China is tacitly backing bitcoin as an investment vehicle, but not as a currency, as it rolls out its own sovereign digital yuan and looks to harness blockchain technology for its digital economy.
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Yangtze storm: Violent winds kill 11 in Nantong, China
At least 11 people are dead and 102 injured in a violent storm that hit eastern China on Friday evening. Those killed were blown into the Yangtze River or hit by falling trees and electricity…
The New Economy Saturday: Maybe China Won’t Beat the U.S. After All
Welcome to New Economy Saturday, formerly Turning Points. As you may have noticed, you are now also receiving a daily newsletter with a briefing on the most important economic issues and ideas from …
Chinese envoy assures help as Sonu Sood alleges China blocking his order for oxygen concentrators
The Chinese envoy said China will utmost to help India in the fight against Covid-19. He however added that freight air routes between the two countries are operating normally.
China’s April Home Prices Maintain Momentum, Smaller Cities Lead Growth – Private Survey
Chinese new home prices rose again in April, fuelled by hot demand in smaller coastal cities as housing market strength in major centres tapered off due to tighter restrictions, a private survey …
China drives copper price surge, bringing hope to African producers
Chinese demand for key metal in green economy along with weak dollar sends prices over US$10,000 per tonne for first time since 2011.
Beijing is collecting crypto mining data from local data centers
There has been a lot of controversy regarding the energy consumption for crypto mining in China, hence the authorities are collecting data for the same.
China Administers More Than 10 Million Doses of COVID-19 Vaccines on April 30
China carried out about 11.6 million vaccinations against COVID-19 on April 30, bringing the total number administered to 265.06 million, according to data released by the National Health Commission …
Extreme weather kills 11, injures 102 in eastern China
An extreme thunderstorm hit an eastern Chinese city, leaving 11 dead and 102 injured, with strong winds causing buildings and trees to collapse …
US-China doomsday threat ramped up by hi-tech advances, says Kissinger
Former US secretary of state says strained relationship is world’s ‘biggest problem’, as he warns of Beijing’s economic and military might …
China’s Ximalaya, Qiniu file for IPO in US
Ximalaya, backed by China’s Tencent Holdings, file d for an initial public offering (IPO) in the United States on Friday, cashing in on growing demand as more people tune in to podcasts while staying …
As India battles the coronavirus crisis, China bids to assert influence in region
Beijing attempts to fill the void as the rival, a country dubbed the vaccine powerhouse, continues to report record high new Covid-19 cases and is in dire need of international support.
China reports 16 new COVID-19 cases vs 13 a day earlier
China reported 16 new mainland COVID-19 cases on April 30, down from 13 cases a day earlier, the country’s national health authority said on Saturday.
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