The most controversial of these proposals is the so-called carbon border adjustment, which would be the world’s first, requiring importers of certain goods to pay a tax to access the bloc. The exact …
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China chip imports surges in June as firms stock up amid global shortage
Semiconductor imports in China have maintained its growth momentum in June 2021. The region noted high imports to meet the massive demand of integrated circuits (IC) of the country for the production …
As China and Ukraine vow infrastructure cooperation, Kyiv offers to be Beijing’s ‘bridge to Europe’
Volodymyr Zelensky has restated Ukraine’s position supporting the unity of China and Xi Jinping said China supported the territorial integrity of Ukraine.
How China and India are helping shape the future of CBDCs and Bitcoin
China could be ready to launch the digital yuan in early 2022, and India is building a CBDC framework while also warming up to Bitcoin.
Lalamove considers shifting planned US$1 billion IPO to Hong Kong amid heightened scrutiny by Beijing
Hong Kong logistics start-up Lalamove is considering moving its planned US$1 billion initial public offering to Hong Kong as a crackdown on technology firms and a series of new rules on overseas …
China’s crackdown on Didi may signal tougher curbs on tech
The Peterson Institute’s Martin Chorzempa believes the state wants greater control of information, but he doesn’t expect delisting from foreign exchanges.
China Crypto Mining Crackdown Continues to Eastern Province
Anhui, a province in eastern China, has become the latest in the country to crack down on cryptocurrency mining.
Chinese brands to use UTG in foldable smartphone arriving in H2 2021
Major smartphone brands in China will apparently shift to UTG (Ultra Thin Glass) for their upcoming foldable handsets. These OEMs will opt for these panels as voer windows on flexible phones launching …
Tech: What Didi’s IPO flop means for Grab and GoTo
IT had been billed “the IPO of the year” and the largest China listing in the US since e-commerce giant Alibaba Group Holding Ltd’s debut in 2014. Yet, when Beijing-based Didi Global Inc, the Uber…
China Deals Another Blow to Its Crypto Miners
China dealt another blow to its beleaguered cryptocurrency industry, with Anhui province becoming the latest to pledge to crack down on the practice of using power-hungry machines to mint Bitcoin and …
China’s crackdown on crypto continues as more mining projects shut down
The crypto industry in China was further hit today as Anhui province said it would close all crypto mining operations due to energy concerns.
US to become Bitcoin mining hub while China strengthens ‘War on Crypto’
Standard Power is set to mine Bitcoin in a nuclear power plant in Ohio. The carbon-free mining operation will be set up in an abandoned paper mill, likely to ward off environmental concerns of …
China shuts down crypto mining in Anhui province
Related: Chinese hydropower plants on sale as crypto miners move abroad The Anhui province of China is known for once being one of China’s poorest provinces, having only been removed from the …
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