China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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67,997 articles matching the search query.
U.S. to open Vanuatu embassy in latest move to counter China in Pacific
The United States plans to open an embassy in the South Pacific island nation of Vanuatu, the State Department said on Friday, in Washington's latest move to boost its diplomatic presence in the Pacific to counter China's growing influence.
TUSD Stablecoin Daily Trading Volume Surpasses $1B After Binance Boost
The surge follows Binance’s decision a week ago to eliminate the zero-fee trading discount on the platform except for the BTC-TUSD pair.
Crypto Biz: A spotlight on Binance, Galaxy Digital swings to profit, China’s blockchain push
Binance’s ongoing U.S. legal challenges, Galaxy Digital financials, Disney ditches metaverse and more in this week’s Crypto Biz newsletter.
China EV Sales Rebound Further In March For BYD, Li Auto And XPeng, But Nio Lags
After a rough start to 2023, China EV sales are generally rebounding. Tesla rivals BYD, Li Auto, Nio and XPeng reported March and Q1 sales.
Bitcoin fluctuates to hold US$28,000, Binance BNB token rises despite regulatory threat
Bitcoin dipped in Friday morning trading in Asia but held above US$28,000. The top 10 non-stablecoin cryptocurrencies traded mixed. Binance's BNB led the winners.
Alibaba CEO sees group evolving as 'asset and capital operator' after the US$257 billion tech empire is split into 6 independent entities
The historic overhaul of Alibaba Group Holding will transform the Chinese technology conglomerate into "an asset and capital operator, [rather] than a business operator", company chairman and chief executive Daniel Zhang Yong said on Thursday. In a 24-minute conference call with analysts, Zhang reiterated that Alibaba's sweeping restructuring plan, which will transform the US$257 billion tech empire into six independently run entities, will make operations "more agile, enhance decision making an
Market bulls send Hong Kong stocks to best rally since January on China data surprise, Alibaba and JD.com restructure
Hong Kong stocks rose for a third straight week after a government report showed manufacturing in China grew more than expected this month, underpinning bets on recovery momentum. Alibaba Group logged its best week in three months. The Hang Seng rose 0.5 per cent to 20,400.11 at closing of Friday trading, taking the advance this week to 2.4 per cent and 3.1 per cent for March. The Tech Index gained 0.8 per cent while the Shanghai Composite added 0.3 per cent. JD.com surged 5.4 per cent to HK$172
JD.com Follows Alibaba’s Lead With Plans to Spin Off Units
JD.com is seeking two separate listings for property and industrial units—just days after larger peer Alibaba announced plans to split itself up.
Stock Market Rallies On Micron, Alibaba, Lululemon, Ebbing Bank Fears: Weekly Review
The stock market rally staged a follow-through day on Wednesday, confirming the rally. Banking fears waned, while earnings and other corporate news were positive and inflation cooled.
Alibaba Stock Is Overbought as Spinoff Prompts $47 Billion Rally
(Bloomberg) -- It took just 10 days for a rally in Alibaba Group Holding Ltd. to flip the shares from being ice cold to red hot.Most Read from BloombergTrump Faces Fingerprints, Mug Shots After Historic Indictment$52 Billion Chipmaking Plan Is Racing Toward Failure$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketNew Yorkers Are Moving to These Three Florida CitiesA $3 Trillion Threat to Global Financial Markets Looms in JapanThe Chinese internet conglomorate’s plan to slash its empi
Weekly Comic: Alibaba splits itself up
By Geoffrey Smith
Former Bank of China chairman under investigation for alleged 'serious disciplinary violations'
Many high-level financial figures have been investigated during a crackdown by President Xi Jinping. The former chairman of the Bank of China is currently under investigation.
Potential Implications of CFTC Lawsuit Against Binance
The U.S. Commodity Futures Trading Commission (CFTC) sued Binance, the exchange’s founder Changpeng Zhao (CZ), and a couple of other entities on charges of failing to register as a “futures commission merchant” while offering unregistered crypto derivatives options to U.S. customers. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in on the significance of the lawsuit.
Former Bank of China chief Liu Liange facing corruption investigation
The 62-year-old was abruptly removed from his post as chairman and party chief at the leading state-owned lender in February.
China’s Newest Dating Craze: Real-Life Meetups With Virtual Boyfriends
During the pandemic, women across China became infatuated with the dashing male characters in a series of viral video games. Now, many are hiring cosplayers to bring their digital beaus to life.
Building a workforce tops the pre-flight list as Triad's aviation industry reaches cruising altitude
Triad colleges stepping up to deepen talent bench for the region's burgeoning aviation sector.
Jack Ma Plays Key Role In Alibaba's Business Split - Alibaba Group Holding (NYSE:BABA)
Alibaba Group Holding Limited (NYSE: BABA) founder Jack Ma staged the
Poetry and protest: That other Tiananmen incident
In 1976, in Tiananmen, poetry became a subtle vehicle for civil protest. Understanding why poetry was used to express dissent, and how the government responded, would inform events 13 years later.
Oceans of plastic: China’s Sisyphean fight to keep trash out of the water
By one measure, China contributes over a quarter of the plastic in the world’s seas. It’s a problem the government is well aware of — though fixing it has presented a bevy of challenges.
