Bitcoin falls as China takes aim once again at ‘extremely harmful’ crypto mining

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But as Beijing tightens its grip, fears grow of a crisis in China’s real estate sector that ripples into the broader economy. CNN’s Selina Wang reports.”},{“title”:”Timeline: China’s crackdown on private enterprise”,”duration”:”02:49″,”sourceName”:”CNNBusiness”,”sourceLink”:”www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/02/china-crackdown-private-enterprise-economy-pkg.cnnbusiness/index.xml”,”videoId”:”business/2021/11/02/china-crackdown-private-enterprise-economy-pkg.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211102120102-china-crackdown-stout-pkg-large-169.jpg”,”videoUrl”:”/videos/business/2021/11/02/china-crackdown-private-enterprise-economy-pkg.cnnbusiness/video/playlists/business-china/”,”description”:”China’s crackdown on private enterprise kicked off with the scrapped IPO of Alibaba’s Ant Group on November 3, 2020. Since then, Beijing has tightened its grip on the activities of companies across an array of sectors. But will it wind down as China’s economic growth slows? CNN’s Kristie Lu Stout reports.”,”descriptionText”:”China’s crackdown on private enterprise kicked off with the scrapped IPO of Alibaba’s Ant Group on November 3, 2020. Since then, Beijing has tightened its grip on the activities of companies across an array of sectors. But will it wind down as China’s economic growth slows? CNN’s Kristie Lu Stout reports.”},{“title”:”Munger: Communist China handles economic booms better than capitalist America”,”duration”:”03:01″,”sourceName”:”CNN”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/11/02/charlie-munger-taxes-china-gr-orig.cnn/index.xml”,”videoId”:”business/2021/11/02/charlie-munger-taxes-china-gr-orig.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210224132441-charlie-munger-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/11/02/charlie-munger-taxes-china-gr-orig.cnn/video/playlists/business-china/”,”description”:”Billionaire investor Charlie Munger weighs in on Biden’s economic plan and what he says communist China gets right.”,”descriptionText”:”Billionaire investor Charlie Munger weighs in on Biden’s economic plan and what he says communist China gets right.”},{“title”:”Christmas trees may be hard to come by this year”,”duration”:”02:31″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/10/18/christmas-tree-supply-chain-issues-pkg.cnnbusiness/index.xml”,”videoId”:”business/2021/10/18/christmas-tree-supply-chain-issues-pkg.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/211018080947-christmas-tree-shortage-supply-chain-large-169.jpg”,”videoUrl”:”/videos/business/2021/10/18/christmas-tree-supply-chain-issues-pkg.cnnbusiness/video/playlists/business-china/”,”description”:”CNN’s David Culver follows the supply chain from a factory in southern China to a wholesaler in New Jersey, where the National Tree Company’s CEO is warning that consumers will have to dish out more for an artificial Christmas tree this year.”,”descriptionText”:”CNN’s David Culver follows the supply chain from a factory in southern China to a wholesaler in New Jersey, where the National Tree Company’s CEO is warning that consumers will have to dish out more for an artificial Christmas tree this year.”},{“title”:”China’s energy crunch is hitting factories hard”,”duration”:”03:13″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/09/30/china-economy-energy-crunch-pkg.cnnbusiness/index.xml”,”videoId”:”business/2021/09/30/china-economy-energy-crunch-pkg.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210930103942-power-grid-china-large-169.jpg”,”videoUrl”:”/videos/business/2021/09/30/china-economy-energy-crunch-pkg.cnnbusiness/video/playlists/business-china/”,”description”:”Demand for Chinese goods is surging as the global economy emerges from the pandemic, increasing use of China’s electricity-hungry factories. But since electricity prices are regulated in China, some power companies are losing money and hesitant to boost production. At the same time, China is trying to meet its ambitious climate goals. CNN’s Selina Wang reports.”,”descriptionText”:”Demand for Chinese goods is surging as the global economy emerges from the pandemic, increasing use of China’s electricity-hungry factories. But since electricity prices are regulated in China, some power companies are losing money and hesitant to boost production. At the same time, China is trying to meet its ambitious climate goals. CNN’s Selina Wang reports.”},{“title”:”Huawei executive Meng Wanzhou hailed a hero upon return to China”,”duration”:”01:07″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/intl_business/2021/09/27/huawei-executive-meng-wanzhou-returns-to-china-biz-vpx.cnn/index.xml”,”videoId”:”intl_business/2021/09/27/huawei-executive-meng-wanzhou-returns-to-china-biz-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210927004244-01-meng-wanzhou-china-return-0925-large-169.jpg”,”videoUrl”:”/videos/intl_business/2021/09/27/huawei-executive-meng-wanzhou-returns-to-china-biz-vpx.cnn/video/playlists/business-china/”,”description”:”Huawei executive Meng Wanzhou, who spent nearly three years in house arrest in Canada, returned home late Saturday, ending a u003ca href=”https://www.cnn.com/2021/08/19/business/meng-wanzhou-huawei-extradition-canada-intl-hnk/index.html” target=”_blank”>prolonged extradition fightu003c/a> with the United States and sparking an outburst of national pride in China, where her release has been portrayed as a diplomatic victory for Beijing.”,”descriptionText”:”Huawei executive Meng Wanzhou, who spent nearly three years in house arrest in Canada, returned home late Saturday, ending a u003ca href=”https://www.cnn.com/2021/08/19/business/meng-wanzhou-huawei-extradition-canada-intl-hnk/index.html” target=”_blank”>prolonged extradition fightu003c/a> with the United States and sparking an outburst of national pride in China, where her release has been portrayed as a diplomatic victory for Beijing.”},{“title”:”Chinese property giant Evergrande is on the brink of default”,”duration”:”02:49″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/09/16/china-evergrande-group-debt.cnnbusiness/index.xml”,”videoId”:”business/2021/09/16/china-evergrande-group-debt.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210914012850-02-evergrande-protest-0913-large-169.jpg”,”videoUrl”:”/videos/business/2021/09/16/china-evergrande-group-debt.cnnbusiness/video/playlists/business-china/”,”description”:”Chinese property giant Evergrande is warning that it’s struggling to pay back its $300 billion of debt. Dozens of investors staged a protest at the firm’s Shenzhen headquarters, calling on the company to repay its loans. CNN’s Kristie Lu Stout reports.”,”descriptionText”:”Chinese property giant Evergrande is warning that it’s struggling to pay back its $300 billion of debt. Dozens of investors staged a protest at the firm’s Shenzhen headquarters, calling on the company to repay its loans. CNN’s Kristie Lu Stout reports.”},{“title”:”Why there is skepticism surrounding video game ‘addiction'”,”duration”:”02:47″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/09/10/are-video-games-addictive-china-stout-pkg-intl-vpx.cnn/index.xml”,”videoId”:”business/2021/09/10/are-video-games-addictive-china-stout-pkg-intl-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210910074733-video-games-stout-pkg-vpc-large-169.jpg”,”videoUrl”:”/videos/business/2021/09/10/are-video-games-addictive-china-stout-pkg-intl-vpx.cnn/video/playlists/business-china/”,”description”:”CNN’s Kristie Lu Stout unpacks the debate over u003ca href=”https://edition.cnn.com/2021/09/09/tech/tencent-netease-video-games-intl-hnk/index.html” target=”_blank”>video game “addiction,”u003c/a> looking into what prompted the WHO to introduce “gaming disorder” as a new mental health condition, why there is still a lack of consensus among Western psychologists over the issue, and what measures are effective to protect the physical and mental health of minors when it comes to gaming.”,”descriptionText”:”CNN’s Kristie Lu Stout unpacks the debate over u003ca href=”https://edition.cnn.com/2021/09/09/tech/tencent-netease-video-games-intl-hnk/index.html” target=”_blank”>video game “addiction,”u003c/a> looking into what prompted the WHO to introduce “gaming disorder” as a new mental health condition, why there is still a lack of consensus among Western psychologists over the issue, and what measures are effective to protect the physical and mental health of minors when it comes to gaming.”},{“title”:”Decoupling from China isn’t easy. Just look at the PPE market”,”duration”:”03:35″,”sourceName”:”CNN”,”sourceLink”:”https://edition.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/09/06/us-trade-dependency-china-ppe-sebastian-pkg-intl-hnk-vpx.cnn/index.xml”,”videoId”:”business/2021/09/06/us-trade-dependency-china-ppe-sebastian-pkg-intl-hnk-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210906125744-us-trade-dependency-china-ppe-sebastian-pkg-intl-hnk-vpx-00012211-large-169.png”,”videoUrl”:”/videos/business/2021/09/06/us-trade-dependency-china-ppe-sebastian-pkg-intl-hnk-vpx.cnn/video/playlists/business-china/”,”description”:”In February, US President Joe Biden denounced America’s dependency on Chinese protective equipment and announced several measures to shore up local producers. But as u003ca href=”http://www.cnn.com/profiles/clare-sebastian-profile” target=”_blank”>Clare Sebastianu003c/a> reports, the PPE industry shows just how difficult this is in practice.”,”descriptionText”:”In February, US President Joe Biden denounced America’s dependency on Chinese protective equipment and announced several measures to shore up local producers. But as u003ca href=”http://www.cnn.com/profiles/clare-sebastian-profile” target=”_blank”>Clare Sebastianu003c/a> reports, the PPE industry shows just how difficult this is in practice.”},{“title”:”China limits amount of time minors can play online video games (August 2021)”,”duration”:”02:11″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/08/31/china-video-games-ban.cnnbusiness/index.xml”,”videoId”:”business/2021/08/31/china-video-games-ban.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210831103229-china-video-game-ban-large-169.jpg”,”videoUrl”:”/videos/business/2021/08/31/china-video-games-ban.cnnbusiness/video/playlists/business-china/”,”description”:”China has barred online gamers under the age of 18 from playing on weekdays and limited their play to just three hours most weekends. CNN’s Steven Jiang reports.”,”descriptionText”:”China has barred online gamers under the age of 18 from playing on weekdays and limited their play to just three hours most weekends. CNN’s Steven Jiang reports.”},{“title”:”Beijing’s regulatory crackdown hit stocks in China and the US”,”duration”:”01:49″,”sourceName”:”CNNBusiness”,”sourceLink”:”cnnbusiness.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/07/26/china-education-crackdown-stocks-qmb-vpx.cnnbusiness/index.xml”,”videoId”:”business/2021/07/26/china-education-crackdown-stocks-qmb-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210726074220-new-oriental-education-technology-group-beijing-0531-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/07/26/china-education-crackdown-stocks-qmb-vpx.cnnbusiness/video/playlists/business-china/”,”description”:”Allianz Chief Economic Adviser Mohamed El-Erian discusses China’s regulatory crackdown on private education firms.”,”descriptionText”:”Allianz Chief Economic Adviser Mohamed El-Erian discusses China’s regulatory crackdown on private education firms.”},{“title”:”What does the future hold for Chinese companies listed in the US? “,”duration”:”03:28″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/07/22/chinese-companies-stocks-clare-sebastian-pkg-intl-ldn-vpx.cnn/index.xml”,”videoId”:”business/2021/07/22/chinese-companies-stocks-clare-sebastian-pkg-intl-ldn-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210722153033-split-china-tech-company-listing-large-169.jpg”,”videoUrl”:”/videos/business/2021/07/22/chinese-companies-stocks-clare-sebastian-pkg-intl-ldn-vpx.cnn/video/playlists/business-china/”,”description”:”Tough US laws u003ca href=”https://edition.cnn.com/2020/12/03/investing/us-bill-china-stock-exchange-intl-hnk/index.html” target=”_blank”>requiring audits for foreign companiesu003c/a> and u003ca href=”https://edition.cnn.com/2021/07/07/tech/china-didi-data-tech-crackdown-intl-hnk/index.html” target=”_blank”>a growing crackdown on Chinese tech industryu003c/a> by Beijing are putting the future of Chinese companies listed in the US into question. CNN’s Clare Sebastian reports. “,”descriptionText”:”Tough US laws u003ca href=”https://edition.cnn.com/2020/12/03/investing/us-bill-china-stock-exchange-intl-hnk/index.html” target=”_blank”>requiring audits for foreign companiesu003c/a> and u003ca href=”https://edition.cnn.com/2021/07/07/tech/china-didi-data-tech-crackdown-intl-hnk/index.html” target=”_blank”>a growing crackdown on Chinese tech industryu003c/a> by Beijing are putting the future of Chinese companies listed in the US into question. CNN’s Clare Sebastian reports. “},{“title”:”China widens crackdown on LGBTQ groups and content “,”duration”:”03:35″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2021/07/09/china-wechat-lgbtq-crackdown-culver-pkg-intl-hnk-vpx.cnn/index.xml”,”videoId”:”business/2021/07/09/china-wechat-lgbtq-crackdown-culver-pkg-intl-hnk-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210709120835-china-wechat-lgbtq-crackdown-culver-pkg-intl-hnk-vpx-00023723-large-169.png”,”videoUrl”:”/videos/business/2021/07/09/china-wechat-lgbtq-crackdown-culver-pkg-intl-hnk-vpx.cnn/video/playlists/business-china/”,”description”:”China’s popular social media and messaging app WeChat is accused of wiping almost all public LGBTQ accounts run by Chinese university students. The sweeping move has sparked worries that there’s a wider crackdown on online gay content underway. CNN’s David Culver examines why there might be a broader effort at play to target LGBTQ freedoms in China and how some are pushing back.”,”descriptionText”:”China’s popular social media and messaging app WeChat is accused of wiping almost all public LGBTQ accounts run by Chinese university students. The sweeping move has sparked worries that there’s a wider crackdown on online gay content underway. CNN’s David Culver examines why there might be a broader effort at play to target LGBTQ freedoms in China and how some are pushing back.”},{“title”:”China to allow parents to have up to three children”,”duration”:”02:18″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/31/china-three-child-policy.cnnbusiness/index.xml”,”videoId”:”business/2021/05/31/china-three-child-policy.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210531032604-newborn-babies-china-file-2018-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/31/china-three-child-policy.cnnbusiness/video/playlists/business-china/”,”description”:”The Chinese Communist Party made the decision to permit couples to have up to three children, as the government looks to combat the effects of an aging population.”,”descriptionText”:”The Chinese Communist Party made the decision to permit couples to have up to three children, as the government looks to combat the effects of an aging population.”}],’js-video_headline-featured-cqe96f’,”,”js-video_source-featured-cqe96f”,true,true,’business-china’);if (typeof configObj.context !== ‘string’ || configObj.context.length