China’s internet users faced an inusual disruption on August 20 when access to most global websites was cut off for nearly an hour. Here is everything we know about it.
Tagged By blockchain
China’s imports of US rare earth ore surge in July
The sharp jump in China’s imports of rare earth ore from the United States in July was probably the final customs accounting of shipments from U.S. supplier MP Materials .
China’s wary consumers saved tons of cash. Now, they’re pouring it into stocks.
Chinese equities are surging. The Shanghai Composite Index — dominated by retail investors — is up about 13% this year.
Starbucks expects non-binding bids for China business within two weeks, sources say
Starbucks has asked a short-listed group of potential bidders to submit non-binding bids for a stake in its China business within the next two weeks, two people with knowledge of the matter said.
Baidu-backed chip designer Kunlunxin wins millions of yuan worth of China Mobile orders
China’s Baidu-backed semiconductor design firm Kunlunxin said it had won chip orders worth millions of yuan for AI projects of telecoms firm China Mobile, as authorities push for domestic alternatives …
Baidu chip-design unit Kunlunxin wins over $139 million orders from China Mobile suppliers
Chinese semiconductor design firm Kunlunxin, which is backed by Baidu , said it had won chip orders worth over a billion yuan ($139 million) for telecoms firm China Mobile’s AI projects, as …
China stablecoin push is better late than never
Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use cases will probably be scant at first, and the roll-out tightly managed.
Baidu-backed chip designer Kunlunxin wins millions of China Mobile orders
Semiconductor design firm Kunlunxin has won chip orders worth millions of yuan from telecoms firm China Mobile AI projects.
Stablecoins in Japan and China, India mulls crypto tax changes: Asia Express
India imposes one of the world’s harshest crypto tax regimes: a flat 30% levy on capital gains and a 1% tax deducted at source (TDS) on all transactions. Authorities have long taken a hostile stance…
China reportedly discouraged purchase of NVIDIA AI chips due to ‘insulting’ Lutnick statements
Chinese regulators reportedly dissuaded local companies from purchasing NVIDIA’s H20 chips, because they found certain statements by US commerce secretary Howard Lutnick “insulting.”
China’s J-35A: The Stealth Fighter No Air Force Wants to Buy
Despite being heavily promoted as an affordable and highly capable stealth fighter, China’s Shenyang J-35A has failed to secure any foreign buyers, not even from longtime allies like Pakistan. -The aircraft is advertised as a…
US Policy Group Says China Is Scared of USD Stablecoins
CFR warns USD stablecoins threaten China’s sovereignty, prompting Beijing to develop state-controlled digital alternatives.
China Now Downplaying Blockchain Could Be Social … – Cointelegraph
But in China, many projects are still money-making schemes. These projects are sprouting all over China, trying to ride on the blockchain wave. But nothing substantial comes out of these projects.” …
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