Chinese headphone maker in Dongguan shuts down, intensifying country’s woes in manufacturing, cross-border e-commerce

Chinese headphone maker in Dongguan shuts down, intensifying country’s woes in manufacturing, cross-border e-commerce

A major Bluetooth headphone maker, Dongguan Koppo Electronics Co, has decided to shut down for good and dismiss all its workers, becoming the latest casualty of the economic headwinds, supply chain disruptions and trading woes that have hit China’s manufacturing heartland. Koppo Electronics, which has operated its factory in the city of Dongguan in southern

Digital currency is the future of Russia’s financial system, says country’s central bank governor

Digital currency is the future of Russia’s financial system, says country’s central bank governor

(Kitco News) Central bank digital currency is the future of Russia’s financial system, especially in light of the developing digital economy, said Russia’s central bank governor Elvira Nabiullina. “It’s the future for our financial system because it correlates with this development of digital economy, digital finance,” Nabiullina told CNBC on Wednesday. “We