Some end up asking ZachXBT for help, and he has recovered funds for them. “I would say there is very little law enforcement in the crypto space,” he said, adding that China was particularly …
Monthly Archives For October 2022
Domino’s China operator banks on IPO for expansion
Recent attempts by the Chinese franchisee of Domino’s Pizza Inc to seek a Hong Kong float have demonstrated enhanced efforts by the operator to tap the flourishing and competitive pizza market in …
Zooming car sales will hit China’s growth limit
Katrina was deputy managing editor of Shanghai Business Review magazine. She graduated from the University of Oxford with an MA in Classics, and earned a Masters of Journalism with distinction from …
Beijing confirms large deep-water gas find in the South China Sea
The Chinese government has confirmed the latest deep-water gas discovery Baodao 21-1 in the Qiongdongnan basin of the South China Sea holds up to 50 billion cubic metres of proved gas in place.
China’s Xi Jinping sends ‘warning signal’ to the wealthy as he opens new front in ‘common prosperity’ push
President Xi Jinping’s report to the 20th party congress signalled more robust regulation to evenly distribute the spoils of China’s rapid development Analysts expect a wider array of taxes to support …
China’s economy badly hit by Covid lockdowns, negatively affecting businesses, consumers
The economic indicators from China don’t look encouraging as the country had been badly hit by widespread coronavirus lockdowns negatively affecting both businesses and consumers. China, the world’s …
Is the benefit of China’s zero-Covid policy worth the cost?
While this containment strategy has saved many lives, it has also slowed the country’s economy, exacerbated supply-chain disruptions, and kept millions under lockdown for months.
Lam Research warns of up to $2.5 billion revenue hit from U.S. curbs on China exports
Chip-making technology provider Lam Research Corp on Wednesday warned of a $2 billion to $2.5 billion revenue hit in 2023 from U.S. curbs on exports of high-end technology shipments to China. Under …
EU Puts Bitcoin in Crosshairs With Crypto Energy Labeling Plan
The European Union will develop an energy efficiency label for cryptocurrencies like Bitcoin in a bid to rein in the growing electricity consumption of the industry.Most Read from BloombergBlinken Say …
Inside China’s Crypto Scene, a Year After Sweeping Crackdown
This summer, word started spreading over Chinese social media about a conference in Dali, a city nestled among 4,000-meter (13,100-foot) peaks in the country’s southwest. Most Read from …
As China’s Xi Jinping Tightens Grip on Power, a Faceless Protest Grows
A lone man’s protest in Beijing, which circulated on Twitter threatened to upstage Xi Jinping’s extension of power over China.
US figure skaters still await medals from Beijing Games
Every once in a while, Nathan Chen and the rest of the American figure skaters who finished second in the team event at the Beijing Olympics will get on a group chat and catch up…
Why an accelerated US-China tech decoupling is truly worrying
A sweeping ban on the sale of semiconductors and advanced chips to China marks a further escalation in an already tense Sino-US relationship. To be clear, tech frictions between the two countries are …
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