China injected $52 billion and Bitcoin dropped 1.7%. Three more injection days open Monday, each capped at $88 billion.
Tagged By blockchain
Microsoft Walks Away From China
Microsoft has quietly shuttered branches, pulled hardware production, and cut hundreds of jobs across China, yet its spokesperson insists the company has no plans to exit. The reason it keeps one foot …
China Mobile’s Profit Slumps 6.3% in First Half as Core Telecom Business Weighs on Growth
(Yicai) Aug. 14 — China Mobile Communications Group, China’s largest telecom operator, reported a 6.3 percent drop in net profit in the first half from a year earlier, as pressure on its core …
China’s booming auto exports test shipping industry
Plus: Tyson plans to close another beef plant; tariff-refund process proves smoother than expected.
SMIC eyes expansion amid AI boom, Zhu Rongji dies, Shein nears IPO
This week: SMIC plans to boost chipmaking capacity on AI demand, former premier Zhu Rongji dies and retail investors flood Unitree IPO. Next week: Shein may open Hong Kong IPO, China retail sales may …
China-Linked Jewelbug Uses XG-Web for Government Espionage and Crypto Fraud
China-linked Jewelbug uses XG-Web for espionage and crypto fraud, stealing over 580,000 browser cookies and thousands of credentials …
Unitree IPO: China’s humanoid robot starset for potentially explosive Shanghai debut
Unitree is set for a highly anticipatedShanghai debut, with private-market prices indicating potentially steep gainsover its 150.8-yuan IPO price. The humanoid robot maker attracted record …
Iran war a boon for China’s e-trucks, fuelling export surge
By Sam Li and Lewis Jackson BEIJING, Aug 14 (Reuters) – China’s exports of electric trucks to other Asian countries have spiked, adding to a surge in domestic sales as higher fuel costs as a…
China’s hottest AI chip stock is now one of the world’s most valuable chipmakers — rivaling Intel
CXMT was worth $540.5 billion, just behind Intel at $552.6 billion and ahead of Chinese tech giant Tencent at $505.8 billion.
China’s export of electric trucks across Asia spikes as Iran war fuels higher oil costs
China’s rapid adoption of e-trucks – from lighter vehicles to tractor-trailers – has partially shielded the world’s biggest auto market from the impact of the conflict.
BRI countries become largest destination for China’s car exports
China’s automobile exports to BRI countries reached $83.67 billion in value in the first half of 2026, up 30.8 percent year-on-year and accounting for 57.5 percent of China’s total automobile export …
Global market: China, Hong Kong stocks fall as liquidity tightens ahead of Unitree IPO
Chinese and Hong Kong stocks declined Friday as tightening liquidity, cautious positioning ahead of corporate earnings and property-sector weakness weighed on sentiment. The CSI300 fell 0.1%, Shanghai …
There aren’t enough ships to handle China’s booming car exports
As demand slumps at home, Chinese cars are flooding other markets—and testing the shipping industry.
