TOKYO — National governments, mainly the U.S. and China, hold about 2.5% of the world’s bitcoin supply, mostly seized in connection with criminal activity, though that could shift amid talk of Washington investing more actively…
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Nvidia moves shop to China to focus on AI-driven cars
Nvidia is set to open an office in China and expand a team of researchers in Beijing by about 200 individuals who specialize in self-driving technology.
China’s Xi Jinping says no to attending Trump’s inauguration. As he should
China’s President Xi Jinping has declined President Donald Trump’s puzzling invitation to attend his second inauguration on January 20, as we predicted he …
Donald Trump Pledges To ‘Do Something Great With Crypto’—Here’s What He’s Done So Far
President-elect Donald Trump on Thursday declared his intention to “do something great with crypto,” signaling a significant shift in U.S. policy on digital assets. Trump emphasized the need for the …
Mainland China’s Luxury Market Poised for Growth: Insights from MDRi’s 2025 Consumer Forecast
A Shift Towards Experience, Innovation, Chinese Brands and Sustainability HONG KONG SAR – Media OutReach Newswire – 13 December 2024 – MDRi, a leading provider of …
Chinese social media Xiaohongxu moves closer to IPO as profits surge in 2024, sources say
Social media platform Xiaohongshu, known as China’s Instagram, has the wind at its back in its pursuit of an initial public offering in Hong Kong, as its commercialisation efforts pay off, according …
China signals it’s prepared to double down on support for the economy as Trump tariffs loom
Chinese leaders met this week to plot economic policy for the coming year and sketched out plans to raise government spending and relax Beijing’s monetary policy …
Suspected Chinese spy with business ties to Prince Andrew barred from UK
A suspected Chinese spy with business ties to Prince Andrew has been barred from the U.K. because of concerns he posed a threat to national security
Sexy Tea Is Said to Plan US IPO Instead of Listing in Hong Kong
Hunan Chayue Cultural Industry Development Group Ltd., also known as Sexy Tea, is looking to do an initial public offering in the US instead of Hong Kong, according to people familiar with the matter.
China’s Instagram-like app Xiaohongshu expected to top $1 billion profit ahead of potential IPO
Xiaohongshu, a Chinese social platform often likened to Instagram, is expected to double its profit to more than $1 billion in 2024 ahead of a potential …
China signals readiness to mend ties with U.S. ahead of Trump inauguration
Chinese president tries to avoid a trade war through negotiations with Trump team but concessions on key issues are unlikely, experts say.
Trump Targets China with U.S. Bitcoin Reserve – Will This Propel America to Crypto Supremacy?
Trump advocates for a U.S. Bitcoin reserve and aims to enhance AI infrastructure, positioning America as a tech leader.
A top Chinese economist just said what many people suspected: China’s official GDP numbers may not be accurate
China’s GDP growth rate is likely to be between 3% to 4% for the next three to five years, said Gao Shanwen, a prominent economist.