The US overtook China as the world’s biggest source of bitcoin mining two months after Beijing banned crypto mining this year, new data has revealed. China’s share of the global hashrate — the …
Monthly Archives For October 2021
Binance to Halt Chinese Yuan Trading Amid Beijing’s Crypto Crackdown
Binance, one of the world’s largest exchange by trading volumes, said in a Wednesday statement it will remove the Chinese yuan section of its consumer-to-consumer platform on Dec. 31 this year, and …
U.S. overtakes China in bitcoin mining after Beijing clampdown
The U.S. is now the leading country for bitcoin mining, doubling its share in the energy-intensive activity in the four months since China began a cryptocurrency crackdown, according to researchers …
China human rights record ‘not our remit,’ says IOC’s John Coates ahead of Beijing Winter Olympics
When asked about the treatment of the Uyghur minority in China, IOC Vice President John Coates said the body has no mandate to act.
High-resolution satellite-based PM2.5 concentration data acquired during the COVID-19 outbreak throughout China: Model, variations and reasons
High spatial resolution and broad spatial coverage data on fine particulate matter (PM2.5) are of great significance to estimating the exposure to PM2.5. However, the data is currently very limited …
China’s Power Problems Expose a Strategic Weakness
The country’s energy inefficiency and dependence on climate-damaging coal threaten to damage its image as a reliable manufacturing base.
China Says Warplane Exercises Are Warnings to Taiwan and U.S.
A Chinese government spokesperson removed any doubt surrounding the intended targets of the recent exercises during a press conference on Wednesday.
China exports up 28% in September; surplus with US grows
China’s exports rose at a slightly faster pace in September while demand for imports of iron ore and other commodities eased as a property construction boom cooled and authorities enforced curbs on …
Binance Will Shut Yuan Trading After Beijing’s Crypto Ban
Binance Holdings Ltd. is shutting down peer-to-peer trading of the yuan, closing one of the last workarounds for Chinese users after Beijing’s blanket ban on cryptocurrency transactions.Most Read from …
China economic collapse: After Evergrande, Modern Land struggling to pay its debts
Shares in Modern Land fell more than 2 per cent in Hong Kong on Monday. The stock is down 45 per cent this year. News of the company’s financial difficulties came on the same day…
Festering Evergrande contagion worries push China spreads to record
Worries over possible spiralling effects of a debt crisis at developer China Evergrande Group drove Chinese high-yield spreads to record highs on Wednesday, days after the company missed another …
College Student Innovation, Entrepreneurship Competition Finals Kick off in E. China
The finals of the 7th China International College Students’ “Internet+” Innovation and Entrepreneurship Competition kicked off on October 13th in Nanchang, capital of east China’s Jiangxi Province.
Beijing won’t back off on Taiwan and neither should the democratic world
As it has done countless times before, including in the early days of the Biden administration, Beijing is testing the will of the United States …