The San Diego company terminated co-founder Xiaodi Hou for sharing confidential information. Hou denies any wrongdoing.
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Hong Kong Embraces Crypto to Rebuild its Reputation As a Fintech Hub
Hong Kong’s regulator is considering a range of crypto-friendly measures, in contrast with China’s blanket ban on cryptocurrency.
Tech war: tweak to US export control rules forces Chinese entities to cooperate, seek contact with American officials, sources say
Bureau of Industry and Security (BIS) officials at the US embassy in Beijing have suddenly become busy after the change to the export control regime in October A BIS delegate is also expected to visit…
Grains Higher with Cotton Limit Up as China May Relax COVID Policies: Consolidation Continues in Cattle
Grains were higher with cotton limit up on news China may relax its COVID policy. Southern Hemisphere news was also supportive including the election protest in Brazil. Cattle continue to consolidate …
China Cites U.S. Ag for Why It’s Chosen Not to Invade Taiwan
China’s own military released a report maybe two months ago that said the single main reason for us not to intervene in Taiwan directly is that the U.S. might see this as an excuse to…
Electric cars: Nio, Xpeng and Li Auto see sales drop as China’s Covid-19 curbs hit production, Tesla cuts prices
The popularity of the American giant’s cars means Nio, Xpeng and Li Auto face an uphill struggle to maintain their market share in the highly competitive market, according to some analysts.
China’s economic recovery consolidated as policy support continues
This optimism, despite lingering economic headwinds, could be seen in the form of roaring machines and busy shipping routes across the country. At Yangluo port of Wuhan, a central China manufacturing …
Alibaba, JD.com among gainers on reports China may ease Covid restrictions
Notable Chinese tech companies such as Alibaba, JD.com and NetEase claimed the high ground Tuesday amid mixed reports that China might be about to ease some …
Where are the unicorns? The IPO market has unraveled this year
Wall Street bulls may have come thundering back in October as bears appear to have gone into hibernation. But there’s another beast, albeit a mythical one, that has been pretty much absent from the …
China pledges further efforts to support self-employed businesses
Efforts will also be made to lower burdens on small firms and self-employed businesses, help them with financing, and stimulate consumer demand, Guo told a news conference on the new regulation. The …
Reopening Rumor Sends China Stocks Flying
Remember that following the Party Congress, it appears to be back to business for China’s government as no major policies were changed in 2022 because government officials spent their time making sure …
‘While Europe seeks to distance itself from China, Germany seems in favor of business as usual’
At a time when the United States is planning to decouple its economy from China, and the European Union (EU) is seeking to distance itself from a regime whose increasingly hardline tendencies are a …
Breaking China’s grip on rare-earths markets a ‘pipe dream,’ Australia says
That’s a country that has seen this need coming and made the most of it,” Resources Minister Madeleine King told Bloomberg News in an interview.
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