Australia’s wine industry association says just A$12 million (US$9.3 million) worth of wine cleared Chinese customs from December to March, versus A$325 million from the same period a year prior.
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China Snubs U.S. With Huge Iraqi Gas Deal
The Mansuriya gas deal that Iraq signed with Sinopec last week comes shortly after multi-faceted 25-year deal between China and Iraq’s chief sponsor state, Iran …
China Reins In Tech Giants’ Finance Arms After Hobbling Ma’s Ant
Chinese regulators imposed wide-ranging restrictions on the fast-growing financial divisions of 13 companies including Tencent Holdings Ltd. and ByteDance Ltd., leveling many of the same curbs …
Baidu will offer first paid robotaxi service in China next month, letting people hail rides without drivers
Baidu will allow people to order autonomous taxis on May 2 in an industrial park in western Beijing as competition heats up in the race to develop autonomous driving tech.
What China’s Blockchain Services Network Means for the World
While China invests heavily in blockchain technology, President Biden failed to mention the topic in his recent State of the Union.
Beijing to Track Crypto Mining Impact on Energy Consumption: Report
the notice said. In March, Inner Mongolia, an autonomous region in China, declared it would force crypto mining businesses to close by April.
Taiwan Bans Companies From Hiring Employees in China as Tensions Rise
The notice is an extreme measure by Taipei to stop a drain of tech workers from the island to China, and goes as far as to subject violators to fines.
China challenges claims of declining population as census release postponed
China said the nation’s population is increasing, after multiple press reports suggested the number of newborn babies is on the decline.
Bank of China Opens in Housing Estate in Beijing, China
A Bank of China branch sits under an international housing estate in Beijing on Thursday, April 29, 2021. Expanding domestic consumption is a priority in China’s “dual circulation” economic plan first …
WRAPUP 1-China’s Big Five banks boost profits, but margins shrink
Five of China’s largest state-owned banks have reported higher first-quarter net profits, helped by a rebound in the country’s economy from the coronavirus pandemic.
Crypto Flipsider News – April 29th – Germany, SEC, Chia, Ethereum, European Investment Bank
After the celebrity parade happened yesterday, we returned to the usual seriousness of the crypto world. The flipsider stayed very happy. Moreover, today we got breaking news from Germany. It’s the …
Chinese Shop in Beijing, China
Chinese visit a popular tourist area known for shopping, cultural gifts and souvenirs in Beijing on Thursday, April 29, 2021. Expanding domestic consumption is a priority in China’s “dual circulation” …
Beijing summons online financial platforms and warns over unfair market practices
Regulators say there have been beaches of consumer rights with some platforms operating outside permitted business areas.