China’s ban on secondary trading of digital collectibles has killed the platform’s business potential, local media reported Tencent has been forced to take strict measures to curb NFT reselling, and …
Monthly Archives For July 2022
U.K.’s top spy: We have to win in Ukraine because China is watching like a hawk
Richard Moore of MI6 also said an estimate of 15,000 Russians killed so far is “conservative,” and that 400 Russian intel officers have been expelled from Western Europe.
This Week in the Metaverse: Crypto’s ‘Lehman Brothers moment,’ Tesla dumps Bitcoin holdings
Things are moving fast in the metaverse, and in the wider world of Web3 as a whole. Depending on who you ask, this futuristic, blockchain-based space is either the next big thing for marketing —…
China’s billionaires want to flee the country, and take $60 billion of wealth with them on their way out
In June, a Shanghai billionaire set social media ablaze by vowing to “move abroad by next year.” He’s far from the only one.
China’s PM says all foreign students can return, as country considers increasing international flights
China’s Premier Li Keqiang has said all international students may return to China as the country considers increasing international flights more than two years into the pandemic. Tens of thousands of …
China is now top priority for British intelligence, spy chief says
Britain’s spy chief said on Thursday that China was now the top intelligence priority for the Secret Intelligence Service (SIS), known as MI6, surpassing counter-terrorism.
China Fines Didi Global $1.19bn for “Heinous” Data Security Infringements
The fine was issued for violating the country’s network security law, data security law and personal information protection law …
China could shift to fully reusable super heavy-launcher in wake of Starship
China’s launch vehicle makers appear to be designing a fully reusable version of the Long March 9 super heavy-lift rocket needed for future megaprojects.
Rural banks expose China’s failure
A depositors’ rights movement triggered by the collapse of several rural banks in China’s Henan Province has been simmering for a while and shows no signs of abating. The local government first tried …
Hsiao, US task force talk about China threat
Representative to the US Hsiao Bi-khim (蕭美琴) on Wednesday participated in a roundtable discussion with the US House of Representatives China Task Force to discuss deterring the Chinese threat toward …
Flowing Cloud Technology Files for Hong Kong IPO Amid Metaverse Frenzy
Flowing Cloud started as a games developer in 2008 and launched its first AR/VR platform in 2017 Gains in revenue and profit have been steady but the low-margin …
New China Covid-19 Lockdowns Would Threaten U.S. Economic Recovery (Just Ask Tesla)
More Covid lockdowns in China would be “another headache” for the Federal Reserve in its battle against inflation, experts say, though global supply-chain bottlenecks are easing.
China’s imports of Russian LNG jump 29% so far this year while Beijing’s trade with other countries decline
Meanwhile, China’s imports of liquified natural gas from Australia tumbled 29% and imports from the US plunged 76%.
