At least 25 people were killed in subway cars amid devastating flooding that wrought havoc in eastern China on Tuesday. The city of Zhengzhou, the capital of Henan Province and home to more than ten…
Monthly Archives For July 2021
US turns cyberspace into another anti-China battlefield, ‘futile to contain Beijing’
PM In an apparent attempt to contain China and as part of its ceaseless efforts to form an anti-China chorus among its major allies, the Biden administration is seeking to turn cyberspace into a new…
Volvo Cars to Take Full Control of its Chinese Business From Automaker Geely as it Explores a Possible IPO
Swedish automaker Volvo Cars has struck a deal to buy out parent company Zhejiang Geely Holding (Geely) from its joint ventures in China, in a move that could make a possible initial public offering …
New Monkey Bee virus outbreak in Corona: one death in China
Beijing: A new virus named Monkey Bee has knocked on the door of the world due to the havoc of Corolla virus that came from China. The first case of corona was reported in the…
Veterinarian dies of rare Monkey B virus, the first documented human case in China
A 53-year-old veterinary surgeon in Beijing died after contracting the Monkey B virus, the first documented human case in China.
Finance Ministry issues 100m yuan for C China flood response
The Ministry of Finance issued an emergency relief fund of 100 million yuan ($15.45 million) on Wednesday to Central China’s Henan province, which was hit by flooding this week. A part of the fund -…
China Has Purged All BTC Miners, but the Country May Suffer More Than the Currency
China has finally gotten rid of all bitcoin miners, and it seems like the country is going to suffer a lot more than the currency will.
Changes in China’s military flights around Taiwan may mean Chinese pilots are learning new tactics
Observers have noted an increased presence of early-warning and electronic-warfare aircraft with China’s fighter-bombers on flights near Taiwan.
Shenzhen launches pilot autonomous taxi service
The southern Chinese metropolis of Shenzhen has for the first time launched a pilot autonomous taxi service for the public. Shenzhen-based company DeepRoute said its robotaxi program is available to …
China earmarks 100 mln yuan of relief funds to flood-hit Henan
BEIJING, July 21 (Xinhua) — China’s Ministry of Finance on Wednesday earmarked 100 million yuan (about 15.42 million U.S. dollars) of disaster relief funds for Henan Province that has been ravaged by …
Aussie Wine Exports to Hong Kong Soar After China Tariff Hit
Australian wine companies may have hit a big roadblock in getting bottles to China because of sky-high tariffs. But the road to Hong Kong appears to be wide open.Shipments to the city rocketed 111% in…
Bitcoin Miner Core Scientific To Go Public At $4 Billion Valuation As U.S. Crypto Mining Gains Steam On China Crackdown
Core Scientific, one of the largest cryptocurrency miners in the United States, announced Wednesday it plans to list on the Nasdaq exchange in a deal that values the four-year-old company at $4.3 …
FTX Now Valued at $18B After Largest Funding Round in Crypto History, Why Blockchain Adoption May Not Solve China’s Digital Inequality
“The Hash” hosts discuss today’s hot topics: what crypto exchange FTX is planning to do with its latest $900 million funding round, could BlockFi face more regulatory scrutiny after New Jersey’s …