China said Monday it had ordered domestic banks and Ant Group Co. payment platform Alipay not to provide services linked to trading of virtual currencies, tightening the reins on the cryptocurrency …
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China cuts 2nd batch of crude oil import quotas for private refiners – document, sources
China has issued 35.24 million tonnes of crude oil import quotas to non-state refiners in a second batch of allowances for 2021, a 35% drop from the same slot last year, according to a government…
Why is cryptocurrency crashing? Why Bitcoin, Ethereum and Dogecoin are down amid China crackdown
Bitcoin had reached around $41,000 (£29,500) on Tuesday, but started steadily falling throughout the week, before tumbling in the early hours of Monday …
China’s Annual 618 Shopping Event Shows Consumers Are Back
China just concluded its mid-year e-commerce shopping festival known as 618 (June 18). It’s the second-largest e-commerce shopping day in China—second only to Single’s Day (November 11)—and possibly …
China Trucking Startup Said to Raise $1.6 Billion in U.S. IPO
Full Truck Alliance Co., an Uber-like trucking startup, has raised about $1.6 billion after pricing shares in its U.S. initial public offering at the top of a marketed range, according to people with …
China’s Xi congratulates Raisi on election as Iranian president
Chinese President Xi Jinping sent his congratulations on Monday to Ebrahim Raisi on his election as Iran’s president, saying their two countries were “comprehensive strategic partners”, state media …
China’s most famous liquor fetches nearly $1.4 million at auction
A rare case of China’s fiery national liquor has sold for more than $1 million, more than five times what experts had estimated it would fetch. Sotheby’s announced on Friday that it had sold a…
View from Away: President Biden’s tougher stance on China will make the US more competitive
In this great race of superpowers, the U.S. must take China head-on. Former President Donald Trump began ramping up pressure on the Chinese, and now President Joe Biden is working toward a sweeping …
Bitcoin drops as China intensifies crypto mining crackdown
China’s crackdown on cryptocurrency mining has extended to the southwestern province of Sichuan, according to reports. Bitcoin sank Monday on reports that China has intensified its crackdown on …
HUTCHMED Announces NMPA Approval of Surufatinib (Sulanda(R) in China) for Advanced Pancreatic Neuroendocrine Tumors
Limited (” HUTCHMED “) (Nasdaq/AIM: HCM) today announces that surufatinib has been granted approval for drug registration by the National Medical Products Administration of China (“NMPA”) for the …
China broadens crackdown on crypto mining industry
China has broadened a crackdown on its massive cryptocurrency mining industry with a ban on mines in a key southwestern province.
Cryptocurrency prices today: Bitcoin, Ether fall sharply as China crackdown intensifies
Bitcoin, the world’s most popular cryptocurrency, fell sharply over the weekend and its bad run continued on Monday. Rival Ether is also struggling to stay above $2,000. Check the latest …
Realme internal “Moon Landing Plan” leaks online; becomes leading brand in online sales
A well-known Chinese leaker has shared details about Realme’s internal plan named “Moon Landing Plan” and talks about the company’s achievements. The brand has also become the leading in online sales …
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