Cryptocurrency
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#wikipedia.org. bitcoin. Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation.: ch. 1 In 2021, El Salvador adopted it as legal tender. It is mostly seen
#Business #foreign exchange market
#wikipedia.org. United States dollar. The United States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par w
#Business #USA #foreign exchange market
#economist.com. #Jun.27.2024 × Who shaved $250bn from Kweichow Moutai’s market value?. Hint: it wasn’t Xi Jinping’s anti-corruption drive
#Business #Politics #China #Xi Jinping #China × #Asia
#economist.com. #Jun.27.2024 × How Chinese goods dodge American tariffs. Policymakers are unsure what to do about a tricky loophole
#Business #China #China × #USA #Asia #North America #Americas
#economist.com. #Jun.17.2024 × China’s giant solar industry is in turmoil. Overcapacity has caused prices—and profits—to tumble
#Business #China #China × #Asia
#economist.com. #Jun.13.2024 × Kung fu gives Africans their kicks. A rare soft-power export from China is spreading across the continent
#Business #China #Africa #China × #Asia
#economist.com. #Jun.13.2024 × A price war breaks out among China’s AI-model builders. It may stymie innovation
#Business #China #China × #Asia
#economist.com. #Jun.13.2024 × China’s currency is not as influential as once imagined. Its share of international reserves has stalled
#Business #China #China × #Asia
#economist.com. #Jun.12.2024 × The EU hits China’s carmakers with hefty new tariffs. Duties will only hold them back for a while
#Business #China #China × #Asia
#economist.com. #Jun.10.2024 × China is distorting its stockmarket by trying to prop it up. State purchases of shares are bad enough, but other measures are far more destructive
#Business #China #China × #Asia
#economist.com. #Jun.06.2024 × Should the world fear China’s chipmaking binge?. Concerns that cheap Chinese semiconductors will flood the market may be premature
#Business #Tech #China #China × #Asia
#economist.com. #Jun.06.2024 × Chinese fast-food insurgents are beating McDonald’s and KFC. The healthy appetite comes from smaller cities
#Business #China #China × #Asia
#economist.com. #Jun.06.2024 × Why global GDP might be $7trn bigger than everyone thought. The discovery has perturbed Chinese officials
#Business #China #China × #Asia
#economist.com. #Jun.03.2024 × China’s economic model retains a dangerous allure. Despite the country’s current struggles, autocrats elsewhere see a lot to admire
#Business #China #China × #Asia
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