In a bid to undermine President Trump’s recent trade agreements with US allies, China is actively engaging in diplomatic efforts to challenge the United States’ global economic dominance. […]
UK Sets New Crypto Rules Amidst China’s Tariff Reversal
Crypto markets are experiencing significant shifts with the UK enacting new regulations and China easing import tariffs. These developments have global implications for both financial systems and industrial […]
Beijing Invests Heavily in Blockchain, Aims for Industry-Level Innovation
Beijing’s city administration has unveiled ambitious plans to incorporate blockchain technology into the city’s infrastructure over the next five years. The plan was jointly developed by multiple government […]
Beijing Unveils Blockchain Action Plan for 2025–2027
China’s capital city, Beijing, has launched a ambitious action plan to advance blockchain technology by 2027. The plan outlines efforts to create over 20 applications across key sectors […]
China’s Wang Yi Condemns US Tariffs at BRICS Meeting
During the BRICS summit, Chinese Foreign Minister Wang Yi sharply criticized the U.S. tariff strategy, arguing that these policies are being wielded as a tool for extortion in […]
Chinese Crypto Trader Sentenced for Facilitating Illegal Transfers
Xiao Yang, operating from Sunwu County, utilized WeChat to connect buyers and sellers of USDT, offering slightly higher rates than those found on the OKX exchange. As a […]
China Defiant Against US Tariff Threats, Calls for Resistance
China has challenged the United States’ tariff demands by urging other nations to stand up and resist pressure. Foreign Minister Wang Yi accused Washington of acting like a […]
Huawei Launches AI Chip Challenge to Nvidia and US Sanctions
Chinese tech giant Huawei has taken a significant step in the global AI race, unveiling its new Ascend 910D chip. This initiative aims to surpass Nvidia’s H100, challenging […]
Bradley Tusk: U.S. Leads AI Innovation, China Reigns in Cost Production
In a recent interview on CNBC’s ‘The Exchange’, Bradley Tusk, co-founder and managing partner at Tusk Venture Partners, revealed insights into the global competition in artificial intelligence (AI). […]
Crypto Trader Jailed for $16 Million USDT Money Laundering Scheme
A Chinese court has sentenced a cryptocurrency trader, Xiao Yang, to prison for operating a large-scale money laundering scheme involving USDT transactions. He used WeChat for buyer and […]
Guangzhou Court Rules Virtual Property as Legal Entity, Shaping Crypto Regulation
The Guangzhou Court has granted legal status to virtual property, a landmark ruling that could significantly impact China’s cryptocurrency regulations. This decision recognizes the unique characteristics of digital […]
China Denies Tariff Talks with US Amid Rising Tensions
China has refuted reports of ongoing tariff discussions with the United States amid escalating geopolitical tensions. Ministry spokesperson Guo Jaikun stated that China currently has no such negotiations, […]
China Targets 5% Growth Despite Trade War Tensions
Despite ongoing trade tensions with the US, China remains committed to achieving its 5% growth target for 2025, according to Finance Minister Lan Fo’an. He announced that proactive […]
Guangzhou Court Examines Legal Protection for Virtual Assets
The Guangzhou Internet Court has shed light on the legal protections available for virtual assets through a recent press conference. A comprehensive report, titled ‘Research Analysis on the […]
China Launches Strategic Plan to Promote its Own International Payment System
Facing increasing international financial pressure, China is proactively taking action to reduce reliance on the US dollar. The country unveiled a strategic plan aimed at establishing its own […]