In the week running up to the new year, China dismantled the last of its major zero-covid policy restrictions, with the decision to scrap quarantine for all inbound travellers. However, tourists and b...
Tag: Chinese
Profit-Taking Hits Crypto and Chinese Stocks After Lunar New Year
After a week-long Lunar New Year break, cryptos and Chinese stocks have seen a dip in their bull market performance, leading to speculation of profit-taking. The CSI 300 index, which tracks the larges...
Chinese central bank former exec explains why China is wary of crypto – Cryptopolitan
Professor of finance and economics at Peking University’s National School of Development and former member of the People’s Bank of China’s Monetary Policy Committee Huang Yiping explains in a piece by...
Chinese carmakers line up for ‘phenomenal opportunity’ in the UK
ORA Good Car GT electric vehicle displayed during the 43rd Bangkok International Motor Show – NurPhoto Few cars manage to attain the name recognition of the Fiesta, Ford’s cheap, reliable runabo...
Chinese fintech firms adopt blockchain in 2022
KPMG’s latest research report shows blockchain technology, the solid foundation behind bitcoin and other crypto assets, was the 5th most popular innovative tech among Chinese fintech companies last ye...
Here’s where mainland Chinese traveled overseas for the Lunar New Year
BEIJING — Travelers from mainland China stuck close to home in Asia during the Lunar New Year, the first holiday after Beijing relaxed its Covid-related border controls. Hong Kong and Macao were the m...
LVMH optimistic as Chinese shoppers and tourists return
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023. Gonzalo Fuentes | Reuter...
Elon Musk says his biggest Tesla competition will be a Chinese automaker: ‘They work the smartest’
Elon Musk temporarily shed his “Mr. Tweet” cap for Wednesday’s Tesla earnings call to identify the biggest challenger to his electric car giant: competition from China. With Tesla coming off its worst...
Conflux token soars following NFT partnership with Chinese version of Instagram
Conflux token will integrate with Little Red Book, the Chinese version of Instagram, to let users display their NFTs on the platform. The Conflux Network’s official Twitter page tweeted the news...
Chinese firm launches stablecoin and CBDC payments system – Cryptopolitan
A new payment system that is compatible with stablecoins and CBDCs is now being developed by a Chinese company known as Red Date Technology. What Red Date Tech aims to do with the system This new syst...
Chinese New Year Bitcoin Trade Is Guaranteed Profit, Researchers Say
Does an average 9% return on investment sound attractive? As it turns out, this is exactly what the Chinese New Year has had in store for Bitcoin investors for the past eight years, according to a new...
Chinese Blockchain Company Develops Payment System For Stablecoins and CBDC
A China-based blockchain company has recently launched a digital payment protocol to fill the gap between stablecoins and Central Bank Digital Currency. Red Date technology is a Hong Kong-based block...
Chinese state company to build SWIFT-like bridge for stablecoins and CBDCs
Red Date Technology, a technical mastermind behind China’s state-backed blockchain-based Service Network (BSN), is coming up with a new initiative. It will bridge stablecoins to central bank digital c...
Cross-Border CBDC Payment System Announced by Chinese Blockchain Firm
Chinese blockchain firm develops new CBDC payments system. The new platform will not allow any decentralized cryptos. There has been no mention of China’s own digital yuan in the whitepaper. Hong Kong...
ETH Price Prediction – Is $1,700 Coming This Chinese New Year?
Join Our Telegram channel to stay up to date on breaking news coverage ETH price, like other major crypto assets, took a breather from the three-week rally over the weekend, perhaps to tap more liquid...
Government hands £3m to UK microchip company owned by blacklisted Chinese business
Soldiers and tanks are deployed to a preparedness enhancement drill simulating the defense against Beijing’s military intrusions, ahead of the Lunar New Year in Kaohsiung City, Taiwan on Wednesd...
Chinese blockchain firm launches the ‘SWIFT’ of stablecoins and CBDCs at Davos
A Hong Kong-based blockchain company has launched a digital payments system aimed at bridging the gap between stablecoins and Central Bank Digital Currencies (CBDCs). Red Date Technology, the blockcha...
Beijing Department Store Wangfujing Opens In Hainan In Time To Cash In On Chinese New Year
Wangfujing’s first duty-free store has opened in Wannning City, Hainan, China. Wangfujing Group Department store retailer Wangfujing has opened its first store in Hainan, the duty-free shopping ...
Chinese Miner Transfers 5,600 Bitcoin Worth $124 Million to Binance
1Thash sent out a total of 2,396 bitcoin on January 17 and 3,336 bitcoin on January 19. The BTC reserve balance for all miners fell to its lowest level in a year, at 1.837 million. According to blockc...
Chinese New Year Could Lead to Increased Volatility
Chinese New Year is on Sunday, Jan. 22, marking the beginning of a week-long national holiday in China, which is often accompanied by high volatility in the market. This is called the “golden week” an...
This Chinese billionaire has lost over 90% of his fortune and analysts are worried about the future of his 200,000 staff
The chairman of an embattled Chinese real estate developer has seen his wealth drop from $42 billion to $3 billion as the country’s formerly hot property market continues to slow. Hui Ka Yan was...
Binance-backed Chinese news outlet Marsbit has sights on CoinDesk
Wang Feng, founder of Chinese crypto news outlet Marsbit, said Marsbit is willing to work with other companies to buy crypto news outlet CoinDesk. “I believe in the future of the crypto industry...
Crypto Panics, Then Jeers at DOJ Announcement of ‘Major Action’ Against Tiny Chinese Exchange Bitzlato
Crypto markets teetered on the edge of panic Wednesday, prepared for the worst after the Department of Justice (DOJ) announced a mysterious, upcoming press conference concerning a “major international...
HOLO Stock Is On A Major Rally
Getty Images MicroCloud Hologram stock has jumped over 200% in a week. Here is what may be fueling this rally and if investors should join in. Key takeaways MicroCloud Hologram Inc. is a Chinese-based...
Founder of Chinese Cryptocurrency Exchange BitZlato Detained in Miami
The US Department of Justice announced an international cryptocurrency enforcement action on Wednesday and in the wake of the announcement, they revealed that the DOJ has detained Anatoly Legkodymov, ...
Chinese New Year and Bitcoin, Will There Be Fireworks For BTC?
Chinese New Year (Lunar New Year) is around the corner. It often has a strong influence on cryptocurrency prices. Chinese New Year and Bitcoin have a “red” past together as the price of this cryptocur...
Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King
Chinese New Year (Lunar New Year) is around the corner. It often has a strong influence on cryptocurrency prices. Chinese New Year and Bitcoin have a “red” past together as the price of this cryptocur...
BTC Back Above $21,000, Following Strong Chinese GDP Figures – Market Updates Bitcoin News
Bitcoin climbed back above $21,000 on Jan. 17, as markets reacted to better-than-expected Chinese gross domestic product (GDP) figures. The economic release comes as U.S. traders also returned to acti...
Goldman Raises Aluminum Forecasts on Higher Chinese and European Demand
(Bloomberg) — Most Read from Bloomberg Goldman Sachs Group Inc. raised its price forecasts for aluminum, saying higher demand in Europe and China could lead to supply shortages. The metal will p...
Luxury Spirits Vie For Travel Retail Promo Spaces As Passenger Numbers Rebound
Glenfiddich’s Perpetual pop-up at Taoyuan T2 includes a hard-to-miss digital banner across the … [+] duty-free store. William rand & Sons Spirits brands are spending heavily on retail ...
Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy – Economics Bitcoin News
The Chinese embassy in Zambia denounced the United States over its debt limit and the “extraordinary measures” Treasury secretary Janet Yellen has implemented to stave off a U.S. debt default. Yellen ...