The bottom line is that in addition to their inherent risks, cryptocurrencies now face added regulatory burdens. For these reasons, they are speculative instruments rather than a legitimate asset …
Monthly Archives For May 2021
Xiaomi, Oppo, Realme, and other Chinese brands further slash shipment goals
Chinese smartphone manufacturers have apparently lowered their handset shipment goals for 2021 again. This reportedly includes major brands like Xiaomi, Oppo, Realme, and Honor, which have already …
What’s on new CEO Liang Rubo’s agenda ahead of the ByteDance IPO?
C hina tech watchers got a shock when they woke up last week to news that ByteDance CEO Zhang Yiming had decided to step down. Zhang was candid about the decision in a company blog…
Biden orders US intel to further probe COVID-19 origins, raise ‘questions for China’
President Joe Biden is asking the U.S. intelligence community to “redouble their efforts” and submit another report to him within 90 days on the origins of COVID-19.
Beijing bars diplomats from trial of Chinese-Australian writer Yang Jun
Beijing has held a closed-door trial against a prominent Chinese-Australian writer who is accused of spying, with diplomats barred from entering the heavily guarded courtroom.Yang Jun, 56, who once …
China ‘cover-up’ hampering investigation into COVID origin: top US general
More than 15 months after the start of the coronavirus pandemic, the U.S. military’s top officer says the evidence of its origin remains “inconclusive” but says a “cover-up,” by the Chinese government …
Senate tests willingness to preserve filibuster with China, Jan. 6 commission votes
Blocking two pieces of bipartisan legislation could have wide ranging repercussions for President Joe Biden’s agenda.
The EU and U.S. are on Track to Ban AI, Handing the 21st Century to China | Opinion
Supporters of brutal AI regulation in D.C. and Brussels will argue that we need it to protect against a Chinese surveillance state. But perhaps as well as protecting against China’s excesses, we …
China’s April PVC exports rise 8% on month to record high amid bullish demand
China’s PVC exports rose 7.8% month on month to a record high of 247,073 mt in April, China Customs data released May 27 showed, as Chinese suppliers accelerated exports in a bullish market. From a…
China’s April net gold imports via Hong Kong near 3-year peak
China’s net gold imports via Hong Kong jumped in April from the previous month to the highest since June 2018, as demand from the world’s top bullion consumer staged a strong rebound from last year’s…
China accuses Biden of playing politics with investigation into coronavirus’ origin
China is accusing the Biden administration of playing politics in calling for a renewed investigation into the origin of the coronavirus.
China science, technology news summary — May 27
The following is a summary of published science and technology news of China PHASE-3 TRIALS OF COVID-19 VACCINES Two inactivated va …
A Temporary U.S.-China Trade Truce Starts to Look Durable
Last year’s deal could set the rules for global commerce for years to come, leaving the door open to lavish Chinese subsidies and unilateral American tariffs.