Cambodia has said little about what happening at the base, worrying the US, which suspects it may be preparations for a Chinese military presence.
Monthly Archives For October 2021
China’s central bank to step up regulation of payments via PoS devices, QR codes
China’s central bank said on Wednesday it will step up regulations on payment activities via point-of-sale devices (PoS) as well as Quick Response codes (QR codes). The move is to enhance regulators’ …
US Is Now the Biggest Bitcoin Mining Center after China’s Crackdown
A study revealed that the United States is now the heavyweight country in the Bitcoin (BTC) mining industry, surpassing China.
Sentury Tire completes IPO; stock trading on Shenzhen Exchange
The Shenzhen Stock Exchange has begun listing Qingdao Sentury Tire Co. Ltd.’s stock, making Sentury the 10th Chinese tire company to be publicly listed. The company’s stock began trading on Sept. 11, …
WHO names new team of scientists to take over coronavirus origins probe
The 26 experts from countries including China, the US, India and Kenya are members of a permanent advisory body known as Sago.
US emerges as biggest Bitcoin miner after China crypto crackdown
The U.S. has become the world’s epicenter for Bitcoin mining after a crackdown in China effectively eliminated the practice in the former cradle of the industry. At the end of August, America …
Honda pledges to only sell EVs in China after 2030
Honda Motor Co. is doubling down on the world’s biggest car market, pledging that all models it introduces in China after 2030 will be electric as CEO Toshihiro Mibe pushes ahead with the Japanese …
‘Contagion is Already Spreading’: What String of Real Estate Company Woes Means for China
“It’s one thing to say that the problem is controllable, it’s another to control it,” said Logan Wright of the Rhodium Group.
Chinese property firms suffer fresh downgrades amid Evergrande crisis
The rumbling crisis at China Evergrande Group and other major homebuilders drove debt market risk premiums on weaker Chinese firms to a record high on Wednesday and triggered a fresh round of credit …
U.S. Becomes New Hashrate King Following Ongoing Beijing Crackdown
Due to a serendipitous confluence of political, geographical, and jurisdictional stability, as well as low-cost energy in U.S. states, coupled with Beijing’s recent crypto crackdown, bitcoin mining is …
Things just got tougher for China’s private firms
Analysts warn that the looming credit crunch to China’s private sector firms could trigger an even sharper slowdown in the world’s second largest economy.
China’s foreign trade maintains robust growth, reports improved quality
China’s foreign trade maintained robust growth with strong resilience and improved quality in the first three quarters of the year, backed …
Coronavirus: China tells WHO to look in ‘other places’ for origin of COVID-19
The first human cases of COVID-19 were reported in the central Chinese city of Wuhan in December 2019. China has repeatedly dismissed theories that the virus leaked from one of its laboratories and …
