The Central National Debt Registration and Settlement Co., Ltd. (CCDC) has removed the commitment letter requirement for foreign central banks seeking to invest in China’s bond market. This […]
Nvidia and AMD Stock Plummet Amidst China Chip Sales Deal Uncertainty; Intel Rises
Stock markets experienced a mixed performance in pre-market trading today, with Nvidia and AMD shares declining while Intel saw gains. The diverging fortunes stem from an unusual revenue-sharing […]
Ant Group Denies Rumored Rare Earth RMB Stablecoin Plans
Recent online speculation regarding a potential new digital asset has circulated, with rumors suggesting a groundbreaking partnership between Ant Group and the Chinese government to launch a rare […]
China’s Yuan Stablecoins: A Strategic Tool for Expanding Global Influence
China is driving a significant shift in the global financial landscape with its ambition to foster the use of yuan-backed stablecoins. These innovative digital currencies, backed by reserves […]
Nvidia and AMD To Share 15% of China Chip Revenue with US
In a landmark agreement, Nvidia and AMD have agreed to share 15% of their sales revenue from specific chips sold in China directly with the U.S. government. The […]
China Cracks Down on Crypto Pyramid Schemes in Shiyan
Shiyan authorities are investigating three cryptocurrency projects for suspected pyramid schemes, prompting consumer warnings about potential financial risks. These investigations highlight China’s continued efforts to combat crypto scams […]
China Criticizes Nvidia’s H20 Chips Over Security and Environmental Concerns
Nvidia’s H20 chips, specifically designed for China, have faced strong criticism from Chinese state media outlets. These concerns center around the potential for security risks, including remote shutdown […]
NVIDIA Navigates Security Concerns as China Questions Chips
Following the U.S.’s reversal of a ban on NVIDIA’s H20 chips for the Chinese market in July, the company has faced new challenges regarding chip security. The return […]
China’s Wenzhou Court Liquidates Seized Crypto Assets: A Landmark Ruling for Digital Asset Management
Wenzhou Court has completed the liquidating of over 6,000 USDT, 2,700 TRX, and 0.8 BNB, marking a significant step forward in China’s regulatory approach to digital assets. This […]
China Cracks Down on Pyramid Schemes in Crypto Industry
China is taking action against unregistered cryptocurrency projects accused of operating as pyramid schemes. The crackdown, launched in August 2025, focuses on preventing deceptive investment promises and protecting […]
China Uncovers Pyramid Schemes in Crypto Market Amid Crackdown
Chinese authorities are investigating unregistered cryptocurrency projects for alleged pyramid schemes, with the focus on entities that exploit investors with promises of lucrative returns through fake stablecoin investments. […]
China Investigates Cryptocurrency Projects for Pyramid Scheme Allegations
Chinese authorities are investigating several cryptocurrency projects suspected of operating as pyramid schemes. The Shiyan City Market Supervision Administration in Hubei Province has issued a risk warning, launching […]
China’s Wenzhou Court Liquidates Seized Crypto Assets via Licensed Platforms
In a landmark move, China’s Wenzhou Intermediate People’s Court successfully liquidated seized cryptocurrencies in a compliant manner. This historic case involved over 6,000 USDT, 2,700+ TRX, and 0.8 […]
Marc Andreessen Compares AI Race to Cold War: ‘Two-Horse Race’ With China at Center
Venture capitalist Marc Andreessen drew parallels between the global race for artificial intelligence dominance and the historical rivalry between the US and the Soviet Union during the Cold […]
Taiwan Imposes Export Ban on Chinese AI Companies, Threatening Innovation
Taiwan has implemented a significant export ban targeting AI companies based in China. This decision restricts Taiwanese businesses from supplying crucial technologies to these firms, significantly impacting their […]