Crypto miners and software developers hoping to avoid new Internal Revenue Service reporting rules are getting help from a group of key senatorsMost Read from BloombergThis Is How China Could Hit Back …
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PELOSI’S VISIT: Council pushes export diversification
The government will continue to diversify its export markets to prevent China from undermining its agricultural and fisheries industries, Council of Agriculture Minister Chen Chi-chung (陳吉仲) said …
Seeking Truth Through Facts 2022: Craig Allen on U.S.-China Business Relations
Asia Society Northern California hosted a Members off-the-record Executive Roundtable discussion with Craig Allen, Rory Murphy and Andy Rothman.
Call for government to intervene on ‘unjustifiable’ China ban of SA wool exports
Agri SA and the National Wool Growers’ Association of SA (NWGA) call for government action needed to stop what they called the unwarranted, job-killing China export ban on South African wool. China is …
From live fire military drills to export bans – How is China retaliating after US House Speaker Nancy Pelosi’s visit?
Taiwan claims the self-ruled island as its territory and opposes any engagement of Taiwanese officials with foreign governments. Following Pelosi’s visit China’s response has been loud and has come on …
Yum! Brands results hit by Russia withdrawal, China lockdowns
Yum! Brands (YUM) posted a mixed earnings result on Wednesday as issues in its international business tempered optimism on strong domestic sales at Taco Bell.
As U.S. eyes new China chip curbs, turmoil looms for global market
Export restrictions being considered by Washington to halt China’s advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global chip …
Could Crypto Mining Taxes in The US Help Save The Planet, Or Is There an Easier Way?
Crypto mining requires a lot of energy. Should crypto miners in the US face heavier regulation of their energy use, pay a tax on their electricity use, or receive tax incentives for using renewable …
Bitcoin rose in July amid crypto crash
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.
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 …
