Bitcoin mining in China is so carbon intensive that it could threaten the country’s emissions reduction targets, according to new research. China wants its emissions to peak in 2030, and has plans to …
Monthly Archives For April 2021
Global Funds Sell China Government Debt First Time in Two Years
(Bloomberg) — Global funds trimmed holdings of China’s sovereign debt for the first time in two years in March, as their yield premium over Treasuries narrowed and the government announced …
China warns U.S. against boycotting Beijing Olympics
China’s government warned Washington on Wednesday not to boycott next year’s Winter Olympics in Beijing after the Biden administration said it was talking with allies about a joint approach to …
Boris Johnson desperately needs a more coherent China strategy
Like many of its global counterparts, the United Kingdom is in desperate need of a China strategy. Many of the world’s middling to large economies have benefited from inward Chinese investment since …
The Latest: 11 new COVID-19 cases in China’s lone outbreak
BEIJING — Chinese officials say 11 more people have been diagnosed with COVID-19 in a southwestern city bordering Myanmar that is the scene of China’s current sole active outbreak. Cases in the Yunnan …
Beijing now has more billionaires than any city
Beijing is now home to more billionaires than any other city in the world, according to the latest Forbes’ annual rich list. The Chinese capital added 33 billionaires last year and now hosts 100, said…
Here’s How to Handle the ‘Genocide Olympics’ in Beijing
The debate over whether to boycott the 2022 Beijing Olympics is heating up, for the Games open next February. The Biden administration says it is not currently discussing a boycott with allies, but …
To Counter Beijing, Send In the Coast Guard
China exploits ambiguity at sea, and the service could be a vital part of the effort to keep the peace.
China EV battery maker Octillion looks to cash in on carbon neutral drive
HEFEI, China (Reuters) – China’s push towards carbon neutrality as well as its growing manufacturing might will allow electric vehicles (EV) to compete equally with standard cars by 2030 and drive …
Today In Payments Around The World: Flipkart Eyes Possible Traditional US IPO; IMF Bolsters 2021 Growth Forecast
The IPO talks are continuing and could change … might have been comprised in an attack on Microsoft email technology that came out of China and exposed tens of thousands of organizations. The news …
The leading Asian tech players eyeing an IPO in 2021
Asian firms are increasingly opting for IPOs as tech stocks boomed amid the pandemic. As such, several startups in the region are looking to strike while the iron’s hot. Tech in Asia’s analysis shows …
China protests transit of US destroyer through Taiwan Strait
China has protested the passage of a U.S. destroyer through the Taiwan Strait in the latest move as both nations increase their naval activity in the region …
Foreign investors face critical legal test for $82bn in China bonds
The secretive restructuring of a high-profile Chinese group with ties to Beijing has emerged as a critical legal test for foreign investors holding tens of billions of dollars in bonds issued by …