China is experiencing a crypto cleansing, as the government appears keen on purging the country of all traces of cryptocurrencies. While several reasons could account for […] … ( read original story …)
Monthly Archives For September 2020
Beijing autoshow: China’s back, EVs booming, outlook uncertain
China’s auto market has rebounded smartly from the COVID-19 crash in recent months, executives said on Saturday, as a rare in-person trade show was dominated by talk of recovery in the world’s biggest … (…
U.S. Sets Export Controls on China’s Top Chip Maker
The U.S. action threatens to cut off SMIC from equipment used to manufacture chips. American companies are major suppliers of such equipment. SMIC is backed by several state-owned entities and is at … ( read…
Mainland China reports 15 new COVID-19 cases vs. eight a day earlier
Mainland China reported 15 new COVID-19 cases on Sept. 25, compared with eight cases announced a day earlier, the national health authority said on Saturday. ( read original story …)
China says it got WHO support for coronavirus vaccine emergency use
China gained the “understanding and support” from the World Health Organization before starting a controversial emergency use program for its Covid-19 vaccine candidates, a Chinese health official … ( read original story …)
US sanctions China’s biggest chipmaker
The US government has sanctioned China’s biggest chipmaker, dealing further damage to the country’s semiconductor industry after cutting Huawei off from its chip suppliers. On Friday, the US … ( read original story …)
Crowds In Masks Pack Out China Auto Show After Virus Delay
Crowds packed a mega motor show in Beijing on Saturday — the only major international auto event this year — as manufacturers hope to boost the world’s biggest car market despite the coronavirus … (…
Audi considering electric car venture with China’s FAW: Automobilwoche
German premium brand Audi is in talks with long-term partner FAW Group [SASACJ.UL] about creating a second joint venture to build electric cars on its PPE platform in China, Germany’s Automobilwoche … ( read original…
China pushes emergency use of COVID vaccine despite concerns
After the first shot, he had no reaction. But Kan Chai felt woozy following the second dose of a COVID-19 vaccine approved for emergency use in China. “When I was driving on the road, I…
China needs to step up global financial integration – FX regulator
China needs to further open its capital markets and financial industry to avoid being globally isolated，a senior foreign exchange regulator said on Saturday. ( read original story …)
China Gives Unproven Covid-19 Vaccines to Thousands, With Risks Unknown
Drug company workers, government officials and others have been injected. More will be soon, bewildering experts who worry about potential ill effects. ( read original story …)
Nissan to launch slew of new vehicles in China over next five years, CEO says
Nissan Motor’s chief executive said on Saturday he planned to launch a number of new vehicles in the growing Chinese market over the next five years, including electrical cars, that could help the … (…
Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. ( read original story …)
