China Archives - FortuneZ

Japan Raises Concerns Over China Blacklist On Overseas Casino Tourism Destinations

February 22, 2021

The Japanese government has refrained from commenting following a question from House of Representatives member Kenji Eda regarding concerns that Japan’s first integrated resort developments could see the nat...

China Set To Expand Blacklist Of Overseas Casino Tourist Destinations

January 27, 2021

China’s Ministry of Culture and Tourism is preparing to expand a “blacklist” of overseas tourist destinations it says are attracting Chinese tourists for gambling activities. Chinese state-run news agency Xi...

Nasdaq-Listed Crypto Firm Accused Of Defrauding Investors With Fake Bitcoin Mining Business

January 24, 2021

A class-action lawsuit was filed on Wednesday in the Southern District Court of New York against Bit Digital Inc., its CEO Min Hu, and CFO Erke Huang. Bit Digital, a holding company listed on Nasdaq under th...

Beijing To Hold Pilots To Promote Country’s CBDC

January 24, 2021

Beijing to hold pilots to promote country's CBDC. According to a report on Sunday from Chinese state media outlet Global Times, Beijing's mayor said the capital will hasten development of "demonstration zones...

Shanghai Starts Construction Of E-Sports Centre

January 12, 2021

Shanghai starts construction of Esports centre. In a bid to become the leader in competitive gaming, Shanghai has started the construction of an e-sports arena. The site, known as the Shanghai International ...

PBoC Introduces Physical Card Wallet To Test Digital Yuan

January 10, 2021

PBoC introduces physical card-wallet to test digital yuan. According to news reported on January 5 by Tencent News, employees at Shanghai Jiao Tong University School of Medicine’s Tongren Hospital used the di...

Selected Shenzhen Residents Will Receive Lottery ‘Red Envelopes’ With Digital Yuan

January 4, 2021

Selected Shenzhen residents will receive lottery 'red envelopes' with digital yuan. The city of Shenzhen is offering its citizens the opportunity to register to participate in a municipal lottery as of last w...

China’s New Criminal Law Creates New Crime Against Cross Border Casinos

December 30, 2020

China's new criminal law creates new crime against cross border casinos. An amendment to its criminal law has been passed by China's National People's Congress which will, from 1 March 2021, establish a new c...

China Bitcoin Miners ‘Heavily Affected’ After Country’s Coal Standoff

December 28, 2020

China bitcoin miners 'heavily affected' after country's coal standoff. Reports detail that there have been problems with electrical shortages among Chinese miners. Lylian Teng, financial columnist for 8btc.co...

Landing International Chairman Yang Zhihui Resigns From Board Of Chinese Marine Diving Company Amid Investigation Into Market Manipulation

December 16, 2020

Landing International Development Ltd Chairman Yang Zhihui has resigned from the board of Chinese marine diving equipment producer China Dive Company Limited amid allegations he manipulated the securities mar...