Bitmain, Canaan, and MicroBT — the three biggest Chinese bitcoin mining rig manufacturers — are now building their machines in the United States.
Tagged By beijing
China to set up segment on STAR Market to host pre-profit growth companies
China’s securities regulator announced plans on Wednesday to set up a new segment on Shanghai’s tech-heavy STAR market to host pre-profit growth companies.
CNBC’s The China Connection newsletter: Chinese exporters increasingly need to build brands to survive
The game for survival has changed in China’s fast-growing industry of smaller businesses selling overseas via the internet.
Most of the potential bidders for TikTok don’t fit both Washington and Beijing’s requirements
Ben Harburg, managing partner at Novo Capital, says the U.S. should make sure it doesn’t sacrifice too much in any deal to keep TikTok alive as China doesn’t value the company as much as Trump…
China’s Central Bank Wants a Multi-Currency World — Led by the Digital Yuan
China’s central bank chief has called for a shift from dollar dominance toward a multi-currency system led in part by the digital yuan.
China will issue remaining consumer goods subsidies at stable rate, state media says
China will issue the rest of its consumer goods trade-in funds in an orderly manner and the central government is now guiding local governments to use the funds at a stable pace, state media …
Trump’s $499 ‘U.S.-built’ smartphone will most likely be made in China
The Trump Organization’s newly announced smartphone will most likely be made in China, experts say, despite claims that the device will be manufactured in the U.S.Owned President Donald Trump, the …
China to open new centre to boost yuan’s global reach
China’s central bank governor on Wednesday said the country will set up an “international operations centre” for the digital yuan as part of efforts …
China’s electric car revolution is eating itself
In the world’s biggest market for electric cars, a sales miracle is turning into a “Darwinian battle” for survival. The number of electric vehicles (EVs) sold in China rocketed to 6.4m last year, …
China to loosen IPO restrictions by reinstating listings of unprofitable start-ups: CSRC
China plans to resume listings of unprofitable start-ups on its technology boards in an effort to support the nation’s drive toward technological self-sufficiency and roll back curbs on the initial …
Analysis-China’s big feed shift to curb soybean imports, strain small farmers
China’s move to curb the use of soymeal in animal feed to reduce its dependence on imports is feasible but will be costly and technically challenging for the smaller farmers who account for one-third …
China will boost the yuan’s global reach with new operations centre, PBOC says
The announcement at the Lujiazui Forum comes as China accelerates efforts to expand the global use of its currency amid growing US tensions.
China’s big feed shift to curb soybean imports, strain small farmers
China’s move to curb the use of soymeal in animal feed to reduce its dependence on imports is feasible but will be costly and technically challenging for the smaller farmers who account for one-third …