China News

China Fires Shot at Dollar: Digital Yuan Expansion Begins
China is challenging the dominance of the US dollar in global finance, with central bank governor Pan Gongsheng laying out a vision for a mu...

US–China Tariffs Shake Markets as Australian Analysts Weigh In on “Handshake Agreement”
The week started well for crypto markets, as hopes were high that the US and China could strike a deal on tariff disputes. However, after Tr...

Markets React Positive Following China-US Envoys Meeting in London to Discuss Trade Deal
Top US and Chinese officials convened in London on Monday in a last-ditch effort to prevent an escalating trade dispute from metastasising i...

Trump Team Claims China Deal Near, Crypto Reacts with Caution
Following a “trade deal” with the UK – hint: it wasn’t really as great a deal as Trump would like us to believe – the US has come ...

China’s Crypto Contradiction: Seized Digital Assets Fuel Local Budgets Despite National Ban
China’s stash of seized cryptocurrencies keeps on growing, but local governments are quietly selling it off using private firms to liquida...

Russia and China Use Bitcoin to Circumvent Sanctions in Oil Trades
Bitcoin’s evolution from a speculative asset to an international trade tool might be further along than most think—especially if the lat...

Crypto Market Rallies as Trump Hits Pause on Some Tariffs, Intensifies Pressure on China
Donald Trump has put a pause on some of his sweeping tariffs, and markets have welcomed the move. The S&P 500 is up almost 10% over the ...

Battle Lines Drawn: China vs. Trump Tariffs While Stagflation Fears Rattle Crypto Markets
Trump’s tariff play has drawn mixed responses globally. While markets tanked for several days, they seem to stabilise for the time being. ...

Bitcoin Dips Below $100K as AI Jitters Rattle Tech, But Analysts See Silver Lining
Just a week ago Bitcoin made a new all-time high (ATH) at US$109,590 (AU$174,746), but has since struggled to keep up the momentum. At...

China’s Cut-Price AI Model Shocks Global Markets, Coincides With Boost to Chinese Shares
The launch of a new, cheaper AI model by Chinese tech firm DeepSeek — known as R1— has sent tremors through global stock markets and the...

Did China Sell All its Bitcoin? CryptoQuant Founder Says Yes
China may have already sold the 194,000 Bitcoin (BTC) seized from the infamous PlusToken scam in 2019, according to CryptoQuant CEO Ki Young...

What’s Causing BTC, XRP and ETH to Pump? Inflation Cools as China Injects Liquidity
2024 ended with a bang for the crypto market, and the community entered the new year brimming with optimism. The promise of government adopt...