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When Chinese authorities cracked down on cryptocurrency mining in May, earnings soared for miners in other countries. In April, 46 percent of all mining took place in China, according to data from the Cambridge Centre for Alternative Finance. In a matter of weeks, all that mining capacity went offline.
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In addition, Nissan (Stock Quote: NSANY ) and its French partner Renault signed an agreement with the Chinese government to develop electric cars and a network of battery charging stations in Wuhan, China. How to Buy it Cheap Treasury Launches Auto Supply Program Would You Drive GM's PUMA? automakers in their own market.
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