May 15, 2024
Investment

County-level city in East China becomes hot destination for German investment

BEIJING, April 19, 2024 /PRNewswire/ — A report from People’s Daily: The number of German companies in Taicang, east China’s Jiangsu province reached 500 as Beumer Group settled there earlier this year. During the past three decades, Taicang has consistently seized business opportunities with the German companies based there and created an optimal business environment

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Investors

China’s new financial regulator pledges transparency to bring investors back from the brink

China’s new financial regulator has made fresh pledges to increase regulatory transparency, stability and predictability, the latest of several attempts to restore investor confidence following a stock meltdown and high-profile personnel changes. The country will benchmark its financial policies against international rules and reduce restrictive measures to make itself more open and integrated with the

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Crypto

Hong Kong needs to speed up approval of spot cryptocurrency exchange-traded funds after US launch, industry insiders say

Eleven spot bitcoin ETFs – including BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust and ARK 21Shares Bitcoin ETF, among others – began trading on Thursday, following the US Securities and Exchange Commission’s landmark approval that is expected to help bring the cryptocurrency industry closer to the more regulated world of traditional finance. Blackrock representatives ring

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