Atlanta rapper Money Man, who released his new album Blockchain last month, made headlines when he became the first musician to receive his seven-figure advance for his next project in Bitcoin, from …
BUSINESS
China: Manufacturing Under Pressure After Stunning Post-COVID Rebound
Chinese manufacturing is under pressure from both ends: raw material and energy prices are rising sharply; while consumer demand is weak. However, despite considerable supply chain problems during the …
China (Hainan) Sporting Goods and Equipment Import Exhibition Started in December
In July 2021, the Summer Olympics, which was postponed for one year, was inaugurated in Tokyo. In September 2021, Xi’an, China hosted the 14th National Games. In February 2022, China will host the …
SenseTime is blacklisted on the day its IPO was due to price
SenseTime Group’s Hong Kong IPO of up to HK$5.99bn (US$768m) was in limbo on Friday after the Chinese artificial intelligence company was put on a blacklist that bars Americans from investing in it. A …
US may ban key exports to Chinese chipmaker SMIC – sources
Chinese chipmaker, Semiconductor Manufacturing International Corp (SMIC) may have been under the searchlight of the US Defense Department and a new proposal could see the company being shut out from …
Forced labour in China: US House of Representatives passes bill to ban imports from Xinjiang
Washington: The US House of Representatives on Wednesday approved forced labour legislation that would ban the importation of goods sourced in China’s Xinjiang Uygur autonomous region, media reports …
SenseTime IPO: US slaps American investment ban on AI firm
SenseTime’s big stock market debut may have hit a major snag because of tensions between the United States and China.
U.S. and Others Pledge Export Controls Tied to Human Rights
The Biden administration’s partnership with Australia, Denmark, Norway, Canada, France, the Netherlands and the United Kingdom aims to stem the flow of key technologies to authoritarian governments.
Bitcoin’s ‘Great Mining Migration’ Has Survived China’s Massive Crypto Crackdown
The Bitcoin hashrate, which measures the global computing power of Bitcoin mining, has almost recovered to the level it was at back in May, prior to China’s government crackdown on the industry, a …
BizBeat Ep. 283: China’s 20 years in WTO, growing with the world
December 11 marks the 20th anniversary of China’s entry to the World Trade Organization (WTO). Over the past 20 years, China’s exports of goods have increased by more than seven times, while China’s …
Exclusive-China Snaps up Large Volumes of French, Ukrainian Feed Grain
Chinese buyers have been making large purchases of French wheat and barley along with Ukrainian corn and barley in the last week, trade sources said, taking advantage of a pause in surging prices to …
Crypto Exchange Huobi Is Leaving China This Month
Huobi Global, one of the popular crypto exchanges, has confirmed that the company is leaving China this month. Chinese users will no longer be able to …
Asia economists cautiously optimistic even amid Omicron fears, China slowdown
New Covid-19 variants are expected to continue triggering new localised restrictions, with a China slowdown also raising concern But higher vaccination rates and smaller waves of infection are …
