A study published today in the journal Joule says the shift was an unintended consequence of China’s decision in August 2021 to ban Bitcoin mining. “There was a lot of optimism that China banning …
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Global metaverse hype hits China
Tech companies are rolling out wildly popular digital worlds, virtual idols and real estate built on blockchain technology. . Read more at straitstimes.com.
Digital properties cash in on metaverse wave in China
BEIJING – Investors are snapping up digital property in China which typically are non-fungible tokens (NFTs) in games. . Read more at straitstimes.com.
Can Beauty Brands Capitalize on Euphoria’s Popularity in China?
With Chinese beauty fans obsessing over makeup looks from the Western TV series Euphoria, can beauty brands find ways to leverage the runaway hit?
Traditional sugar-making proves to be lucrative business in China’s Hainan
“It just shows that with proper sales channels, traditional craftsmanship will prove its value,” said Wu, an inheritor of Hainan traditional sugar-making, a craft that has received provincial-level …
Before Ukraine Invasion, Russia and China Cemented Economic Ties
Facing a wary United States and worried about depending on imports by sea, China is buying more energy and food from its northern neighbor.
What the Beijing Olympics hinted about the future of international business
The smartest insight and analysis, from all perspectives, rounded up from around the web: The Beijing Olympics were the perfect example of the “minefield” the U.S.-China relationship has become for …
Bitcoin mining was actually worse for the environment since China banned it, a new study says
Bitcoin mining actually got much dirtier and emits around the same amount of CO2 annually as a country the size of Greece, a new study shows.
realme was the fastest growing brand in Europe for all of 2021, report shows
Europe last year with an astonishing annual growth rate of 548%, the latest report released by Strategy Analytics has shown. The Chinese brand ranked top throughout 2021 in terms of growth despite …
China is Russia’s best hope to blunt sanctions, but wary | Charlotte Observer
China is the only friend that might help Russia blunt the impact of economic sanctions over its invasion of Ukraine, but President Xi Jinping’s government is giving no sign it might be willing to risk…
US, China continue as Pakistan’s top export destinations in Jan
The United States remained Pakistan’s largest export market, with $539 million worth of goods exported to the country in January 2022. According to the data released by the State Bank of Pakistan (SBP …
China’s self-interest is to stay connected in the global economy, says Peterson Institute’s Nicholas Lardy
Nicholas Lardy, senior fellow at the Peterson Institute for International Economics, joins ‘The Exchange’ to discuss China’s response to Russia’s invasion of Ukraine.
Bitcoin Mining Is Even More Polluting Since China’s Crackdown, Study Finds
The share of renewable electricity used to power the Bitcoin network dropped from more than 40% in 2020 to about 25% in August 2021, according to estimates from a study published …
