Monday, May 21, 2018

‘I am very sorry’: Chinese investors keep losing billions online

The company's name appeared in ads for the local marathon. Its logo was emblazoned on the jerseys of two professional soccer teams in Spain....

China Escalates Crackdown on Cryptocurrency Trading

China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the...

China to cap overseas withdrawals using domestic bank cards

China's foreign exchange regulator will cap overseas withdrawals using domestic Chinese bank cards at 100,000 yuan ($15,370) per year in an effort to target...

Money will start flowing out of China again, but it’ll be much more targeted

Outbound investments from Chinese companies are expected to pick up next year, but that's not necessarily good news for every sector hungry for China's cash. That is,...

Bitcoin Prices Rise Above $5000, Without China

Bitcoin, the “people’s currency,” passed a big “chart” test overnight. It crossed the $5000 mark, reaching an all-time high, without China. Other cryptocurrencies followed suit....

China’s Government Has More Money Than You Can Imagine

Every time you hear an financial pundit on Fox Business News, CNBC or Bloomberg talk about global liquidity being part of the core central banks handing out free dollars...

Chinese money dominates bitcoin, now its companies are gunning for blockchain tech

It’s a sweltering summer night when I’m invited to join a bitcoin miner from Shenzhen at a “bitcoin club” somewhere in downtown Beijing. I’ve...

China Tells Entrepreneurs They Must Put Patriotism Over Profit

China said patriotism must be the highest priority in entrepreneurship, officially defining for the first time what the concept should mean for the world’s second-biggest economy. Patriotism...

Why Has China Declared War on Bitcoin and Digital Currencies?

China's government is starting an all-out war against bitcoin and other digital currencies by banning fundraising through initial coin offerings and shutting down all...

Blockchain, Bitcoin, Cryptocurrency And ICOs – All You Need To Know In 10 Minutes

I’ve often sung the praises of blockchain technology, which I truly believe has the potential to create great efficiencies across many industries. Probably the most visible...
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Latest Articles

US and China put trade war ‘on hold’, Treasury Secretary Steven Mnuchin says

The US trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on...

China Will ‘Significantly’ Boost U.S. Purchases. By How Much is the Question

China will “significantly increase purchases” of U.S. goods, the White House said as Beijing’s special envoy at talks in Washington declared a trade war...

China Pledges $200 Billion in U.S. Purchases by Overhauling Trade Rules

American and Chinese officials made progress on Friday toward an agreement that could help avert a trade war, with China pledging to increase its...