China has announced the extradition of a suspect named Zhang from Thailand for his involvement in a multibillion-dollar crypto pyramid scheme. Zhang is allegedly the mastermind of the which has been in operation since 2012.
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China extradites alleged mastermind behind $14B crypto fraud scheme
Binance dominates among Chinese crypto users, X provides guidance
Binance is the preferred cryptocurrency exchange for Chinese speakers, and social media platform X is the source of most of the information they use to make investment decisions, Hong Kong-based publication TechFlow found in a…
How Do You Change a Command’s Culture? This General Tried Being Direct About War with China.
In 2021, fresh off his previous role as deputy commander of U.S. Indo-Pacific Command, Minihan knew that a massive overhaul of the world order was potentially underway.
China’s yuan hits internationalisation landmark with record share of global payments
China’s yuan has won a record share in global settlements, an indication the country’s efforts to internationalise its currency are continuing to bear fruit.
China spends big on Samsung, SK Hynix chips in first half amid US sanctions fears
China significantly increased the import of South Korean chips in the first half of 2024, according to data from Samsung Electronics and SK Hynix, the two memory chip giants. Samsung reported an 82 …
Sullivan travels to China to discuss upcoming meeting between Biden and Xi Jinping – Axios
US National Security Advisor Jake Sullivan will visit China, where he plans to meet with Foreign Minister Wang Yi, according to Axios. According to three sources familiar with the matter, this visit …
China’s WeRide Postpones U.S. IPO Due to Documentation Delays
WeRide, a China-based self-driving technology company, has delayed its initial public offering (IPO) in the U.S., citing delays in completing necessary transaction documents. The company indicated in …
China’s Xi talks AI cooperation in call with British PM, Xinhua reports
BEIJING, Aug 23 (Reuters) – China’s President Xi Jinping discussed stepping up cooperation with Britain in finance, the green economy and artificial intelligence in a phone call with Prime Minister …
Chinese smartphone maker Honor gets investment from China Mobile
Chinese smartphone maker Honor said on Friday it has received an undisclosed amount of investment from China Mobile’s parent company, as the former Huawei unit gears up towards an initial public …
Biden’s National Security Adviser Will Visit China Next Week
Jake Sullivan, the national security adviser at the White House, will travel to China next week to meet with Wang Yi, the country’s foreign minister, in their latest high-level meeting aimed at …
See drone deliver takeout to the Great Wall of China
As part of China’s drive towards what it calls a “low-altitude economy”, tourists can now receive food and medical deliveries on the Great Wall via drone from tech company Meituan.
Morgan Stanley cuts 2024 oil demand growth outlook on China factors
Morgan Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China’s slower economic growth, increased electric vehicle usage there, and a rise in the number of trucks in …
AP Source: Biden to dispatch adviser to China as he looks to sharpen policy focus in final months
President Joe Biden plans to dispatch his national security adviser Jake Sullivan to China as the White House aims to sharpen its focus on foreign policy in the Democrat’s final months in …
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