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China's Commerce Ministry Vows to Boost Consumption, FDI in 2024

(Bloomberg) China’s Ministry of Commerce declared 2024 the “year of promoting consumption” as it stressed the need to revitalize demand and attract more investment in the world’s second-largest economy.Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Sensing Advantage in WarTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS Extends Lead Over China in Race for World’s Biggest EconomyUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong Year“Some foreign companies ....

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9 overseas firms under ED's scanner in ₹6k cr bitcoin ponzi scam | Mumbai news

The Enforcement Directorate is investigating nine overseas firms, including those in Hong Kong and Estonia, that were allegedly used to divert funds from a bitcoin-based ponzi scheme operated by Variable Tech. The scheme collected 80,000 bitcoins and diverted funds worth INR 6,606 crore ($915 million) through the nine firms to purchase properties abroad. The investigation has resulted in the provisional attachment of properties worth INR 69 crore. | Mumbai news ....

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China Relaxes Capital Controls in Top Cities to Woo Investors

(Bloomberg) China is taking steps to loosen strict capital-control measures in its two most important cities amid efforts to win back foreign companies as overseas investment slumps and the economy slows.Most Read from BloombergEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalIndia Suspends Visas, Canada Pulls Diplomats Amid Tensions‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsWall Street Trading Roiled by ‘Post-Fed Hangover’: Markets WrapCisco to Buy Splunk f ....

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