Intel and Nvidia have already been forced to defeature some of their AI GPUs / AI accelerators to comply with the regulations to export to China, and according to AMD, it is following suit. “China…
Tagged By business
China is Binance’s biggest market despite its ban on cryptocurrency trading, report says
The People’s Bank of China banned crypto trading in September 2021 due to their potential to facilitate money laundering and destabilize the country’s financial system. Yet this doesn’t appear to have deterred traders from using…
Listing in China Has Gotten Harder for Small Companies, Unprofitable Tech Firms, Insiders Say
The number of firms that had their ChiNext IPO applications accepted in June plunged 42 percent from a year earlier to 83, Yicai calculated based on SZSE website figures. The Star Market took 43 …
Shanghai aims to become global blockchain leader by 2025
Shanghai, China’s largest city and a vital financial center, has ambitious plans to become a global leader in transitioning to digital-based economies by embracing blockchain technology. According to …
Mixed signals: Binance denies reports of $90 billion in crypto trades in China
Binance has stated that its website is blockchain in China and that its platform is not accessible to any China-based users.
China is Binance’s largest market with US$90 billion despite crypto ban: WSJ
keeping the country as the exchange’s largest market despite China’s ban on crypto, the Wall Street Journal reported. The US$90 billion worth of transactions accounted for 20% of worldwide volume excluding trades by some major…
China Is Binance Exchange’s Dominant Market despite Crypto Ban
Binance has maintained a deep relationship as the dominant crypto exchange in China despite the existence of a major ban.
Binance Had $90 Billion of Monthly Crypto Trades in China, Where Crypto Is Banned, Report Says
U sers for the world’s largest crypto exchange, Binance, engaged in $90 billion worth of trades in China in one 30-day period, despite the fact that the country banned crypto in 2021. The revelation …
U.S. bans imports of 2 Chinese companies over forced Uyghur labor
The United States is banning goods produced by two China-based companies, the Biden administration said as it continues to stamp out the use of forced labor from the U.S. supply chain.
Volkswagen in talks with Leapmotor on tech tie-up for Jetta brand – China media
Volkswagen is in talks with Chinese electric vehicle startup Zhejiang Leapmotor Technology about the possibility of cooperation for Volkswagen’s Jetta brand, a Chinese media outlet reported on …
Yum China Holdings, Inc.: Yum China Earnings: Management Maintains Guidance and Expects Promotional Headwinds
Find the latest Yum China Holdings, Inc. (YUMC) stock forecast based on top analyst’s estimates, plus more investing and trading data from Yahoo Finance …
China Fires Back at US Sanctions, Officially Restricts Exports of Chipmaking Materials Gallium and Germanium
China on Tuesday officially implemented its export regulations on gallium and germanium-related products, a decision that many consider a retaliation for restrictions imposed on the Chinese …
Hugo Boss stays strong amid tough China, U.S. markets
(Reuters) -Hugo Boss has raised its sales and profit outlook after reporting a 20% jump in second-quarter revenues, as a brand revamp and marketing push helped the German fashion house overcome …