China central bank says warned bitcoin exchanges of closure risk on rule violations | Reuters

China’s central bank said on Thursday it met with nine smaller local bitcoin exchanges to discuss risks and problems in the bitcoin market, and warned them that they risk closure should they seriously violate the country’s regulations.

Source: China central bank says warned bitcoin exchanges of closure risk on rule violations | Reuters

China Tightens Monetary Policy by Raising Money Market Rates – Bloomberg

China’s central bank tightened monetary policy by raising the interest rates it charges in open-market operations and on funds lent via its Standing Lending Facility as it shifts to reining in asset prices and inflation.

Source: China Tightens Monetary Policy by Raising Money Market Rates – Bloomberg

China and India can rely on young spenders to help Asia survive if a trade war erupts, Deloitte says

Global consulting firm Deloitte has some soothing news for those worried about the economic fallout in Asia from possible trade war.

Source: China and India can rely on young spenders to help Asia survive if a trade war erupts, Deloitte says