Chinese state TV’s crypto news report gets memory holed, Multichain token plunges as arrest rumors swirl, memecoin hype subsides, and more.
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As The U.S. Charts Its Economic Course, It May Take A Cue From China’s Playbook
The G8 Summit addressed how the global economy has shifted. What stands out to me is the parallels between the two most powerful countries in the world.
China’s Crypto Narrative Takes a Turn – State-Owned Channel Airs News wFueling Optimism for Bitcoin
China’s crypto narrative takes a turn as state-owned channel airs news on cryptocurrencies, sparking potential market recovery.
China’s state iron ore buyer gets down to business, yet to flex pricing power
China’s new state iron ore buyer is asserting itself in negotiating deals for the world’s biggest steel industry but has yet to help manufacturers struggling with weak demand to get lower prices, …
China won’t catch up to the US economy because Xi Jinping’s obsession with security will sabotage growth, professor says
“However, the costs of a security-centered development strategy are likely to be much higher for China than for the US,” wrote Minxin Pei.
Key Differences Remain between U.S. and Japanese Advanced Semiconductor Export Controls on China
The United States and Japan are accelerating discussions on export control cooperation. However, Japan has not implemented export controls as strict and extensive as those in the United States. Both …
Sam Altman’s Crypto Project Worldcoin Raises $115M, Led By Blockchain Capital
The announcement comes as a black market for Worldcoin credentials emerges in China. Currently in beta … t.co/yq4qeofe5C — Spencer Bogart 𓇼 (@CremeDeLaCrypto) May 25, 2023 Blockchain Capital …
Why China and Japan are praying the US won’t default
As the clock ticks down toward an unprecedented US debt default, the world’s second- and third-biggest economies are watching in fear.
China to take more measures to encourage auto exports in 2023: Commerce Ministry
China will take more measures to encourage vehicle exports, China’s Ministry of Commerce said on Thursday, highlighting that the measures including strengthening vehicle quality and encouraging auto …
In China trade, Uruguay businesses will ‘for sure’ use more yuan, says consul general in Guangdong
Argentina also said in April that US$1.04 billion worth of Chinese imports would be paid for in yuan that month instead of US dollars, and then US$790 million per month from May. Figures from China…
Chinese state media removes video on crypto after Binance CEO calls it ‘big deal’
The positive crypto developments in Hong Kong have already started to influence the Chinese market, where China’s state-owned Greenland is looking to apply for a Hong Kong virtual asset trading licenc …
China Central Television’s crypto segment garners attention worldwide
CCTV, China’s largest state broadcaster … Especially after an event like this, the move of featuring the allowance of crypto in state media gathered praise from many including Changpeng Zhao, …
China’s EV war: BYD and Great Wall trade barbs over emission claims as rivalry intensifies
Hong Kong-listed GWM, based in Baoding in northern Hebei province, was once China’s largest SUV producer known for its Haval brand. However, the company is facing increasing competition from BYD and …
