Chinese textile giant Addentax is making a bold move into the world of cryptocurrency, investing up to $800 million in bitcoin (BTC) and TRUMP tokens. This strategic shift […]
Nvidia Establishes R&D Center in Shanghai to Mitigate US Export Restrictions
Facing increasing US export restrictions, NVIDIA is planning to open a research and development center in Shanghai, China. The move aims to maintain its market position in the […]
China Unveils Digital Economy Action Plan for 2025
The Chinese government has unveiled its ambitious ‘Action Plan for Digital China Construction 2025’, aiming to boost the digital economy’s share of GDP by surpassing 10%. This significant […]
Bitcoin as Taiwan’s Defense Against Chinese Pressure
Facing potential geopolitical risk from China, Taiwan is considering a significant shift in its financial strategy by exploring the potential of bitcoin. This move comes as tensions between […]
China Tightens Grip on Illegal Forex & Crypto Operations in Chengdu
Chinese authorities have cracked down on illegal forex and cryptocurrency transactions, arresting 21 suspects in Chengdu linked to over 3.9 billion yuan worth of illicit cross-border deals. The […]
China and U.S. Establish New Trade Consultation Mechanism
China and the U.S. have taken a significant step forward in resolving trade tensions, agreeing to establish a dedicated mechanism for communication on their respective concerns. This follows […]
China Calls for End of US 232 Tariffs on Imports
In a recent press conference, the Chinese Ministry of Commerce voiced its concern regarding U.S. tariffs on imported goods. On May 15th, spokesperson He Yongqian addressed the implementation […]
Trump Claims US Leads China in Crypto, Market Volatility Follows
President Trump asserted that the U.S. has the lead over China in the cryptocurrency market, a claim that sparked market volatility with Bitcoin surging 15%. This bold stance […]
Trump Administration Sets Course for Cryptocurrency Leadership, Challenging China’s Dominance
The Trump administration has taken a bold step to solidify the United States’ position as a leader in cryptocurrency and blockchain technology, challenging China’s current control of the […]
Trump’s Crypto Comments Spark Trade Tensions and Market Volatility
In a surprising move that triggered market fluctuations, former President Donald Trump recently asserted in Saudi Arabia that the US leads in cryptocurrency technology, sparking renewed tensions with […]
China Implements Tariff Reduction on U.S. Goods: Implications for Trade and Crypto Markets
China has made significant changes to its import tariff structure, lowering rates on goods from the United States starting May 14, 2025. This shift represents a tentative step […]
US Enacts New Chip Security Act to Prevent Technology Leaking
A new US law, the Chip Security Act, aims to strengthen national security by ensuring tighter control over the export of advanced semiconductors. The bill mandates real-time tracking […]
China Criticizes New UK-US Trade Deal as Tool for Targeting Chinese Goods
China has strongly criticized the newly signed trade agreement between the United Kingdom and the United States, accusing both countries of deliberately designing the pact to disadvantage Chinese […]
Economic Tensions Ease with Trade Agreement Progress
The US-China trade war has entered a new phase as progress towards a tariff agreement brings optimism to financial markets. After months of uncertainty fueled by escalating tax […]
China Reduces Tariffs on US Imports, Signaling Potential Trade Recovery
China announced a reduction in tariffs on US imports, dropping the rates from 34% to 10%, effective May 14, 2025. This move, as part of a reciprocal agreement […]