Beijing's bitcoin crackdown sends market sliding
Beijing: Australian start-ups say a move by the Chinese government to crack down on Bitcoin signals the end of the gold rush.
Kirsty Needham is China Correspondent for The Sydney Morning Herald and The Age
Beijing: Australian start-ups say a move by the Chinese government to crack down on Bitcoin signals the end of the gold rush.
The Chinese government has officially put the brakes on Chinese companies pouring big money into overseas property development, issuing rules likely to have a significant impact in Australia.
Beijing: China has expressed "grave concern" at the Trump administration's probe into whether China steals intellectual property and discriminates against US technology companies.
Crown Resorts' head of VIP operations, Jason O'Connor, has been released from a Shanghai prison on Saturday.
Crown staff have been handed shorter than expected jail terms.
Crown staff including executive Jason O'Connor are expected to plead guilty when their court case is heard today in Baoshan District Court, outside Shanghai.
Billion-dollar hotel developments in Sydney and Queensland, a shareholding in Virgin Australia, and the Australia's biggest cinema chain will come under the scrutiny of Chinese regulators trying to rein in a US$215 billion ($284 billion) overseas buying spree by Chinese companies.
Australia is the third most popular destination for ultra-rich Chinese to invest wealth offshore, a new report shows.
Crown will be hoping the cases of South Korean casino marketers convicted in China serve as a guide to what comes next.
Once one of China's most powerful steel executive will serve 15 years in prison after corruption and bribery conviction.
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