Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space. In 2017, the PBoC launched the Digital Currency Research …
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China has a privacy problem. New data laws could help curb the worst abuses – but not all of them
When PIPL goes into effect, sometime later this year or next, it may help curb some of China’s most widespread privacy abuses – but don’t hold out hope it will address the significant imbalance where…
China’s Didi prepares for IPO in US, sources say
BEIJING — Didi Chuxing, China’s top ride-hailing company, is preparing an IPO in the U.S., Nikkei has learned. The IPO is expected to value the company at around $70 billion to $100 billion.
China opposes addition of 7 companies to US export-control list: MOC
China is opposed to the United States including seven Chinese supercomputing entities in its “entity list” for export controls, a Ministry of Commerce spokesperson said Friday. Employing excuses such …
Top 10 IPOs by China’s billion-dollar tech start-ups to watch for in 2021, including Megvii, Douyin, Didi Chuxing and ByteDance
it would simply stop the IPO of any “sick” company trying to force its way through to IPO in Shanghai or Shenzhen. China’s booming consumer market is good fodder for unicorns that specialise in …
China’s refined copper, aluminium imports to fall in 2021
BEIJING: China’s refined copper imports are expected to fall by around 27% in 2021 from last year’s bumper levels while primary aluminium inflows will more than halve, state-backed research house …
Bitcoin mining in China could soon generate as much carbon emissions as some European countries, study finds
In China alone, bitcoin is projected to generate more than 130 … a co-author of the study and professor at Chinese Academy of Sciences, told CNN Business. Bitcoin mining hardware has evolved as the …
Several Cloud Storage Crypto Assets Are Set To Go Parabolic, Says Trader Elliot Wainman
Cryptocurrency trader Elliot Wainman believes the native tokens of decentralized storage network protocols are set to go parabolic.
Exec of Chinese Blockchain Firm Allegedly Misappropriated $45M in State-Owned Bitcoin: Report
A 27-year-old executive has reportedly been detained by Chinese authorities for allegedly misappropriating bitcoin owned by the state.
China’s Propaganda Against Foreign Media Increases
“No brands were able to rule out a link further down their supply chain,” the report said. As part of an apparent campaign to defend China’s Xinjiang policies, state media and social media posts tried…
Xinjiang cotton: Western brands blurred on China TV
Chinese TV stations have been blurring out Western brand logos in their programmes, in a show of support for China’s Xinjiang cotton campaign. The move has delayed some broadcasts, as post-production …
China tops COVID-19 vaccine exports
China sold and donated some 80 million doses to 60 countries. Its lead was facilitated by export controls by the European Union and India. Chinese vaccines have not yet been licenced by the World Heal…
China’s Didi Raises $1.5 Billion in Debt Ahead of IPO
Didi is stepping up efforts to grow its presence in strategically important sectors like autonomous driving as it prepares to go public in what could be one of the largest tech IPOs globally this year…
