The Chinese province of Yunnan is getting set to ban cryptocurrency mining, becoming the latest one to do so, according to Forkast News, citing BTC.top, one of China’s top mining pools. The coming ban …
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China’s Latest Blockbuster Tech IPO Could Give Investors a Bumpy Ride
The initial public offering of Chinese ride-hailing giant Didi Chuxing is shaping up to be one of the world’s largest this year.
China’s Uber, Didi Chuxing Could Command Valuation Over $70B Based On IPO Documents: WSJ
Didi overthrew Uber out of China by triggering a price war in 2016. As a result, Uber merged its China unit with Didi for a stake in Didi. The company plans to list its ADRs…
Former Goldman Sachs vice chair Robert Hormats explains China’s dilemma on crypto
Police in China have arrested more than a thousand people suspected of using the digital currency for money laundering. Robert Hormats, managing director at Tiedemann Advisors and former vice chairman …
Robert Hormats on China’s crypto crackdown, national security concerns over TikTok, WeChat
Robert Hormats, managing director at Tiedemann Advisors and former vice chairman at Goldman Sachs, joined “Squawk Box” on Friday to discuss China’s handling of crypto, the national security concerns …
China’s eCurrency Can Be Stored In Digital Or Physical Wallets
Mu Changchun said that the state-backed digital yuan can be stored in a variety of wallets — digital, physical, personal, or public.
Chinese ride-hailing giant Didi files for US IPO
Didi is among the world’s top five highest-valued unicorns. Its listing could be one of the biggest IPO this year.
Foreign businesses shocked by rollout of China’s anti-sanctions law
China’s quick rollout of a law against foreign sanctions has left European and American companies shocked and facing “irreconcilable” compliance issues, two top business groups said Friday, despite …
EU’s Michel on G-7 Vaccine Exports, China, ‘Disruptive’ Russia
European Council President Charles Michel discusses vaccine sharing by Group of Seven nations, Europe’s vision of what it wants from China, and finding common ground with the U.S. on climate policy.
China’s crypto crackdown continues by arresting 1,100 for money laundering
China is continuing its fight against cryptocurrency, arresting more than 1,100 people suspected of using digital currency to launder money.
Dry chili export to China benefits Rwandan farmers
Dieudonne Twahirwa, the head of Gashora Farms Rwanda posing in his chili garden. Dry chili export protocol with China will benefit Rwandan farmers (Gashora Farms) In September 2019, Dieudonne Twahirwa …
China’s teapots snap up fuel oil after 5-year import hiatus – sources
China’s independent refineries are snapping up fuel oil, resuming imports after a nearly five-year hiatus, as Beijing’s crackdown on crude oil quota trading along with new fuel taxes limit refinery …
Long road to success: From 1978 to 1,000 brands at China International Consumer Products Expo
Over 1,000 global brands gathered at the first China International Consumer Products Expo in Haikou, capital of south China’s Hainan Province in May. With a large host of business, trade, invention …
