China has sought to frame the claims as conspiracy theories created to divert attention from the US government’s own handling of the coronavirus, and suggested that the Fort Detrick military base in …
Monthly Archives For May 2021
21 ultramarathon runners die from cold weather in China
Twenty-one ultramarathon runners have been confirmed dead after they were submerged in extreme cold weather during a cross-country race in the mountains of northwestern China over the weekend, local …
China mourns beloved scientist Yuan Longping who saved millions from hunger — and detains those who insult him
As people across China this weekend mourned Yuan Longping, a symbol of China’s scientific prowess and national hero, even the slightest voice of discord was too much for the Chinese government.
India doubled engineering exports to China in FY21 at $4.8 billion
India’s engineering exports to 23 out of 25 key markets, including US, China, Germany and Italy showed positive year-on-year growth in the first month of FY21 …
Crypto miners look beyond China as government threatens crackdown
Some cryptocurrency mining operators reportedly have halted activities in China and are looking overseas for alternative sites, amidst increasing scrutiny from the Chinese government.
Bitcoin price – live: Crypto market hangs in balance as China announces new mining crackdown
The price of bitcoin fell to almost 50 per cent of its all-time high on Sunday after China announced yet another crackdown on crypto mining. Ethereum (ether), Cardano (ada), dogecoin and other major …
China furious as new report suggests Wuhan lab staff sought hospital care weeks before Covid-19 outbreak was disclosed
Researchers from China’s Wuhan Institute of Virology became so ill in November 2019 that they required hospital treatment, the Wall Street Journal has reported as the international community continues …
China accuses US of hyping theory that coronavirus escaped from Wuhan lab
A WHO-led investigation in China earlier this year found it “extremely unlikely” that the virus came from a lab leak.. Read more at straitstimes.com.
Quotable quotes from Tsinghua PBCSF Global Finance Forum
Themed on “New Pattern, New Development, New Finance”, the 2021 Tsinghua PBCSF Global Finance Forum was held in Beijing on May 22 and 23. Distinguished guests from the government, industry and …
Inside the race to avert disaster at China’s biggest ‘bad bank’, the Huarong Asset Management Co
Huarong Asset Management Co has been in full crisis mode ever since it delayed its 2020 earnings results, eroding investor confidence. Executives have come to expect to be summoned by government …
Crypto miners start move to North America as China vows crackdown
Chinese crypto mining companies are moving their operations abroad after a State Council committee called for a crackdown on the industry.
INSIGHTS | The only rundown you’ll need on JD Logistics’ IPO
JD Logistics is a loss-making company that offers great service at lower profit margins. Can it fend for itself once it goes public?
Commodity prices slide as China warns of ‘excessive speculation’ – business live
China Targets ‘Speculators and Hoarders’ to Stop Commodity Boom Worth noting copper, steel, aluminium and iron ore getting hammered on chinese exchanges on back of authorities crack-down. Likely a …