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Will they force Chinese tech companies to share user credit data?

China intends to pressure the country's tech giants, such as Ant Group, Tencent and JD.com, to share their users' consumer loan data in order...

China introduces new measures to safeguard Chinese companies from US sanctions

China's State Council has adopted new rules to protect companies from foreign sanctions. They could be prohibited from complying with the requirements of foreign...

Elon Musk, the richest man in the world, wants to be paid in Bitcoin

Tesla and SpaceX founder said he would never reject cryptocurrency Elon Musk, the billionaire founder of Tesla and SpaceX, who has just become the richest...

Alibaba, Jack Ma – who remains missing and the dream that became a nightmare

Chinese authorities accuse Ant Group of mismanagement, contempt for authority and speculation - Central Bank says Ant used its size to outperform competitors The billionaire...

Elon Musk fails to deliver his promise to sell half a million Teslas in 2020

Tesla failed to reach the goal set by its CEO Elon Musk, to deliver 500,000 vehicles in 2020. While breaking its own record, the...

Australia’s economy may never grow again after its trade dispute with China

A study by the economic research company Capital Economics suggests that Australia's economy has been hit hard by escalating trade tensions with China, and...

An economist sees mirages in cryptocurrencies: The hyperbolic bubble is going to burst

Economist Nouriel Roubini has explained the reasons why bitcoin and other cryptocurrencies have no place in the portfolios of retail or institutional investors even...

Jack Ma loses $ 3.6 billion in one day as Alibaba Group crashes on stocks

Alibaba Group founder Jack Ma lost about $ 3.6 billion on December 24 after the announcement of an antitrust probe in China plunged the...

Forbes: 50 new health care billionaires who became rich during the pandemic

Most of the new billionaires live in China, where the first outbreak of coronavirus infection occurred. During the 2020 coronavirus pandemic, 50 new billionaires have...

Elon Musk ‘winks’ at bitcoin – Tweets with digital currency ‘guru’

Musk had a very interesting conversation with an ardent supporter of digital currency about the possibility of converting Tesla's "big transactions" into bitcoin Bitcoin's continued...

China’s Digital Yuan and Facebook’s Libra: Where’s the risk hidden?

Unlike Facebook's Libra project, China's digital yuan does not pose a threat to the global financial system. If it goes into circulation, it will facilitate...

An extraordinary factor will drive silver prices to a new record in 2021

The price of silver could skyrocket in 2021 to a record $ 50 per ounce, Saxo Bank analysts predict. This growth will be driven by...
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