Chinese Bitcoin miners contribute 55% of the BTC hashrate despite a mining ban in 2021. China’s mining ban brought the country’s mining industry to a …
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China launches stimulus blitz to lift growth; pound hits two-year high – business live
The pound has hit its highest level in over two years this morning, as investors bet that the Bank of England will cut interest rates slower than the US Federal Reserve. Sterling has extended its…
Bitcoin Little Changed as China Announces Stimulus; Traders Say Harris’ Win Unlikely to be Bearish
People’s Bank of China governor Pan Gongsheng announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since 2020.
Bitcoin Little Changed as China Announces Stimulus; Traders Say Harris’ Win Unlikely to be Bearish
People’s Bank of China governor Pan Gongsheng announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since 2020.
New US rule would require GM, Ford to halt imports of cars they build in China, official says
General Motors and Ford Motor would need to stop importing vehicles to the U.S. from China under a proposed rule cracking down on Chinese software and hardware, a U.S. Commerce Department official …
US moves to ban import of certain connected vehicle parts from China and Russia
The White House today announced plans to ban the import of certain auto parts made in China and Russia. The move follows a U.S. Commerce Department probe into connected vehicle components that began …
Mondelez buys “significant majority” interest in China bakery business Evirth
Mondelez International has struck a cakes and pastries deal in China, a category CEO Dirk Van de Put had previously flagged as a potential M&A opportunity. The Cadbury chocolate and Oreo biscuits …
Lululemon, Arc’teryx lead niche apparel brands defying China’s spending downturn
Consumers with real spending power still have a strong demand for products that are high-end, experiential and relatively niche,’ analyst says A bestselling pair of Lululemon yoga pants costs nearly 1 …
China still controls 55% of Bitcoin hashrate despite crypto ban
China’s surprising dominance over the network comes despite … mainland users have found ways to access the crypto market, leading to money laundering risks. The new amended regulations aim to impose …
BofA downgrades luxury brands amid slowing demand in China
Bank of America is out with bearish calls on luxury brands, downgrading Louis Vuitton’s parent company … Madison Mills report more on the calls as the luxury market slows in China. For more expert …
U.S. Taxpayers Are Financing Genocide Through China’s Gotion | Opinion
G otion Inc., a U.S. subsidiary of China’s Gotion High-tech Co. Ltd., wants to operate electric vehicle battery plants in the Village of Manteno, Illinois and Green Charter Townsh …
U.S. Taxpayers Are Financing Genocide Through China’s Gotion | Opinion
G otion Inc., a U.S. subsidiary of China’s Gotion High-tech Co. Ltd., wants to operate electric vehicle battery plants in the Village of Manteno, Illinois and Green Charter Townsh …
Electronics manufacturers hope for stricter tariffs on China, return of Donald Trump
Some are privately hoping for a return of Donald Trump in the White House for his campaign promise to bring exempted goods like laptops and smartphones on the list of items that now attract 25%…
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