A worker cutting steel pipes near a coal-powered power station in Zhangjiakou, China, on November 12, 2021. Greg Baker | AFP | Getty Images Energy-related carbon dioxide emissions rose to their highes...
Tag: China
Illegal crypto-mining activity busted in China, 190 machines confiscated
Crypto miners carrying out work illegally in China have been detained by police Machines worth 5 million yuan has been taken away from the miners A closed-door location was busted by the police in th...
Tencent, Meituan, JD.com, And Kuaishou Lead Hong Kong Internet Rebound
China Last Night KraneShares Key News Asian equities had a mixed day as India, Singapore, Malaysia, and Thailand posted positive returns. Japan, China, and Hong Kong declined and South Korea was close...
China watches as Ukraine war makes U.S., EU and Japan show unity
Chinese President Xi Jinping and Russian President Vladimir Putin attend a meeting during the BRICS (Brazil, Russia, India, China, and South Africa) summit in Brasilia on November 14, 2019. Pavel Golo...
OKX Partners South China Morning Post To Launch NFTs
OKX, a crypto exchange announced a partnership with South China Morning Post, a Hong Kong-based, Jack Ma-owned newspaper, to create non-fungible tokens (NFTs). The NFTs will feature posts, video clips...
How A Former Under Secretary Of Defense Is Advising Companies To Navigate Ukraine War Disruptions
WASHINGTON – APRIL 02: U.S. Under Secretary of Defense (Policy) Michele Flournoy testifies during a hearing before the House Armed Services Committee on Capitol Hill April 2, 2009 in Washington,...
Mainland Gives Capitulation Sign As Decliners Outpace Advancers 40 To 1
Key News The wind was howling so loud last night it woke me up as an ill wind was blowing in Asia as equity markets were down overnight apart from India which didn’t get the message that the world is ...
Russia Leads To Risk-Off, Proactive Policies Announced From Dual Sessions
China Last Night KraneShares Key News Asian equities were firmly in the risk-off camp due to the Ukraine/Russia situation, rising oil prices, and potential Fed rate hikes. China and Hong Kong were not...
Sanctions Will Weigh Heavily
Vladimir Putin. (Photo by Sasha Mordovets/Getty Images) Getty Images Russian aggression has called forth a powerful reaction from the United States and its allies. Many on both sides of the Atlantic a...
Volvo Expected To Add Five Electric Models To Boost Lone XC40
Volvo XC40 Recharge electric SUV getty Volvo Car’s ambition to go all-electric by 2030 was looking a bit threadbare with only one model available but plans to introduce 5 new battery-electric vehicles...
China Is Hidden Risk for Emerging Markets That’s Split Traders
(Bloomberg) — As traders grapple with the breakout of war in Europe, the prospect of a new regulatory crackdown in China is posing a larger, yet less appreciated, risk to emerging-market assets....
Stephen Roach says Russian default would hit emerging markets — and China
A man walks past Moscow’s stock market building in downtown Moscow on February 28, 2022. Natalia Kolesnikova | Afp | Getty Images Economist Stephen Roach warned effects from any default on Russi...
Russian banks turn to China as Visa, Mastercard suspend business
Sberbank PJSC said it’s looking at the possibility of issuing cards using Russian payments system Mir and China’s UnionPay after Visa Inc. and Mastercard Inc. suspended operations following the invasi...
China Says Its Bitcoin Industry Is Pretty Much Dead
The central bank of China has recently issued a report claiming that bitcoin trading in the country has fallen from about 90 percent to ten percent worldwide at the time of writing. China Bitcoin Trad...
Russian Banks Turn to China to Sidestep Cutoff From Payments Systems
Russian banks that have been cut off from global payments networks are turning to China’s state-owned UnionPay system as the country tries to sidestep boycotts by Western businesses for its invasion o...
The First Financial War
Russian Prime Minister Vladimir Putin (C) holds a gold bar while visiting the Central Depository of … [+] the Bank of Russia next to Georgy Luntovsky (L), first deputy chief of the Central Bank ...
China defense spending to rise by 7.1% in 2022, says finance ministry
Chinese President Xi Jinping inspects troops during a parade on October 1, 2019, to celebrate the 70th Anniversary of the founding of the People’s Republic of China at Tiananmen Square in 1949, ...
China Sets Slowest GDP Growth Target In More Than 30 Years As Challenges Mount
A woman wearing a face mask walks near the CCTV building at the international trade area of Beijing. … [+] SOPA Images/LightRocket via Getty Images China aims to grow its economy by around 5.5% ...
China on deck to reveal its 2022 GDP target
Workers weld at a workshop of an automobile manufacturer in Qingzhou, East China’s Shandong Province, on March 1, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — China is sl...
China still accounts for 10% of Bitcoin transactions
Despite China’s blanket ban on all crypto-related activities in the country, residents of the country still account for roughly 10% of all global transactions involving digital assets. This was reveal...
AIIB Suspends Russia Activity, EV Ecosystem Falls On Supply Chain Concerns, Week In Review
China Last Night KraneShares Week in Review Asian equities had another difficult, volatile week. Despite decent Q4 earnings reports so far for the sector, growth and internet stocks continued to decli...
Tesla factory in Germany gains conditional approval for production
A Tesla Model Y is seen in a production hall of the Tesla Gigafactory during the open day. In Grünheide, east of Berlin, the first vehicles are to roll off the production line from the end of 2021. Pa...
Huawei’s competitor to Tesla electric cars to begin deliveries in China
Consumers check out Huawei’s first HarmonyOS car, the Aito M5, at a store in Hangzhou, Zhejiang Province, on Jan. 3, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — The firs...
Chinese Web Giant Tencent Cuts Transaction Fees For SMEs On WeChat
A Chinese vendor stands next to a QR code customers scan to pay via the WeChat app at a local market … [+]t in Beijing, China. (Photo by Kevin Frayer/Getty Images) Getty Images Chinese web giant...
TuSimple Shares Plunge After Robot Truck Company Spooks Market With CEO Shakeup
TuSimple was the first autonomous driving company to list shares publicly in the U.S. and began testing robot trucks without a human backup driver in late 2021. TuSimple Shares of TuSimple, a San Dieg...
China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline
India, the world’s largest democracy, may make its tax policy clearer by tweaking the definition of crypto or virtual digital assets. According to a report by CNBC TV-18, the Indian government is like...
Bilibili Reports Q4, Hong Kong Outperforms Mainland China
China Last Night KraneShares Key News Asian equities were mixed but mostly higher. Internet and growth stocks were also a mixed bag as some reported positive earnings. Travel booking platform Trip.com...
Will China come to the rescue as ruble collapses?
The USD/RUB remained at elevated levels as investors continued to focus on the ongoing crisis in Russia. The pair is trading at 106.20, which is a few points below the all-time high of 109.56. It has ...
China Asked Russia To Delay Invasion Until After Olympics, Report Says
Follow real-time updates on Russia’s invasion of Ukraine. Russian President Vladimir Putin (L) and Chinese President Xi Jinping pose for a photograph during … [+] their meeting in Beijing ...