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# China News

May 23, 2019 by at Regulation
A member of the Bank of China Law Research Association says sporadic bitcoin (BTC) trading isn’t illegal in the country despite the trading ban enacted in 2017. This new revelation by cnLedger, a cryptocurrency news source that focuses on China, begs the question of what Chinese law enforcement and regulators...
One of the more popular justifications for the current bull market floating around the Internet is the growing hostility between China and the USA. Several experts and industry insiders believe Chinese investors are pulling their money out of the Yuan in anticipation of further depreciation, as reported by Forbes on...
James Turk of Goldmoney says investors are de-risking their portfolios by pivoting away from bonds and stocks into assets like bitcoin and gold. The banking, investments, and commodities expert speaking to King World News said dovish central banks policies, a weak European banking system, and the U.S. – China trade...
May 14, 2019 by at Business, News, Tech
HTC has disintegrated sales of its smartphones from major Chinese e-commerce stores after being edged out by new domestic smartphone producers in the market, as reported by South China Morning Post, May 13, 2019. Long-Term Business Strategy The Taiwanese electronics firm HTC that designed the first-ever Android phone in 2008,...
Sequoia China, the Chinese arm of Sequoia Capital, could possibly layoff as much as 20 percent of its investment professionals due to an industry slowdown leading to investors' low appetite for risk, reports Reuters on May 6, 2019. Sequoia's Impending Firing Spree Per the report, two sources close to the...
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