HONG KONG (Reuters) – Chinese chip maker Changxin Memory Technologies Inc (CXMT) has appointed investment banks CICC and China Securities as sponsors for its planned domestic initial public offering …
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China Steps Up Response To US Chip Moves But Economic Reality Limits How Far
Beijing’s restrictions on American chipmaker Micron in retaliation to sweeping US chip curbs marks a major step up in its response to Washington’s pressure and could open the door for further measures …
US State Department’s top China policy official to step down
The U.S. State Department’s top China policy official Rick Waters is set to step down at a time of fraught relations between Washington and Beijing. Waters, deputy assistant secretary of State for …
Can China’s recent crypto optimism trigger a bull run in Bitcoin price?
Binance CEO CZ believes China broadcasting crypto could act as a bullish trigger. Bitcoin price is currently trading below the $26,500 mark, noting a two-month low. Back until 2021, in addition to the United States,
China’s 2023 iron ore imports seen unchanged as demand falters – industry sources
China is likely to import a similar amount of iron ore this year as it did in 2022, with demand in the world’s biggest steel producer failing to show signs of recovery, according to participants…
How are Chinese firms responding as buyers ‘don’t want anything made in China’?
But relying solely on China operations is no longer considered the safest bet for manufacturers, as the country’s “world’s factory” status is not as strong as it was in the past. Compounding concerns …
Timeline: how Micron went from China business partner to the target of a national cybersecurity probe
This timeline highlights Micron Technology’s key developments since its entry into the China market over two decades ago, leading up to it being branded a national cybersecurity threat.
Suspected China-based fentanyl suppliers raking in tens of millions in crypto, analysis shows
CHINA IS COMING FOR OUR KIDS WITH THESE DANGEROUS PRODUCTS … The report said the findings suggest crypto-based transactions associated with fentanyl production match regional patterns previously …
Marcum Asia To Expand In Hong Kong As U.S.-China Tech War Shifts IPOs
Marcum Asia CPAs LLP, a joint venture between Marcum LLP and Bernstein & Pinchuk, plans to hire up to 25 people before the end of 2023, Co-Chairman Drew Bernstein said in an interview on Tuesday.
Binance CEO says “it’s a big deal” after China broadcast crypto on state TV
Binance CEO Changpeng “CZ” Zhao has highlighted a broadcast of crypto on Chinese state TV, saying this was a “big deal” and the community was buzzing.
China Central Television airs crypto segment in rare move
The segment was one of a few instances where cryptocurrencies have appeared on CCTV since China’s Bitcoin ban.
Crypto could be tool in fight against drug trafficking
The bottom line: Proper blockchain analysis can enable law enforcement to monitor fentanyl sales, identify criminals, and provide crucial evidence to prosecutors, Chainalysis wrote. Ultimately, crypto …
Why China is the new fragrance battleground for brands
Legions of international perfume brands have been clamouring to enter the country, while local fragrance brands have been attracting investment from the biggest multinationals. Puig and L’Oréal have …
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