Considering the cryptocurrency trade’s rampant speculation, fraud, and energy consumption, China has good reason to end crypto mining. Unlike the internet where the Communist party was able to … ( read original story …)
Tagged By beijing
China continues buying and stockpiling crude oil
China appears to have kept the flow of crude into strategic and commercial storage facilities at high levels in the first quarter, even as the price of oil climbed. While China doesn’t release … (…
U.S.-China Tensions May Linger After Trade War, Singapore Says
Tensions between the U.S. and China may linger even as both countries show signs … come in areas addressing the trade deficit and the protection of intellectual property, said Heng, who has spent … (…
Amazon, facing entrenched rivals, says to shut China online store
Amazon bought Chinese online shopping website Joyo.com in 2004 for $75 million, rebranding the business in 2011 as Amazon China. But in a sign of Tmall’s dominance, Amazon opened an online store on … (…
China EV maker Byton says business as usual despite management upheaval
SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Byton, which is facing a management shake-up and questions about funding an expansion, said it has received over 50,000 orders globally for its … ( read original…
China selfie app firm Meitu forays into skincare to counter drop in users
as China’s smartphone market has run out of steam, shrinking nearly 16 percent in 2018. The firm announced a deal in November to outsource manufacturing of the smartphone business to Xiaomi Corp and … (…
Intellectual property cooperation assists Belt and Road construction
Intellectual property (IP) has been among China’s priorities when it implements the Belt and Road Initiative (BRI), given its importance in the cooperation among en-route countries. Asia’s largest … ( read original story …)
China’s economy unexpectedly steadies, growing 6.4 per cent in first quarter
China’s economy grew at a steady 6.4 per cent pace in the … “At home, the huge amount of social financing might ease as the central bank is wary of reigniting property market bubbles, while…
China’s King of Debt Has a $35 Billion Fortune, Lots of Doubters
(Bloomberg) — Donald Trump once called himself the “king of debt.’’ Hui Ka Yan, China’s richest property mogul, has a much stronger claim to the throne. No one has gotten wealthier on the … (…
As China’s economy slows further, Beijing opens the bank vaults
China’s already sluggish economy slowed even more in the … from a sudden burst of confidence in the strength of the country’s economy among Chinese business leaders. Instead, the positive glimmers … ( read original…
Air China to Fly Shanghai-London Route as Beijing Eases Restrictions
BEIJING — Air China on Wednesday received approval to launch a long-haul route from Shanghai to London, and permit the carrier to compete with China Eastern Airlines, as Beijing eased a decade-old … ( read…
As Beijing flexes its muscles, one Hong Kong politician is trying to spread Canadian values
HONG KONG — Alvin Yeung doesn’t mince words about a new Hong Kong law promoting China’s national anthem. It not only requires the city’s school children to learn and sing the song, but … (…
China builds Mars base in Gobi desert to simulate future life in space
A Mars base simulator sits in the middle of nowhere in China’s Gobi desert, but instead of housing astronauts training to live on the Red Planet, the facility is full of teenagers. Surrounded by ……
