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Monthly Archives For December 2021
Berkshire executive Charlie Munger says China was ‘correct’ to ban crypto
Charlie Munger said the current market is “even crazier than the dotcom era” and China made the right call when it banned cryptocurrencies.
Crypto community responds to Charlie Munger yelling at Bitcoin again
As 97-year-old investment veteran Charlie Munger continues scolding cryptocurrencies like Bitcoin , the crypto community is quick to respond to his latest comments. The vice-chair …
Berkshire Hathaway’s Charlie Munger wants US to ban cryptos like China
Charlie Munger believes that markets are wildly overvalued in places, and the current era is even crazier than the dotcom boom of the 1990s. The American billionaire revealed that he wishes that …
Covid-19 testing daily as China fights latest epicentre on Russia border
City of Manzhouli reports most of the country’s infections for a fifth successive day and begins sixth round of mass daily testing.
Recovered From COVID-19? Omicron Variant of COVID-19 Can Up Reinfection Risk By Three-Fold, Study Shows
The study, published in the pre-print on medrxiv, showed that recent reinfections have occurred in individuals whose primary infections occurred across all three waves, with the most having their …
China’s Top Anti-Graft Watchdog Probing Shanghai Head of Banking and Insurance Regulator
China’s top anti-corruption watchdog said it is investigating the head of the Shanghai office of the China Banking and Insurance Regulatory Commission, Han Yi, over serious violations of party …
Lithuanian Trade Body Says Chinese Customs Blocking Its Exports
China has imposed a customs block on Lithuanian exports, a Lithuanian trade body said on Friday, amid a deepening spat between Beijing and Vilnius about the Baltic state’s decision to allow Taiwan to …
Former China stock regulator broke law in IPO vetting, watchdog says
China’s top anti-graft watchdog said on Friday that Cao Jian, a former securities regulator responsible for vetting initial public offerings (IPOs), “seriously violated disciplines and laws” and had …
Businesses Caught in U.S.-China Crossfire
Didi Global celebrated its first day of trading in New York after pulling off one of the biggest U.S. stock market debuts of the past decade. Today it announced it was leaving America and shifting…
China’s Internet Billionaires Suffer $73 Billion Wipeout As Economy Slows And Government Cracks Down
The fortunes of China’s richest Internet billionaires are still getting slammed, with four of the country’s best-known tycoons losing more than $73 billion from their combined net worth since April, …
Ambassador Qin: China to provide more convenience to U.S. business execs
Chinese Ambassador to the U.S. Qin Gang said on Thursday that China is working to make it more convenient for U.S. business executives to come to China.
China’s Manzhouli reports 24 local COVID-19 cases
The border city of Manzhouli in north China’s Inner Mongolia Autonomous Region reported 24 locally transmitted confirmed COVID-19 cases from 12 a.m. to 2 p.m. on Friday, local authorities said. So far …