China

Bitcoin Prices Spike, Mostly in Chinese Exchanges

Bitcoin Prices Spike, Mostly in Chinese ExchangesBitcoin, the virtual currency may be gaining popularity once more following a lull. The price of Bitcoin is rising once more as the Chinese market and the Wall Street have helped in starting a new frenzy.

Increase in Costs Cuts Profits for Baidu

Increase in Costs Cuts Profits for BaiduThe increased revenue of Baidu was counter balanced with the drop in the Q3 profits due to mounting costs.

September CPI Drop in September; Concerns Regarding Deflationary Pressure Deepen

September CPI Drop in September; Concerns Regarding Deflationary Pressure DeepenIn September, China's consumer inflation was lower than what was expected, whereas the producer prices further s

Private Survey Reveals, Firms in China Show resilience in the Third Quarter

Private Survey Reveals, Firms in China Show resilience in the Third QuarterAlthough some improvements were noticed in the Chinese economy in recent times during the third quarter, but that

Two of Uber’s Rivals, Lyft and Didi Kuaidi Team Together to Form International Strategic Alliance

Two of Uber’s Rivals, Lyft and Didi Kuaidi Team Together to Form International Strategic AllianceUber's completion just got tougher on Wednesday, as  its rivals, Lyft, based in San Francisco

Deflation Fears in China Further Deepen as Producer Prices Drop at Its Greatest Speed in Six years

Deflation Fears in China

The deflation risks are dawning deeper for the Chinese economy as the manufacturers in August cut prices at the greatest ever speed with dropping commodity prices and slowing demands. The slowing economic growth and increasing woes of deflation have added to expectations that the government will introduce fresh stimulus measures.

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