This time around, they will be going after cryptocurrency mining and trading. China’s Financial Stability and Development Committee (FSDC) revealed during its 51st meeting that it intends to tighten …
BUSINESS
China posts increase of local brands, products
According to an industrial statement, China has posted an upsurge in interest among young consumers in local brands and goods that fit in traditional Chinese style and culture over the last few years.
A crypto crash wiped out $1 trillion this week. Here’s what happened
Wild, stomach-churning moments are part of the experience when you buy a ticket to the crypto circus. But the past week’s volatility was enough to make …
China’s Bitcoin Mining Crackdown May be Quite Bullish for Global Hashrate Diversification, Expansion of North American BTC Mining: Report
China’s Bitcoin mining crackdown may be quite bullish for global hashrate diversification, expansion of North American BTC mining: Report.
CORRECTED-Glencore, Umicore to trace battery cobalt with blockchain technology
Umicore, Glencore, China Molybdenum Co (CMOC) and Eurasian Resources Group (ERG) will pilot blockchain technology Re|Source until the end of 2021 and expect to roll it out in 2022. Cobalt is in high …
Engineering goods exports to US, China post impressive growth in April 2021
Engineering goods exports from India to most top markets including the US, China, Germany and Italy posted high growth in April 2021 (year-on year) which could be mostly attributed to a low-base …
Can China stay ahead in the global vaccine diplomacy race as the US offers 80 million doses to the world?
Beijing has taken the lead through its shipments of more than 265 million doses, as its tussle for influence with Washington runs alongside the world’s urgent need for more inoculations.
realme was the fastest-growing smartphone brand in China in Q1 2021, sales increased by 451% YoY
The China Smartphone Market is undergoing changes ever since HUAWEI was banned by the US. At first, the telecom giant’s market share grew due to increased patriotism. However, with no access to …
E.U. Puts Investment Deal with China On Hold as Beijing Refuses to Back Down on Sanctions
Members of the European Parliament voted overwhelmingly in favor of suspending talks on a landmark investment agreement with China, effectively putting ratification of the agreement on indefinite hold …
China-EU investment deal suspension seen as more politically symbolic than economic, but risks to trade exist
Almost all EU countries have separate bilateral investment treaties with China, and experts say suspending the Comprehensive Agreement on Investment poses no threat to those deals.
Bitcoin ends week in freefall as China warns of crypto crackdown
Bitcoin is heading into the weekend in freefall again after a fresh warning from Chinese officials over cracking down on cryptocurrencies. The largest digital currency fell as much as 10% in late …
Crypto collapses as bitcoin faces regulatory pressure from China
Bitcoin crashes again after China calls for a crackdown on mining and trading. With CNBC’s Melissa Lee and the Fast Money traders, Karen Finerman, Steve Grasso, James McDonald and Nadine Terman.
New Reports Of China’s Crypto Crackdown Sparks Fears In Crypto Market As Bitcoin Falls To $37,000
Bitcoin (CRYPTO: BTC) went into freefall once again as fresh information about China’s crackdown on cryptocurrencies emerged. According to Chinese news outlet 8BTCnews, the Financial Stability and …
