The Chinese ride-hailing platform Didi Chuxing says it will delist from the New York Stock Exchange and instead move to the Hong Kong Stock Exchange after coming under intense Chinese regulatory …
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Elizabeth Warren and Chinese Regulators Sink Crypto Miner Canaan, Down 25%
Crypto miners as a whole are seeing a tremendous amount of selling pressure today. Right now, one of the biggest losers in this sector is Canaan (NASDAQ:CAN), down nearly 25% as of 12:30 p.m. ET. At …
Toyota’s new China-only EV sedan to hit market in 2022
Toyota Motor Corp will launch an all-electric small sedan in China late next year, having turned to local partner BYD for key technology to finally make an affordable yet roomy runaround, four sources …
Pro-China group advised by key Biden picks compared DOJ’s China Initiative to ‘McCarthyism’
The pro-China business group that counts two key Biden administration picks as strategic advisers likened the Justice Department’s crackdown on Chinese economic espionage to “McCarthyism” in a …
Lithuania says China blocking its exports over Taiwan
China has already downgraded ties with Lithuania over the opening of a representative office for Taiwan.. Read more at straitstimes.com.
A top Chinese tech company delists from the NYSE just months after its IPO
Didi’s share value has plunged by more than half since its IPO. China’s regulators are pressing tech firms over data security Didi’s woes are closely tied to an ongoing regulatory campaign across …
Blockchain Technology Market Outlook to 2028: Global Growth at a CAGR of 82.4% Expected During Forecast Period
The “Global Blockchain Technology Market Size, Share & Trends Analysis Report by Type, by Component, by Application, by Enterprise Size, by End-use, by Region, and Segment Forecasts, 2021-2028” report …
Didi Leaving New York Months After IPO Is Next Step in U.S.-China Decoupling
The Chinese ride-hailing giant is aiming for a Hong Kong listing as soon as the first quarter of 2022. The company ran into trouble with Beijing almost immediately after its $4.4 billion initial …
Beijing: New rules will ease US-China business travel
Beijing will cut the time needed to approve travel for US executives to a week and a half and will be more ‘attentive’ to complaints from business leaders over the current travel regime. Business Trav …
David Fan Appointed to Lead Marelli China Business
Marelli, a leading global automotive supplier, has today announced the appointment of David Fan as EVP and President China, effective from 1 January 2022. The appointment will be key to strengthen …
China ‘blocking Lithuanian exports’
Chinese authorities are blocking Lithuanian imports amid a row over a Taiwanese de facto embassy, a trade body from the Baltic country says.
Charlie Munger says he admires China for banning crypto
Charlie Munger, vice chairman of Berkshire Hathaway, said China made the right decision in banning cryptocurrencies. Munger is well known for his contempt for cryptocurrency, once saying he wished it …
Chinese cybersecurity company develops crypto mining monitor for government agencies
The cryptocurrency mining space, much like the rest of the cryptocurrency market, has faced a lot of upheaval in the year. The biggest change for the space was the announcement of a complete ban on…
