When China banned all cryptocurrency transactions in late September, it continued to move full steam ahead on its digital yuan and Blockchain-Based Service Network, known as BSN. Is this another …
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Chinese brands accelerate market share gains amid chip crisis
Chinese automotive brands boosted their collective share of the domestic light-vehicle market to 43.3 percent in the first three quarters of the year, up 6.7 percentage points from the same period in …
Honda Will Launch a New EV Sub-Brand, but Not Here
Honda is creating a new EV sub-brand, with plans to offer 10 electric models in the next five years. But it won’t offer these in America, at least not at first.
5 Reasons Why Deliveries From China Are Going To Get Even Worse
Even as President Biden tries to remedy the supply chain mess some big developments coming out of China are going to make the situation worse before it gets any better …
China’s foreign trade still global growth driver: China Daily editorial
Statistics from the General Administration of Customs on Wednesday showed that China’s foreign trade in goods in the first three quarters totaled 28.33 trillion yuan ($4.4 trillion), up 22.7 percent …
Column: China’s energy woes showing up in divergent commodity imports
China’s imports of major commodities in September showed an increasing divergence between energy and metals, with coal and natural gas soaring while copper and iron ore struggle. The imports data are …
China Raises Coal and Gas Imports to Counter Energy Crisis
China’s energy crunch pulled in more coal and gas imports in September, as buyers scrambled to ensure adequate supplies to counter a deepening power shortage ahead of peak winter demand. Most Read …
China Buy Now Pay Later Business Market Report 2021: China has Emerged as the Fastest Growing BNPL Market in Asia-Pacific – Forecast to 2028
The “China Buy Now Pay Later Business and Investment Opportunities (2019-2028) – 75+ KPIs on Buy Now Pay Later Trends by End-Use …
LinkedIn to replace networking platform with jobs-only version in China
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.
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…
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