The Chinese government has intensified its crackdown on illegal cryptocurrency activity, enforcing stricter regulations to combat illicit financial activities. The latest policy strengthens existing 2021 restrictions that prohibit […]
China Cracks Down on Illegal Crypto Activities: Accounts & Platforms Shut Down
China has launched a comprehensive crackdown on illegal cryptocurrency activities, targeting both online platforms and individual accounts. The campaign focuses on addressing speculative trading practices and misinformation related […]
EngineAI Aims for $1 Billion Valuation Amidst Speculation
Rumors suggest that EngineAI, a company specializing in intelligent robotic systems, is aiming for a valuation of $1 billion. While the company has not confirmed these aspirations, speculation […]
Trump Threatens Apple with Tariffs on iPhones as Trade Tensions Escalate
President Donald Trump has escalated trade tensions with China by threatening to impose a 25% tariff on all iPhones and other Apple products manufactured there. This move, announced […]
U.S. and China Continue Trade Talks: Diplomatic Communication Remains Active Despite Tensions
Despite ongoing tensions, the U.S. and China are actively engaging in trade discussions. Recent calls between senior officials highlight continued progress on key issues, as both countries continue […]
Chinese Court Rules Crypto Investments Lack Protection, Impacting Investor Safety
A recent court ruling in China has significantly impacted the landscape of cryptocurrency investments. The Ma Wei Court in Fujian decided that virtual currency investments do not fall […]
Baidu’s Underrated Rise: An AI-Powered Investment Opportunity
Since our last coverage in August 2024, Baidu (NASDAQ: BIDU) has seen its stock price rise slightly to $89.53 from $86.96 per share. Despite this increase, investors have […]
Nvidia CEO Sounds Alarm: US AI Chip Restrictions Backfire in Favor of China
While hopes for a post-Trump trade wind are fading, the financial fallout from restrictions on exporting AI chips to China continues to impact American companies like Nvidia. Despite […]
China Condemns U.S. AI Chip Export Restrictions, Sparking International Tensions
China has criticized the U.S. export restrictions on advanced artificial intelligence (AI) chips, alleging they represent protectionist measures that violate international law. The move aims to limit China’s […]
China’s Digital Currency Strategy: Challenging the Dollar Empire with RMB and HKD Stablecoins
China is wielding its control over rare earths, fueling global technology and trade through incentivized stablecoin adoption. The Belt and Road Initiative creates a $2.5 trillion trade network […]
Huawei AI Chip Battle Sparks New U.S.-China Tech War
Geopolitical tensions between the U.S. and China are escalating, impacting the global tech landscape, especially in the field of artificial intelligence (AI). The latest flashpoint centers on Huawei’s […]
35 Chinese Apps Targeted for Illegal Data Practices, Regulatory Scrutiny Expected
China has taken action against 35 popular mobile apps for suspected illegal data practices. The move signals a tightening grip on China’s tech sector and its companies. Notably, […]
Slow Chinese Rare-Earth Exports Threaten Global Supply Chains
China’s move to ease export restrictions on rare earths is causing concern as approvals for shipments are proceeding slowly, risking disruption of global supply chains. While Beijing loosened […]
China Aims for Global Yuan Dominance by 2025
China’s central bank has unveiled a strategic plan to boost the use of its yuan in international transactions, aiming for greater global adoption by May 2025. This ambitious […]
China’s LPR Cut: A Signal of Economic Stimulus for Global Markets
The People’s Bank of China (PBOC) has made a significant move by cutting the one-year and five-year Loan Prime Rates (LPRs), sending ripples through the global financial world. […]