Donald Trump’s crypto project, World Liberty Financial, was looking like a bust. The president-elect and his sons had been promoting its cryptocurrency for weeks, saying it would “make finance great …
Monthly Archives For November 2024
Drawing lines in the South China Sea: What Beijing’s new claims over a disputed coral reef mean
Earlier this month, China declared new “baselines” around Scarborough Reef, a large coral atoll topped by a handful of rocks barely above sea level in the South China Sea.
Beijing court sentences journalist to seven years
A Beijing court has sentenced Dong Yuyu, a former journalist for a Chinese state-run newspaper, to seven years in prison on charges of espionage, his family said Friday.
Shiseido to focus on key brands to rebuild China business, group performance
Japanese cosmetics giant Shiseido says it will focus on its core brands over the next two fiscal years in a bid to turn its business around. Sluggish sales in China and at duty-free shops both…
‘The Troublemaker’ Review: Jimmy Lai, the Man Beijing Fears
On trial in Hong Kong, Jimmy Lai has spoken out for freedom, democracy and the rule of law. His judges may not be pleased.
‘It’s really quite good’: Chinese crypto entrepreneur eats banana he bought for $6.2m last week
The controversial artwork of a banana duct-taped to a wall, created by the Italian artist Maurizio Cattelan, was sold at a Sotheby’s auction in New York last week …
US’ plan to ban 200 Chinese technology companies; China’s responds with this warning
Tensions escalate as the US plans to impose new export restrictions on semiconductor technology to China, including blacklisting 200 Chinese chip companies. The Chinese commerce ministry strongly …
China issues 4.57 trillion yuan in new local gov’t bonds in January-October
BEIJING, Nov. 29 (Xinhua) — China’s local governments issued new bonds worth 4.57 trillion yuan (about 635.8 billion U.S. dollars) in the first 10 months of this year, data from the Ministry of …
China to extend tariff exemptions for some US products to 2025
China will extend tariff exemptions for the import of some U.S. products until Feb. 28, 2025, the Customs Tariff Commission of the State Council said on Friday.
Crypto Scams and Failed Projects Most Prevalent in US, China, and UK: Report
A report shows that the US, China, and the UK lead in failed projects and crypto scams, emphasizing the need for tighter global regulations.
Chinese customs nab foreign national smuggling 123 drug capsules concealed in body at Beijing airport
Customs authorities at Beijing Capital International Airport (BCIA) recently apprehended a foreign citizen who smuggled 123 cocaine pills weighing a total of 1,580.44 grams by concealing them inside his body.
Jimmy Lai hoped for ‘more draconian sanctions’ as Beijing’s security law approached, court hears
Jailed Hong Kong media tycoon Jimmy Lai has told his national security trial that he hoped the US would impose “more draconian sanctions” on China to stop an imminent national security law promulgated by Beijing…
China Warns of Nuclear War Risk in Ukraine
China has renewed its warnings over the potential use of nuclear weapons in the Russia-Ukraine war, in response to recent speculation about the possibility of the U.S. stationing them in the embattled …