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Transforming the face of Chinese tech
Asia focus, Suwatchai Songwanich, Published on 26/04/2021
» China's technology industry is at a crossroads. In the middle of the Covid crisis last year, Chinese tech companies were booming as people embraced online services, entertainment and shopping. This led to a sharp rise in profits for the parent companies and soaring share prices.
China's cryptocurrency crackdown
Asia focus, Suwatchai Songwanich, Published on 16/12/2019
» Weibo, China's largest microblogging service, has banned the cryptocurrency exchange giants Binance and Tron from its platform amid what appears to be a fresh crackdown on digital currency trading in China. At the same time, watchdogs in Shanghai issued notices calling for a cleanup of companies involved in cryptocurrency trading, while Beijing's regulator warned against illegal exchange operations.