To crowd out the cryptos, hand out the central bank digital currency (CBDC). To that end, China is ramping up pilots of its soon-to-be-widely deployed digital...
China is holding a 40 million renminbi ($6.2 million) lottery in Beijing to continue its digital yuan pilot program, CNBC reported, citing the Beijing Local...
Supply and demand is the cornerstone of economics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Chinese malls enjoyed a resurgence during the COVID pandemic, with shoppers kept in the country by travel restrictions forced to spend their money at home....
The slowdown in initial public offerings (IPOs) has continued with at least three Chinese companies choosing to delay plans to list in the U.S., Bloomberg...
Chinese authorities ramped up their calls for increased regulations on cryptocurrencies on Friday (May 21), CNBC reported. Get the Full Story Complete the form to...
China’s Tencent Holdings said on Thursday (May 20) that it wants to put a greater portion of this year’s incremental profits into sectors that include...
Banking regulators in China have banned financial institutions, including banks and payments companies, from providing services related to cryptocurrencies, Reuters reported. Get the Full Story...