China’s central bank has unveiled a strategic plan to boost the use of its yuan in international transactions, aiming for greater global adoption by May 2025. This ambitious […]
China’s LPR Cut: A Signal of Economic Stimulus for Global Markets
The People’s Bank of China (PBOC) has made a significant move by cutting the one-year and five-year Loan Prime Rates (LPRs), sending ripples through the global financial world. […]
China’s LPR Cut: Potential Ripple Effect Across Global Crypto Markets
China’s central bank has lowered benchmark lending rates, potentially setting off a chain reaction throughout global markets, particularly the cryptocurrency sector. The People’s Bank of China announced a […]
China Aims to Drive Electric Vehicle Growth in Nigeria
China is setting its sights on expanding electric vehicle adoption in Nigeria, seeking to capitalize on a booming market and potential partnerships for manufacturing and distribution.
China Threatens Retaliation if US Goes Ahead With Unilateral Crypto Policies
As the US government moves forward with its strategic Bitcoin Reserve policy, China has issued a warning of potential retaliation. This escalation in geopolitical tensions is expected to […]
China’s Geopolitical Stance Impacts Crypto Markets
Crypto markets experienced a sudden surge following an unexpected agreement in Geneva, with Bitcoin regaining its six-digit status and altcoins benefiting. However, China’s assertive stance challenging this accord […]
Cryptocurrency Prices Surge Then Drop Amidst China’s Comments on US Chip Controls
A recent surge in cryptocurrency prices hit a resistance level of $105,800 before facing selling pressure. Investor skepticism persists after Friday’s credit rating downgrade. Now, China is raising […]
China Emphasizes AI Governance Amid Market Shifts, Impacting Cryptocurrency
China is making clear its commitment to AI development as a strategic economic move that aligns with market activity. A recent commentary from the Economic Daily highlights China’s […]
China’s Economic Actions Signal Shifting Global Dynamics
The relationship between China and the United States is marked by ongoing tension. A recent example is the suspension of tariff increases for 90 days. However, this diplomatic […]
Chinese Firms Seek New IPO Pathways Amid Trade Tensions, Turning to Singapore
As the US-China trade war escalates, at least five large Chinese firms have signaled their intention to list on the Singapore Exchange (SGX) within the next year. These […]
China’s Massive Reduction in US Treasury Holdings Raises Global Concerns
A recent report from the US Treasury Department reveals that China has significantly reduced its holdings of US Treasury bonds, selling off approximately $18.9 billion between February and […]
China’s Major US Treasury Sale Sparks Market Uncertainty
A recent significant divestment by the Chinese government has sent ripples through global financial markets, with data revealing a substantial reduction of over $18.9 billion in US Treasury […]
China Intensifies Overseas Income Audits for High-Net-Worth Individuals
Facing declining revenues, Chinese tax authorities are launching a new campaign to audit foreign income earned by high-net-worth individuals. Targeting substantial foreign investments, the initiative reflects increased financial […]
Nvidia Rules Out Next AI Chip in China as Export Restrictions Remain
Nvidia has officially ruled out a new chip based on their Hopper architecture for the Chinese market. CEO Jensen Huang confirmed this during a livestream, explaining that modifications […]
China Cracks Down on Illegal Crypto Operations in Sichuan: Arrest 21 & Seizure of $3.9B
Chinese authorities have dismantled illegal cryptocurrency operations in Sichuan, leading to the arrest of 21 individuals and the seizure of approximately $3.9 billion worth of digital assets. This […]