We’re in a competition with China and other countries to win the 21st century,’ President Joe Biden said in an April address to a joint session of Congress.
Monthly Archives For May 2021
China’s cryptocurrency regulations are a smart move and other countries should look to do the same
China’s move to regulate crypto is the only way to avoid an almost inevitable disaster for the environment, investors and the financial market in general if cryptocurrency markets are allowed to …
Beijing Counting on Barristers’ Silence as it Attacks Essex Court, Hong Kong Bar
Beijing is counting on the wider barrister community to prioritize financial interest above their values in sanctioning outspoken barristers critical of its policies.
China Refutes Wuhan Lab Leak Theory as Researchers’ Illness Fuels Debate About COVID-19 Origin
China has pushed back on being the origin of the pandemic and has continued to peddle the unfounded theory that America was the starting point.
China Mobile claims net addition of 16.5 million 5G subscribers in April
China ended the first quarter of the year with a total of 819,000 5G base stations, up from 771,000 5G sites at the end of 202 …
Bytedance Rival Kuaishou Technology Reports Q1 In Line With Estimates
Internet stocks were also lower in Hong Kong following Friday’s downdraft in US-listed shares as investors reacted to new regulations affecting after-school tutoring companies such as TAL Education.
Why China banned cryptocurrencies but backs digital yuan
China last week banned financial institutions, including banks and online payment channels, from providing services related to cryptocurrency transactions. Following the announcement, cryptocurrencies …
The race to avert disaster at China’s biggest ‘bad bank’
Huarong’s role in absorbing and disposing of lenders’ soured debt is worth preserving to support the banking sector cleanup, but requires government intervention, according to Dinny McMahon, an …
Fed paying close attention to China digital yuan, Brainard says
The Federal Reserve is paying close attention to China’s progress in developing a digital currency, especially its use in international payments, Fed Governor Lael Brainard said Monday. “It is very …
China’s Cryptocurrency Crackdown Affecting Nearly 70 Percent of Global Crypto Supply
A crackdown on cryptocurrency mining in China contributed to the crypto market losing value again over the weekend, with China’s economy responsible for an estimated 70 percent of the global crypto …
China denies three Wuhan lab researchers fell ill in November 2019
Three scientists at the Wuhan Institute of Virology fell ill as early as November 2019, according to a new report, but China said the report is not true.
DAILY: China’s import iron ore prices dive, trade cools
The prices for Chinese iron ore port stocks and for seaborne iron ore destined for the country declined for the fourth consecutive trading day on May 24, and the trading activities in the two markets…
Fauci bombshell: ‘not convinced’ COVID-19 developed naturally outside Wuhan lab
“I think we should continue to investigate what went on in China,” the leading infectious disease expert said.
