Current Financial News

China tests ATMs converting digital yuan to cash

    China tests ATMs converting digital yuan to cash

A new test of the digital yuan that China ran recently included ATMs capable of converting digital yuan to cash and vice versa. According to The Block, the test took

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Huawei to develop a blockchain system together with the Beijing government

    Huawei to develop a blockchain system together with the Beijing government

Huawei Cloud will collaborate with the municipal government of Beijing to develop a public directory based on blockchain. Cryptonews reports the project will be the first of its kind in

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China’s GDP is falling, but recovery is in the near future

    China’s GDP is falling, but recovery is in the near future

The State Statistical Office of China has recorded the first decline in GDP in the entire history. The first quarterly GDP report was published in 1992. The decrease in the

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Huawei resumes full work

    Huawei resumes full work

More than 135 thousand employees of the Chinese high-tech giant Huawei Technologies Co. have resume work that was stopped due to the coronavirus pandemic. The company employs about 150 thousand

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Experts believe the growth of the Chinese economy will slow down because of the epidemic

  Experts believe the growth of the Chinese economy will slow down because of the epidemic

An outbreak of pneumonia in China could affect the country’s economic growth. Most likely, the growth rate will begin to

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Bitcoin drops below $ 7000

  Bitcoin drops below $ 7000

The rate of the most popular cryptocurrency in the world has dropped below the level of $ 7000. In May

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28 Chinese companies are blacklisted by the US

  28 Chinese companies are blacklisted by the US

Everyone knows that just in few days two powerful states China and the USA – are starting the next round

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Brent lost almost $ 1.5 on Trump’s tweet

  Brent lost almost $ 1.5 on Trump’s tweet

The statement of the American president about the increase of duties on Chinese goods not only threatened the future negotiations

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The head of the US Treasury told about a productive start of negotiations with China

  The head of the US Treasury told about a productive start of negotiations with China

The head of the American Ministry of Finance said that the delegation to Beijing in order to take part in

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Contrary to the data on the reduction of stocks Brent fell to 67.5 US dollars

  Contrary to the data on the reduction of stocks Brent fell to 67.5 US dollars

During the Asian session, oil prices are gradually falling. It is already the second week when the data from the

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