We also expect accelerated consolidation as strict environmental regulations and dual-carbon targets will mean rising costs for smaller-sized producers visited by frequent disruption to production.
Monthly Archives For November 2021
Crypto Miner Xive Shuts Down South Kazakhstan Mine Due to Electricity Woes
Crypto mining company Xive shut down a 2,500 rig mine in South Kazakhstan due to lack of sufficient electricity supply from the national grid, co-founder Didar Bekbau told CoinDesk on Wednesday.
Newly proposed bill may shake up India’s crypto space
Some observers assume that the bill will be similar to a draft introduced in January that aims to ban all private cryptocurrencies in the country.
JPMorgan CEO jokes bank will outlast China’s Communist Party
JPMorgan has been operating in China since 1921, the same year the Communist Party … “It is not really a currency,” Dimon said, calling them “crypto tokens” with no intrinsic value that have run up…
China’s Crypto Mining Machine Exodus Results in Global Redistribution
A global redistribution in cryptocurrency mining machines is going on following China’s banning of mining activities back in May. The majority of the machines, a total of just over 2 million, have …
India to join China in banning private cryptocurrencies
India’s previous ban on cryptocurrency was overturned in April 2020, leading to a booming cryptocurrency market. India Breaking News – eTurboNews | Trends | Travel News …
China Circulates New Rules for Celebrities Promoting Brands, Products
At a time when more international brands than ever are tapping into the power of Chinese celebrities to reach young consumers in the world’s largest fashion and luxury market, those celebrities are …
China strict on COVID-19 ahead of Olympics
But the bizarre stories illustrate how much pressure Chinese districts face to keep COVID-19 cases at zero, especially as the Chinese government prepares for the 2022 Winter Olympic Games in Beijing.
China’s birthrate plummets to lowest figure in decades
China’s birthrate plummeted to a record low last year, highlighting a looming demographic crisis for Beijing caused by a rapidly ageing workforce, a …
China issues commemorative coins for Beijing 2022 Paralympics
China’s central bank on Wednesday issued a set of commemorative coins for the Beijing 2022 Paralympic Winter Games.
Jamie Dimon sets his bank up to be China punchline
JPMorgan’s boss was looking for chuckles when he said he’d wager that his employer would outlast the country’s Communist Party. Beijing is unlikely to appreciate the humour. As UBS and others can …
JPMorgan CEO Dimon joked that his bank will outlast China’s Communist Party
“I made a joke the other day that the Communist Party is celebrating its 100th year — so is JPMorgan. I’d make a bet that we last longer,” said Dimon.
In 10 charts: China’s growing clout at World Bank, major global institutions
China has drastically increased its financial clout in many major global institutions and funds over the last decade, a Washington-based th.
