What Happened: China has announced a set of regulations that effectively ban the operation of for-profit education companies in the country. The new rules will no longer allow companies that teach school subjects to accept overseas investment, which could include capital from offshore registered entities of Chinese firms, according to a notice released by the … Read more
Tesla Inc.’s aspirations in China were dealt a major blow over the weekend after the government ordered that almost all the cars it’s sold in the nation — more than 285,000 of them — be fixed to address a safety issue. The State Administration for Market Regulation said in a statement on Saturday that the … Read more
Peter Thiel, one of Silicon Valley’s most prominent venture capitalists, suggested bitcoin could pose a threat to the US during a virtual seminar held by the Richard Nixon Foundation this week.”Even though I’m a pro-crypto, pro-bitcoin maximalist person, I do wonder whether at this point bitcoin should also be thought of in part as a … Read more
The Cold War between the United States and the Soviet Union threatened to spark conflict in nations all over the world, and battles over control of many different natural and industrial resources. The new Cold War, between the United States and China, is increasingly focussed on access to one industry in one place: Computer chips … Read more
Leading primary investment news and data platform China Money Network (www.ChinaMoneyNetwork.com) today unveiled its sister service Caishen.Co (www.Caishen.Co) to provide critical information about China’s secondary investment markets. Caishen.Co monitors real-time data for over 4600 companies listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange. The platform then organizes more than 32000 monthly market … Read more