US graphics card giant Nvidia is offering a new chip specially-designed for the Chinese market, which will allow it to continue to sell its products to customers in China while still complying with ne...
Tag: Chinese
The Chinese Government Holds More Bitcoin Than Michael Saylor’s MicroStrategy ⋆ ZyCrypto
Advertisement     The Chinese government holds more Bitcoin than MicroStrategy and Tesla combined, making it one of the world’s largest Bitcoin whales. According to Ki...
3 Little-Known Chinese EV Stocks Gunning for Nio
Nio (NYSE:NIO) is by far the best-known Chinese EV manufacturer, at least in the U.S. Ask most investors to name a Chinese EV brand, and many would likely struggle to come up with Nio. Beyond that, a ...
Here’s what we know about the rebound in Chinese stocks this week
Locals wearing personal protective equipment (PPE) line up to enter a specialized hotel for medical observation and quarantine in Zhengzhou city on Nov. 1, 2022. Vcg | Visual China Group | Getty Image...
Chinese Tycoon Spent 8 Years, $3 Billion on EV That Went Unbuilt
(Bloomberg) — The image arrived in Susan Swenson’s inbox on a Wednesday evening. Her corporate headshot had been crudely crossed out in digital red ink, and the word “Kill” was written in the bo...
The Race To The Bottom In The Chinese Pharmaceutical Market Reinforces The Need To Market In The United States
while new drugs may be approved in China, unless they have unique mechanisms of action, they may simply join a race to the bottom in terms of domestic reimbursement. Hence the increasing trend for Chi...
The Chinese Government Holds More Bitcoin Than MicroStrategy
– Advertisement – The Chinese government is one of the largest Bitcoin whales in the world. CryptoQuant chief Ki Young Ju in a thread on Wednesday, disclosed a little-known fact that the C...
Chinese central bank exec says digital yuan will offer ‘controllable anonymity’
Chinese central bank governor Yi Gang, in a recent speech at Hong Kong Fintech Week, talked about the progress of their national digital currency called the digital yuan. He outlined the progress and ...
TuSimple CEO fired over improper ties to Chinese firm Hydron
TuSimple, partly owned by UPS, makes self-driving trucks, a technology that may be among the innovations to help lower longer-run inflation in the transport sector. Source: TuSimple Self-driving truck...
Chinese Intelligence Officers Charged in the U.S. for Bribery and Theft – crypto.news
A criminal complaint has been opened in the US Federal court, in Brooklyn. Charged were two Chinese intelligence officers for their attempt to disrupt a prosecution in New York’s Eastern District. Att...
Chinese Stocks in US Rally, Erasing Most of Record Selloff
(Bloomberg) — Chinese stocks in the US are extending their rally after a record selloff on Monday, as Beijing’s pledge to support its financial markets lifted investor confidence and retail trad...
Have Chinese Stocks Hit Bottom? Alibaba and NIO in Focus
US-listed Chinese stocks had a bit of a meltdown on Monday. All bled profusely after President Xi Jinping’s pivot for absolute power saw him secure an unprecedented third term as Chinese leader. Stuff...
U.S DOJ Charges Chinese Intelligence Officers of Bribing in BTC
Bitcoin News Guochun He and Zheng Wang planned to steal sensitive documents. They planned to bribe a United States Government employee with $61,000 in Bitcoin. Two Chinese intelligence operatives have...
US Charges Chinese Spies in Scheme to Bribe Government Employee With Bitcoin to Steal ‘Secret’ Documents – Regulation Bitcoin News
The U.S. has charged two Chinese intelligence officers in a scheme to bribe a U.S. government employee to steal “secret” documents relating to the prosecution of a company in China. The defendants pai...
President Xi’s Tightening Grip On China Could Boost Some Chinese Stocks
Xi Jinping’s presidency will continue for a third five-year term, scaring investors concerned about his crackdown on China’s tech companies in recent years. Getty Images Chinese president ...
Yuan Taps New Low Versus US Dollar as Investors React to Endorsement of Chinese President’s Third-Term Bid – Economics Bitcoin News
The Chinese yuan’s offshore exchange rate against the U.S. dollar fell to a new all-time low of 7.33:1 just over a day after the conclusion of the Chinese Communist Party’s congress which gave Preside...
DOJ Charges Two Chinese Intelligence Officers in FBI Double Agent Bitcoin (BTC) Bribery Scheme
Two Chinese intelligence officers are facing criminal charges in the US for allegedly attempting to steal court documents and bribing an FBI agent with Bitcoin (BTC). According to a new statement from...
Chinese EV stocks Nio, BYD, Li Auto, Xpeng fell sharply amid selloff
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio U.S.-traded shares of Chinese electric vehicle makers were among those hit by a dramatic sell-off Monday,...
Chinese Officials Hoped CoinJoin Would Hide Bitcoin Bribes
Guochun He and Zheng Wang sought bitcoin wallet Wasabi to hide bribe payments, Elliptic said The pair allegedly hoped to gather confidential documents related to a federal investigation into Huawei Tw...
Why investors are fleeing Chinese assets as Xi tightens grip on power
China’s top leader, Xi Jinping, secured a groundbreaking third leadership term on Sunday and introduced a new Politburo Standing Committee stacked with loyalists in a clean sweep not seen since the er...
Two Chinese Agents Charged for Bribing US Law Enforcement Officer with Bitcoin
The US has charged two Chinese nationalists with obstruction of justice by bribing a US government employee with $61,0000 in bitcoin. According to the statement from the Department of Justice, these t...
US DOJ charges two Chinese agents for bribing FBI agent with BTC
The U.S. Department of Justice (DOJ) has charged two Chinese intelligence agents for allegedly paying $61,000 in Bitcoin to a Federal Bureau of Investigation (FBI) “double” agent. According to the DOJ...
Chinese Political Makeup Stirs Massive Slump in Chinese Tech Stocks
While the stocks have a bearish sentiment at this time, the projection for the future has been keeping many investors optimistic about the Chinese markets. The current Chinese political makeup has sti...
As Russia Gets Weaker, Xi Jinping May Forgo Taiwan To Grab Eastern Russia
China’s contempt for Russia is rising. AFP via Getty Images As China’s Communist Party Congress wound to a close, China’s “Paramount Leader,” Xi Jinping, emerged stronger than ever. Granting him...
Top Stocks Shed Nearly $70 Billion In U.S. As Xi’s Third Term Puts Market On Edge
Topline Shares of the largest Chinese companies listed on U.S. exchanges tanked by as much as 25% Monday after Chinese President Xi Jinping secured an unprecedented third term, as losses to the tune o...
DOJ Charges Alleged Chinese Intelligence Officers With Trying To Interfere With Huawei Prosecution
Topline The Justice Department announced charges Monday against 13 people allegedly involved in attempts by the Chinese government to influence U.S. operations, including two Chinese nationals who wer...
Chinese Top Chipmaker Retaliates By Firing US Employees In Core Tech, Former CEO’s Position Remain Undecided
Chinese chipmaker Yangtze Memory Technologies Corp ousted American employees in core tech positions following the U.S. embargo on China. Several U.S. citizens and green card holders in China had alrea...