Microsoft Corp’s LinkedIn said on Thursday it would pull the plug on its existing professional networking website in China and instead launch a jobs-only version later this year.
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China continues to welcome foreign investment, Li says
China will further shorten the negative list for foreign investment and keep lowering the threshold for market access for the services sector, Premier Li Keqiang said on Thursday. While addressing the …
AntPool to Cease IP Access to Mainland China
Bitcoin mining pool AntPool announced that it would be ceasing IP access to mainland China on October 15. AntPool said it was doing so in order to comply with the Chinese government’s regulations on …
Russia is mulling energy tariffs for crypto mining amid a wave of migration following China’s ban, report says
We can’t let miners capitalize on the situation at the expense of low residential electricity tariffs,’ Russia’s energy minister said.
Bitcoin’s Hash rates Spikes Even After China’s Bans Crypto
The Bitcoin hash rate has experienced a substantial hike recently. The spike was significant, having hit 177.5 EH/s on the 2nd of October 2020. The figure is so substantial that it is as close to…
China’s New Regulation on Market Entity Registration: What Do You Need to Know
In this article, we discuss the new regulation regarding the administration of registration of market entities in China and the provision of suspending business operations without losing license for a …
Strong Exports for China in September Buffers Economy
D espite power shortages, supply chain issues, and COVID-19 surges domestically, China’s exports gained in September in an unexpected and welcome acceleration as the global economy created strong …
China’s record factory gate inflation stokes policy dilemma
China’s September factory gate inflation rose to a record on soaring commodity prices, but weak demand capped consumer inflation, forcing policymakers to walk a tight rope between supporting the …
GLP-Backed China Logistics Firm Zongteng Group Weighing IPO
Zongteng Group, a Chinese logistics service provider backed by GLP Pte, is weighing an initial public offering as early as next year, people with knowledge of the matter said. The …
East Asia Crypto Transactions Plunged Amid China Crackdown
East Asia’s share of global cryptocurrency transaction volumes halved amid China’s crackdown on the industry, according to a study from Chainalysis.
The US overtakes China for the first time to become the global crypto mining leader
Despite the Chinese government’s obvious dislike of crypto, the country has long been responsible for the majority of the global bitcoin hash rate—partly because of its …
DeFi Pushes N. America to World’s Second-Biggest Crypto Market
China started losing its position in global crypto markets before this year’s crackdown, Chainalysis data shows.
Honda to sell only EVs in China from 2030; launch 10 models under new EV brand
N Series – will roll out 10 models in the country in association with partners GAC and Dongfeng Motor over the next five years..Globally, Honda aims to phase out combustion engine cars by 2040.
