Chinese Economy Collapses in the First Quarter – Is the U.S Next?

2020-3-17 22:00

The Chinese economy is collapsing across the board. As quarantines and travel restrictions sweep the world, the U.S. could be next. The post Chinese Economy Collapses in the First Quarter – Is the U.S Next? appeared first on CCN.com

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chinese economy collapses quarter could world quarantines

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Источник: ccn.com

chinese economy → Результатов: 78

Government to Airdrop $9 Billion in Free Money to 7 Million Hong Kong Residents

The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate the local economy while the coronavirus outbreak is hitting markets hard all around the world.

2020-2-28 06:25
hong residents government million kong money free

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Japan Uneased by Chinese CBDC, Plans on Digital Yen in ‘2 to 3’ Years

Japan is worried about the soon-to-be-released Chinese CBDC, as it might disrupt the global economy. Local lawmakers suggest developing a digital yen to counter it

2020-2-16 07:00
japan digital yen chinese cbdc disrupt might

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No Hope for Oil Price Revival as Coronavirus Blunts Chinese Demand

The economic blow back from coronavirus threatens China's economy and its vast energy consumption. Oil prices are likely headed lower as a result. The post No Hope for Oil Price Revival as Coronavirus Blunts Chinese Demand appeared first on CCN.com

2020-2-15 22:31	Oil
coronavirus oil blunts chinese demand revival hope

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Bitcoin Mining Stock Surges as Chinese Economy Falters

The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been the hardest hit but contrary to wider market movements, bitcoin mining stock is rising. Bitcoin Mining Stock Surges According to a report from local media outlet 8BTC bitcoin mining hardware giant Canaan has seen its stock prices rally in recent weeks.

2020-2-14 11:00
stock bitcoin mining economy surges media weeks

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President Xi Shockingly Told China to Chill on Coronavirus Alarm

Chinese President Xi Jinping warned his staff that their response to the coronavirus had already caused harm to the country's economy. The post President Xi Shockingly Told China to Chill on Coronavirus Alarm appeared first on CCN.com

2020-2-11 16:47	Coronavirus
coronavirus president alarm told chill shockingly china

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3 Reasons Why the Stock Market is Headed for a Devastating Crash

The Chinese economy has come to a standstill due to coronavirus. With earnings and buybacks falling, a stock market crash seems inevitable. The post 3 Reasons Why the Stock Market is Headed for a Devastating Crash appeared first on CCN.com

2020-2-10 19:31	Coronavirus
crash market stock reasons devastating headed seems

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Bitcoin May React to China’s 2020 Economic Forecasts Being Cut for February

The coronavirus will likely slow down the entire Chinese economy, and analysts are cutting their economic forecasts for both February and for 2020. This may positively push Bitcoin upwards as a possible hedge.

2020-2-10 18:14	Coronavirus
may february bitcoin forecasts economic 2020 analysts

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Bitcoin Breaks $10,000, as Top Economist Predicts Chinese Market Stagnation

Top-ranked economist and Evercore ISI Chairman Ed Hyman has stated his growing fears over the effects that the coronavirus will end up having on the Chinese economy. The expert warned that this kind of stagnation in China would keep economic growth at 0.

2020-2-10 14:10	China
stagnation chinese economist economy having coronavirus warned

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Tech Like Blockchain Will Transform Chinese Economy, Bank Chair Says

The next decade will see a digital transformation in China with blockchain adoption, according to Minsheng Bank’s chairman

2020-2-4 01:11	Technology
bank blockchain transformation china adoption according chairman

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Wuhan Virus: Impact on China, Global Growth in Focus

The rapidly spreading virus has brought into focus its potential impact on China and the global economy, unsettling markets dependent on Chinese demand.

2020-2-20 15:00	Economic Events
focus china global impact virus unsettling economy

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China’s Economy on the Brink as Coronavirus Fears Intensify

Coronavirus fears are having a negative impact on Chinese markets and the economy as a whole amid concerns of a global outbreak. The post China’s Economy on the Brink as Coronavirus Fears Intensify appeared first on CCN.com

2020-1-27 00:24	Coronavirus
economy fears coronavirus china intensify brink outbreak

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Blockchain, 5G, and Supercity Projects to Help China Revive Economic Growth

Down but not out — that’s the state of the Chinese economy as it stands today amidst the prolonged trade war against the United States. Despite all the challenges, the communist regime under President Xi Jinping remains committed to going a step up in the rankings to make China the largest economy in the world, […] The post Blockchain, 5G, and Supercity Projects to Help China Revive Economic Growth appeared first on BeInCrypto.

2019-12-25 03:26	China
china growth blockchain economy economic revive supercity

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Dow Surges After Blowout Jobs Data Distract from Sluggish Economy

The Dow surged on Friday after blowout jobs data dovetailed with new Chinese tariff waivers to distract from a sluggish US economy. The post Dow Surges After Blowout Jobs Data Distract from Sluggish Economy appeared first on CCN.com

2019-12-7 17:39	dow jones
distract sluggish dow data economy blowout jobs

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‘In Small Steps’ China Cuts Benchmark Interest Rates

Careful not to rush too much with stimulus, the Chinese government nevertheless realizes that its behemoth economy is invariably slowing down. New loan interest rate cuts have been announced recently to encourage bank lending and borrowing in the private sector.

2019-12-1 17:30
cuts interest invariably rate loan new slowing

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BIGG CASH Founder, Nicholas Tan: Creating a More Credible World

BIGG CASH Founder Nicholas Tan was interviewed by Chinese Blockchain Media- ChianHoo. Exploring The Value And Future Of Blockchain The world’s economy is slowing down and traditional industries are forced to innovate or risk becoming obsolete.

2019-11-14 16:03	Press releases
cash world blockchain tan founder nicholas bigg

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State Newspaper In China Headlines Bitcoin To Millions Of Readers; Not All Positive Though

The Chinese government is strongly supporting the push towards blockchainizing its economy as seen by President’s Xi’s latest remarks on blockchain technology. While the government makes steps towards fully adopting the technology, certain sections remain disturbed by bitcoin’s public nature, volatility and the use of crypto in aiding criminal activities. State Chinese newspaper headlines Bitcoin […]

2019-11-11 16:49	Bitcoin Information
bitcoin government towards state technology chinese headlines

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Will Bitcoin Solve Chinese Banking, Household Debt Woes?

China’s economy is not immune to the woes that are creeping into Western ones. It has long been a nation of savers but increasing household debt and more banking bailouts are signaling stormy economic weather ahead.

2019-11-1 15:00
debt woes household bitcoin banking solve china

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Dow Futures Jump Thanks to China Data But There’s Danger Ahead

Futures on the Dow Jones Industrial Average (DJIA) are up Friday thanks to strong Chinese PMI data. China’s economy is not on track just yet as there are contradictory data points coming out of the country.

2019-11-4 13:42	dow jones
dow data futures thanks china industrial out

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Chinese Cryptocurrencies May Continue Surging, Could Initiate Altseason

Interest in blockchain technology has substantially increased in China after the speech of the president in which he referred to blockchain as a vital resource for the future of the Chinese economy.

2019-10-30 06:25	News
blockchain chinese increased cryptocurrencies could surging continue

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President Xi Jinping: China Needs To ‘Seize the Opportunity’ To Be Leading in Blockchain Tech

In a meeting with the political bureau of China’s communist party’s Central Committee, President Xi Jinping stressed taking the “leading position” in the emerging field of blockchain, according to a report by Xinhua News Agency.

2019-10-25 16:56	Blockchain Technology
president china jinping blockchain leading publicly xinhua

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President Xi Says China Should ‘Seize Opportunity’ to Adopt Blockchain

In his first major comments on blockchain, Chinese President Xi Jinping said the country should implement the technology across the economy.

2019-10-25 14:12	Xi Jinping
should blockchain president said jinping chinese implement

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Chinese And Thai Traders Stockpile Bitcoin As Asian Fears Of Recession Grow

Economic uncertainty in the world’s second-largest economy may explain a sudden surge in the amount of Bitcoin (BTC) purchased with Chinese Yuan (CNY) as local traders place value into something believed to be uncorrelated to the world economy, and therefore potentially recession-proof.

2019-10-22 21:49
chinese bitcoin traders world economy cny asian

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China Pumps $28 Billion into Economy, Crypto Waits For Boost

The Chinese central bank has pumped nearly $30 billion into the economy after recent data showed a slowdown. Chinese crypto investors may get another lucky break if the funds overflow into the sector.

2019-10-16 17:00	Tether
billion economy china bank crypto funds pumps

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Dow Suddenly Plummets After Bloomberg Exposes China Bombshell

The Dow suddenly plunged during late-morning trading on Friday after Bloomberg published a report exposing that the Trump administration is debating a new policy that would ramp up pressure on the Chinese economy as the two countries prepare to return to the negotiating table.

2019-9-28 19:20	dow jones
dow bloomberg suddenly policy bombshell exposes plummets

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Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder

Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China.

2019-8-31 01:59
tether shareholder bitfinex digital plans yuan launch

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How Bitcoin Prices Will Fare With Reduced Chinese Benchmark Interest Rates

The China-US trade war is biting the Chinese economy hard. Growth rates are no longer as rosy as they used to be. As a result, the Chinese who have multiple ways to determine their interest rates have revamped one of the strongest tools in their arsenal.

2019-8-21 14:34	China
chinese rates interest fare prices bitcoin benchmark

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Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks

The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark Hang Seng index, and now pro-independence activist, Chen Haotian, has called […] The post Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks appeared first on Bitcoin News.

2019-8-16 08:53
kong hong banks chinese leader protest hopes

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Dow Staggers While World Economy Spirals Toward Brutal Recession

By CCN Markets: The Dow Jones took a hammering on thin liquidity on Wednesday as a blizzard of terrible news iced bulls and thrust the index into a 630 point tailspin. The bears were out in force as the mighty German economic machine contracted, Chinese data missed estimates, Hong Kong wallowed in chaos, and bond […] The post Dow Staggers While World Economy Spirals Toward Brutal Recession appeared first on CCN Markets

2019-8-14 19:39	dow jones
dow ccn recession markets world staggers brutal

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Why Bitcoin Miners Are Fleeing China for Iran

Mounting cryptocurrency regulations have some Chinese bitcoin miners fleeing the world's second-largest economy. Their surprise destination? Iran. According to the Managing Director of the Iran Blockchain Association, Mohammed Sharqi, talks have already started between interested parties.

2019-7-11 20:30	Иран
iran fleeing bitcoin miners sharqi china chinese

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Facebook’s Trek into Crypto Will Not Be Joined by China-Based Payment Firms

Multiple Chinese internet company have discussed avoiding cryptocurrency, amid announcement of Facebook’s Libra initiative. Blockchain technology is still a subject of interest for the Chinese economy.

2019-6-20 04:24	Facebook
facebook libra chinese internet cryptocurrency media social

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To Support Growth of Crypto Space, Chinese City Offers Rent Subsidies for Blockchain Companies

The blockchain industry is a growing market, and there are many regions that are hoping to become a big part of the revenue it comes with. Fuzhou, a city in China, has decided to provide rent support for blockchain businesses, hoping to bring more of these companies into their economy, according to reports from People’s […]

2019-6-12 03:12	Announcements
blockchain companies rent hoping support city businesses

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Chinese Market Plays a Larger Role in Bitcoin’s Dynamic Price Movements Than Previously Imagined

As per a number of research studies, the Chinese economy has been having a direct influence on the price of Bitcoin for the past 3-4 years. Even today, China still houses one of the largest crypto OTC markets in the world.

2019-6-7 17:52	Bitcoin (BTC) Price
bitcoin price chinese houses one years even

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Dow Leaps 200 Points But Catastrophic Housing Data Menaces Market

By CCN: The Dow and broader U. S. stock market returned to strength on Tuesday after the Commerce Department temporarily rolled back trade restrictions against Huawei, the Chinese telecommunications giant.

2019-5-21 22:14	S&P 500
dow market points back stock tuesday ccn

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Shocking! ‘Bitcoin Wins the Trade War’ as Chinese Investors Pile In

By CCN: Bitcoin is on a tear as the price of the flagship cryptocurrency has gone supersonic in 2019. It is widely believed that bitcoin’s remarkable rally is a result of booming institutional interest in the cryptocurrency, as investors are looking for alternative asset classes to park their funds at a time when the stock market is in turmoil and the global economy is on edge.

2019-5-17 21:40	Us-China Trade War
bitcoin investors chinese cryptocurrency when shocking institutional

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Dow Ends Bloodshed as China’s Trade Surplus Plummets 57%

By CCN: The Dow and broader U. S. stock market stabilized on Wednesday after dismal Chinese export data shined the spotlight on a sluggish global economy, prompting investors to snatch up domestic companies following a sharp two-day selloff.

2019-5-8 22:15	S&P 500
dow two-day wednesday 500 index china trade

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China bans mining? And Bitcoin (BTC) soars to $ 6000

The Chinese government is considering banning mining as an activity harmful to the economy. Consideration ends today. It was first announced on April 8th. The Corn since that time has paradoxically increased by 17%, from $ 5,100 to more than $ 5,950.

2019-5-7 14:14
mining 100 increased paradoxically time trade events

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Clueless: Joe Biden’s China Gaffe Betrays Ex-VP’s Utter Economic Ignorance

By CCN: At a recent campaign stop, Joe Biden balked at the idea that China competes with U. S. businesses. The apparently-clueless former vice president actually pointed to disadvantages in the geography of China’s territorial land.

2019-5-2 19:06	Joe Biden
china joe biden actually clueless corruption gaffe

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Dow Slides Red as China’s Factories Struggle Amid Economic Woes

By CCN. com: The Dow and broader U. S. stock market traded lower on Tuesday, as investors sifted through weaker than expected Chinese manufacturing data that seemed to show a loss of momentum at the start of the second quarter for the world’s second-largest economy.

2019-4-30 17:37	S&P 500
dow points 500 index loss tuesday struggle

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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners

They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power.

2019-4-17 20:52	Mining
bitcoin power labrador miners energy province rates

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Op Ed: Bitcoin Is Turning Left vs. Right Into Big Data vs. Privacy

The political spectrum is usually divided into four main categories: libertarian left, authoritarian left, libertarian right and authoritarian right. Those on the left prefer a more controlled economy, while those on the right have a preference for free markets.

2019-4-16 22:26	Op-ed
privacy thiel those bitcoin data order may

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Dow Blazes Past 26,000 after Chinese Data Hoodwinks Wall Street

The Dow and broader U. S. stock market surged on Monday after better than expected Chinese data eased concerns about a protracted slowdown in the global economy. The preponderance of evidence still points to a weakening China – a fact that investors will still grapple with in the near future.

2019-4-2 21:50	S&P 500
dow wall street data past chinese points

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China Economic Slowdown, Not the Trade War, is Greatest Threat to Dow Recovery

A survey published by Bank of America Merril Lynch on Tuesday has revealed key insights into the minds of global money managers. The survey measures responses from approximately 200 institutional, mutual and hedge fund managers around the world.

2019-3-20 15:50
china slowdown threat greatest economic managers fund

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213 Former Chinese Billionaires Are Now…Cue the Violins…Just Millionaires

After a bruising year for the stock market, China has lost 231 billionaires. Although China gained 52 new members of the ten-figure club, it’s still a big net loss, with the total number of uber-rich individuals falling from 819 to 658.

2019-2-28 16:56	China
china still billionaires millionaires market stock percent

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Mammoth Dow Jones Rally Should Follow End to US-China Trade War

According to an exclusive Reuters report, the U. S. and China are moving rapidly to establish a comprehensive trade deal, a move that could fuel the rally of the Dow Jones to continue on across the upcoming months.

2019-2-22 22:14	Us-China Trade War
trade dow rally jones china trump mammoth

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NEO Set to Announce Details of 3.0 Upgrade During 2019 DevCon and Offering Free Tickets for Students

NEO, the Chinese blockchain giant, is having its second Seattle DevCon event on February 16 and 17, 2019. It is promising to provide details of the upcoming NEO 3. 0 upgrade for the blockchain-based smart economy platform.

2019-1-31 17:09	Cryptocurrency
neo details tickets free students blockchain offering

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World’s Largest Volunteer Service Out Of China Partners To Launch EveriToken Blockchain Platform

According to an official EveriToken blog post, the company is now in an official partnership with Chinese non-profit organization, Zhiyuan Hui. Currently the largest volunteer service platform in the world, Zhiyuan Hui has found a new way to award payments using the token economy infrastructure framework of EveriToken. As at the end of 2018, Zhiyuan […]

2019-1-22 14:05	News
everitoken zhiyuan platform official hui world service

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China and USA Trade War Truce on the Horizon? New Proposal Could Peacefully Settle the Issues?

The American and Chinese Trade War has been going on for a while and has been well publicized? Many on both ends of the political spectrum have questioned the Presidents rationale in taking on the fasted growing economy in the world.

2019-1-19 20:17	News
both war trade growing economy world fasted

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Bitmain Pauses Texas Mining Operations, County Officials Report

According to reports from media outlet Texas Public Radio, the Chinese mining giant Bitmain Technologies has reportedly suspended operations in the town of Rockdale. Bitmain started to build up its new facility at a former aluminum smelting factory last summer, but since the crypto economy downturn, the company’s operations at the Texas factory have allegedly paused.

2019-1-14 06:30
bitmain operations texas mining pauses factory report

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Rise of foreign stars in Chinese social media marks the beginning of a new trend

China’s internet celebrity economy has expanded exponentially in recent years. According to a report released by iResearch, the number of online celebrities in China with more than 100,000 followers has increased by 57.

2018-12-27 22:00	Contributors
internet celebrities china market chinese usd sizeable

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2020-3-17 22:00

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