China Financial News

03.11 / 20:34

BLOCK Progressive COP26 Negotiators Make Progress On Carbon-Trading Rules

GLASGOW—Climate negotiators have made progress toward a deal aimed at establishing the foundation of an international carbon-trading system, according to people familiar with those talks, putting within reach a long-stalled agreement that many businesses hope will kick-start a global carbon market.

03.11 / 16:45

Technology Germany in midst of 'massive pandemic mainly among the unvaccinated'

The autumn break in Germany caused a new, fourth wave of the pandemic, mainly among unvaccinated Germans, with more than 20,000 new cases and 194 deaths reported on Wednesday.

03.11 / 16:05

Technology Cleo Smith: Girl, 4, missing since mid-October, found alive and well in Australia

A four-year-old girl who went missing during a camping trip with her parents 18 days ago has been found alive and well, say police in Australia.

03.11 / 13:57

Blockchain CBDC Adoption Over 140 million people have digital yuan accounts, says PBoC head

China’s trials with central bank digital currency (CBDC) show no signs of slowing down, as the updated numbers for October 2021 revealed at Hong Kong Fintech Week.

03.11 / 12:39

Technology two dead ABBA tribute gig in Sweden: Two dead after man falls seven storeys at concert in Uppsala

Two people were killed and another injured after a man fell seven storeys at a concert in Sweden that was paying homage to the iconic pop group ABBA.

03.11 / 12:09

Technology NOT Biden criticises Russia and China for not attending COP26

US President Joe Biden criticised Russia, China, and Saudi Arabia for not showing up to the COP26 climate change conference.

03.11 / 10:39

Technology Macron to give Merkel highest French distinction on farewell visit

French President Emmanuel Macron will present the insignia of the Grand Cross of the Legion of Honour to Angela Merkel on Wednesday during her last visit as German Chancellor to France.

03.11 / 10:39

Technology Ethiopia orders emergency as Tigray forces threaten capital

Ethiopia’s government declared a national state of emergency on Tuesday as rival Tigray forces threaten to move on the capital and the country’s yearlong war escalates quickly.

03.11 / 06:41

COST Volkswagen Tesla Consumers in China pick their 3 favorite electric cars — and only one is Chinese

BEIJING — When it comes to their favorite electric car brand, Chinese consumers' top choice is Warren Buffett-backed BYD, according to a survey by Bernstein.

03.11 / 04:13

cryptocurrency regulation Asia Bitcoin MPs Taiwanese MPs Call for Crypto Ban, but Regulator Prefers Progressive Approach

Taiwanese regulators are coming under pressure from MPs who want them to ready crypto regulation. Regulators admitted that there is currently no official body in the country that has policing power over firms offering the sale and purchase of cryptoassets. But those fearing a Mainland China-type crackdown will be able to rest easy after regulators hinted they prefer a more business-friendly approach.

03.11 / 00:45

Government regulation Asia Bitcoin Crypto miners Laotian govt budget expected to gain $194M from crypto miners by 2022

The Laos government’s pilot project to explore cryptocurrency mining and trading is expected to bring in roughly $194 million towards the country’s total domestic revenue projected for 2022.

02.11 / 23:51

Technology Environment dutch Dutch government tightens COVID-19 measures again

Faced with sharply rising coronavirus cases, the caretaker prime minister of the Netherlands said Tuesday that the Dutch government is reinstituting an order to wear face masks in public places like stores and libraries and mandating an extension for the use of COVID-19 passes.

02.11 / 21:19

Blockchain Assurant Bitcoin Singapore ready to ‘lead,’ when a crypto economy ‘takes off’

Ravi Menon, Managing Director of Monetary Authority of Singapore, revealed in an interview with Bloomberg that the nation-state wants to lead the crypto race.

02.11 / 16:11

Adoption Bitcoin Singapore to position itself as global crypto center, says regulator

The regulation of cryptocurrencies varies considerably across the globe: China has cracked down on significant amounts of crypto activity in recent months, while Japan only recently allowed specialized cryptocurrency investment funds. El Salvador, on the other hand, has accepted Bitcoin (BTC) as a legal currency.

02.11 / 16:11

Blockchain Google Asia Asia-Pacific leads the world in NFT searches on Google

Amid the ongoing nonfungible tokens (NFT) boom, people in Asia-Pacific (APAC) countries appear to be the most curious about NFTs, according to Google Trends data.

02.11 / 14:13

Citi Aviat DAX restrictions COVID restrictions Half of Beijing's flights are cancelled as China's capital city tightens Covid restrictions

BEIJING — About half the flights to and from Beijing's two airports were cancelled Tuesday as the capital tightened travel restrictions after a trickle of new cases in the city and other parts of the country in the last few days.

02.11 / 14:13

View: China’s slowing growth and huge debt threaten investors worldwide

Satyajit Das is a former banker and author of A Banquet of Consequences – Reloaded: How we got into this mess we’re in and why we need to act now

02.11 / 11:27

Lowe's Target Manufacturing China's coal shortage eases after Beijing steps in, report says

BEIJING — China's coal shortage is easing thanks to new government policies, the Commonwealth Bank of Australia said in a note Tuesday.

02.11 / 05:57

Blockchain CEO Platform Bitcoin These two mining firms compete for top spot as mining continues to thrive in Texas

Texas, which is now housing a major share of the U.S. mining business, is now a battleground. A recent report by CNBC noted the changing landscape of Rockdale in the Texas region.

01.11 / 22:33

Platform Racing Strategy Huobi Huobi next in line to join the NFT race despite major hiccup in China

One of the largest cryptocurrency exchanges in the world, the Huobi Group is the latest to deep-dive into the ever-growing non-fungible token (NFT) pool.

01.11 / 13:47

cryptocurrency Ban Tencent Collectibles Chinese Tech Titans’ Digital Collectibles Pledge Involves ‘Fighting Crypto’

Some of China’s biggest tech firms including the likes of JD, Tencent, and Alibaba’s Ant Group have signed a “self-regulating pact” that involves a commitment to “fighting” or “eliminating” cryptoassets.

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