Search Results for: People Bank of China
China’s new digital currency
September 9th, 2019
China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said. Mu Changchun, deputy director ...
China or US?
September 9th, 2019
China has made some silly errors in its conflict with the US, reflecting the arrogance that often afflicts every state actor. But the appearance that China is being backed into a corner over Huawei, trade tariffs and Hong ...
Why China should remove all trade tariffs
December 10th, 2018
I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. It will always be the best way to ...
Is China really developing a sovereign virtual currency?
October 16th, 2018
China is considered to be an advanced nation when it comes to all things digital. And although the country disappointed many when it banned the trading of bitcoins and other popular cryptocurrencies — China hasn’t given up on blockchains or ...
Is China part Of the “Emerging Market Crisis”?
June 29th, 2018
Being huge, consequential and technologically advanced, China isn’t normally lumped into the “emerging” category with Brazil and Argentina. To most observers they’ve already left the kids table and are now seated with the developed-world adults. But that might be ...
Blockchain Comp. Co-Founder: China will let solely Cryptoyuan into country
April 23rd, 2018
On the sidelines of the economic forum in Yalta, Russia, Sputnik has talked to Huan Zhang, co-founder of DAEX Blockchain Group Limited, about the current cryptomarket developments in China as well as the prospects of joining forces with Russia ...
Russia and China could set international gold price based on physical gold trading
December 4th, 2017
Since Russia, China, India, Brazil & South Africa are all either large producers or consumers of gold, or both, it is highly likely that the BRICS bloc they constitute could focus its cross-border gold trading network on trading physical ...
Commodity prices likely to rise further in 2018: World Bank
November 1st, 2017
Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing U.S. shale oil production, while the surge in ...
Here’s why the crackdown on bitcoin in China is ‘not a real problem’ for the digital currency
September 20th, 2017
The cryptocurrency market appears to be unconcerned about a Chinese crackdown on bitcoin, the largest digital coin by market cap. On Thursday reports that Chinese regulators would require exchanges to shut down bitcoin trading triggered a sell-off of nearly ...
China Is Said to Ban Bitcoin Exchanges While Allowing OTC Trades
September 11th, 2017
China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion cryptocurrency market after the country outlawed initial coin offerings last week. The ban will only apply to trading ...
