beijing

A wealthy businessman in China left his wife 1.6B Yuan ($220M) in bank accounts when he died. She then married his driver. 🇨🇳

The driver said:
I always thought I was working for my boss, but it turned out he was working for me.

#china #Chinese #Pekin #Beijing $BTC $ETH $XRP

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

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🚨 **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! 📈🔥
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#Chinese Cybersecurity Watchdog Alleges #US Stole $13.2B in Bitcoin Five Years Ago _ #Beijing claims the U.S. seized Bitcoin from a 2020 mining-pool hack and rebranded it as proceeds from crime.

"Disclaimer _ Source: Binance News / Coinmarketcap / Bitdegree / Coindesk / Cointelegraph / #Decrypt & do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"

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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.

Shiba Inu Back at the Same Level from Which It Surged 1,237% in 2021
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#news #viral #shorts #pakistan #International #fyp #cricket #match #srilanka #lahore #india #worldcup #Malaysia #xrp #crypto #binance #Afghanistan #japan #Olympics #iran #gold #daska #yango #china #beijing #poland

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

A wealthy businessman in China 🇨🇳 left his wife 💰1.6B Yuan ($220M) in bank accounts when he passed away. She later married his driver! 🚗💍

The driver said:
"I always thought I was working for my boss, but it turned out he was working for me." 😆👏

#China #Chinese #Pekin #Beijing $BTC ₿ $ETH $XRP

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

CHINA INJECTS $1.4 TRILLION OF “CONFIDENCE” INTO GLOBAL MARKETS 🇨🇳

The Chinese government has taken the long-awaited strategic step by global markets, rolling out a massive 10 trillion yuan (approximately $1.4 trillion) package. This move represents not merely a debt restructuring for China’s economy, but the opening of a clean slate for a new growth cycle.

Local governments, long burdened by high-interest and largely “hidden” debt, will gain much-needed breathing room under this program. The removal of bankruptcy risk from the equation will help cleanse the financial system of accumulated “toxic” debt, reopening investment channels that have remained clogged for years. As balance sheets improve, the increased spending and investment capacity of local governments is expected to re-accelerate the economic engine.

China’s decisive action to largely eliminate the risk of a systemic collapse is directly supporting global risk appetite. This “major clean-up” strengthens the case for a solid base (a market “bottom”) across commodities such as copper, iron, and oil, as well as in crypto markets signaling that worst-case scenarios are now behind us.

In essence, by reinforcing its economic foundations and securing a “soft landing,” China has also laid down the most critical infrastructure required for a sustainable uptrend in global markets.

#china #Beijing #bitcoin #BTC $BTC

The U.S. Secretary of the Treasury SCOTT BESSENT noted that current U.S. tariffs on Chinese goods are at 30%, while CHINA imposes just 10% on AMERICAN products.

He stressed that the U.S. doesn't aim to decouple from CHINA and believes BEIJING wants to act as a responsible partner.

Earlier, DONALD TRUMP stated:

🟠Every country wants to make a deal with the U.S.
🟠Yesterday we signed an agreement with CHINA — we’re opening the
🟠AMERICAN market for them
🟠A trade deal with INDIA is coming soon
🟠Passing the tax bill (Big Beautiful Bill) is now a top priority
🟠It would be good for the U.S. if the Fed lowered interest rates
🟠About POWELL : We have to fight this guy
🟠We’re taxing CHINA, MEXICO, and others that allow fentanyl imports
🟠We hope Congress can pass the tax bill by July 4

#DonaldTrump #china #Beijing

🚨Chinas Digital Yuan Quietly Challenges the Dollar📉

Moody’s U.S. credit rating downgrade has Beijing leaning into its digital yuan (e-CNY) as doubts about the dollar’s stability grow. Here’s the human story:

🟢Why the Rush?
👉🏻China’s e-CNY isn’t just about tech—it’s a Trojan horse to squeeze out the dollar. With BRICS allies like Russia and Brazil, China is already testing e-CNY for cross-border trade. Imagine paying for oil in digital yuan instead of dollars—that’s already happening between China and Russia.

🟢But at What Cost?
👉🏻The e-CNY offers speed and avoids U.S. sanctions, but it’s no Bitcoin. Beijing sees every transaction, every cent. For nations tired of dollar drama, though, state-controlled stability might trump privacy.

The Bottom Line
The dollar isn’t dead, but China’s digital yuan is carving a niche. As BRICS nations explore alternatives, the e-CNY is positioning itself as a pragmatic—if controversial—tool for de-dollarization.

Could this be the dollar’s first real digital rival? Let’s discuss.

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#beijing #usa #DigitalAssets

A wealthy businessman in China left his wife 1.6B Yuan ($220M) in bank accounts when he died. She then married his driver. 🇨🇳

The driver said:

I always thought I was working for my boss, but it turned out he was working for me.

#china #Chinese #Pekin #Beijing $BTC $ETH $XRP