China’s government has fought a running battle against cryptocurrency for years, cracking down on mining businesses and declaring all crypto transactions illegal last year. It has …
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Timeline: how Didi went from poster child for China tech to cautionary tale of the risks incurred by defying Beijing
China’s cyberspace regulator on Thursday imposed a fine of 8.026 billion yuan (US$1.2 billion) on Didi Global, the country’s ride-hailing giant, for violations of data laws, putting an end to a …
DiDi Global’s US$1.2B Fine in China Ends Damaging Tech Crusade
A financially disastrous and embarrassing attack on the tech sector looks to be ending in China, with DiDi Global penalized for data-protection violations.
The Download: dodging China’s porn ban, and a crypto fraud first
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Chinese gamers are using a Steam wallpaper app to get porn …
Tesla sells 75% of its Bitcoin holdings to meet production costs in China
Tesla is one of the largest electric car manufacturers globally. The company has been one of the largest corporate holders exposed to coins.
U.S. Seizes Crypto Funds from North Korean Ransomware Attack
U.S. authorities seized approximately half a million dollars worth of cryptocurrency from North Korean hackers that targeted healthcare providers, according to a Department of Justice announcement on …
China’s uptick in commercial activity points to trade momentum in H2 China’s uptick in commercial activity points to trade momentum in H2
Commercial activity in China continued to see an upturn during the first six months of the year, despite COVID-19 shutdowns in some areas. China’s total trade between January and June rose 10.3 …
Pakistan’s exports to China up nearly 10.97% year-on-year in H1 2022
In the first half of this year, the total volume of trade between China and Pakistan increased nearly 15 percent amounting to $ 14.39 billion as compared with the same period in 2021 which was…
China Giants Struggle to Lure Buyers After Epic Rout
A 40% slump in shares over the past year, the winding down of a hallmark investigation and vows of support for the sector should offer a solid buy signal for China’s tech giants. But investors…
China’s Xi Wishes Biden Speedy Recovery From Covid Infection
(Bloomberg) — China’s Xi Jinping wished US President … Shows Its Staying Power Ex-Coinbase Manager Arrested in US Crypto Insider-Trading Case The Chinese president sent the goodwill message …
Hunter Biden, China and BHR—What We Do Know, What We Don’t
An alleged leak of Hunter Biden’s personal files has reignited accusations and claims against him. Newsweek Fact Check explores some of them.
Despite Didi’s $1.2 bln fine, China tech’s regulatory woes may not be over
China’s $1.2 billion fine on Didi Global draws a line under the ride hailing company’s regulatory woes, but the retroactive application of laws and a lack of clarity on the firm’s business revival …
China’s Gansu sees rising export of traditional Chinese medicinal herbs
A total of 491.6 tonnes of traditional Chinese medicinal herbs were exported from northwest China’s Gansu Province in the first half of this year, a year-on-year increase of 45.9 percent, according to …
