China and the US, both having highly centralized economies, also hold striking uniformity in generating financial crises. While America put the submortgage crisis in the rearview mirror, China seems …
Monthly Archives For August 2021
This Countries Will Become The New Mining Capitals After China Crackdown
China took its latest step in a long-running campaign to ban cryptocurrencies. It imposed a full-scale legal ban on crypto mining in 6 regions of the country. The “China Exodus” has effectively forced …
Bitcoin hashrate triples since June 28 in recovery from China syndrome
The hashrate for the Bitcoin network has made a remarkable recovery since it crashed following China’s crypto mining clampdown earlier this year. The Bitcoin hashrate has now topped 150 …
China Reports 4 New Local COVID-19 Cases on Wednesday
The Chinese mainland recorded four new local COVID-19 cases on Tuesday, according to a daily report by China’s National Health Commission on Wednesday. Two cases were reported in Shanghai, taking the …
China says US army must be held accountable for Afghanistan actions
GENEVA: China’s envoy told the UN Human Rights Council on Tuesday that the US army and the militaries of its coalition partners should be held accountable for rights violations allegedly committed in …
Cotton linter import of China in Jul exceeds 20kt again
Chinese cotton linter supply is short this year and the imports have seen blowout growth. In Jul, the import volume hits 5-year high by exceeding 20kt again, which is close to the peak in Apr.…
Changes in China beef import supply
It seems likely there will be some adjustment off the extraordinarily high import levels brought about by the ASF outbreak.
China’s carmakers increasingly electric per S&P report
China’s auto industry is going green … The report also noted Chinese local brands are likely to continue to dominate the country’s NEV market for the next one to two years. CPCA data showed among…
Fed’s coronavirus response under fire from China as Beijing seeks to go its own way
So with stronger capital constraints now less likely, something else will have to budge if the quest for monetary autonomy means China adds stimulus even as the US Federal Reserve withdraws it. And …
Sika Acquires Shenzhen Landun Holding
Disclaimer | Accessibility Statement | Commerce Policy | Made In NYC | Stock quotes by finanzen.net (RTTNews) – Sika AG (SXYAY.PK, SKFOF.PK) said that it acquired Shenzhen Landun Holding Co., Ltd …
China-Europe trains have boosted investment and trade across Eurasia
China’s proposal of linking China with Europe with freight trains got enthusiastic response from more than 20 countries in Eurasia, although it took some time for the countries to work out rules and …
China Calls Biden ‘Laughing Stock as COVID Origins Probe Reportedly Ends Inconclusively
The U.S. Intelligence Community still doesn’t have a definitive conclusion for how the COVID-19 pandemic began and there are a number of questions that have to be answered.
China to add ‘Xi Jinping Thought’ to national curriculum
China will incorporate “Xi Jinping Thought” into its national curriculum to help “establish Marxist belief” in the country’s youth, the education ministry said in new guidelines published on Tuesday.