The US government has revoked Taiwan Semiconductor Manufacturing Co.’s (TSMC) authorization to freely supply critical semiconductor equipment to its Chinese manufacturing hub, raising concerns about potential production disruptions. […]
China’s Military Parade Marks Strategic Alliances, Underscoring Growing Power
President Xi Jinping presided over China’s largest military parade in Beijing, commemorating Japan’s WWII defeat anniversary. The event featured key leaders like Vladimir Putin and Kim Jong Un. […]
U.S. Ends Chip Supply Exemption for TSMC, Affecting Chinese Tech
The United States has revoked Taiwan Semiconductor Manufacturing Company (TSMC)’s exemption to export chips to China, marking a significant change in US policy on semiconductor exports to the […]
Moscow & Beijing Push for Rubles & Yuan Trade Dominance
While Western powers cling to the dominance of the dollar, Russia and China are deepening their economic ties by forging a trade system that largely bypasses these currencies. […]
Yunfeng Financial Shares Soar Following Strategic Partnerships
Yunfeng Financial’s stock price surged over 10% recently, closing at 3.71 HKD on the Hong Kong Stock Exchange, according to news reports from Foresight News. The company’s shares […]
China Embraces Blockchain for RWA Bonds with Ethereum Issuance
In a groundbreaking move, China has embraced blockchain technology to issue real-world asset (RWA) bonds on the Ethereum blockchain. Futian Investment Holding, a state-owned enterprise based in Shenzhen, […]
China State-owned Enterprise Issues World’s First RWA Digital Bond on Ethereum
A Chinese state-owned company, operating in Shenzhen, has issued the world’s first public Real World Asset (RWA) digital bond using the Ethereum blockchain. The transaction, conducted in Hong […]
China Issues World’s First Public RWA Bond on Ethereum
China is taking a significant step toward integrating real-world assets (RWA) into the blockchain economy. Futian Investment Holding, a Chinese state-owned firm, has issued the world’s first public […]
Chinese Factories Show Signs of Life: PMI Surprises Analysts
Chinese manufacturing is experiencing a resurgence, defying expectations with activity levels surging to their fastest pace since March. A private survey by S&P Global, the RatingDog China General […]
Chinese Automakers Target Europe as US Market Shrinks
Facing high tariffs and trade barriers in the United States, Chinese automakers are shifting their focus towards Europe for electric vehicle (EV) exports. This strategic move comes as […]
Chinese Retail Savings Boost Equity Markets, With Little Impact on Crypto
China’s significant retail savings reserves are a driving force behind the booming Chinese stock market. Analysts believe these funds could significantly impact equities, with potential ripple effects for […]
Modi and Xi Resume Direct Flights, Aiming to Bolster Ties Amidst SCO Summit
In a significant diplomatic move during the Shanghai Cooperation Organization (SCO) summit in Tianjin, Indian Prime Minister Narendra Modi met with Chinese President Xi Jinping. This marked their […]
Putin and Xi Jinping’s SCO Summit in Tianjin Raises Crypto Market Questions
Vladimir Putin is attending the Shanghai Cooperation Organization (SCO) summit in Tianjin, China, alongside Chinese President Xi Jinping. The event focuses on regional security and economic cooperation, with […]
China’s Energy Giant Eyes Stablecoins for International Oil Transactions
A major Chinese energy company, PetroChina, is exploring the potential of stablecoins for international oil trade. This interest stems from a growing desire to leverage digital currencies for […]
FinCEN Identifies $312 Billion in Chinese Money Laundering Through U.S. Banks
A new report from FinCEN reveals the staggering figure of nearly $312 billion in suspicious transactions linked to Chinese money laundering networks processed through U.S. banks between 2020 […]