china

China, officially the People's Republic of China, is a country in East Asia and the world's most populous country, with a population of around 1.404 billion in 2017. Covering approximately 9,600,000 square kilometers, it is the third or fourth largest country by total area.

China’s Zhejiang Province Hikes Electric Rates for Crypto Miners

China’s Zhejiang Province Hikes Electric Rates for Crypto Miners
China’s Zhejiang Province Hikes Electric Rates for Crypto Miners
February 23, 2022  |  Cryptocurrency

The Chinese province of Zhejiang’s branch of the National Development and Reform Commission (NDRC) has said it will introduce punitive electricity prices for crypto miners,...

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Meituan Loses $26B in Value as Chinese Regulators Step In
Meituan Loses $26B in Value as Chinese Regulators Step In
February 20, 2022  |  Delivery

Meituan, the Chinese food delivery company, lost $26 billion in value as of Friday after regulators wanted to lower fees food platforms are charging restaurants,...

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EU ‘Obstacles’ Hobble Growth, European Industrialists Say
EU ‘Obstacles’ Hobble Growth, European Industrialists Say
February 20, 2022  |  Cross-border Payments

The European single market is akin to an obstacle course, which has put several companies as also-rans as the U.S. takes the lead, Financial Times...

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China Warns About Frauds in the Metaverse
China Warns About Frauds in the Metaverse
February 20, 2022  |  Metaverse

The Chinese government has issued a notice against various frauds associated with the metaverse, Coinspeaker reported Friday (Feb. 18). Get the Full Story Complete the...

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EU Brings Legal Fight to WTO Over China’s Alleged Patent Infringement
EU Brings Legal Fight to WTO Over China’s Alleged Patent Infringement
February 18, 2022  |  Legal & Regulation

The European Union (EU) brought accusations against China to the World Trade Organization (WTO) on Friday (Feb. 18), alleging Beijing stopped European tech firms from...

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$8T Metaverse Market Potential May Hinge on Regulation in China
$8T Metaverse Market Potential May Hinge on Regulation in China
February 14, 2022  |  Metaverse

The metaverse will replace the mobile internet with a more immersive experience. Get the Full Story Complete the form to unlock this article and enjoy...

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CBDC Weekly: EU Says Stablecoin Bill Coming in March, Digital Euro as Soon as 2025
CBDC Weekly: EU Says Stablecoin Bill Coming in March, Digital Euro as Soon as 2025
February 11, 2022  |  CBDC

China’s digital yuan may be the largest central bank digital currency (CBDC), but a digital euro is coming. Get the Full Story Complete the form...

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Regulator: China Commercial Banks’ Bad Loan Ratio Drops
Regulator: China Commercial Banks’ Bad Loan Ratio Drops
February 11, 2022  |  Cross-border Payments

The ratio of bad loans originated from China’s commercial banks fell 0.02 basis points to 1.73% at end of December compared to the percentage from...

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