A cyberattack on Brazil’s JBS SA, the world’s largest meatpacker that exports one-third of its products to China, only has a slight impact on China’s meat imports, though some importers may be worried …
Monthly Archives For June 2021
Chinese Crypto Mining is Economically Efficient, Argues Canaan CEO
Canaan is arguing against the indiscriminate crackdown on cryptocurrency mining in China, citing the industry’s economic efficiency.
China is giving away digital yuan worth $6.2 million in a Beijing lottery as it tests out its CBDC, reports say
Beijing residents can win ‘red packets’ worth 200 yuan each in a lottery held by China’s central bank in its digital currency trials.
Why China Is Cracking Down on Bitcoin Mining and What It Could Mean for Other Countries
But compounding matters is the enormous environmental toll of crypto mining, which undermines Chinese President Xi Jinping’s ambitious promise to make China carbon neutral by 2060. Before the …
Oatly Set for Further Expansion in China Following IPO Success
Publicly owned Swedish oat milk giant Oatly will be expanding its retail channels in China dairy alternatives market after recent IPO …
Coronavirus: China hits out at vaccine ‘hoarding’ nations during BRICS talks
Foreign Minister Wang Yi says that in contrast, more than 350 million Chinese shots have been sent to other countries.
What Fauci Discussed With China in Emails
Dr. Anthony Fauci’s inbox was flooded with correspondence from all corners of the world, including China, at the start of the coronavirus pandemic in 2020, according to excerpts of his emails …
China Mobile pilots 5G network at Hangzhou Olympic Sports Center for 2022 Asian Games
China Mobile Zhejiang has verified a pilot 5G network in the Hangzhou Olympic Sports Center. Running on Huawei’s products and services, the network used 2.6 GHz and 4.9 GHz spectrum to provide 5G …
Fitch Affirms Beijing State-Owned Assets Management at ‘A’; Outlook Stable
Fitch Ratings has affirmed China-based Beijing State-Owned Assets Management Co., Ltd.’s (BSAM) Long-Term Foreign- an …
China Handing Out $6.2 Million of Digital Yuan in Beijing
Continuing on with its central bank digital currency trials, China is handing out $6.2 million worth of its digital yuan to Beijing residents.
Beijing to give away 40 million yuan digital RMB ‘red packets’ to local residents
Beijing’s financial regulator announced on Tuesday that 40 million yuan ($6.27 million) digital yuan (or RMB) will be given away to local residents as the city moves to conduct a trial of the …
OnePlus May Be Working On Cryptocurrency Wallet After Conducting A Survey On Blockchain Technology
OnePlus was recently found to be doing a survey on blockchain research that is aimed at getting user feedback on cryptocurrencies.
China put analysts, fund managers on notice as regulators start frowning on stock index forecasting
In China, making calls on specific stock index levels could soon become hazardous for analysts and money managers. The practice might be the next focus of a crackdown by market regulators.