June saw bitcoin bottom out at $28,908, driven by the Chinese government’s escalating campaign to curb crypto mining.
Monthly Archives For July 2021
China jabs deal hailed as leaders tackle COVID-19 economic woes
GENEVA: A global initiative to distribute coronavirus vaccines to poorer countries was boosted on Monday by a deal to buy more than 100 million Chinese jabs, as Asia-Pacific leaders agreed to address …
China delivers 2nd batch of coronavirus inoculations to Kyrgyzstan
(MENAFN) According to the Chinese Embassy in Bishkek, Kyrgyzstan received the second batch of coronavirus inoculations from China. The hand-over ceremony that took place at the Manas International …
Beijing withstands rainstorm, floods with unprecedented preparations
Outdoor sports, cultural and commercial activities were suspended; primary, secondary schools and kindergartens were closed; people living in dilapidated buildings were transferred; thousands of …
South China Sea crisis: Beijing accuses US of ‘provocative actions’ amid rising tensions
SOUTH CHINA SEA tensions have reached boiling point after Beijing accused the US of “provocative actions” and claimed they “drove away” the American destroyer USS Benfold.
Is China Behind Cuba’s Protests Being Censored? How Beijing Could be Linked
Thousands took to the streets in downtown Havana, before reports emerged of internet and cell phone service being lost across Cuba.
Hundreds of flights cancelled and schools shut ahead as Beijing faces biggest storm the year
Entire Beijing has come to a standstill as China’s capital city faces the worst torrential storm of the year, with hundreds of flights cancelled and schools and tourist sites shut. The city’s …
Biden Administration Renews Trump’s Rejection of Beijing’s South China Sea Territorial Claims
The Biden administration renewed its support for a Trump-era policy rejecting the Chinese regime’s territorial claims on the South China Sea.
China ‘recession’ risk sparks ‘unease’ in economic circles, with warnings of quarterly slowdowns
Consumption outlook in the year’s second half ‘remains pessimistic’ for China, and capital outflow could have an impact on the yuan’s exchange rate.
Ambrose: Biden properly sizes up China
For beginners, China is a thief, the equivalent of someone stealing something worth more than $4,000 from every four-person household in America every year, a total of $500 billion. What gets swiped i …
U.S. Reaffirms Commitment to ‘One China’ Policy, Beijing Cuts Banks’ Reserve Requirement, Shanghai Raises Minimum Wage
They have also been following the country’s decision to cut banks’ reserve requirements. 1. U.S. remains committed to “one China” policy The White House (external source, in Chinese) has said that …
Chinese brands shine at Euro 2020
Instead of European nations, China has become the ‘real winner’ of Euro 2020, according to a recent commentary in French newspaper Le Parisien, with four Chinese brands – Hisense, AliPay, Vivo and …
China’s Big Tech crackdown is now targeting national security
In a week, Chinese ride-hailing giant Didi Chuxing went from being a US tech darling to the face of news stage in Beijing’s tech crackdown.