Didi Shares Plummet Amid Reports of China Preparing Severe Penalties
Shares of Didi were sent spiralling downwards on Thursday, after reports emerged that Beijing is allegedly planning to impose serious
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China
China’s Regulatory Crackdown of Companies Listed on Foreign Exchanges Could Cut $2 Trillion From US IPO Market
A series of new regulations regarding the public listings of Chinese companies on foreign exchanges could end up having a
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Bitcoin Slumps as the PBOC Cracks Down on Company Providing Crypto-Related Services
Bitcoin slumped further on Tuesday, after China’s central bank announced an even tighter crackdown on cryptocurrencies. The world’s largest cryptocurrency
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DiDi Global Removed From App Stores In China Days After US IPO
What do you do when the app your entire operation is based off of becomes banned within your primary operating
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China’s Banks Now Hold Over $1 Trillion In Foreign Reserves For First Time Ever
Chinese banks have seen their foreign currency deposits surge by over $260 billion in the first five months of 2021,
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Bitcoin Drops Below US$33,000 As China Looks To Close 90% Of Its Cryptomining Capacity
Bitcoin fell to below US$33,000 on Monday for the first time since June 8 following the news of China’s continued
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China’s Foreign Reserves Jump to $3.22 Trillion Amid Weakening US Dollar
China’s foreign currency and gold reserves jumped by more than forecasted in May, amid a weakening US dollar. According to
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Tesla Shares Slip Below $600 Following Report of Steep China Sales decline
It appears that Tesla is headed even further into turbulent territory with China, as the EV maker’s orders in the
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Ray Dalio: Digital Yuan Will be More Competitive Than Digital Dollar as US Debt Levels Surge
According to Ray Dalio, China’s growing dominance in the global economy will put the yuan a lot closer to becoming
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China’s Central Bank Hikes FX Reserve Ratio in Effort to Weaken Yuan
Amid signs that the Chinese yuan is gaining considerable strength, the communist country’s central bank has decided to step in
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