US Denies China Companies Delisting. But The Writing is On The Wall

US Denies China Companies Delisting. But The Writing is On The Wall

U.S. stocks declined sharply on Friday after The Wall Street Journal reported that President Trump was considering de-listing Chinese companies from domestic exchanges. In response to the widely-referenced report, the Treasury Department said that it was not considering de-listing Chinese stocks at this time. This will likely provide more support to U.S. markets when they…

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China’s Cryptocurrency ‘Protects’ Legal Currency Yuan: Central Bank Official – CCN Markets

China’s Cryptocurrency ‘Protects’ Legal Currency Yuan: Central Bank Official – CCN Markets

China’s state digital currency is coming. | Source: Shutterstock China’s incipient digital currency will apparently “bear similarities” to Facebook’s own proposed cryptocurrency and is intended to protect China’s ‘monetary sovereignty’, according to a superior within China’s central bank.Relaying the several key attributes of China’s new central bank digital currency (CBDC) Mu Changchun, deputy director of…

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