US-China Relation

Chinese President Xi Jinping has just reached out to Antonio Costa, the President of the European Union, to work out a relationship between the two parties. This phone call comes just days before the swearing in of Donald Trump's as the 47th President of the United States.

The US has imposed new export restrictions on China’s semiconductor industry, halting shipments to 140 companies, including Swaysure Technology, tied to Huawei and already under sanctions. Is this a security measure or a futile attempt to stifle China’s tech growth?

全球比特币矿机巨头比特大陆旗下的芯片设计公司——算能科技，近期被指涉嫌违反美国芯片出口禁令。媒体报道指控该公司通过“白手套”模式购买台积电芯片，再转售至中国科技企业华为，导致台积电可能切断供应。这一事件不仅将影响比特大陆的矿机生产，也为加密货币矿圈带来潜在动荡。

It's quite incredible. This may be the first time that people hope that the National Day will pass quickly. The arrival of the National Day holiday has pressed the "pause button" on the recent rising market, and investors are itching to watch the A-share market close.

Huawei Technologies may be close to succeeding where Microsoft, Samsung and Alibaba failed: fielding a formidable third mobile operating system to compete with Apple's iOS and the open-source Android with the debut of its highly anticipated home-grown mobile operating system HarmonyOS Next.

The expanding China-Russia alliance, coupled with a perceived decline in US leadership, raises significant global stability concerns, reminiscent of Cold War tensions.

At the Tsinghua forum, Zhu Guangyao urged careful examination of cryptocurrency risks while recognising shifting U.S. policies, advocating for a proactive approach to digital economy developments.

China’s $113 billion market stabilization fund aims to restore stability to its stock markets by providing liquidity through central bank financing. The announcement has led to significant market rallies, though long-term structural challenges remain.

China’s aggressive stimulus package may stimulate global liquidity, but the country’s ongoing ban on cryptocurrency trading limits its direct impact on Bitcoin and other digital assets. While some crypto investors remain hopeful that the influx of liquidity will ultimately benefit Bitcoin’s price, significant gains have yet to materialize. With global markets closely watching both China’s economic recovery efforts and the crypto industry’s resilience, the next few months could prove pivotal for both sectors.

China has shown great resilience, controlling more than 55% of Bitcoin mining despite ban.