Sentences with phrase «chinese government moved»

Then, in the summer of that year, the Chinese government moved to ban bitcoin.

Not exact matches

Many Chinese government offices have been public about their interest in taking advantage of the blockchain technology for tasks like tracking people and products moving through industrial supply chains.

The move would fly in the face of the Chinese government's mission to bring down the country's soaring debt as the country finds itself reliant on leveraged growth.

Their main reasons for panic were that the Chinese government could retaliate with its own tariffs on U.S. goods; that steel and aluminum prices would rise, causing a ripple of inflation; and that Trump's move would spur a full - blown trade war, slowing the economy and potentially even sparking a recession or depression.

As a result, the Chinese government has moved to use its increased clout to control international opinion and reportage.

The currency move also comes amid a shaky Chinese stock market, which the government has been trying to stabilize.

A move by the Chinese government to devalue the yuan on Tuesday has raised questions about a tangible slowdown in the country's economy that could lead to impacted earnings for companies like Aliababa.

The Chinese government plans to immediately impose tariffs on 128 U.S. products, including pork and certain fruits, a direct response to President Donald Trump's recent moves to pursue numerous trade restrictions against Beijing.

«There is a clear regulation by the Chinese government... so the whole automotive industry is moving towards the petrol - electric vehicle.»

This is not the first time the Chinese government has moved to place restrictions on an alternative currency.

Both the New York Times and the Financial Times, citing confidential sources, reported today that the Chinese government may announce a significant shift in its currency policy in the coming days, a move that could cause the Chinese yuan to rise in value against the dollar.

Chinese President Xi Jinping's Tuesday pivot on trade and intellectual property is encouraging to the White House, but the Trump administration will move forward with intentions President Donald Trump has announced until the Chinese government produces concrete actions.

But this just underscores how important it is to move past simplistic assumptions, and propaganda, about the developmental nature of China's «global development finance» and ask if and how the Chinese government's provision of overseas finance, in both its concessional and commercial versions is, in fact, contributing to development outcomes both outside and inside of China.

Others said Google's move also put Chinese authorities in a difficult situation, as the government might be wary of agitating loyal Google users in China, who tend to be highly educated and vocal.

In a move to boost tourism and investment from China, the Panamanian government relaxed its visa policies for Chinese visitors in October 2017, allowing mainland travellers to enter Panama with just an electronic visa stamped in a consulate.3

The trade representative, Mr. Lighthizer — who formally initiated the Section 301 investigation into China's trade practices — is considered a hard - liner on trade issues and skeptical of the Chinese government's recently announced moves to open up their markets.

The move was widely seen as a further sign of the shifting priorities of the Chinese government, with more of a focus on stability and risk management, rather than on the creation of additional debt in order to sustain previous levels of growth.

Chiang was the son of Chiang Kai - shek, the leader of the Republic of China's Military Government from the 1930s to 1975 (from 1949 since the Chinese Civil War, Republic of China's central government moved tGovernment from the 1930s to 1975 (from 1949 since the Chinese Civil War, Republic of China's central government moved tgovernment moved to Taiwan).

Some examples: China bans foreign entities from owning land, currency restrictions make it hard for companies to move funds abroad, Chinese companies are known for violating patents, and finally the government often blocks foreign operations to support domestic competition.

National Democratic Congress (NDC) Member of Parliament for Bolgatanga Central, Isaac Adongo, has lambasted Vice President Bawumia's justification of government's decision to borrow $ 15 billion from the Chinese government, labeling the move as «frightening, scary and reckless,» particularly when he, Dr. Bawumia, criticized the Mahama government for contracting a much lesser amount.

In reaction to moves by the British Olympic Association to restrict British athletes from raising concerns about human rights in China, Michael Wills, Minister of State for Justice, indicated that the government was continuing with its dialogue with the Chinese about human rights issues.

SHANGHAI, CHINA — In a move few scientists anticipated, the Chinese government has decreed that all scientific data generated in China must be submitted to government - sanctioned data centers before appearing in publications.

Now that she has established an independent research group at IBP and successfully competed for Chinese government grants, Perrett says that the move to China was positive for her professional development.

Even though the Conservative government closed the business - immigrant scheme in 2014, affluent ethnic Chinese eager to buy real estate continue to move to Metro through the back door of Quebec's business - immigrant program.

In an encouraging move, the Burmese government has officially requested Chinese help in tackling the illegal outflow of wood.

Most high - end restaurants in China continue to serve shark fins to customers despite the Chinese government's move to phase out from official functions dishes with ingredients from threatened shark species.

Suntech's move may have also been spurred by the Chinese government, as Elizabeth Balkan at NEEDigest notes.

After graduating in Law in Portugal, Julia moved to Macau in 1995, where she first worked as a legal adviser to the Macau Government in preparation for the handover from Portuguese to Chinese administration until 1999.

While Donald Trump said he would «create incentives» to tempt Apple into moving its facilities to the States, they are unlikely to come anywhere near the kind of aid and tax breaks the Chinese government has given the Foxconn facility.

The move is necessary to comply with local laws, but has drawn criticism for exposing customers to the authoritarian Chinese government.

The decision seems to have come after a move by the Chinese government to freeze the assets of Faraday's main — some say sole — investor.

Of course, while Cook has long been an outspoken consumer privacy advocate, doubts have been raised about Apple's recent move to transfer Chinese iCloud operations to a local firm that is supervised by a board run by government - owned businesses and with close ties to the ruling Chinese Communist Party.

The Chinese government is reportedly moving to block domestic access to overseas websites that offer services for cryptocurrency trading and ICO investments.

Chinese search giant Baidu is set to bring its driverless car testing to the US in a move that sees the firm advocating coordination with the US government to get self - driving cars on the road.

The Chinese government apparently was concerned over investor speculation in the digital currency, and in particular in the use of Bitcoin to move money outside the country.

The move is tied to the Chinese government's January announcement that VPNs will need state approval in order to be allowed within the country.

If ICOs and Blockchain startups simply move to Hong Kong, Singapore and Japan, countries that have expressed their optimism towards ICOs, the ban on ICOs by the Chinese government will only hurt the Chinese Blockchain sector.

After Chinese government banned digital currency exchanges, they both moved to Hong Kong.

I personally was in the former camp, and even argued that the Chinese government was moving to establish Bitcoin as a sort of «special economic zone».

If Chinese miners are forced by the government to give up their operations and move elsewhere, miners will simply relocate to better regions with cheaper resources such as Chile and Norway to continue their mining pools.

The Chinese government's decision to cease the operations of all cryptocurrency exchanges except for Okcoin and Huobi right before the nation's virtual currency regulations are set to come into effect, has led to speculation that the surviving exchanges may be the only cryptocurrency exchanges permitted to operate in China moving forward.

Rumours suggesting the Chinese government was moving to block Bitcoin related traffic on its networks have been dismissed.

There have also been some rumours floating that the Chinese government would eventually move in on Bitcoin miners.

Even though the Chinese government might not be the one behind this shutdown, it is arguably the most en - mass move on cryptocurrency exchanges currently.

While China has spent the past year implementing a series of prohibiting regulations that have made it almost impossible for the cryptocurrency industry to thrive within the country, Chinese crypto enthusiasts have not let government regulation prevent them from moving forward with crypto and Blockchain innovation.

And yet the Chinese government is moving to ban exchanges and legislate cryptocurrency in China to death.

Some Chinese buyers are purchasing homes purely as investments, capitalizing on surging rents in many parts of the U.S. Others are trying to move their money beyond the reach of the Chinese government.