The Chinese economy was expected to recover quickly in 2023 and resume its role as the undisputed engine of global growth. Instead, it stalled to the point where it’s being called a “drag” on world…
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$6 million crypto mine is owned by an NYU student — mine was bought with crypto to mask source funds from China
Jerry Yu and his company, BitRush Inc., are the target of multiple lawsuits relating to contractor payments. These lawsuits have also revealed the existence of a $6 million dollar cryptocurrency …
Small manufacturers harness e-commerce
Small machinery equipment like laser engraving machines, laser printers and multifunction packaging machines that can meet the personalized demand of overseas Generation Z consumers (those born …
China’s BYD overtakes Tesla as world’s most popular EV maker
China’s BYD Co bills itself as the biggest car brand you’ve never heard of. It might need a different tagline soon.
China: Yuan Forum Sees Launch $10 Billion Web3 Fund Days After Crypto Policy Report
Shenzhen, China’s technological epicenter, witnessed the first digital economy conference and the announcement of a $10 billion Yuan Asset Web 3.0 Fund.
Huawei and Xiaomi launch new EV models in China, reigniting worries about price wars in the world’s largest EV market
New EV models with advanced features are piling the pressure on the laggards in China’s car market, the world’s biggest, where around 200 manufacturers could renew a price war in the coming months in …
Ucore Comments on China’s Ban on the Export of Rare Earth Technology
China announced a ban on the export of technology to produce rare earth permanent magnets on December 21, 2023, and confirmed its existing ban on …
$2.2 Billion Illegal Forex Operation Busted by Chinese Authorities Using Crypto Platforms
Chinese authorities have dismantled an underground bank that moved some $2.2 billion between China and other countries using crypto.
Russia exports almost all its oil to China and India – Novak
Half of Russia’s oil and petroleum exports in 2023 will have gone to China while India’s share has risen in two years to 40%, Russia’s state news agencies cited Deputy Prime Minister Alexander Novak …
‘Get bolder, please’: China’s economic powerhouses go all out to lift exports amid Beijing’s urge for more responsibilities
Chinese exporters are aiming higher with future economic growth targets as Beijing urges them to take on bigger responsibilities.
Russia Says Redirected Most Oil Exports To China, India
Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak said Wednesday, almost two years after Moscow was hit by Western sanctions over the Ukraine …
China, India split almost all Russian oil and petroleum exports in 2023 as Europe took just about 5%
Russia had already started to forge ties with Asia-Pacific countries before the West introduced sanctions against Moscow following the start of the conflict in Ukraine in February 2022 …
Import-reliant China makes rubber extraction innovation amid rising demand from car industry
China imports more than 80 per cent of the natural rubber it needs each year, but is out to strengthen its domestic supply chains amid surging demand from its rapidly-growing automotive industry.