NEW YORK (Reuters Breakingviews) – Tech mogul Peter Thiel suggested this week that China might use bitcoin as a “financial weapon” to unseat government-backed currencies in general and the U.S. dollar …
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Beyond Meat Competitor Impossible Foods Is Readying Its IPO, Sources Say
After years of investor anticipation and guesswork, sources close to the situation told Reuters today Impossible Foods, the biggest dedicated U.S. plant-based meat maker after Beyond Meat ( …
2021 U.S. Exports To China Up 43% From Pre-Covid 2019, Imports At Record Level
Imports of medicine in pill form have grown in the first two months of 2021. A 43.06% surge in exports to China is one of two pronounced changes in U.S. trade in early 2021, leaving…
Biden administration slaps export controls on Chinese firms for aiding PLA weapons development
The Biden administration on Thursday placed seven Chinese firms and government labs under U.S. export controls for their involvement in China’s effort to build supercomputers that help develop nuclear …
China Could Use Bitcoin as ‘Financial Weapon’ Against U.S., Peter Thiel Warns
“Even though I’m a pro-crypto, pro-Bitcoin maximalist person, I do wonder whether if at this point Bitcoin should also be thought of in part as a Chinese financial weapon against the U.S.” says …
China on a mission to turn ‘junk’ patents into treasure
As part of its drive to achieve technological self-sufficiency, Beijing is overhauling its system of reward for patent filing.
China, the Convenient Foil
Peter Thiel is both right and wrong in calling Bitcoin a tool that could empower China and challenge the U.S. dollar.
PayPal co-founder Peter Thiel warns bitcoin could be used by Beijing as a ‘financial weapon against the US’ and criticizes Google and Apple for being too close to China
PayPal co-founder Peter Thiel (pictured) said Tuesday that bitcoin could be used as a ‘Chinese financial weapon against the US’ and criticized Google and Apple for being too close to China.
China’s CBDC Trial Expands to Hainan Province
Hainan Province announces its first-ever CBDC event in an attempt to normalize the digital currency across China. This further expanded their trial efforts.
China goes all-out to stabilize imports, exports: MOFCOM
China will go all out to stabilize the imports and exports as its foreign trade still faces instability and uncertainty, China’s Ministry of Commerce (MOFCOM) said on Thursday. Besides the risks of …
Crypto Climate Accord will shift cryptocurrency industry to 100% renewable energy by 2030
For the crypto industry, it can help support the widespread … 136 terawatt hours of electricity annually. By comparison, China alone produced 2,200 terawatt hours of renewable electricity.
China goes all-out to stabilize imports, exports: MOC
(Photo by Wang Chun/Xinhua) BEIJING, April 8 (Xinhua) — China will go all out to stabilize the imports and exports as its foreign trade still faces instability and uncertainty, China’s Ministry of …
China’s bitcoin mining is threatening its climate change targets, study says
China could end up exceeding its emissions reduction targets as a result of carbon-intensive bitcoin mining, according to a study published this week.
