Beijing
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Chinese Ambassador to #Pakistan Jiang Zaidong met Pak Prime Minister #ShehbazSharif in #Islamabad and exchanged views on the #India -Pakistan tensions as #Beijing kept abreast with the evolving situation.
$BTC
$BTC
🚨 **Billion-Yuan Plot Twist!** 💼💔
When a Chinese tycoon passed away, his wife inherited **1.6 BILLION Yuan ($220M)** from his bank accounts. Her next move? Marrying his *driver*. 🇨🇳💸
The driver dropped a legendary quote:
*“All those years, I thought I was working for my boss… turns out, he was working for ME.”* 😎🚘
**Crypto Twist?** Whispers say the couple’s new fortune is now fueling **$BTC , $ETH, and $XRP** investments! 📈🔥
**Update Your Sticker Game:**
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#China #Beijing #Peking #WealthDrama #CryptoMasters #BitcoinBoom #StickerVibes #
$BTC
🚨 **Billion-Yuan Plot Twist!** 💼💔
When a Chinese tycoon passed away, his wife inherited **1.6 BILLION Yuan ($220M)** from his bank accounts. Her next move? Marrying his *driver*. 🇨🇳💸
The driver dropped a legendary quote:
*“All those years, I thought I was working for my boss… turns out, he was working for ME.”* 😎🚘
**Crypto Twist?** Whispers say the couple’s new fortune is now fueling **$BTC , $ETH, and $XRP** investments! 📈🔥
**Update Your Sticker Game:**
Grab our **TRENDING crypto sticker pack** to spice up your posts, chats, and trades! 💬✨
👉 [**LINK IN BIO**]
#China #Beijing #Peking #WealthDrama #CryptoMasters #BitcoinBoom #StickerVibes #
China discovered the world's largest gold deposit worth $83 billion. 🪙💰🇨🇳
China has unveiled a staggering gold reserve in Pingjiang County, Hunan Province, that could redefine the global gold market. Spanning 40 geological veins, the deposit contains 1,000 tons of gold with an exceptional concentration of 138 grams per ton—far surpassing the global average of 8 grams.
Valued at $83 billion, this find outshines South Africa’s South Deep Mine and positions China as a dominant force in global gold production. With the nation already accounting for 10% of global output, this discovery bolsters its economic and strategic influence at a time of global uncertainty.
The reserve's potential to impact gold prices, investment strategies, and trade dynamics is immense. It also reignites conversations about resource exploration and challenges assumptions about global mineral limitations. However, environmental and sustainability concerns loom as critical factors in how the reserve is developed.
As China maneuvers this monumental discovery, its implications for markets and geopolitics remain a topic of intense speculation, marking a pivotal moment in economic history.
#China #beijing #gold #Hunan #PAXG
China has unveiled a staggering gold reserve in Pingjiang County, Hunan Province, that could redefine the global gold market. Spanning 40 geological veins, the deposit contains 1,000 tons of gold with an exceptional concentration of 138 grams per ton—far surpassing the global average of 8 grams.
Valued at $83 billion, this find outshines South Africa’s South Deep Mine and positions China as a dominant force in global gold production. With the nation already accounting for 10% of global output, this discovery bolsters its economic and strategic influence at a time of global uncertainty.
The reserve's potential to impact gold prices, investment strategies, and trade dynamics is immense. It also reignites conversations about resource exploration and challenges assumptions about global mineral limitations. However, environmental and sustainability concerns loom as critical factors in how the reserve is developed.
As China maneuvers this monumental discovery, its implications for markets and geopolitics remain a topic of intense speculation, marking a pivotal moment in economic history.
#China #beijing #gold #Hunan #PAXG
Chinese Government Takes Unexpected Step to Combat Financial Instability. 🇨🇳🐉
The China Securities Regulatory Commission (CSRC) has made a significant announcement, revealing its decision to suspend lending restricted shares starting January 29. This strategic move is a part of China's broader efforts to curb short-selling activities and bring stability to its stock market, which has been facing considerable turbulence.
Restricted shares, often subject to sale and transfer restrictions for corporate governance or employee compensation reasons, take center stage in this decision. The suspension aims to emphasize fairness, reduce securities lending efficiency, and ultimately foster a more equitable market order.
This is not the first step in China's campaign. In January, the country's largest brokerage ceased lending stocks to retail investors and increased margin requirements for institutional investors. Back in October, new rules were implemented for hedge funds, restricted shares lending, and heightened supervision of arbitrage activities.
China's stock market encountered hurdles in 2023, with the CSI 300 Index declining by 11%. Foreign investors, displaying reduced confidence, offloaded over 170 billion yuan worth of onshore stocks between July and November last year.
Short-selling, a financial strategy involving borrowing shares with the hope of a price decline, is at the center of China's regulatory focus. The aim is clear – to curb short-selling activities and stabilize the market amidst significant challenges.
Interestingly, despite market challenges, China is channeling significant investments into pilot projects for its central bank digital currency (CBDC) – the digital yuan. CBDC use cases extend to integrations with foreign banks and settling commodities transactions on Shanghai exchanges.
#China #BTC #etf #ETH #beijing
The China Securities Regulatory Commission (CSRC) has made a significant announcement, revealing its decision to suspend lending restricted shares starting January 29. This strategic move is a part of China's broader efforts to curb short-selling activities and bring stability to its stock market, which has been facing considerable turbulence.
Restricted shares, often subject to sale and transfer restrictions for corporate governance or employee compensation reasons, take center stage in this decision. The suspension aims to emphasize fairness, reduce securities lending efficiency, and ultimately foster a more equitable market order.
This is not the first step in China's campaign. In January, the country's largest brokerage ceased lending stocks to retail investors and increased margin requirements for institutional investors. Back in October, new rules were implemented for hedge funds, restricted shares lending, and heightened supervision of arbitrage activities.
China's stock market encountered hurdles in 2023, with the CSI 300 Index declining by 11%. Foreign investors, displaying reduced confidence, offloaded over 170 billion yuan worth of onshore stocks between July and November last year.
Short-selling, a financial strategy involving borrowing shares with the hope of a price decline, is at the center of China's regulatory focus. The aim is clear – to curb short-selling activities and stabilize the market amidst significant challenges.
Interestingly, despite market challenges, China is channeling significant investments into pilot projects for its central bank digital currency (CBDC) – the digital yuan. CBDC use cases extend to integrations with foreign banks and settling commodities transactions on Shanghai exchanges.
#China #BTC #etf #ETH #beijing
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A wealthy businessman in China left his wife 1.6 billion yuan ($220 million!!!)
China raises retirement age for first time since 1978. 🇨🇳
In response to demographic shifts and economic needs, China has implemented its first retirement age increase since 1978.
The policy raises the retirement age for men from 60 to 63. For women, the change is nuanced, with the retirement age increasing from 50 to 55 for blue-collar workers and from 55 to 58 for white-collar workers.
#China #beijing #retirement
In response to demographic shifts and economic needs, China has implemented its first retirement age increase since 1978.
The policy raises the retirement age for men from 60 to 63. For women, the change is nuanced, with the retirement age increasing from 50 to 55 for blue-collar workers and from 55 to 58 for white-collar workers.
#China #beijing #retirement
#TON
Booster Robotics' adorable little humanoids drew large crowds on the final day of the 2024 World #Robot Conference in #beijing .
#artificialintelligence 🤖
#DOGSONBINANCE
Booster Robotics' adorable little humanoids drew large crowds on the final day of the 2024 World #Robot Conference in #beijing .
#artificialintelligence 🤖
#DOGSONBINANCE
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