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 … (…
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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…
New sci-tech board pushing China to improve IPO review
Under the current IPO system however, new shares are subject to approval from the China Securities Regulatory Commission. [Photo/IC] BEIJING – Seeing a catfish effect from the launch of new science … ( read original…
As China and U.S. inch toward a trade deal, Canada gets a warning of potential harm
But for Canada, which has already felt Chinese economic punishment in the midst of a dispute over the arrest of a Huawei executive, a U.S.-China trade deal also carries risk that Beijing will increase ……
China’s March exports rebound to five-month high but imports fall more than expected
China’s exports rebounded in March but imports shrank for a fourth straight month and at a sharper pace, painting a mixed picture of the economy as trade talks with the United States reach their ……
Foreign insurers gear up to tap China’s $1.6-trillion pensions business: sources
Foreign insurers including Generali and Prudential Plc are in early talks with authorities to enter China’s private pensions sector, people with knowledge of the matter said, as Beijing opens up to … ( read original…
Exclusive: Foreign insurers gear up to tap China’s $1.6 trillion pensions business – sources
HONG KONG (Reuters) – Foreign insurers including Generali and Prudential Plc are in early talks with authorities to enter China’s private pensions sector, people with knowledge of the matter … ( read original story …)
China’s 2019 growth seen slowing to 6.2 percent despite policy support: Reuters poll
BEIJING (Reuters) – China’s economic growth is expected to slow to a near 30-year low of 6.2 percent this year, a Reuters poll showed on Friday, as sluggish demand at home and abroad weigh on…
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