China Crypto News

China Backs Malaysia’s BRICS Bid, Eyes Shift in Global Power

China has voiced full support for Malaysia’s entry into BRICS, a major international economic group.Prime Minister Anwar Ibrahim confirmed the accelerated discussions for Malaysia’s...

China Pushes Yuan in Global Trade, But Dollar Still Dominates

China is increasing efforts to promote the yuan over the U.S. dollar in global trade.Cross-border transactions in yuan now account for 30% of China’s...

Nvidia Q2 Earnings Beat Estimates, Stock Dips Amid China Halt

NVIDIA posted second-quarter 2026 fiscal year revenues and net income that exceeded Wall Street’s forecasts. Quarterly revenue reached $46.7 billion, with net income climbing to...

AMD Stock Rises 5% as Analysts Bullish Despite China AI Deal

AMD shares rose 5%, outperforming NVIDIA in recent trading.AMD agreed to give the U.S. government 15% of its AI GPU sales in China for...

Modi to Visit China for SCO Summit, De-Dollarization on Agenda

Indian Prime Minister Narendra Modi will travel to China for the SCO summit in Tianjin from August 31 to September 1. The summit will address...

China Jails Tech Exec for $19.5M Crypto Laundering, Recovers $11M

Chinese authorities sentenced a former tech executive to 14.5 years in prison for embezzling $19.5 million and laundering it through cryptocurrency. Over 90 Bitcoin, valued...

Nvidia H20 Orders Soar as US Lifts Chip Export Ban to China

NVIDIA placed orders for 300,000 H20 AI chips for the Chinese market after the U.S. relaxed export restrictions.The change follows a reversal of earlier...

China Invites 30 Nations to SCO 2025 for De-Dollarization Talks

China will host the 2025 Shanghai Cooperation Organization (SCO) summit in Tianjin on August 31, focusing on new trade policies and de-dollarization. About 30 countries...

Latest news

Meta’s AI Swamps Child Exploitation Tip Line

Law enforcement officials accuse Meta's AI systems of flooding investigators with thousands of unusable, low-quality reports on potential child...

Block Cuts 4,000 Staff Citing AI-Driven “New Way of Working” .

Block, the payments company co-founded by Jack Dorsey, will lay off over 4,000 employees, cutting roughly 10% of its...

Vitalik Buterin Outlines Ethereum Quantum Defense Plan

Vitalik Buterin proposed a quantum roadmap to shield Ethereum from future encryption-cracking computers.The plan includes cryptographic updates, with at...

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