Bitcoin and other cryptocurrencies slumped after the People’s Bank of China reiterated that the digital tokens cannot be used as a form of payment.
Monthly Archives For May 2021
Bitcoin falls 7% after China reportedly bans banks from cryptocurrency business
Three Chinese industry bodies warned investors about the speculative nature of cryptocurrencies, adding that they “are not supported by real value.” …
Missouri attorney general sues China, others over COVID for second time
This comes after the first attempt ended with what the AG’s office calls months of stonewalling from the Chinese government.
Nancy Pelosi calls for diplomatic boycott of 2022 Beijing Olympics, citing human rights abuses
House Speaker Nancy Pelosi called Tuesday for a diplomatic boycott of the 2022 Beijing Olympics, citing human rights abuses by China’s government.
Olympics – Human rights activists urge athletes to boycott Beijing Games
Beijing is set to host the Olympics in February 2022, but the IOC has faced criticism over its decision to award the country the Games in light of China’s human rights record. The calls for…
Pelosi calls for ‘diplomatic boycott’ of Beijing Games
House Speaker Nancy Pelosi on Tuesday called for a “diplomatic boycott” of the Beijing Winter Games if the International Olympics Committee decides to let the event proceed amid human-rights abuses in …
Competition, not war, with China is the future, top Marine says
War with China is not inevitable, but it will take an all-of-government approach to deter it, Marine Corps Commandant Gen. David Berger said Tuesday. The Marine Corps is currently going through a …
CHINA CRYPTO BAN
Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. china crypto ban Blogs, Comments and Archive News on Economictimes.com …
China Bans Banks From Crypto Business, Saying ‘Speculative’ Trading ‘Seriously Infringing’ On Financial Order
Cryptocurrencies have “no real support value” and prices that are “extremely easy” to manipulate, three Chinese industry groups warned.
Niche Brand Mansur Gavriel Enters China Running
Mansur Gavriel is attacking China by launching a flagship store on WeChat and a store in SKP Beijing. But is it already too late for the handbag line?
China’s Neusoft Medical Mulls $400 Million Hong Kong IPO
The medical devices arm of software company Neusoft Corp. is working with advisers on a potential share sale that could raise $400 million to $500 million, said the people, who as …
Shaking of Shenzhen skyscraper sends people fleeing, leading to evacuation and official investigation
A landmark skyscraper in downtown Shenzhen started to shake for unknown reasons on Tuesday afternoon, leading to an emergency evacuation of thousands of people. The Shenzhen Emergency Management …
Panic as 300-metre-high skyscraper wobbles in China
SEG Plaza in Shenzhen, one of country’s tallest buildings, evacuated after it inexplicably starts shaking …
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