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...

Can Bitcoin Prices Reach $5000 Again Without China?

After falling for most of the week like a stone, Bitcoin, the “people's currency,” made a sharp turn upwards on Friday and early Saturday...

China Is Shutting Down All of Beijing’s Bitcoin and Cryptocurrency Exchanges

Chinese authorities have ordered Beijing-based cryptocurrency exchanges to cease trading and immediately notify users of their closure, signaling a widening crackdown by authorities on the industry to contain...
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Latest Articles

Former Shaanxi Provincial Chief Zhao Zhengyong Under Graft Investigation

A former chief of northwest China’s resource-rich Shaanxi province became the latest target of the central government’s sweeping anti-corruption campaign and the first senior...

Huawei CEO says company doesn’t spy for China and praises Trump in rare appearance

Huawei would never allow China’s government to access customer data, even if Beijing requested it, the CEO and founder of the company repeatedly emphasized Tuesday, amid...

China is at a difficult time of uncertainties, says President Xi’s teacher

Looking back to the year 2018, I summarize things in one word: surprise. Many things that happened last year were out of our expectations....