This week on the Caixin-Sinica Business Brief: Reports show that China’s Sichuan Province plans to shutter all bitcoin mining operations in the region; Huawei Technologies has extended a recent move into the high-tech microchip sector with a new investment in high-powered lasers; and the Australian trade minister has announced he will refer China to the World Trade Organization for dispute resolution over 200% tariffs on Australian wine. 

In addition, we speak with Caixin Global managing editor Doug Young about the company Aìhuíshōu (爱回收) and its recent IPO in New York.

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