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Tag: Beijing

China fund managers embrace robots as competition intensifies

By Samuel Shen and Andrew Galbraith SHANGHAI (Reuters) - Chinese fund managers, grappling with a rapidly-growing list of publicly-traded securities and mountains of...

China’s Blockchain Stocks Remain Unscathed Amid the Bitcoin Market Crash

China National Blockchain Network Goes Live April 2020
China National Blockchain Network Goes Live April 2020China’s blockchain-linked stocks remain undisrupted by the chaos surrounding the general cryptocurrency market. The eight Chinese A-share equities connected to the blockchain technology behind cryptocurrencies are down less than 2% in Singapore on Thursday.  Different from the Rest? In comparison, there was a more than 5% average plunge for a basket of 24 global crypto
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Honor of Kings World Champion Cup 2021 could have a prize pool of up to $7.7 million

The finals for the Honor of Kings World Champion Cup 2021 will happen on Aug. 28, the director of Beijing state-owned cultural asset...

Op-ed | Beijing’s Troubling Space Ambitions

The moon and Mars on course to become the next disputed islands On May 14, China became the second country in the world...

Bitcoin struggles for footing on worries over China, leverage

By Stanley White and Vidya Ranganathan TOKYO (Reuters) - Bitcoin recovered marginally on Thursday from the previous session's brutal slide to four-month lows...

ByteDance founder Zhang Yiming to step down as CEO

By Echo Wang and Yingzhi Yang (Reuters) -Zhang Yiming, founder of TikTok owner ByteDance, told employees of the Chinese technology giant in a...

As Bitcoin tumbles, BIS examines the future of digital currencies

New digital currencies that transcend national borders could affect the nature of currency competition, the architecture of the international monetary system and...

Ericsson’s China ambitions in jeopardy over Sweden’s Huawei ban

By Supantha Mukherjee STOCKHOLM (Reuters) - An upcoming court decision that will decide the future role Huawei can play in Sweden could also...

Explainer: What Beijing’s new crackdown means for crypto in China

SHANGHAI (Reuters) - Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrency, marking a...

Stocks, China and the dollar: 3 reasons why Bitcoin price is tanking below $40K

$39,000 may seem unfairly cheap for Bitcoin, but there is likely more keeping it there than just Elon Musk.

Inner Mongolia sets up hotline to report suspected crypto miners

Authorities in Inner Mongolia are cracking down further on crypto mining operations that may be jeopardizing the region's bid to reduce carbon emissions.

Group reiterates Crypto ban in China

TL;DR breakdown China reminds investors of crypto ban Why China is right on crypto ban The People’s Bank of China (PBOC) has reiterated its crypto ban today, Tuesday after sharing a warning by its associates on its official WeChat group. The National Internet Finance Association of China, the China Banking Association, and the Payment and […]

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