City Beijing Financial News

01.01 / 20:43

France urges all EU countries to test Chinese travellers for COVID

France is urging all European Union countries to start testing passengers arriving from China for COVID, amid an outbreak sweeping the Asian nation.

30.12 / 13:41

Blockchain NFT Platform Chinese Gov’t to Unveil Its Version of an ‘NFT’ Marketplace

The Chinese government has announced plans to launch its own version of a state-backed “non-fungible token (NFT)” marketplace. But Beijing won’t be using blockchain to power its platform. And it wants to do away with crypto as the marketplace’s currency – in favor of fiat.

29.12 / 13:57

European Union committee COVID-19: EU Health Security Committee to hold emergency meeting over COVID situation in China

The European Union's Health Security Committee is holding an emergency meeting on Thursday in a bid to coordinate COVID-19 measures across member states as China reopens its borders.

28.12 / 14:41

UPS CBDC Digital Updates Chinese Central Bank Updates Digital Yuan App, Adds Gift Functions

The central People’s Bank of China (PBoC) has updated its digital yuan app – and is attempting to drive up adoption with new gifting and invitation functions.

19.12 / 17:37

CBDC China Adds More Cities to its Digital Yuan Pilot

More Chinese cities will be added to the nation’s digital yuan pilot – with a rollout edging closer to reality.

08.12 / 15:23

WTO EU Sues China in WTO Over Trade Retaliation on Lithuania

BRUSSELS—The European Union sued China in the World Trade Organization over punitive trade restrictions that Beijing imposed on Lithuania last year, harming the small Baltic state and the 27-country bloc.

07.12 / 21:03

WTO EU Sues China in WTO Over Trade Retaliation on Lithuania

07.12 / 12:27

European Union European Commission WTO EU to challenge China at the WTO over Lithuania export ban and patent protection

The European Union on Wednesday announced it is taking two unresolved cases with China to the World Trade Organisation (WTO).

01.12 / 14:39

Citi outbreak recovery China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread

SINGAPORE—Widespread lockdowns imposed across China as authorities there struggled this week to contain the country’s largest Covid-19 outbreak threaten to again create uncertainty in global supply chains and dim the prospects for world economic growth.

30.11 / 17:15

Jiang Zemin, Who Accelerated Communist Party’s Embrace of Market Principles, Dies at 96

BEIJING—Jiang Zemin, the former Chinese leader who came to power after the quelling of the Tiananmen Square democracy protests and presided over the market-oriented changes that turned China into a global economic juggernaut, died on Wednesday, state media said. He was 96.

30.11 / 13:43

Citi outbreak recovery China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread

30.11 / 13:31

Riot COVID protesters and riot police clash in China's fifth biggest city

Riot police clad in white hazmat suits clashed with protestors in the Chinese manufacturing hub of Guangzhou on Tuesday night.

29.11 / 17:01

Citi outbreak recovery China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread

29.11 / 08:07

NFT Ripple Crypto Collectibles Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more

Nonfungible tokens (NFTs) depicting the ongoing protests in China against the country’s tough zero-tolerance COVID-19 policy have found their way to the NFT marketplace OpenSea.

28.11 / 17:31

BTC/USD Bitcoin Price Prediction Dash 2 Trade Calvaria Bitcoin Price Prediction as BTC Sees Huge $15 Billion in Volume – Here’s Where BTC is Headed Next

On November 28, Bitcoin price prediction will likely remain bearish under $16,360 support, which will become resistance. Protests in China, the world's second-largest economy, have caused most of the selling pressure in the overall cryptocurrency market.

27.11 / 17:03

Citi outbreak recovery China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread

27.11 / 16:29

Football China: Calls for Xi Jinping to resign as rare COVID rule protests spread across major cities

Rare protests against China's strict “zero-COVID” policies continued in Shanghai and Beijing on Sunday afternoon, which had spread across the country after a deadly apartment fire in the northwestern city of Urumqi on Friday.

26.11 / 14:37

Citi outbreak recovery China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread

25.11 / 14:39

Citi outbreak recovery China Recovery Set Back by Record Covid Outbreak as Lockdowns Spread

25.11 / 13:45

CBDC Digital Japanese Digital Yen Pilot to Begin ‘in Early 2023’

The Japanese central bank could begin piloting the digital yen as early as spring 2023 and will reportedly start a trial involving “consumers and private sector companies.”

23.11 / 17:49

Ethereum Legal Bitcoin Jail NOT ETH Hacker Gets 10 Year Jail Term, But BTC Theft ‘May Not Be Criminal’ in China

Tokens such as ethereum (ETH) and bitcoin (BTC) continue to rest on uneasy legal ground in China – where an ETH hacker who struck in 2018 was recently sentenced to 10 and a half years behind bars. But prosecutors in the country have explained that it could be tricky to convict BTC thieves who have struck after the 2021 crackdown.

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