Beijing has intensified its crackdown on cryptocurrencies by targeting bitcoin mining as well as trading platforms.
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China’s two-speed recovery returns, as the industrial sector is booming and consumption disappoints again.
Steel and iron ore prices have both hit all-time highs, as construction activity has remained strong and the market expects more supply restrictions.
As long as the US upholds the one-China policy, Beijing will not be incentivized to unilaterally change the status quo.
Six senior state-owned enterprise (SOE) managers have been promoted to provincial vice governorships