However, with the Chinese government taking a tough stance on cryptocurrency from 2021, Li sought his fortunes elsewhere as crypto-mining was one of GreaterHeat’s core services. “For Chinese people, …
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China Is Remaking Itself Into a Tech Behemoth
But amid all his struggles, President Xi Jinping has been pursuing a long-term plan to turbocharge China’s new engines of economic … among other things, the clean technology that will eventually power a post-fossil fuel…
Brazil Halts All Chicken Exports to China as Virus Takes Toll
Brazil has halted all chicken exports to China after a virulent poultry disease was found on a commercial farm, expanding a previous ban and dealing a blow to meat packers including BRF SA.
China sets 2029 deadline to create science and tech ‘quality workforce’ to power nation
Central Committee gathering says ‘education, science and technology, and talent’ underpin Chinese modernisation.
Goldman Sachs Turns Bearish On Chipmakers, Advises Hedge Through Put Options: China Remains ‘A Major Risk For The Sector’
Goldman Sachs advises investors to hedge their exposure to chipmakers by purchasing put options. Geopolitical risks and earnings pose a downside risk.
US’ reported plan to tighten export controls on chips targeting China to disrupt global supply chain: MOFCOM
The US’ reported move to tighten export controls on semiconductors targeting China by taking stricter measures to pressure companies in countries such as Japan and the Netherlands severely deviates …
China Market Update: Third Plenum Promises To Fix “Insufficient Demand”, Week In Review
Asian equities ended the week with a thud, as only Mainland China, the Philippines, and Malaysia managed gains.
China’s pledge of economic reform met with cautious welcome as businesses await details
Party officials gave reporters a glimpse of possible reforms, such as efforts to build a “national strategic talent force”. Read more at straitstimes.com.
China’s third plenum vows support for private sector, ‘stable’ climate for foreign firms
Observers and business owners welcome initiatives but some raise concerns about implementation at the local level.
China Unicom eyes next-generation internet
China Unicom will step up push to build the next-generation internet, namely intelligent computing network, so as to better drive the development of artificial intelligence, its chairman said on …
CHINA MOBILE (00941.HK) Mobile Biz Net Gains 1.816M New Customers in June
CHINA MOBILE (00941.HK) announced its June customer data. The total number of mobile business customers exceeded 1 billion, with a net increase of 1.816 million customers and a cumulative increase of …
Billionaire Mark Cuban Issues ‘Crazy’ Bitcoin Price Prediction Amid Wild Ethereum, XRP And Crypto Swings
Cuban, who’s an outspoken Democrat, supporter U.S. president Joe Biden and famously said in 2018 he’d rather have bananas than bitcoin, became a bitcoin and crypto convert through the Covid pandemic …
Former Samsung engineer sent to prison for leaking OLED tech to China
A former Samsung engineer was sentenced to six years in prison for leaking $24.5 million worth of OLED technology to China.
