New research shows that China’s Bitcoin ban has sent the process of creating new coins, known as mining, to countries where it uses far less renewable energy.
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China built full-size models of US warships and aircraft to hone its missiles
Southern China faces torrential rain, flood risk after Typhoon Noul hits land
Torrential rain, flooding risks in southern China after Noul makes landfall
Southern China drenched as Typhoon Noul makes landfall
Rescuers scour South China Sea for 23 missing after Vietnamese vessel sinks
Typhoon Noul makes landfall in southern China, with over 700,000 evacuated and flights canceled
Typhoon Noul makes landfall in southern China, forcing mass evacuations
Recent Posts
China Banished Cryptocurrencies. Now, ‘Mining’ Is Even Dirtier.
All Eyes on China: Key Takeaways From the 2022 Luxury Symposium
As a media partner of this year’s sixth annual Luxury Symposium, Jing Daily highlights key takeaways from this virtual conference.
China’s robotics industry catches up, eyes on higher development
China has been the world’s largest consumer of industrial robots for eight consecutive years. Photo shows a general assembly line of Estun Automation, a …
China throws Putin another sanction-busting lifeline: Xi Jinping lifts wheat import restrictions – gifting Russia another economy boost as West tries to stop his Ukrainian war
President Xi Jinping has backed keeping China fully open to wheat imports from Russia in spite of sweeping sanctions imposed by the West in a bid to stop Putin’s war in Ukraine.
As China Turns its Back On Crypto, How is the Rest of Asia Faring?
The price of leading currencies such as bitcoin and Ethereum is in a state of unpredictable flux, while investors are continuing to pile in at near-record …
China Steps Up Crypto Clampdown With Threat of Jail Sentences
China expanded its criminal law to encompass fundraising with digital tokens, giving authorities additional firepower to stamp out a sector they declared illegal last year by using heavy sentences.
China construction to build COVID-19 facilities in virus-hit Hong Kong
Hong Kong has contracted mainland firm China State Construction International Holdings to build eight isolation and treatment facilities to help the global financial hub fight a worsening COVID-19 …
China’s Shein shelves U.S. IPO plan again due to uncertain markets: Reuters, citing sources
The IPO plan has been shelved for the second time because of markets volatility over the past month, exacerbated by the invasion of Ukraine, said the sources.
Arm China CEO asserts semiconductor joint venture’s right to pursue an IPO independent from its SoftBank-owned British parent
told the South China Morning Post that the firm’s Chinese shareholders, who control 51 per cent of the Shanghai-based joint venture, have the discretion to pursue an independent IPO. “We are …
‘Abrupt Changes’: China Caught in a Bind Over Russia’s Invasion of Ukraine
China has presented itself as a defender of sovereign independence. But its reluctance to denounce Russia’s aggression forces it into an awkward position.
Two more China Evergrande property assets taken over by state-owned firms
The world’s most indebted property developer on Jan. 26 transferred its control over a theme park called Evergrande Fairyland in the Nansha district o..
China’s financial sector must ‘develop with Chinese characteristics’ after corruption probe
China’s Central Commission for Discipline Inspection (CCDI) has concluded a two-month inspection of 25 institutions The anti-corruption watchdog found various problems within the financial sector, …
50% of China’s Luxury Shoppers are New to the Market — And Here’s How to Reach Them
The explosive growth of China’s luxury fashion sector is being driven by a major influx of new shoppers: 50% of customers entered the market just in the past 12 months, and this group is expected…
