China


Markets

The Business of Geopolitical Competition

As Oracle wins a bid for TikTok US, a look at how tech competition, culture competition and currency competition shape the business of geopolitics.

(Trifonenko/Getty Images)

Policy

Why Crypto Investments Are Less Vulnerable to US-China Tensions

U.S.-China tensions are taking a toll on venture funds that invest in non-crypto startups. Investment in the blockchain industry may be less affected.

(Shutterstock)

Policy

China's Digital Currency May Come With Hardware Wallets as Well

China Construction Bank’s brief digital yuan debut suggests that hardware wallets for the central bank digital currency may be in the works.

China Construction Bank

Markets

Huobi and OKEx Battle for Supremacy in China

Cryptocurrency exchange Huobi is taking aim at competitor OKEx in the business of trading bitcoin futures and other derivatives contracts, opening up a new front in a longstanding rivalry that has historically focused on the lucrative Chinese market.

(Ryan McGuire/Pixabay)

Finance

Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia

Affected mining centers in the area may see a notable increase in electricity costs.

(HelloRF Zcool/Shutterstock)

Tech

Huawei Builds Blockchain Platform to Help Beijing Government Manage People’s Data

Huawei’s cloud services arm is helping the Beijing government set up a blockchain platform that would better track and manage people’s data.

(Shutterstock)

Policy

PBoC Says Digital Yuan Tests Focus on Small Transactions After Rumored Property Sale

The People's Bank of China has apparently played down rumors of a house sale settled with its in-the-works digital currency.

People's Bank of China's headquarters in Beijing

Policy

A WeChat Ban Should Be the Moment for Decentralized Tech. But It’s Not.

President Trump’s threat to ban WeChat could disrupt the communication of millions of people. Decentralized technology is one solution, but will people really use it? Not necessarily, industry watchers say.

Shutterstock

Tech

China to Launch Major Expansion of Digital Currency Trials

China is said to be planning additional testing of its digital yuan across a number of developed regions including Hong Kong.

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Tech

Nigerians Are Using Bitcoin to Bypass Trade Hurdles With China

Nigerian entrepreneurs are increasingly using bitcoin as a way to trade internationally, noting its significant benefits over legacy financial systems.

(Ayoola Salako/Unsplash)