Crypto markets experienced a sudden surge following an unexpected agreement in Geneva, with Bitcoin regaining its six-digit status and altcoins benefiting. However, China’s assertive stance challenging this accord […]
Cryptocurrency Prices Surge Then Drop Amidst China’s Comments on US Chip Controls
A recent surge in cryptocurrency prices hit a resistance level of $105,800 before facing selling pressure. Investor skepticism persists after Friday’s credit rating downgrade. Now, China is raising […]
China Emphasizes AI Governance Amid Market Shifts, Impacting Cryptocurrency
China is making clear its commitment to AI development as a strategic economic move that aligns with market activity. A recent commentary from the Economic Daily highlights China’s […]
China’s Economic Actions Signal Shifting Global Dynamics
The relationship between China and the United States is marked by ongoing tension. A recent example is the suspension of tariff increases for 90 days. However, this diplomatic […]
Chinese Firms Seek New IPO Pathways Amid Trade Tensions, Turning to Singapore
As the US-China trade war escalates, at least five large Chinese firms have signaled their intention to list on the Singapore Exchange (SGX) within the next year. These […]
China’s Massive Reduction in US Treasury Holdings Raises Global Concerns
A recent report from the US Treasury Department reveals that China has significantly reduced its holdings of US Treasury bonds, selling off approximately $18.9 billion between February and […]
China’s Major US Treasury Sale Sparks Market Uncertainty
A recent significant divestment by the Chinese government has sent ripples through global financial markets, with data revealing a substantial reduction of over $18.9 billion in US Treasury […]
China Intensifies Overseas Income Audits for High-Net-Worth Individuals
Facing declining revenues, Chinese tax authorities are launching a new campaign to audit foreign income earned by high-net-worth individuals. Targeting substantial foreign investments, the initiative reflects increased financial […]
Nvidia Rules Out Next AI Chip in China as Export Restrictions Remain
Nvidia has officially ruled out a new chip based on their Hopper architecture for the Chinese market. CEO Jensen Huang confirmed this during a livestream, explaining that modifications […]
China Cracks Down on Illegal Crypto Operations in Sichuan: Arrest 21 & Seizure of $3.9B
Chinese authorities have dismantled illegal cryptocurrency operations in Sichuan, leading to the arrest of 21 individuals and the seizure of approximately $3.9 billion worth of digital assets. This […]
Vitalik Buterin Discusses Ethereum’s Future with Chinese Developers
Ethereum co-founder Vitalik Buterin engaged in a key dialogue with developers in China, exploring the blockchain’s future and scalability plans. The meeting highlighted growing Chinese interest in Ethereum […]
Sichuan Authorities Crackdown on Illegal Crypto Exchange Operations
In a significant development, Sichuan authorities have dismantled an illegal cross-border forex operation, resulting in the arrest of 21 suspects and uncovering over $3.9 billion yuan in illicit […]
Paraguay Detains Four Chinese Nationals for Crypto Mining Heist Attempt
In a security breach, four Chinese nationals have been arrested and deported in Paraguay following an alleged attempt to gain unauthorized access to servers used in crypto mining […]
Effective Altruism Under Fire: Is It Shifting to ‘China Hawks’ after FTX?
Following the dramatic collapse of FTX, a significant shakeup has occurred in the world of Effective Altruism (EA). Prominent tech investor and former White House advisor David Sacks […]
Sichuan Police Dismantle Massive Forex Scheme, Arrest 21 Individuals
Chinese authorities have dismantled a large-scale illegal forex operation in Sichuan province, resulting in the arrest of 21 individuals and over 3.9 billion yuan in illicit currency transactions. […]