A virus recently discovered in eastern China is unlikely to cause another pandemic, according to scientists involved in its research. The pathogen, identified as the Langya henipavirus, has so far …
Monthly Archives For August 2022
Beijing invests in virtual humans
The city government wants to invest nearly $900 million to build a technology, business and governance ecosystem for virtual humans that leverages Web3 technologies.
China’s mounting risks set stage for central bank to rein in stimulus
China may be ready to curb some of the excess liquidity sloshing in the banking system as it turns its focus to mitigating risks in the financial industry.
China’s housing crash has wiped out $90 billion from builders’ stock and bond values this year as debt crisis looms
China’s housing boom is likely over as a debt crisis looms. Developers have lost nearly $90 billion so far this year on stocks and bonds.
Crypto Mogul Seeks to Sell Huobi Stake at $3 Billion Value
Huobi Group founder Leon Li is in talks with a clutch of investors to sell his majority stake in the crypto-exchange at a valuation of as much as $3 billion, in what could be the…
Crypto Mogul Seeks to Sell Huobi Stake at $3 Billion Value
Huobi Group founder Leon Li is in talks with a clutch of investors to sell his majority stake in the crypto-exchange at a valuation of as much as $3 billion, in what could be the…
Chandler Guo on China’s Crypto Mining Outlook
Chinese authorities ordered a crackdown on crypto mining and outlawed virtually all crypto trading activities, leading to the migration of crypto miners out of the country. Ethereum miner Chandler Guo …
China crypto mogul seeks to sell Huobi stake at US$3b value: sources
Huobi Group founder Leon Li is in talks with a clutch of investors to sell his majority stake in the crypto-exchange at a valuation of as much as US$3 billion, in what could be the…
Crypto markets bounced and sentiment improved, but retail has yet to FOMO
The total crypto market capitalization is rising toward $1.25 trillion, but an assortment of metrics show retail and institutions are not ready to “ape.” …
Biden and China’s Xi poised to meet in-person in November: report
President Biden is likely to meet Chinese President Xi Jinping in person in November — the first such meeting since Biden took office, the Wall Street Journal reported Friday. Biden’s family has had …
Watch: Flooding in northern China sweeps away cars
Search and rescue efforts are ongoing for several missing people as China’s Shanxi province was hit by record rainfall, according to Chinese state media CCTV.
China tariffs: 3 factors that could affect whether Biden eases the Trump-era duties
China’s military drills in the Taiwan Strait following House Speaker Nancy Pelosi’s trip to Taiwan are raising new questions about whether the Biden administration will ease tariffs levied against …
Five Chinese state-owned companies to delist from NYSE amid U.S. tensions
SHANGHAI/HONG KONG (Reuters) -Five Chinese state-owned companies, including oil giant Sinopec and China Life Insurance, said on Friday they would delist from the New York Stock Exchange, amid economic …
