In a move that could significantly influence the global cryptocurrency market, China unveiled a $340 billion stimulus plan in May 2025, announced by Chairman Zheng Shanjie of the […]
Shanghai Court Sentences Fraudsters in AI-Driven Digital Collectibles Case
A Chinese court has delivered a significant ruling against two individuals, Wang and Liu, convicted of fraudulent activities involving AI-generated digital collectibles. Their actions involved promoting guaranteed returns […]
Altseason: Will China’s Stimulus Spark a Rally in 2025?
China’s potential economic stimulus could significantly impact the future of Altcoins in 2025. While Ethereum currently holds the lead, increased institutional interest in altcoin projects like Chainlink suggests […]
China’s Duyun City Pilots New Protocol for Handling Crypto Assets
Duyun City, Guizhou, China is pioneering a unique approach to crypto asset management by implementing a new protocol that involves freezing seized virtual currencies and storing them in […]
China Tightens Crypto Control with New Storage Protocols Amid Trading Ban
Facing challenges in managing seized crypto assets following a 2021 ban, China’s Duyun City is implementing new protocols for handling them. This includes using cold wallets and joint […]
Chinese Court Sentences Wang for AI-Generated Digital Collectibles Fraud
A Chinese court has sentenced Wang to eight years in prison and a fine of 550,000 yuan for fraudulent fundraising using AI-generated digital collectibles on a blockchain. This […]
Trump Considers Tariffs on China for Russian Oil Purchases: Impact on Trade and Markets
The Trump administration is considering imposing tariffs on Chinese oil purchases from Russia, potentially altering global trade dynamics and impacting energy markets. This action follows a 25% tariff […]
China’s Economy Faces Mounting Pressure as Consumers Pull Back
China is grappling with a deepening economic downturn fueled by a significant decline in consumer spending. The nation continues to be affected by the ongoing real estate crisis, […]
Trump Extends China Tariff Suspension Until 2025
President Trump has extended the suspension of tariffs on Chinese imports, citing the country’s ongoing economic difficulties in trade talks with the US. This decision will keep a […]
Trump Delays China Tariff Action, Punishing India for Russian Oil Imports
U.S. President Donald Trump has chosen not to target Chinese oil imports from Russia, despite imposing tariffs on India just days ago over continued purchases of Russian crude. […]
Trump Holds Back Sanctions on China’s Russian Oil Purchases
President Trump has decided against imposing sanctions on China for purchasing Russian oil, despite the U.S.’ recent imposition of tariffs on India for similar actions. This decision may […]
China’s Economy Slows Down as Retail Sales and Investment Decline
China’s economic growth has weakened considerably in July. Industrial output expanded at a slower pace than in June, rising just 5.7% year-on-year, while retail sales saw the slowest […]
Applied Materials Plunges 14% Amid Weak China Demand and Earnings Slump
Applied Materials’ stock price plummeted over 14% in pre-market trading on August 15, 2025, due to weak demand from China and disappointing earnings guidance. The decline highlights the […]
China Intensifies Cryptocurrency Sanctions Campaign, Targeting Lithuania’s Banks
China has taken a new step in its crypto sanctions campaign, targeting two Lithuanian banks – UAB Urbo Bankas and AB Mano Bankas – with the move announced […]
DeepSeek Delays R2 AI Model Launch Due to Huawei Chip Issues
Chinese AI company DeepSeek has postponed the launch of its latest AI model, R2, due to persistent technical challenges with Huawei’s Ascend chips. After local authorities encouraged the […]