Chinese President Xi Jinping was also reportedly so offended that he asked Trump to silence Pompeo during a call discussing the Covid-19 pandemic, …
Monthly Archives For January 2023
China names new chief of PLA theatre command that guards Beijing
China has appointed Huang Ming to head the PLA Central Theatre Command in charge of guarding the capital Beijing, its fifth commander in seven years. Huang was promoted to the rank of general – the…
US arrests Russian crypto exchange owner for allegedly laundering over $700 million
Bitzlato plays a critical role in facilitating transactions for the Conti ransomware group and other global ransomware actors, including actors that operate out of Russia. As a re …
Covid-19 has already torn through large swathes of China
T here were many predictions about the rate at which covid-19 would spread in China. The Institute of Health Metrics and Evaluation in America thought cases would peak on April 1st. By that time, it…
US Poised to Get Help on China Chip Crackdown From Dutch, Japan
The Netherlands and Japan, home to key suppliers of semiconductor manufacturing equipment, are close to joining a Biden administration-led effort to restrict exports of the technology to China and …
Fears for rural population in China as COVID-19 spreads in villages lacking health care
Experts warn of a deadly COVID-19 spread to rural areas of China, where medical resources are limited and the population is ageing, as an estimated 2.1 billion people begin travelling home as part of …
Beijing’s top economic adviser tells Davos CEOs ‘China is back’
Executives at the lunch said Liu’s message had fuelled renewed optimism about the prospects for the Chinese economy, which has been battered by Beijing’s recently abandoned “zero-Covid” policy, a …
US drops case against NYC cop accused of spying for China
Charges against a New York City police officer accused of spying on behalf of China have been formally dropped after U.S. prosecutors said they uncovered new information that warranted the dismissal …
China: New Henan bank aims to boost governance, cut graft at local lenders
Last year, a connected cluster of village banks in the central province of Henan suffered one of China’s worst financial scandals in years. Beijing’s reaction: to create a new state bank that will …
Davos 2023: China reopens its doors with investment pitch to global elite
China’s Vice-Premier Liu He welcomed foreign investment and declared his country open to the world on Tuesday after three years of pandemic isolation. Liu’s explicit pitch to global leaders gathered …
Chinese imports may undermine African manufacturing: Reports
China is Africa’s largest trading partner and the leading country of raw materials, but their imports are impacting African domestic industries.
FTX spillover continues to spread as 2 more crypto exchanges initiate layoffs
Fried’s crypto saga carries on, crypto exchanges OSL and Amber have slashed costs and initiated plans for layoffs.
China’s Changsha, Nanjing relax homebuying restrictions, offer generous subsidies as they compete for talent to boost growth
Many mainland cities including Changsha and Nanjing have come with generous policies to help skilled immigrants buy new homes and spur economic growth.