Buildings and communities sealed off. Mass testing of residents. A rush to stock up on food, just in case. Beijing, China’s sprawling capital, is starting to resemble other Chinese cities grappling …
Monthly Archives For April 2022
Chinese demand break up of HSBC: Bank’s biggest shareholder Ping An wants Asian spin-off
The rupture with Ping An marks a worsening of HSBC’s geopolitical woes, with the bank increasingly torn between China and the West. Ping An, which has its headquarters in Shenzhen and is part-owned by …
Beijing closes gyms, malls to contain Covid-19 as anger grows in Shanghai
China’s capital Beijing closed more businesses and apartment blocks yesterday, with authorities ramping up contact tracing to contain a coronavirus (Covid-19) outbreak, while resentment at the …
Costlier Smaller Tankers Deployed to Move Displaced Russian Oil to China
A very large crude carrier (VLCC), capable of taking 2 million barrels, was the norm for shipping Urals oil to China before Russia’s invasion of Ukraine. The demand for smaller tankers highlights the …
Bitcoin Mining Has Evolved Since China’s Crypto Crackdown. Here’s How.
The U.S. quickly became the world leader in bitcoin mining after China cracked down on crypto last year. WSJ’s Shelby Holliday takes a look at what the global shift has meant for the bitcoin network,…
Crypto Will Dominate the $100 Trillion Financial Industry
In today’s video, I explain why institutional and retail investors alike are moving into crypto. From open till noon Eastern time … It rose 18% after China approved imports of the company’s …
Beijing ramps up COVID testing to avert Shanghai-like lockdown misery
A heatwave gripped India and a landfill site burned on the capital’s outskirts after the hottest March on record, as extreme heat scorched large swathes of… Having failed in an assault on Kyiv in …
Beijing diary: Scenes of mass testing, panic buying – and pride?
We want to bridge divides to reach everyone. A selection of the most viewed stories this week on the Monitor’s website. Every Saturday Hear about special editorial projects, new product information, …
Ex-Biden aide Francis Person went to White House 7 times after joining China-tied firm
has the backing of state-owned China Development Bank. It’s also the parent company of several US-based affiliates, including Harves Investment Group, Harves Sports and Harves Global Entertainment.
Alibaba, China Stocks Rise; Government Said to Mull Easing Regulations
China’s tight regulation of its technology sector over the past year has hurt Chinese tech stocks listed in the U.S. But now the government is set to pull back, out of concern about recent weakness…
China prefers ‘low profile strategy’ while extending diplomatic support to Russia
The Bridge would further facilitate China to the transport of coal, iron ore, timber, and mineral fertilizers from Russia, which was expected to boost cross-border trade. Interestingly, Chinese …
China facing ‘tsunami’ of Omicron, says top official
China is facing a”tsunami” of Omicron, a senior official said on Friday, as the country reported over 20,000 Covid-19 cases with its largest city Shanghai continuing to reel under lockdown for over …
Elon Musk’s business ties to China draw scrutiny after Twitter purchase
After Elon Musk announced he would buy Twitter for $44 billion, Democratic lawmakers, human rights groups and even Jeff Bezos began asking questions about what his business interests in China will …
