(Bloomberg) — New York Governor Kathy Hochul has signed one of the most restrictive laws in the US on regulating cryptocurrency mining, becoming the first state to impose such a ban.
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China widens COVID curbs, iPhone factory unrest adds to economy worries
Chinese cities imposed more curbs on Wednesday to rein in rising coronavirus cases, adding to investor worries about the economy, as fresh unrest at the world’s largest iPhone plant highlighted the …
China’s Fosun seeks to sell stake in Alibaba’s logistics arm Cainiao- sources
Debt-laden Chinese conglomerate Fosun International is seeking to offload a minority stake in Alibaba Group’s logistics arm Cainiao, in a deal that could fetch up to $1 billion, two people with direct …
China’s Baidu says it expects ‘limited’ impact from U.S. chip curbs
“We think the impact is quite limited in the near future,” said Dou Shen, executive vice president and head of Baidu AI Cloud group.
Blockchain tech innovation forum held in Chengdu
CHENGDU, China, Nov. 23, 2022 /PRNewswire/ — A forum focusing on the innovation and development of blockchain technology was held in Chengdu, the capital of Southwest China’s Sichuan province, on Nov …
China widens COVID curbs, Apple factory unrest adds to economy worries
Chinese authorities imposed more restrictions on Wednesday to rein in a rapid rise in COVID-19 infections, adding to investors’ worries about the economy just as fresh unrest at the world’s largest …
Dutch Resist U.S. Call to Ban More Chip Equipment Sales to China
The European country dominates one-of-a-kind, cutting-edge chipmaking equipment that has become a focus of the U.S. government’s attempts to limit China.
Workers Clash With Police At China’s Largest iPhone Factory: Report
In the videos, hundreds of workers can be seen marching on a road in daylight, with some being confronted by riot police and people in hazmat suits.
Financial opening-up seen boosting trade, business, investment, high-quality development
China will continue to expand high-level opening-up and further accelerate the opening up of its financial sector, said officials and executives at the Annual Conference of Financial Street Forum 2022 …
Oil rises as U.S. inventories shrink; China COVID fears limit gains
Oil prices rose further on Wednesday after data indicated that U.S. crude inventories shrank substantially in the past week, although the introduction of new anti-COVID curbs in major Chinese cities …
White paper details rise of China domestic consumption, textile industry
China is the world’s largest footwear and clothing consumption market in 2021, accounting for 25% of the overall market, according to an industry report, pointing to an upgrade in the quality of the …
China Warns It Will Tightly Regulate Covid-Linked IPOs
Zero-Covid hasn’t meant zero-cash for every Chinese company. Chinese securities regulators have warned they will be keeping a watchful eye on …
Bloomberg: China continues to increase imports of Russian energy resources
China continued to increase its imports of Russian energy resources last month, with purchases of natural gas, coal, crude oil and oil products rising to nearly $60 billion from about $35 billion a …
