The House speaker called Chinese President Xi Jinping a “scared bully” and said he “has his own insecurities.” …
Monthly Archives For August 2022
Pandemic fuels sports biking boom in cycling nation China
So she started cycling — and soon fell in love with the sport. “I realized a racing bicycle was quite different than a regular bike,” she said. “It’s very fast and exciting, and I couldn’t…
China watchdog investigates three more execs linked to chip-focused Big Fund
China’s corruption watchdog said on Tuesday regulators were investigating three former and current executives linked to a firm that manages the country’s largest state-backed chip investment fund, …
China closes Tibet’s Potala Palace over COVID outbreak, and Novavax stock is slammed by weak earnings and halving of sales guidance
About 80,000 tourists are stranded on the Chinese island of Hainan, which local authorities call “the Hawaii of China,” after a surge in Covid-19 cases triggered a lockdown. All flights leaving the …
Pelosi calls Taiwan trip ‘worth it,’ pushes back on China
The House speaker called Chinese President Xi Jinping a “scared bully” and said he “has his own insecurities.” …
Interview: Expectations high on China’s green finance market toward sustainable growth
China’s green finance market is in full swing, thanks to the rapid expansion of green industries and low-carbon transformation of traditional sectors amid the country’s drive to promote sustainable …
Even After Bitcoin Ban, China Still Accounts for 20% of Hash Rate
In May 2021, China banned Bitcoin mining across the entire country. A massive exodus of Bitcoin miners occurred shortly thereafter. They fled to neighboring countries such as Kazakhstan and as far as …
Beijing blitz of crypto promotions and marketing underway
Beijing has repeatedly declared that using and mining virtual currencies are illegal in the Middle Kingdom, making related activity suspect from the get-go. But that hasn’t stopped some from trying to …
China’s Dcenti Soars on USD296 Million Plan to Enter Lithium Battery Recycling Business
Shares of Dcenti Auto Parts Stock soared by the daily limit after the Chinese tires and wheels supplier said it plans to expand into battery raw materials by spending CNY2 billion (USD296 million) on …
Pelosi Trip Hinders Biden Effort to Galvanize Asia Against China
House Speaker Nancy Pelosi’s swing through Asia aimed to convey the US’s “strong and unshakable” support for the region. It ended up leaving many countries in stunned silence as China conducted …
Biden to sign $280B CHIPS act in bid to boost US over China
President Joe Biden is preparing to sign a $280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration’s push to boost U.S. competitiveness over China.
U.S. accuses Chinese company of helping ZTE hide business with Iran -Commerce Dept
The United States on Tuesday accused Far East Cable, China’s largest wire and cable manufacturer, of violating U.S. export controls related to shipments to Iran, the Commerce …
China: 80,000 Tourists Stranded As COVID-19 Lockdown Expands In Hainan
Thousands of tourists have been stranded in a Chinese beach resort after authorities imposed a lockdown in Sanya city of South China’s Hainan province.