Tesla bet big on building out its Supercharger network in the US. Now it’s doing the same thing in China on the famous Silk Road.
Monthly Archives For June 2021
Why China’s kicking out the crypto miners
China has been upping its regulatory squeeze on cryptocurrencies for some time, but it now looks likely that over 90% of Bitcoin mining capacity in the country will shut down, according to a report in…
China Hates Crypto: Message Received
The current crackdown on mining goes even further in eradicating cryptocurrency activities from China’s economy.
Bitcoin falls below $30,000 as China cracks down cryptocurrency operations
With Tuesday’s sell-off, which slashed the values of the 20 largest tokens by market cap, bitcoin has lost more than half its value since April.
Live: Visit one of the country’s biggest import car hubs in SW China
Join CGTN’s Xu Xinchen for a closer look at newly-arrived sports cars and luxury SUVs at a port for imported cars.
Blockchain Capital, venture capital firm, raises $300 million from PayPal, Visa
Bitcoin and several other cryptocurrencies crashed last month, hit by news of renewed regulatory scrutiny in China and Tesla boss Elon Musk halting the use of bitcoin for car purchases …
Agencies Behind China’s Top Livestreaming Stars Plan IPOs
The incubators behind two of China’s most popular influencers are making preparations for initial public offerings as competition in the live-streaming e-commerce market intensifies.
China denies forced labor allegations in Xinjiang solar material manufacturing
China dismissed allegations of forced labor in Xinjiang after a report suggested the United States was considering a ban on Chinese solar imports.
China State Media Warns of Counterattack With Russia to U.S. ‘Serious Provocations’
The Global Times, a Chinese state run outlet, railed against the United States on Tuesday, warning America that it’s overestimating its strength and should tread lightly if it doesn’t want to face …
China to keep COVID-19 border restrictions for another year – WSJ
China is planning to keep its pandemic border restrictions in place for at least another year over worries of emergence of new variants and a calendar of sensitive events, the Wall Street Journal …
Flowers adorn Beijing’s main thoroughfare
To celebrate the 100th anniversary of the founding of the Communist Party of China in July, Beijing’s landscaping authority will adorn 10 themed floral terraces at major intersections along Chang’an …
China, Canada spar at UN body over human rights failings
Canada and 40 other countries on Tuesday urged China to allow “immediate, meaningful and unfettered access” so independent observers can visit its western Xinjiang region, while a Chinese envoy …
China’s corn imports set to reach record levels this year, as high prices boost demand for substitutes
China’s corn imports are on their way to hitting record highs for the 2020-21 season, but high prices are boosting demand for alternative grains to use as animal feed.