China Financial News

22.08 / 14:09

UPS Waves Manufacturing Droughts Hurt World’s Largest Economies

Severe droughts across the Northern Hemisphere—stretching from the farms of California to waterways in Europe and China—are further snarling supply chains and driving up the prices of food and energy, adding pressure to a global trade system already under stress.

22.08 / 11:07

Chinese Banks Cut Rates to Spur Economic Growth

SINGAPORE—Banks in China cut benchmark interest rates on loans to households and businesses, a small attempt to help revive growth in an economy struggling with a property bust and Beijing’s zero-tolerance to Covid-19.

21.08 / 17:39

Manufacturing Pandemic Bolsters China’s Position as the World’s Manufacturer

For all the talk in Western capitals of reducing reliance on Chinese factories, China has in the past two years consolidated its position as the world’s dominant supplier of manufactured goods.

20.08 / 19:21

Blockchain Walmart alt VeChain (VET) Price Prediction 2025-2030: Can the alt hit $1.75 by 2030?

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

19.08 / 16:17

cryptocurrency MercadoLibre Loyalty program MercadoLibre To Create Cryptocurrency As Part Of Loyalty Program

MercadoLibre's cryptocurrency will be initially valued at $0.10 apiece before being open to market.

19.08 / 11:45

Ethereum ETH Ripple XRP Should Ripple [XRP] be left to rot- Well, Vitalik Buterin thinks…

The Ripple-SEC long-standing battle may have neared no end but its effect on its native cryptocurrency may now be worse.

18.08 / 16:07

business Ban Bitcoin Chinese mining giant Canaan doubles profits despite the blanket crypto ban

Major Chinese cryptocurrency miner manufacturer Canaan appears to have no issues with the local ban on crypto, as the company’s overall performance has continued to grow in 2022.

18.08 / 15:09

COST Cisco Tapestry wholesale Stocks making the biggest moves premarket: Kohl's, BJ's Wholesale, Estee Lauder and more

In this article

18.08 / 14:39

Enterprise fall U.S., Taiwan to Begin Formal Talks for Trade, Investment Pact This Fall

WASHINGTON—The U.S. announced Wednesday that it and Taiwan will start negotiations for a bilateral trade and investment initiative this fall to deepen ties on a range of issues including technology and agriculture.

18.08 / 13:29

Ethereum Ripple XRP Bitcoin Ripple CTO lashes back at Vitalik Buterin for his dig on XRP

David Schwartz, the chief technical officer of Ripple, didn’t take Ethereum co-founder Vitalik Buterin’s dig on XRP very kindly. In a discussion that started around the recent $30,000 limit imposed by the Ontario crypto exchange on altcoins purchases barring Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).

18.08 / 07:21

CBDC Adoption regulation ECB CBDCs only solution to 'smooth continuation' of the monetary system: ECB

The European Central Bank (ECB) says the introduction of digital cash in the form of central bank digital currencies (CBDCs) appears to be the "only solution" that will guarantee a "smooth continuation" of the current monetary system.

18.08 / 06:23

education Central Bank Chinese Parents to Use Digital CNY ‘Smart Contracts’ to Pay for After-school Lessons

18.08 / 04:39

COST Lowe's Chinese property developers' cash flows have plunged by more than 20%

BEIJING — Chinese property developers' cash flows — a sign of the companies' ability to stay afloat — shrank this year after steady growth over the last decade, according to Oxford Economics.

17.08 / 11:17

UPS Target JPMorgan A high-profile meeting in China may have tipped off which provinces will have highest growth

BEIJING — Chinese Premier Li Keqiang has called on six provinces to take the lead in supporting the country's growth after data for July showed a slowdown across the board.

17.08 / 00:45

European Union Migrants Forest fires NOT 'Europe not the cause of UK's problems', says UK PM frontrunner Liz Truss in leaked audio

The favourite in the contest to succeed Boris Johnson as the UK's next prime minister has been heard criticising the productivity and culture of British workers, who she says need "more graft".

16.08 / 21:47

markets Tencent Bitcoin Bitcoin traders anticipate new yearly lows after BTC’s $25K rejection — Data disagrees

Bitcoin (BTC) showed weakness on Aug. 15, posting a 5% loss after testing the $25,000 resistance. The move liquidated over $150 million worth of leverage long positions and has led some traders to predict a move back toward the yearly low in the $18,000 range.

16.08 / 20:37

Blockchain Adoption e-CNY Bank of China unveils new e-CNY smart contract test program for school education

According to local news outlet Sohu.com, on Tuesday, the state-owned Bank of China announced a new program to bridge primary school education with smart contracts. In a combined partnership with local education and financial authorities, parents residing in the city of Chengdu, located in China's Sichuan province, will be able to enroll their children in after-school or extracurricular lessons using the digital yuan central bank digital currency, or e-CNY.

16.08 / 19:03

business Government regulation Huobi Global suspends derivative trading in New Zealand

Crypto exchange Huobi Global announced the suspension of derivatives trading in New Zealand. The statement from Huobi said the new restrictions against derivative offers are in light of compliance with local regulations.

16.08 / 17:11

U.S. Approves Nearly All Tech Exports to China, Data Shows

The U.S. has identified intensifying technological competition with China as a top national-security threat. But a Commerce Department-led process that reviews U.S. tech exports to the country approves almost all requests and has overseen an increase in sales of some particularly important technologies, according to an analysis of trade data.

16.08 / 17:03

Law Stablecoin regulation fall regulatory Optimism fading? Regulatory discussion on stablecoins postponed until Fall

Among a rich range of anxieties both for the crypto industry and the global economy at large, the summer of 2022 will be remembered as the time when the stablecoins proved themselves to be not so stable and thus came into the focus of regulators’ attention.

16.08 / 14:01

Provident Platform Intuit Scalable Capital doubles client assets to €10 billion

The crypto offering came six months after Scalable Capital raised more than €150 million in a Series E funding round led by Chinese tech conglomerate Tencent."In just a few years, our assets went from zero to ten billion euro. We’re delighted about this milestone, especially in view of the current challenging market environment.

what's happening in China

What is the current situation in China?

In China, the spotlight is on major events that spark public discussion.

Where can I find reliable news about China?

We publish reliable reports about the situation in China, based on information from trusted sources.

What shapes the media agenda in China?

The news landscape of China is shaped by the region’s internal dynamics, reflecting its specific characteristics.