As a result, China flipped into a net exporter of primary aluminium. March exports were 42kt compared to 39.4kt of imports. According to preliminary trade data for April, total exports of primary …
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Despite ban, Bitcoin mining continues in China
China seemed to finally be serious about banning cryptocurrencies, leading miners to flee the country for Kazakhstan. Just eight months later, though, things might be changing again. Research from the …
China returns as second-largest Bitcoin mining hub: report
Chinese Bitcoin miners have returned, pushing the country’s hashrate to 21% of global output, according to a new report.
Meet the Asian American Designers Reclaiming the “Made in China” Label
With transparency at the forefront, these brands want to tackle the stigma behind “Made in China” head-on – because they’re prouder than ever to manufacture their beloved pieces in China. Ahead, hear …
China’s video game market is projected to grow despite government restrictions
China’s video game market is predicted to grow through 2026, despite heavy regulations, restrictions, and issues with business licenses.
Kakao’s Klaytn to build blockchain in China with BSN
Klaytn, South Korean internet giant Kakao’s public blockchain, will build an open-permissioned blockchain for China’s state-backed Blockchain-based Service Network’s (BSN) infrastructure for the …
Markets rally eyeing China reopening
China has persisted in its strict zero-Covid policy to stamp out an Omicron-fuelled wave, ordering lockdowns in various cities and shuttering factories and ports – Copyright AFP Paul Faith China has …
Crypto Rout: Another Stablecoin Falls After UST and Luna
Cryptocurrency prices undermined by fears of recession. Tokens, which are supposed to reduce volatility, are collapsing.
Bitcoin mining bounces back in China as country takes second-largest global hashrate share
In October last year, the US surpassed China for the first time to become the global crypto mining leader. The Asian nation had spent months clamping …
US port director on how China’s COVID lockdowns impact cargo shipments
Port of Los Angeles Executive Director Gene Seroka revealed how China’s COVID lockdowns have impacted cargo shipments at his port.
China’s fiscal reform aims to improve business environment
China’s Ministry of Finance, the National Audit Office and the State Tax Administration held a press conference on May 17 to review their work over the past decade. They said reform has helped improve …
European exporters avoiding China due to pricing, access problems
Des Moore, the owner of Irish oyster farmer and exporter Belles Isle, has ceased shipping to China due to the turbulence he’s faced getting his products through Customs. “There has been a general …
Daily Markets: Retail Spending, China’s Zero Covid Announcement Lifts Market Mood
Hong Kong’s Hang Seng led the way up 3.27%, driven by tech as China indicated is has reached its Covid Zero status, which assumedly means life is close to returning to normal, including production and…