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  1. R

    Cheap Transfer to China (Mainland) Bank

    Hi everyone, I have had a CNY bank account in Mainland China for some time, but unfortunately, I haven’t found a cost-effective way to deposit money into it. Revolut only allows transfers in USD to China, and with Wise, it’s only possible to send money to Chinese citizens. So far, I’ve been...
  2. gh0p

    Why were responses deleted from Downtime Announcement by admins?

    update: admins explained below. case closed. Hey everyone I thought this was something interesting I noticed and it probably is good for admins to let us know why @JohnLocke it happened. There was a 12 hour-ish downtime of OCT and this was the topic used by admins to announce it...
  3. Mr Saito

    Paying VAT??

    Hey guys, I want to start selling in the EU. I have a HK company. And I'm dropshipping the product directly from China. Do I need to pay any VAT? If so can someone explain it to me, please? Thanks!
  4. Martin Everson

    China and Saudi Arabia sign currency swap accord

    https://www.reuters.com/markets/currencies/china-saudi-arabia-central-banks-sign-local-currency-swap-agreement-2023-11-20/ ---- quote start BEIJING, Nov 20 (Reuters) - The People's Bank of China and the Saudi Central Bank recently signed a local currency swap agreement worth 50 billion yuan...
  5. K

    alipay payment gateway for piracy site

    hey guys, we run a website similar to zlib which hosts books for users to download for free, we would like to receive donations from our chinese users, but to do that we must own a alipay or wechat verified account, and since its not possible, i was wondering if there is a payment gateway like...
  6. JohnnyDoe

    How to buy crypto in China

    Can anyone write a brief guide on how to do that in the most practical way? For a Chinese guy who has money in China and wants to buy crypto.
  7. FantomOffshore

    Android app from China executed 0-day exploit on millions of devices

    Android apps digitally signed by China’s third-biggest e-commerce company exploited a zero-day vulnerability that allowed them to surreptitiously take control of millions of end-user devices to steal personal data and install malicious apps, researchers from security firm Lookout have confirmed...
  8. Martin Everson

    Russia and China announce new reserve currency

    Russia and China are brewing up a challenge to dollar dominance by creating a new reserve currency https://markets.businessinsider.com/news/currencies/dollar-dominance-russia-china-rouble-yuan-brics-reserve-currency-imf-2022-6 ------- quote start Russia is ready to develop a new global...
  9. Martin Everson

    Is Saudi Arabia and China looking to ditch the dollar in a new oil deal?

    ---- quote start An economist explains why Saudi Arabia and China are looking to ditch the dollar in a new oil deal — and where Beijing could target next as it spreads yuan adoption A potential yuan-based oil deal between Saudi Arabia and China could signal more unease with reliance on the US...
  10. Martin Everson

    Chinese central bank orders lenders to cut cryptos’ financial lifelines

    More FUD. https://forkast.news/china-crypto-ban-bank/ --- start quote The People’s Bank of China has told the country’s big banks and other finance sector heavyweights to cut off financing sources for cryptocurrency transactions, it announced this afternoon. Fast facts: The PBoC issued...
  11. Martin Everson

    China overtakes U.S. as World’s largest economy

    https://www.msn.com/en-xl/news/other/china-overtakes-us-as-world-e2-80-99s-largest-economy/ar-BB1ac3Hm ---- start quote China has now overtaken the US to become the world’s largest economy according to the IMF’s World Economic Output 2020 released recently. The International Monetary Fund...
  12. D

    Hong Kong LLC controlled by a Chinese company for legal protection

    The thread title may sound counter-intuitive, but let me explains the details: Bob is running a profitable SaaS platform that is sightly allegal from the eyes of a large US company, mainly because of disloyal competence. There is a significant chance that the US company start suing...
  13. Hector

    Help for business: Marketing in Europe for China Companies

    Good morning everybody, After all day yesterday reading posts in this forum I finally decided to make my first post asking for some of your advice. My business model consists on advertising Chinese companies online in Europe in exchange for a commission per sale. I live in Spain and getting...