head of blockchain research at China’s government-backed research center says According to Wei, despite blockchain’s potential to transform a number of industries, tech disruptors have not … ( read original story …)
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China Weighs Bitcoin Mining Ban Over Environmental Concerns
China has an ongoing love-hate relationship with blockchain technology. On one hand, the government openly touts blockchain tech, going as far as claiming it has bigger potential than the internet … ( read original story…
China Academy of Information and Communications Technology partners with R3
The China Academy of Information and Communications Technology (CAICT) has joined enterprise software firm R3 to collaborate with its global legal and regulatory community to share best practices … ( read original story …)
$60 Million and Rising: China’s Crypto Funds Try Lending to Beat Bear Market
Crypto investment firms in China have turned to lending for a steady revenue stream to get through the bear market, including Bixin Capital, FBG Capital and Dong Zhao’s DGroup. Each of these firms … (…
Will China Ban Crypto Mining?
On April 9, Reuters reported that a Chinese government agency is considering the elimination of crypto mining in the country. Given that China has been hosting the majority of mining pools on its … (…
China’s Crypto Rules Could Tighten As the Government Mulls Cryptocurrency Mining Ban
The top economic body in China has recommended some new rules that would see the government close down all cryptocurrency mining facilities in the country. The top economic body in China has … ( read…
In China, bitcoin mining moguls are scrambling to survive
China has 70 per cent of the world’s crypto-mining capacity, and over 70 per cent of that capacity is nestled in the mountains of Sichuan, where abundant hydroelectric power makes the price per … (…
China Considers Ban On Cryptocurrency Mining Because It’s A Stupid Waste Of Energy
China’s National Development and Reform Commission (NDRC) published a new paper that includes a proposal to ban the mining of cryptocurrencies like Bitcoin over concerns that crypto mining is a waste … ( read original…
Exclusive: U.S. waters down demand China ax subsidies in push for trade deal – sources
WASHINGTON/BEIJING (Reuters) – U.S. negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing, according to two … ( read original story …)
China’s Secret Weapon in the Electric Car Race
Their foreign rivals should beware. As manufacturers rush to meet the requirements of China’s policy to promote electric cars (known in the country as “new-energy vehicles”), locally-owned automakers … ( read original story …)
First crude oil shipment of the year bound for China has left Vancouver
The first B.C. shipment of Alberta crude oil to China in 2019 is on its way. The tanker Erik Spirit left Burnaby’s Westridge Terminal (the end point of the Trans Mountain pipeline) on April 4…
Mnuchin says hopes U.S.-China trade talks nearing ‘final round’
U.S. Treasury Secretary Steven Mnuchin said on Saturday a U.S.-China trade agreement would go “way beyond” previous efforts to open China’s markets to U.S. companies and hoped that the two sides were … ( read…
China’s JD.com boss criticizes ‘slackers’ as company makes cuts
he added The term he used, which is commonly translated in China as “slackers” can be … where too many people and too many business leaders or department leaders have been laid off. ( read…