Crypto miners help create jobs, contribute to fiscal coffers and prefer to be in areas with energy oversupply, CEO says.
Monthly Archives For June 2021
Shenzhen finds three new virus cases
Shenzhen reported three asymptomatic coronavirus cases on Tuesday, one of which was an imported infection, according to the municipal health commission. The imported case involves an Indian man who …
South China Sea dispute: Malaysia accuses China of breaching airspace
Malaysia says it is to summon China’s ambassador after 16 Chinese military aircraft flew over disputed waters off its eastern state of Sarawak. Fighter jets were scrambled to intercept the transport …
Malaysia accuses China of breaching airspace
Malaysia says it is to summon China’s ambassador after 16 Chinese military aircraft flew over disputed waters off its eastern state of Sarawak.Fighter jets were scrambled to intercept the transport …
Tiger Brokers Plans to Launch Crypto Trading outside China
Tiger Brokers, a Chinese online broker listed on the US stock exchange, is planning to launch cryptocurrency trading services for its customers outside mainland China.
China Chooses Isolation, Even With 20 Million Covid Shots a Day
China is rolling out a world-leading 20 million Covid-19 vaccine doses a day, and more than 40% of the nation’s vast population has had at least one, homegrown shot. But as other countries move to…
Mining rig maker Canaan argues against wholesale crackdown on bitcoin mining in China
A major Chinese maker of bitcoin mining machines argued against an indiscriminate crackdown on cryptocurrency mining in China, saying the business helps make better use of electricity and contributes …
China wants to change growth levers, and is looking to impose a nationwide property tax for the first time
The common Chinese has taken too much housing debt for Beijing’s comfort. CCP wants to regulate the credit flow. The move is also being seen as a step to steer away from its construction &…
Chinese central bank’s digital yuan given trial by lottery
China’s capital Beijing will launch a lottery in June giving out free online wallets containing 200 digital yuan ($31.34) to winners, in another trial for the central bank’s eCNY, according to a …
China remains strong export market for New Zealand despite COVID-19: statistics
China accounted for 26 percent of New Zealand’s total goods and services exports, and 20 percent of imports in the year to March 2021, Stats NZ said. Total exports to China were worth 19 billion…
Huanlejia Food Group’s IPO debut on Shenzhen Stock Exchange today
Huanlejia Food Group (300997) starts trading on the Shenzhen ChiNext Market today. The IPO is priced at RMB 4.94 per share to raise RMB 444.6 mln. Its initial listing shares accounts for 20% of total…
China’s Xi Jinping wants to ‘make friends’ with the world. But Beijing can’t kick its wolf warrior habits
The Chinese President said it was important for the country to tell its story in a positive way, presenting the image of a “credible, lovable, and respectable China,” according to state-run news …
China easing child restrictions on couples
Watch “China easing child restrictions on couples allowing them to have three children “, a CBSN video on CBSNews.com. View more CBSN videos and watch CBSN, a live news stream featuring original CBS …