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Blocking Bitcoin: Why China’s Cryptocurrency Ban Could be Here to Stay

June 11, 2018 By Matthew Fulco

China has banned borderless cryptocurrencies like bitcoin, but it is a move the country may come to regret. Until recently, China was the world’s largest market for virtual currency and digital currencies trading and China’s ban on Bitcoin came abruptly. Some experts think Beijing’s intention is to regulate the market, not hobble it—but the crackdown may last for a while. The future for cryptocurrencies in China is unclear, because the Chinese government is also backing the underlying blockchain technology. Will cryptocurrencies come to light again?

Filed Under: All Articles, China, Digital Economy, Finance, Internet Finance Tagged With: Bitcoins, China, Internet FInancing

East or West? Some European Countries are Trying Hard to Balance

May 28, 2018 By Jens Kastner

Central and Eastern Europe faces a tough balancing act as it looks toward China for investment and growth. Launched first in 2012, the “16+1” Cooperation Framework includes 16 countries in Central, Eastern, and Southeastern Europe. As a key part of the Chinese transcontinental economic and geopolitical vision, the heavily invested “16+1” becomes a perfect solution to some Central and Eastern Europe countries facing economic crisis. This closer tie with China, however, has made EU rattled. How to balance the relationship with EU and China becomes a head-scratching problem for many.

Filed Under: All Articles, Economy, Globalization Tagged With: China, Europe

China Roundup: LinkedIn Checks into China; Weibo to List on the NASDAQ; and the Renminbi Slides Further

February 28, 2014 By Major Tian

  The week that was: LinkedIn enters China with an innovative model; Sina Weibo plans US listing; the Chinese renminbi depreciates; and banks fight back against internet finance channels.  LinkedIn Connects with China Six months ago people were curious why LinkedIn isn’t blocked in China, like Twitter, Facebook and many other networking sites are. Well, […]

Filed Under: All Articles, China Round-up, Chinese Economy, Connections, Economy, Finance, Know China, Stock Exchange, Technology Tagged With: Alibaba, Apps, China, Facebook, ICBC, Internet FInancing, IPOs, LinkedIn, PBOC, RMB, Sina, Sina Weibo, Slider, Taxis, Tencent, Twitter, WeChat

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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