Ford Mustang Mach-E electric vehicle displayed at the Ford booth during 2021 Auto Shanghai show. Almost exactly a century ago, Sun Yat-sen, the father of modern China, wrote a letter to Henry Ford. He...
Tag: Chinas
China’s Top Tech Banker Goes Missing, Unnerving Finance Industry
(Bloomberg) — The disappearance of high-profile banker Bao Fan is fueling speculation of a renewed clampdown on China’s finance industry. Most Read from Bloomberg Bao’s company China Renaissance...
China’s economic recovery is off to a slow start
Wuhan’s GDP grew by 4% in 2022, better than the country overall. Pictured here on Jan. 20, 2023, is the city’s skyline along the Yangtze River. Hector Retamal | Afp | Getty Images BEIJING ...
U.S. Recovers ‘Sensors And Electronics’ From China’s Balloon—Other Vessels Still A Mystery
Topline The Pentagon said Monday it has made significant headway in recovering debris from the Chinese spy balloon shot down off the coast of South Carolina earlier this month—as the White House has y...
Ford sets EV battery factory plan with China’s CATL
DETROIT – Ford Motor said Monday it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite tensions between the U.S. and China. The ant...
China’s National Blockchain Center to launch in Beijing
The Chinese government has announced plans to set up a national blockchain technology research center in Beijing. The center is aimed at promoting and advancing the development of blockchain tec...
China’s Hesai Group Climbs In Nasdaq Debut On Autonomous Transport Hopes
This 2022 photo shows a sensor from Hesai on top of a “robotaxi” autonomous vehicle developed by … [+] Baidu Apollo as it drives along a street in Shenzhen in China southern. (Photo ...
Pressure on China’s factories grows as U.S. demand falls
Employees work on an electronics production line on Feb. 2, 2023, at a factory in Longyan, Fujian province in China. China News Service | China News Service | Getty Images BEIJING — For some factories...
Yum China Provides A Look At China’s Consumer, Tik Tok Flip Flops On Food Delivery Launch
China Last Night KraneShares Key News Asian equities were largely higher overnight as Taiwan and South Korea outperformed while China, Hong Kong, Japan, Malaysia, and Thailand posted declines. Unfortu...
Tool Maker’s IPO Mints China’s Latest Billionaire
A woman walks down a flight of stairs at the Shenzhen Stock Exchange in 2019. Photographer: Qilai … [+] Shen/Bloomberg © 2019 Bloomberg Finance LP Today’s listing at the Shenzhen Stock Exchange ...
After Restricting Balloon Overflights For 25 Years, China’s Protests Wear Thin
In the late 1990’s China repeatedly refused to permit balloon overflights. Gamma-Rapho via Getty Images Hours after U.S. jets shot down a sensor-packed Chinese surveillance balloon in U.S. airsp...
China’s Baidu Plans a ChatGPT Rival. The Internet Giant’s Stock Could Reap the Returns.
Talk about buying the rumor. Baidu China’s leading internet search provider, let it be known on Jan. 30 that it will launch a so-called chatbot powered by artificial intelligence, akin to the ChatGPT ...
It’s A Spy Balloon, Defense Secretary Says, Disputing China’s ‘Civilian Airship’ Claim
Topline Defense Press Secretary Pat Ryder said the federal government is certain the Chinese object traversing U.S. airspace is a “surveillance balloon,” he said Friday in response to the Chinese gove...
WeChat: China’s Other Trojan Horse
The Tencent Holdings Ltd. headquarters in Shenzhen, China, on Tuesday, Oct. 12, 2021. Photographer: … [+] Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP Momentum is growing behind a bill in Co...
China’s real estate crisis isn’t over yet, IMF says
China’s real estate market has slumped in the last two years after Beijing cracked down on developers’ high reliance on debt for growth. Future Publishing | Future Publishing | Getty Image...
Charlie Munger Says US to Ban Crypto & Should Follow China’s Lead
10 mins ago | 2 mins read Bitcoin News According to Charlie Munger Cryptocurrencies should outlawed. Munger stated “cryptocurrency is not a currency, not a commodity, and not a security” In an opinion...
Community mocks Charlie Munger for his obsession with China’s Bitcoin ban
The cryptocurrency community has ridiculed well-known Bitcoin (BTC) critic Charlie Munger, vice chairman of Berkshire Hathaway, for calling the United States to follow in the footsteps of China and ba...
Warren Buffett’s right-hand man Charlie Munger, who once called crypto ‘rat poison,’ says we should follow China’s lead and ban cryptocurrencies altogether
Charlie Munger is no fan of crypto. As vice chairman of the nearly $700 billion megaconglomerate Berkshire Hathaway, Munger has helped Warren Buffett make billions for investors since 1978 using a str...
China’s Changsha Claims Over 300,000 Merchants Accepted Digital Yuan
Changsha said that its residents have processed over 53.25 million digital yuan transactions. Changsha was introduced to the digital yuan pilot program in April 2021. The pilot trial was introduced to...
Why China’s Rebounding ‘Revenge Travel’ Won’t Include The USA
Nine million Chinese visitors to the USA in 2019. They aren’t coming back. (Photo by China … [+] Photos/Getty Images) Getty Images Of late, there have been reports of the resurgence of Chi...
China’s “Instagram” Gets NFT Makeover with Conflux
The Chinese form of Instagram amalgamated with Conflux Network. This amalgamation drives NFTs a step nearer to bulk adoption Little Red Book, (XiaohongShu), the Chinese form of Instagram amalgamates C...
China’s $6 trillion consumer market is digging itself out of a slump
BEIJING — China’s consumption recovery from zero-Covid is getting off to a solid start – after a depressing fourth quarter. When Michelin-starred restaurant Rêver reopened Thursday from a Lunar ...
China’s step towards cryptocurrency regulations – Cryptopolitan
The relationship between China and the crypto market is very complicated, and one cannot sum it up in a few words. There have been some restrictions on cryptocurrency since the beginning of the crypto...
China’s Ban of Bitcoin Mining is Now Just a Hashrate Blip – Trustnodes
China sent bitcoin’s hashrate diving in May-June 2021, while its price halved from $60,000 to $30,000. Close to two years on however, the only effect that had was that no block was found for an hour a...
Former PBOC member criticizes China’s ban on crypto
Huang Yiping, a former monetary policy member of the People’s Bank Of China (PBoC), has expressed concerns about China missing out on financial development opportunities following the nation’s ban on ...
China’s Big Comeback Is Just Getting Started. How to Play It.
Talk about a comeback. As China abandons policies that stifled economic growth for the past three years, investors have sent the country’s stocks soaring—up more than 50% since October. The rally migh...
Blockchain ranks as the 5th most sought-after tech among China’s fintechs
Despite China’s frosty relationship with the cryptocurrency space, businesses in the country are increasingly embracing the underlying technology in the industry. In particular, blockchain has emerge...
Conflux surges 60% following integration with China’s Little Red Book
Conflux native token (CFX) has surged up to 60% in the last 24 hours, following the protocol’s successful integration with the Chinese app called Little Red Book. Conflux is a layer 1 blockchain proto...
CFX up 60%: Conflux integrates China’s version of Instagram
The price of Conflux (CFX/USD) has shot up by more than 65% today after Conflux blockchain announced that it had integrated Little Red Book, the Chinese version of Instagram. Besides the CFX price sky...
China’s “Instagram” Integrates Conflux Network, Allowing Users To Showcase NFT On Profile Pages
Advertisement     Little Red Book (XiaohongShu), the Chinese version of Instagram, announced the integration of Conflux Network as a permissionless blockchain allowing...