After China’s Crypto Ban, Who Leads in Bitcoin Mining?

After China’s Crypto Ban, Who Leads in Bitcoin Mining?

U.S. Car Production Falls to a New Low Germany may have been the birthplace of the automobile, but it was America that developed the methods for mass production. Created in 1913, Henry Ford’s assembly line greatly reduced the time it took to build a car. This also made cars more affordable, and America’s automotive industry … Read more

China’s Xi pledges another 1 bln COVID-19 vaccine doses for Africa

China's Xi pledges another 1 bln COVID-19 vaccine doses for Africa

DAKAR/BEIJING, Nov 29 (Reuters) – China will deliver another 1 billion doses of COVID-19 vaccines to Africa and encourage Chinese companies to invest no less than $10 billion in the continent over the next three years, President Xi Jinping said on Monday.The country has already supplied nearly 200 doses to Africa, where vaccination rates have … Read more

China’s zero-Covid approach, healthcare system, reopening plans

China's zero-Covid approach, healthcare system, reopening plans

Volunteers in protective suits handle garbage outside an apartment building at College of Arts and Information Engineering of Dalian Polytechnic University in university town of Zhuanghe on November 15, 2021 in Dalian, Liaoning Province of China. More than 60 students in university town of Zhuanghe city have been diagnosed as COVID-19 cases, as of Sunday … Read more

China’s Top Crypto Outlets Bite the Dust as Government Crackdown Continues

China’s Top Crypto Outlets Bite the Dust as Government Crackdown Continues

China-based crypto outlets ChainNews and Odaily have both become inaccessible over the past few days and neither of the outlets have stated a reason. Instead, both outlets have continued their activity on Twitter and Telegram, apps that are banned in China. The government in China imposed a blanket ban on all forms of cryptocurrency trading … Read more

China’s ‘Zero Covid’ Efforts Come With a Cost

China's 'Zero Covid' Efforts Come With a Cost

China’s top leader has declared that the country has “overcome” the impact of the coronavirus, even as sporadic lockdowns continue in various areas and officials order greater scrutiny of imported frozen food and children’s clothes — both extremely unlikely sources of contagion.The stringent, if sometimes impractical, restrictions stem from China’s struggle to maintain its “zero … Read more

China’s COVID-19 cases spike ahead of Communist Party conclave

China's COVID-19 cases spike ahead of Communist Party conclave

BEIJING, Nov 3 (Reuters) – China’s new locally transmitted COVID-19 cases spiked to a near three-month high and tighter curbs to contain the spread are expected in the capital Beijing ahead of a key gathering of the highest-ranking members of the Communist Party next week.The National Health Commission confirmed on Wednesday 93 new local symptomatic … Read more

China’s Xi calls for COVID-19 vaccine mutual recognition

China's Xi calls for COVID-19 vaccine mutual recognition

Chinese President Xi Jinping speaks at a meeting commemorating the 110th anniversary of Xinhai Revolution at the Great Hall of the People in Beijing, China October 9, 2021. REUTERS/Carlos Garcia Rawlins/File PhotoBEIJING, Oct 30 (Reuters) – Chinese President Xi Jinping on Saturday called for mutual recognition of COVID-19 vaccines based on the World Health Organization’s … Read more

‘People are starting to wane’: China’s zero-Covid policy takes toll | Coronavirus

On Friday, the Beijing Daily published an intricate graphic identifying two people sick with Covid-19 and everyone they had infected, detailing the spread of the latest Delta outbreak in the country. The map came amid growing frustration, some panic, and rare protests over the ramifications of China’s effort to remain a “zero Covid” country.Since the … Read more

America is the big winner of China’s crypto crackdown

America is the big winner of China’s crypto crackdown

Oct 22nd 2021CHINA WAS once king of the crypto mines. In September 2019 it accounted for three-quarters of the world’s bitcoin mining activity. Rural provinces were dotted with bitcoin mines that specialised in solving cryptographic puzzles in order to validate transactions made with the cryptocurrency. But in May 2021 the Chinese government, sensing a threat … Read more

China’s COVID-19 outbreak grows as cities race to trace infections

China's COVID-19 outbreak grows as cities race to trace infections

A medical staff administers a nucleic acid test at a booth on a street in Beijing, China, as outbreaks of the coronavirus disease (COVID-19) continue, October 20, 2021. REUTERS/Thomas PeterBEIJING, Oct 20 (Reuters) – China reported a fourth day of new locally transmitted COVID-19 cases in a handful of cities across China, prompting alarmed local … Read more

Crypto Imperiling $7 Trillion Of Stocks Makes China’s Point

Crypto Imperiling $7 Trillion Of Stocks Makes China’s Point

getty China’s argument with cryptocurrencies got quite an assist from index giant MSCI. Crypto enthusiasts like to think bitcoin and other private mediums of exchange exist outside the conventional financial system. So do, it often seems, officials from Washington to Tokyo dragging their feet on regulatory responses. A new analysis from MSCI, though, suggests these lackadaisical … Read more