Australia’s wine industry association says just A$12 million (US$9.3 million) worth of wine cleared Chinese customs from December to March, versus A$325 million from the same period a year prior.
Tagged By business
China Snubs U.S. With Huge Iraqi Gas Deal
The Mansuriya gas deal that Iraq signed with Sinopec last week comes shortly after multi-faceted 25-year deal between China and Iraq’s chief sponsor state, Iran …
What China’s Blockchain Services Network Means for the World
While China invests heavily in blockchain technology, President Biden failed to mention the topic in his recent State of the Union.
Beijing to Track Crypto Mining Impact on Energy Consumption: Report
the notice said. In March, Inner Mongolia, an autonomous region in China, declared it would force crypto mining businesses to close by April.
Crypto Flipsider News – April 29th – Germany, SEC, Chia, Ethereum, European Investment Bank
After the celebrity parade happened yesterday, we returned to the usual seriousness of the crypto world. The flipsider stayed very happy. Moreover, today we got breaking news from Germany. It’s the …
Teji Mandi Explains: As China shifts its steel export policy, how will it affect the domestic industry?
In a major policy shift, China has withdrawn export rebates on major finished steel products and cut import duty on various semi-finished, crude, and scrap steel. As per the latest announcement, China …
How China Is Closing In on Its Own Digital Currency: QuickTake
While there’s no launch date yet, the People’s Bank of China is likely to be the first major central bank to issue a digital version of its currency, the yuan, seeking to keep up with…
Chia crypto mining spurs 500% jump in Adata SSD sales, warranty warning from Galax
The Chia blockchain uses a ‘proof of space and time’ model instead of ‘proof of work’ (Bitcoin) or ‘proof of stake’ (Etherium 2.0). People can mine …
US Will Not Race China to Develop CBDC Says Fed Chairman Powell
The U.S. is biding its time to see whether a CBDC was something that would be a “good thing for the people,” Powell said Wednesday.
China’s capital probes cryptocurrency mining -sources
The Chinese capital city of Beijing is conducting a check on data centres involved in cryptocurrency mining to better understand their impact on energy consumption, according to sources and a document …
China Brand Day events to kick off in May
China Brand Day events will be held from May 10 to 12 as the country seeks to boost domestic brands and spur consumption. The events will be held both online and offline on the premise…
Australia wine exports to China fall 96% as tariffs turn producers away
Australian winemakers shipped just A$12 million ($9 million) of wines to China in the December quarter, from A$325 million a year earlier, industry figures showed, confirming that hefty new tariffs …
South China Sea: UK to send huge naval force near tensest waters to ‘signal power’
THE UK is set to send the largest ever naval flotilla assembled by Britain in recent years to the Indo-Pacific.
