After Friday’s crackdown, several firms said they are looking to move their business overseas, especially North America.
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Crypto miners halt China business after crackdown, bitcoin tumbles
Bitcoin took a beating after China’s crypto-mining ban and is now down nearly 50% from it’s all-time high. The latest shakeout in digital currencies also stems from tighter scrutiny in the United …
Chinese farming billionaire seeks Hong Kong IPO for global deals
What distinguishes New Hope Service’s IPO is that Liu, a household name in China, is set to own his first listed unit outside of the mainland, and that company has stated it will use 70%…
China’s April manganese ore imports drop 14.3% on month
China’s imports of manganese ore reversed down in April after the short-lived recovery over the prior month, according to the latest detailed data released by China’s General Administration of Customs …
Crypto miners halt China business after Beijing cracks down, bitcoin dives
Cryptocurrency mining operators, including a Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on bitcoin mining and trading, sending the …
Cryptocurrency exchange Huobi to suspend services for new users in China – Reuters
Cryptocurrency exchange Huobi said on Monday that it will suspend services for new users in Mainland China. The platform will be more focused on expanding overseas business, it said in a statement …
IN FIGURES: China’s ores, alloys exports in April 2021
A summary of China’s ores and alloys exports for April 2021. We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In…
IN FIGURES: China’s ores, alloys imports in April 2021
China’s chrome ore imports recorded an evident month-on-month increase in April after ferro-chrome smelters, especially those in the south of the country, increased their raw material procurement to …
China’s electronic information manufacturing sector posts stable growth
China’s electronic information manufacturing sector maintained its stable expansion in the first four months of 2021, according to the Ministry of Industry and Information Technology (MIIT). The added …
China greenlights five innovation IPOs
BEIJING: China’s securities regulator has approved the initial public offerings (IPOs) of five companies on the science and technology innovation board.
Engg exports to China in FY21 up over 2X at $4.8bn
Chennai: In the fiscal 2020-21 when bilateral relations between India and China hit their nadir over border tensions, engineering exports to the bellicose neighbour rose sharply by 128% to $4.8 …
China’s Position Regarding Crypto: What Does It Mean for the Market?
What Does China Actually Intend? Chinese authorities have deemed cryptocurrencies such as Bitcoin inaccessible due to several determinants. Their severity comes as a result of price volatility and the …
Did China Just Sound The Death Knell For Venezuela’s Oil Industry?
China has been one of a few customers keeping Venezuela’s oil industry afloat, but a new tax law passed by Beijing could well be disastrous for the Latin American oil giant …