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China: Central bank declares all cryptocurrency transactions ‘illegal’

The People’s Bank of China moved to bar all cryptocurrency transactions Friday. Overseas exchanges providing cryptocurrency services to mainland China will be considered illegal. China’s central bank has made all cryptocurrency transactions illegal in mainland China, the...

Extremely dicey combo – China and US Property

The US-China standoff over surveillance and hacking has diverted attention from the steady penetration of Chinese investments in the American real estate industry. Chinese sovereign wealth funds like the China Investment Corporation (CIC) have become...