The bank said in announcing the ban that cryptocurrency was “resulting in criminal activities including money laundering, illegal fundraising, fraud and pyramid schemes.” The government’s move comes …
Monthly Archives For October 2021
Parts of China toughen COVID-19 curbs to fight new outbreak
BEIJING: A new COVID-19 outbreak has spurred parts of China to increase restrictions on movement, with the capital Beijing sealing off some areas and north-western regions imposing a range of …
US Senator Warns Beijing: Do Not Take Taiwan for Next Hong Kong
Taiwan, Alaska’s Dan Sullivan says at a Washington ceremony, is the ‘front line between freedom and tyranny, like West Berlin during the height of the Cold War’ …
China’s hypersonic vehicle test a ‘significant demonstration’ of space technology
China’s reported tests of a hypersonic orbital glide vehicle show notable advances in reusable space technology, an industry expert said.
‘China’s technology dominance could give it decisive military edge’
A report by the National Counterintelligence and Security Center on Friday painted an alarming picture of the risks for businesses in accepting Chinese investment or offers of expertise.
U.S. officials warn that China could dominate advanced technologies
U.S. officials issued new warnings Friday about China’s ambitions in artificial intelligence and a range of advanced technologies that could eventually give Beijing a decisive military edge and …
Huawei Smart IDC Energy Saving Catalyst Project wins the 2021 TM Forum Sustainability Impact Award
Recently, the project “Smart IDC–Intelligent Energy Saving for Data Centers” co-incubated by Huawei, China Telecom, China Unicom, and China Mobile won TM Forum’s Catalyst Team Award for Sustainability …
China Deepens Ban By Putting Crypto Mining On Industrial Blacklist
The leading economic planner in mainland China seeks the abolition of cryptocurrency mining, and adds it to the industrial blacklist.
Pentagon Corrects Defense Secretary on China, Taiwan After White House Fixes Biden Remarks
Defense Secretary Lloyd Austin was committed to “the Three Assurances” and “Six Communiques,” while he actually meant the Three Communiques and Six Assurances.
China’s Troubled Property Behemoth Averts Default for Now
That brought relief for investors and regulators worried about fallout for global markets and added to reassurances from Chinese officials that creditors would be protected …
China property behemoth finds funds to avert bond payment default for now
China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said yesterday, buying it another week to deal with a debt crisis looming over the world’s …
Taiwan Vows to ‘Defend Itself’ Amid U.S. Reversal, Here’s How Much Stronger China Is
“The complete reunification of the motherland must be fulfilled, and it will definitely be fulfilled,” Ma Xiaoguang of China’s Taiwan Affairs Council said.
U.S. Counterintelligence Center Warns China Could Gain Edge With Developments in AI Tech
Beijing could one day be dominant in health care and leave the U.S. dependent on China, Edward You of the National Counterintelligence and Security Center said.
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