More people in China and Brazil are worried about their jobs than in the U.S. and U.K., according to a survey by consulting firm Oliver Wyman released this month.
14.09 / 20:45
14.09 / 15:41
14.09 / 14:05
Blockchain
Adoption
index
Emerging markets lead global adoption index: Chainalysis report
While global adoption slowed down because of the chilling winds brought about by the crypto winter, emerging markets seem to be on fire in terms of crypto adoption as they surpass higher-income countries in an index that measures adoption.
14.09 / 01:30
business
Blockchain
restrictions
Filecoin service provider announces move to Singapore in light of tightening restrictions in China
RRMine Global, a Filecoin service provider offering global cloud-computing asset management, announced Wednesday that it has shut down business operations in mainland China and is relocating its headquarters to Singapore.
13.09 / 09:13
UPS
Citi
Target
Weekend
China's tourism revenue came in at 60% of pre-Covid levels this holiday weekend
BEIJING — China's tourism sector ended yet another public holiday with revenue well below what it was before the pandemic hit.
12.09 / 23:53
Blockchain
Digital
Bitcoin
Cryptocurrency is picking up as an instrument for tyranny
Proponents paint Bitcoin (BTC) and other cryptocurrencies as antidotes to totalitarian governments and central banks. Simultaneously, international corporations and startups alike have designed blockchain platforms and products that could be used on behalf of totalitarian governments and central banks.
12.09 / 16:53
Twitter
Binance
CEO
Platform
India: WazirX’s bank accounts unfrozen by Enforcement Directorate
Indian cryptocurrency trading platform WazirX revealed today that the Enforcement Directorate (ED) has unfrozen its bank accounts after its investigation. It is after nearly a month that the exchange would be assuming its banking operations.
12.09 / 14:09
UPS
Digital
digital assets
Singapore's Whampoa Group To Invest $100 Million Via Fund For Digital Assets
Cryptocurrencies are the most widely known digital assets.
12.09 / 07:33
10.09 / 02:07
UPS
cryptocurrency
Bitcoin
Luna
Here’s All the Reasons Why Crypto Prices are Exploding Right Now
The crypto market has just added $50 billion in a lightening-fast recovery from what some market watchers were fearing might be the start of the next leg down in a revisiting of the year's lows.
09.09 / 19:41
cryptocurrency
UP Police unearths Rs 4,200 crore frauds linked to Chinese operators
The Uttar Pradesh Police's cyber crime wing has unearthed pan-India frauds to the tune of Rs 4,200 crore linked to criminals based in China, a senior official said on Friday.
09.09 / 11:37
cryptocurrency
crypto news
Bitcoin
Bitcoin Leaps Over $20,000 As Dollar Falls Below Two-Decade High
Bitcoin surges over $20,000 as US dollar sags
08.09 / 20:19
Strategy
China’s Lending Strategy in Emerging Markets Risks Prolonging Borrowers’ Pain
SINGAPORE—Burdened with a growing pile of souring loans to the developing world the past few years, Chinese lenders have been rescheduling payments and offering more credit to borrowers in financial straits.
08.09 / 17:11
COST
Reuters
Deal
‘No reason to panic’: Commerzbank CEO says lenders are better prepared to deal with loan defaults
The chief executive of one of Germany's biggest banks, Commerzbank, sought to reassure investors Thursday about the prospect of non-performing loans this winter, saying banks are far better placed to cope compared to previous crises.
08.09 / 16:41
Law
CFTC
SEC
Sen. Lummis: My legislation would empower the SEC to protect consumers
The United States has been the global financial leader since World War II when the U.S. dollar became the world reserve currency. Consequently, Americans have enjoyed benefits like greater buying power, easier access to capital and low-interest rates—including on our national debt.
08.09 / 13:01
Provident
Digital
Валюта
CNY
China Central Bank Releases Digital CNY Smart Contract Prepaid Fund Management Product
According to the China Financial Association, the Digital Currency Research Institute of the People's Bank of China has launched a digital renminbi smart contract prepaid fund management product — «Yuanguanjia».
08.09 / 08:01
Target
Williams
CEO
NVIDIA
restrictions
Nio says Nvidia chip restrictions won't hurt them
BEIJING — Chinese electric car maker Nio joined others in the industry in saying that U.S. restrictions on Nvidia chip sales to China won't affect the automaker's business.
07.09 / 22:13
markets
European Union
Bitcoin
Bull run
Bitcoin is pinned below $20K as the macro climate stifles hope for a sustainable BTC bull run
Bitcoin (BTC) crashed below $19,000 on Sept. 6, driving the price to its lowest level in 80 days. The movement not only completely erased the entirety of the 32% gains accrued from July until Aug. 15, it also wiped out $246 million worth of leverage long (buy) futures contracts.
07.09 / 16:33
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.
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