Every time Beijing announces a crackdown on their industry, the running joke among the crypterati is that China has already banned cryptocurrency 18 times. Chinese government agencies have issued a …
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DRC Bank shares tumble after $1.2bn Hong Kong IPO
Dongguan Rural Commercial Bank fell as much as 17.8% in its market debut in Hong Kong on Wednesday amid waning investor interest in Chinese lenders exposed to the nation’s embattled property …
Blacklisted China AI Firm Says Just One Unit Subject to Sanction
SenseTime Group Inc., China’s largest artificial intelligence company, said in its filing for an initial public offering in Hong Kong that just one of its subsidiaries is subject to U.S. sanctions, a …
China Money Network Unveils Corporate Brand Upgrade As FutureLogic
FutureLogic will fold numerous business units under its umbrella including China Money Network, Caishen.co, China Money Podcast and more HONG KONG, Sept. 29, 2021 /PRNewswire/ — China Money Network …
Argentina to restart beef exports to China after caps lifted
Argentina on Tuesday said it would once again allow cattle farmers to freely export beef to China, lifting a cap imposed earlier this year that had stoked tensions with the agricultural sector. BUENOS …
China power crisis hammers SMEs as firms upend production, workers ‘dozing off’
Small and medium-sized enterprises in China were already under pressure from high raw material costs and coronavirus lockdowns, and are now reeling from the nationwide power crisis.
China’s industrial profits sustain stable growth in first eight months
Profits of China’s major industrial firms maintained steady growth momentum in the first eight months of the year as industrial production continued to firm up and business operations kept improving, …
EXCLUSIVE U.S. has reached out to China about cutting oil imports from Iran, officials say
The United States has reached out to China diplomatically about reducing its purchases of Iranian crude oil, U.S. and European officials said on Tuesday, as Washington seeks to persuade Tehran to …
China power crisis to kick off global race for coal imports
Asia’s largest economy could also look farther afield to coal exporters like South Africa, Colombia, the US and Canada.
China under pressure to boost coal imports
Beijing has to ensure supplies to keep lights on, factories open and water flowing as a severe power crunch roils the northeastern industrial heartland …
Unlock raises $4M for blockchain subscriptions for creators, devs, and online communities
Unlock has raised $4 million for blockchain subscriptions for creators, devs, and online communities by using NFTs that expire.
CleanSpark CEO on Impact of China’s Crypto Ban on Mining, Global Markets
Following China’s move to make crypto mining explicitly illegal within its borders, Alibaba will stop selling mining equipment on its platforms, and Bitmain will halt all machine sales to mainland …
Tesla (TSLA) Turns On the Charm in China
Tesla is going all-out to court Chinese regulators and customers after protests at its showrooms and safety concerns regarding its cars.