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Beijing's complicated relationship with crypto

Digital assets and blockchain-based financial services have the potential to cause a major shift in the global financial world. However, Beijing is particularly concerned about crypto mining due to its high power demand. The leadership is announcing new measures against mining and threatening to raise prices. But Beijing can't quite let go of digital currencies – and continues to allow companies like Huobi to participate in the crypto boom.

By Frank Sieren

Sinolytics Radar

IT regulation takes hold

China's cyber and data security regulation is expanding rapidly. Numerous new regulations and stricter enforcement pose increasingly difficult challenges for European companies. Depending on the industry sector and type of data usage, they face a wide range of regulatory requirements.

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