In association with Luno Bitcoin has continued to establish itself above $20k this week, with the price hitting highs of more than $24k over the weekend.
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China blocks some Taiwan imports but avoids chip disruptions
China blocked imports of citrus, fish and other foods from Taiwan in retaliation for a visit by a top American lawmaker, Nancy Pelosi, but has avoided disrupting one of the world’s most important …
Pelosi’s Taiwan trip is another knock to China’s yuan
China’s yuan has fared better than many other major currencies this year. It’s shed 6.5% against the US dollar, holding its ground as the greenback has gone on a breakneck rally. The euro, the British…
Unity reportedly looking to separate China unit from main business
Unity is reportedly looking to create a separate Chinese unit independent from the rest of the business in order to …
Salesforce shutters Hong Kong office, leans on Alibaba in China
Salesforce is repositioning itself in China as it looks to expand the reach of its customer relationship management software in the country. The company is “accelerating” its strategic partnership …
Caterpillar earnings disappoint again: Supply chain challenges, China and strong dollar blamed as sales came up short
Shares of Caterpillar Inc. sank Tuesday, after the construction and mining equipment maker reported another disappointing earnings report, with …
It’s time to start worrying about China again
China is one of the US’ largest customers. As its economy struggles and tensions over Taiwan rise, the United States is bracing for impact.
China blocks some Taiwan imports in response to Pelosi visit — but not computer chips
China blocks imports of citrus and fish from Taiwan in response to Nancy Pelosi’s visit but avoids disrupting important technology purchases.
How the U.S. lost the Next Big Thing to China — again
Taxpayers spent $15 million on research to build a breakthrough battery. Then the U.S. government gave it to China.
Ban on sand exports, fruit and fish imports: How China is punishing Taiwan for hosting Nancy Pelosi
Mainland China had warned of ‘grave consequences’ if US House Speaker Nancy Pelosi visited Taiwan. Now Beijing has unleashed a slew of economic restrictions and is likely to impose even more in the co …
China’s social media users were threatening war over Nancy Pelosi’s visit to Taiwan. Now they’re talking about sand.
With the chances of an all-out war diminishing, Chinese social media users have rallied en masse behind a sand export ban against Taiwan.
China halts sand export to Taiwan, bans some fruit and fish imports
China, which claims Taiwan as its territory and opposes any engagement by Taiwanese officials with foreign governments, announced a series of military exercises around the self-ruled island on Tuesday …
China suspends import of citrus fruits and two types of fish from Taiwan and bans sand exports to the island
Chinese authorities announced Wednesday the suspension of citrus imports and two types of fish from Taiwan, as well as the cancellation of sand exports, amid rising tensions over the visit …