Amidst another major crypto clampdown in China, the 4-year old Chinese crypto exchange BitZ shutters its operations.
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Chinese Crypto Exchange BitZ Announces Closure as Crackdown Continues
A US nuclear submarine’s mysterious collision with an object in the South China Sea suggests it was lurking near the bottom, expert says
Navy officials have speculated that the submarine may have run into something like a shipping container or shipwreck.
McDonald’s China Celebrates 31st Anniversary With Big Mac NFT
The non-fungible token (NFT) from McDonald’s will be the first from the company. 188 examples will be gifted to employees and consumers.
China-US shipping rates begin to cool as power crisis forces production cuts, but freight costs still elevated
Sky-high shipping and container prices have been causing major headaches for Chinese exporters, but costs have been easing over the past two weeks.
China orders coal mines to ramp up production in a bid to ease power crisis
China has ordered its two top coal regions to boost output and will allow coal-fired power utilities to charge customers higher prices. The country has …
Gazprom says China gas exports continue despite fire at Amur plant
Gazprom said on Friday that Russian pipeline gas exports to China continued despite a fire that led to a halt in operations at the Amur gas processing plant in Russia’s Far East.
Lessons from Beijing’s toothless crypto ban
For crypto-skeptic advisers, the fact that the Beijing ban proved to be a tempest in a teapot should be a wake-up call. Crypto is here to stay.
Facebook’s troubles stir debate over internet control and whether Beijing may have a point in keeping social media giant out
Facebook whistle-blower revelations have encouraged some to speak out in support of China’s ‘cyberspace sovereignty’ concept and Big Tech crackdown.
Coal imports from Australia not an ideal option for China due to rising costs: observers
Australian coal is not an ideal option for China to import, market watchers and business insiders said on Friday, at a time when China is ramping up coal imports from countries such as Russia and…
China crypto crackdown is far from over — it wants to add Bitcoin mining to the list of ‘eliminated’ industries and over 20 companies have already moved out
China’s top economic planning agency has added Bitcoin mining to the draft list of industries to be eliminated from the country’s economy. After the country’s detailed guidelines to get rid of all …
China’s energy crisis shows just how hard it will be to reach net zero
Xi Jinping has been talking tough on decarbonising China, but blinked after an energy crisis threatened to derail the world economy.
China IP Authorities Rule in Favor of Lycra’s Denim Patent
The company initiated several infringement suits related to its dual core and multi-core patents for denim against third parties in China.
Beijing expected to take countermeasures after reports US troops are training Taiwanese military
Analysts say the PLA could step up combat preparations while others say Washington is willing to ‘play the Taiwan card’.
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