The process of ‘mining’ the cryptocurrency has previously come under fire from critics due to its energy intensity …
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Ebang Plunges After Hindenburg Short of China Crypto Mining Machine Group
“Ebang is yet another cautionary tale for inexperienced retail investors enthused by anything crypto-related,” Hindenburg said. “As is so common with other ridiculous China-based schemes, the company …
Short seller Hindenburg Research says Ebang International is a crypto ‘China hustle’ taking US investors’ cash
Hindenburg Research says Ebang International is inflating volume metrics for its crypto exchange and exaggerating bitcoin mining machine sales.
China Business Confidence Hits 10 Year High
The vast majority of Asian equity markets reopened today on light volumes and little news. Meanwhile, Hong Kong and Thailand enjoyed another day off.The private survey of purchasing managers conducted …
Renovations Continue On Historical Sites in Beijing, China
Renovations continue on the Drum Tower on the historic Houhai Lake in Beijing on Tuesday, April 6, 2021. Most historical buildings in China’s capital undergo renovations almost all-year long in order …
Man Loads Bikes on Flatbed Truck in Beijing, China
A Chinese driver loads ‘bike-share’ bikes on a flatbed truck in Beijing on Tuesday, April 6, 2021. Despite the incredible popularity of the bike share schemes in China’s major cities, many locals are …
China’s Bet U.S. Is Bluffing on Taiwan War Risks Dangerous Miscalculation
It seems all that now stands between China and the regime’s desire to drag Taiwan under its direct control is the strength of America’s hand, which Beijing may soon force Washington to show. Taiwan …
IMF Lifts China Growth Forecast To 10-year High
“Tensions between the United States and China remain elevated on numerous fronts, including international trade, intellectual property, and cybersecurity,” it said. Meanwhile, it expects mild fiscal …
Ebang Slumps After Hindenburg Short Of China Crypto Mining Machine Group
“Ebang is yet another cautionary tale for inexperienced retail investors enthused by anything crypto-related,” Hindenburg said. “As is so common with other ridiculous China-based schemes, the company …
World’s first offline NFT art exhibition lands in China
For China, switching from a plain canvas to a crypto art masterpiece might take some time, but hosting the world’s first offline crypto-art show is a start. There are hopes China’s NFT market will …
China-Myanmar border city Ruili starts 2nd round of COVID-19 testing
With pressure from a new surge of COVID-19, the China-Myanmar border city Ruili in Southwest China’s Yunnan Province launched a second round of mass nucleic acid testing on Tuesday. A total of 238,600 …
China GDP: economic recovery from coronavirus ‘increasingly visible’ as IMF lifts China, global outlook
China’s economy is now estimated to grow by 8.4 per cent in 2021, according to the International Monetary Fund (IMF), an increase of 0.3 percentage points from January’s prediction.
Foreign diplomats give thumbs-up to Beijing 2022 preparations
Photo/Xinhua] BEIJING – During the “Experience Beijing” ice sports testing program, diplomats from multiple countries gave compliments on the preparation work of the Beijing Winter Olympics and looked …