President Joe Biden’s administration plans to delay by two weeks a ban on new U.S. investments in certain Chinese companies, as officials draft guidance to clarify a Trump-era policy that confused …
Monthly Archives For May 2021
China must overhaul vast power grid if it’s serious about tackling climate change: analysts
Beijing says by 2030 it will force grid operators to buy at least 40 per cent of their energy from non-fossil fuel sources.
Bitcoin slides below $40,000 after China’s fresh curbs on crypto transactions
Bitcoin tumbled below the $40,000 mark on Wednesday to a three-and-a-half month low and dragged down the prices of other digital coins after China imposed …
China Cryptocurrency Warning Leads to Crypto Selloff
The People’s Bank of China issued a statement on Tuesday cautioning against the use of cryptocurrencies as a means of payment. What Happened: Despite the fact that Chinese officials were merely …
China releases the first images taken by its Mars rover
China on Wednesday, May 19, released the first images taken by its Mars rover, Zhurong, after it landed on Mars Saturday. A black-and-white image taken by the rover’s obstacle avoidance camera shows a …
China Has Bought 37% of Next Year’s Corn Imports Just From U.S.
China has tapped the U.S. for more than a third of next season’s expected corn imports, accelerating its pace of buying from the world’s top supplier to fill its growing grain needs.
Truss: When will WTO treat China as developed country to stop Beijing’s unfair trade practices?
The UK and its allies have been “too soft” on China and the World Trade Organisation (WTO) needs to get The post Truss: When will WTO treat China as developed country to stop Beijing’s unfair…
Bitcoin plunges as China’s crypto crackdown widens
Three Chinese financial agencies said financial institutions and payment companies should not participate in any transactions related to cryptocurrency, nor should they provide crypto-related services …
Embattled Chinese Property Tycoon Turns to Electric Cars. Cue $87 Billion Valuation.
Evergrande founder Xu Jiayin hasn’t sold any cars yet and his real-estate empire is groaning with debt. But his electric vehicle startup recently notched an $87 billion market cap.
Shenzhen’s landmark electronics skyscraper closed for investigation after shaking triggers panic
SEG Plaza, Shenzhen’s fifth-tallest skyscraper located in the famed Huaquiangbei electronics district, was closed for investigation after shaking caused a panic, even as the city says it is safe.
China Mars Rover Animation Appears to Copy NASA Video Shot for Shot
Despite the crisper animation quality in the Chinese production, many scenes from NASA’s 2011 clip appeared to have inspired last week’s illustration of Zhurong’s arrival on the Red Planet.
Shaking Skyscraper Sends People Fleeing in Shenzhen
A skyscraper in Shenzhen, China, was evacuated on May 18 after local authorities received reports that it was shaking, China’s Global Times reported.The video, posted on Weibo by user Cui Ge, shows …
China must lift sanctions to save EU investment pact, EU parliament to say
China must remove its sanctions on European Union politicians and diplomats if Beijing wants a new investment accord with Brussels to be approved, EU lawmakers are set to say on Thursday according to …
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