On top of India’s large, ready market, its latest targeted campaign comes after years of investor-friendly moves in easing land acquisition, introducing a bankruptcy code, and simplifying and cutting … ( read original story …)
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China’s Huawei Hits Out at U.S. ‘Stranglehold’ as Chip Maker TSMC Reportedly Cuts Ties
“The U.S. is leveraging technological strengths to crush companies outside its own borders. This will only serve to undermine the trust international companies place in US technology,” Huawei said. ( read original story …)
RPT-U.S. mulls paying companies, tax breaks to pull supply chains from China
U.S. lawmakers and officials are crafting proposals to push American companies to move operations or key suppliers out of China that include tax breaks, new rules, and carefully structured subsidies. ( read original story …)
China’s New Hope sees hog production recovery by 2021
New Hope Group, one of China’s biggest pig breeders, expects the country’s hog production to recover to normal levels by 2021, chairman Liu Yonghao told reporters on Monday. ( read original story …)
Crypto Long & Short: Mining Derivatives Point to Growing Sophistication
Yes, proportionally, China has more than double the conviction of the U.S. in blockchain’s potential … Finally, the report reveals a strong push for more centralized control over crypto markets. ( read original story …)
The U.S. Just Destroyed A Potential Dollar Rival—Is Bitcoin Next?
This week, the U.S. financial regulator shut down messaging app Telegram’s decentralized crypto project—igniting fears the U.S. could again try to destroy bitcoin if it becomes a threat to the … ( read original story…
Retailers Panic As Trump Re-Ignites His China Crisis During Rose Garden Presser
While President Trump is steering his political Titanic towards China’s iceberg, the business community is explaining that the tactical idea of decoupling from China will only work against our own … ( read original story…
China Warns US of ‘All Necessary Measures’ Over Huawei Rules
China’s commerce ministry says it will take “all necessary measures” in response to new U.S. restrictions on Chinese tech giant Huawei’s ability to use American technology, calling the measures an … ( read original story…
China, South Korea consult Japan on easing business-travel curbs: Yomiuri
China and South Korea have consulted Japan about easing border controls on business travellers to help revive business activities, the Yomiuri newspaper reported on Sunday without citing sources. ( read original story …)
PlusToken Scammer Implicated in China’s Second Ten-Figure Crypto Ponzi
Local police have busted Wotoken, China’s second ten-figure crypto Ponzi. The scam, Wotoken, took in roughly $1 billion worth of crypto at current prices from over 715,000 victims. One of the scam’s … ( read…
What is China’s cryptocurrency alternative sovereign digital currency and why is it not like bitcoin?
China’s sovereign digital currency could be launched later this year, with the likes of Alibaba’s Alipay and Tencent’s WeChat Pay already popular payment methods. ( read original story …)
China admits to destroying early coronavirus samples – but says it was NOT part of a cover-up
Liu Dengfeng, a supervisor with China’s National Health Commission, admitted that the ‘the Chinese government issued an order on January 3 to dispose of coronavirus samples’. ( read original story …)
How crypto mining tried, but failed, to gain a Swiss toehold
This crypto mine in Gondo could not keep up with competitors with cheaper electricity.(Keystone/ Valentin Flauraud) There was a time when any Tom, Dick or Harry could create (or ‘mine’) bitcoin with a … ( read…