Chinas crypto crackdown. Global chip shortage is worsening. A new quad is formed to counter China.
b'Alison Kosik is live from New York. Here are the top business news stories today!\\n\\n\\xa0\\n\\nCrypto crackdown! China brings in tough new measures on cryptocurrency trading and mining. Supply shortages! From chips to petrol to Nike shoes, the global economy feels the crunch! Quad conference \\u2013 the US brings India, Japan and Australia together to counter China\\u2019s rise.\\n\\n\\xa0\\n\\nIts Friday, let\\u2019s make a move.\\nTo learn more about how CNN protects listener privacy, visit cnn.com/privacy\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'