The Guangzhou Internet Court has shed light on the legal protections available for virtual assets through a recent press conference. A comprehensive report, titled ‘Research Analysis on the […]
China Launches Strategic Plan to Promote its Own International Payment System
Facing increasing international financial pressure, China is proactively taking action to reduce reliance on the US dollar. The country unveiled a strategic plan aimed at establishing its own […]
China Denies Tariff Talks with U.S., Adding to Trade Uncertainty
Geopolitical tensions between China and the United States continue to influence financial markets, including cryptocurrency trading. The latest development comes as China claims it’s not currently engaged in […]
Trump Misjudged China’s Role in Trade War, Says Diplomat
A Chinese diplomatic advisor asserts that President Trump miscalculated Beijing’s response to economic pressure during the trade war, leaving the U.S. unprepared for the current standoff. The advisor […]
U.S. Takes Action: Sectoral Trade Agreements Target China’s Grip on Industries
The U.S. is deploying targeted trade agreements to counter Chinese dominance in crucial sectors, specifically maritime and logistics. Ambassador Jamieson Greer spearheads these efforts, focusing on immediate impact. […]
China Unveils Targeted Support Amid Worsening US-China Trade Tensions
In response to escalating tariffs, China’s leaders have pledged new support measures for businesses affected by the trade conflict with the U.S. The Politburo met on Friday and […]
Apple Shifts iPhone Production to India: A Major Move in Supply Chain Reshaping
Apple Inc. is dramatically accelerating its plan to move all U.S.-bound iPhone production from China to India, with a target finish date of the end of 2026. This […]
China Shifts Reserves Strategy as Trade War Intensifies
The ongoing trade war between China and the US is creating uncertainty in the global market, prompting a shift by major economies towards gold and cryptocurrencies. The tensions […]
BYD Surpasses Tesla: Chinese Auto Giant Reaches New Profit High in Q1 2025
Chinese car manufacturer BYD has achieved a record-breaking profit of $1.3 billion for the first quarter of 2025, exceeding analysts’ expectations and surpassing Tesla for the second time […]
China Considers Shifting from US Treasurys to Gold & Crypto
Central banks, including China, are exploring alternatives to US Treasury holdings as geopolitical tensions and uncertainty rise. BlackRock’s Jay Jacobs points to a growing trend of diversification away […]
China Diversifies Reserves: From U.S. Treasurys to Gold & Crypto
China’s central bank is moving away from US Treasury holdings, opting instead for gold and potentially cryptocurrencies. This strategic shift in asset allocation has significant implications for global […]
China Unveils Financial Stability Law: Key Takeaways From 2025 NPC and CPPCC Sessions
The 2025 sessions of China’s National People’s Congress (NPC) and Chinese People’s Political Consultative Conference (CPPCC) saw the introduction of key legislative measures aimed at strengthening financial stability. […]
China’s Tariffs Easing as Central Bank Boosts Economy
China is poised to reduce tariffs on US imports, including medical equipment, ethane, and aircraft leasing, according to Bloomberg sources citing unnamed officials. This move comes amid increasing […]
Benchmark Invests $75M in Chinese AI Startup Butterfly Effect, Fueling Global Expansion
Benchmark Capital, a major U.S. venture capital firm, has provided a $75 million investment to Butterfly Effect, the Chinese startup behind Manus AI, valuing it at $500 million. […]
Chinese Startup Manus AI Raises $75M, Valuation Hits $500 Million
A Chinese startup called Butterfly Effect, known for developing the AI tool Manus AI, has secured a massive $75 million funding round led by U.S.-based venture capital firm […]