After China banned cryptocurrencies in 2021, there was a massive exodus of miners to the United States, Kazakhstan, and other destinations. However, new data from the Cambridge Ce …
Monthly Archives For May 2022
China relaxes some COVID-19 test rules for US, other travellers
BEIJING: China has removed certain COVID-19 test requirements for people flying in from countries like the United States and shortened the pre-departure quarantine period for some inbound travellers, …
Chinese oral COVID-19 drug effective against Omicron variant: study
Scientists have found in a study that China’s oral COVID-19 nucleoside drug VV116 can shorten the viral shedding time by two to three days in the treatment of patients infected with the Omicron …
Beijing locals keep dining on duck despite COVID
Posted . 05/18 As restaurants in the Chinese capital drift in the doldrums of a COVID ban on dining in, one eatery ma …
China Eastern jet deliberately crashed into mountainside, killing 132 on board, flight data reportedly suggests
China Eastern flight MU5375 inexplicably plunged from an altitude of 29,000 feet into a mountainside in March.
Burberry shrugs off China lockdowns to stick by growth targets
Burberry has said its prospects this year will depend on the impact of Covid-19 in China, but maintained its prediction of high single-digit sales growth and better margins as it …
Bitcoin production has roared back in China thanks to an underground mining scene
New research from the Cambridge Centre for Alternative Finance shows that Chinese bitcoin mining activity has quickly rebounded.
Burberry Pins Prospects To China’s COVID Recovery
Burberry’s prospects depend on how quickly its biggest market, China, recovers from COVID-19 lockdowns, the British luxury goods brand said on Wednesday while reporting higher sales and profits for …
Apple’s share of China earbuds market falls by 11% as domestic brands rise
Apple’s share of the Chinese earbuds market for the first quarter of 2022 fell by 11% year-on-year, according to shipment figures released by business insight firm Canalys on Wednesday. According to …
Tencent revenues fail to grow for first time since 2004 IPO
Tencent Holdings’ quarterly revenues have failed to grow for the first time since the company’s 2004 initial public offering. China’s most valuable company by market capitalization, Tencent’s revenues …
WHO: China’s virus plan unsustainable
The head of the World Health Organization said China’s approach to containing the coronavirus is unsustainable because of the highly infectious nature of the omicron variant, but that it’s up to every …
Harrow renames China branch as Beijing squeezes foreign schools
Harrow School has said it will drop its name from its branch in China because of a tightening of government controls on schools in the country. The 450-year-old private school in London has a number…
Baidu’s Chip Affiliate Eyes Fundraise at $2.5 Billion Valuation
Baidu Inc.’s chip affiliate is looking to raise 2 billion yuan ($317 million) in a new funding round, people familiar with the matter said, as venture capitalists in China shift away from internet …
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