An official of China’s central bank does not recognize that Bitcoin and other cryptocurrencies have actual value.
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China’s SenseTime prepares for Hong Kong IPO despite tech regulations and US blacklist
China’s artificial intelligence start up SenseTime Group has identified the mainland’s tightening technology regulatory regime as a key risk for investors in its proposed Hong Kong initial public …
Data security law: China orders state firms to migrate to government cloud services
Notice comes just days before a national legislation comes into effect, with penalties of up to 10 million yuan for violations.
China to Cleanse Online Content That ‘Bad-Mouths’ Its Economy
China kicked off a two-month campaign to crack down on commercial platforms and social media accounts that post finance-related information that’s deemed harmful to its economy. The initiative will …
Geekvape invests several billion yuan to build an intelligent manufacturing industrial park in China’s Greater Bay Area
Chinese e-cigarette brand Geekvape announced a new investment valued at several billion yuan in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) with the support of the Shenzhen Municipal …
China’s Biggest AI Firm SenseTime Group Files for Hong Kong IPO
SenseTime Group Inc. filed plans for an initial public offering that would list China’s largest artificial intelligence company on the Hong Kong exchange. China International Capital Corp., Haitong …
China targets U.S. IPOs, algorithms, cloud in latest tech takedown
China has launched a multi-pronged attack on its tech companies, threatening to curb their ability to list in the United States, seeking to tighten up regulation of their use of algorithms and …
Chinese Cos.’ US IPOs Plunge Amid Regulatory Crackdowns
U.S.-listed initial public offerings by Chinese companies have ground to a halt amid regulatory crackdowns in both countries, with no sign as to when listings might resume, while existing listed …
China approves one new IPO application
China top securities regulator has approved the initial public offering IPO application of one company Hunan Hualian Porcelain I …
Alan Guebert: China remains our biggest export market, troublemaker
One, large and white against a green backdrop of tasseled corn, touts Donald Trump; the other, smaller and more wordy, declares that if Biden wins, all Americans soon will be “working for China.” In …
USDA Forecasts Record Farm Exports for FY 2021 & 2022
The U.S. Department of Agriculture’s quarterly trade forecast released Thursday shows that U.S. agricultural exports not only continue at a record-setting …
U.S. begins detaining solar panel imports over concerns about forced labor in China
U.S. Customs and Border Protection has started detaining imported solar panels made with Chinese materials over concerns about forced-labor practices in China.
Bitcoin Has No Value: People Bank’s Of China Official Announces Further Crackdown
Bitcoin (CRYPTO: BTC) and other cryptocurrencies “are not legal tenders and have no actual value support,” according to Deputy Director of the Financial Consumer Rights Protection Bureau of the People …