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Category: Shanghai Travel News

Meng Wanzhou: Huawei’s ‘princess’ on the rebound, East Asia News & Top Stories

OTTAWA (AFP) – As the daughter of the founder of Chinese telecoms giant Huawei, Meng Wanzhou was known internally as the “princess” of the company and its possible future leader, but for nearly three years, she’s been stuck in Canada fighting extradition to the United States.…

Whither state-building?

By Carl Bildt/ Stockholm Suddenly, “nation-building” has become a dirty word, particularly in the United States. The trauma of America’s defeat in Afghanistan has triggered a panicked retreat from a concept that was long central to US security thinking. After the September 11, 2001, attacks on the US, it was widely understood that the invasion of Afghanistan was necessary to deny Al Qaeda its base there.…

‘China Won’t Care About Their Ties With US…’: Chinese Media On Quad

Add Your News ‘China Won’t Care About Their Ties With US…’: Chinese Media On Quad The editorial in the Chinese Communist Party-backed Global Times comes on a day when Prime Minister Narendra Modi is scheduled to hold a bilateral with US President Joe Biden An editorial in Chinese state media has accused the US of working to contain China’s rise and warned the Quad nations that it “would not hesitate to punish them” if they “followed the US too far in confronting China”.…

Meng’s surprise release may not improve China’s relationship with US or Canada, analysts say

The surprise agreement between US prosecutors and Huawei Technologies Co. executive Meng Wanzhou that allows Meng to return to China after nearly three years of detention in Canada will not reset strained relations among the three nations any time soon, analysts said Even if China releases Michael Spavor and Michael Kovrig, the two Canadians arrested for espionage just days after Meng was detained in Vancouver, BC, in December 2018, Beijing’s relationships with the US and Canada are so steeped in mistrust that they will remain deeply troubled, they said.…

Chinese crackdown on bitcoin another blow to Cathie Wood’s ARK ETF

NEW YORK (Reuters) – China’s moves to crack down on bitcoin trading dealt another blow to Cathie Wood’s ARK Innovation Fund, which outperformed all other U.S. equity funds last year but is now mired among the worst of its peers. Wood, who has said that bitcoin will rally to $500,000, has slightly more than $1 billion invested in cryptocurrency trading firm Coinbase Global Inc, a position that makes up approximately 4.7% of her $21.7 billion fund.…

Bitcoin slips after China central bank vows to crack down on crypto trading SaltWire

LONDON (Reuters) – Bitcoin fell nearly 5% on Friday after China’s central bank said it would crack down on cryptocurrency trading, banning overseas …

social experiment by Livio Acerbo #greengroundit

Bitcoin slips after China central bank vows to crack down on crypto trading | SaltWire

LONDON (Reuters) – Bitcoin fell nearly 5% on Friday after China’s central bank said it would crack down on cryptocurrency trading, banning overseas ……

Largest Ethereum Mining Pool Shuts Down Services in China

The number one Ether mining pool has called it quits in China amid the renewed crackdown Spark Pool, the largest Ethereum mining pool that accounts for 25% of the network’s total hashrate, has announced that it will no longer provide services for miners located in mainland China.…

China Declares All Virtual Currency Transactions “Illegal”, Sending Cryptocurrency Prices Tumbling

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Posted on 09/24/2021 9:25:15 AM PDT by [SeekAndFind](/~seekandfind/)

China expanded its escalating crackdown on cryptocurrencies on Friday when its central bank declared that all activities related to digital coins are “illegal” and must be banned.

In a statement the People’s Bank of China said the latest notice was to further prevent the risks surrounding crypto trading and to maintain national security and social stability.…

Chinese Central Bank Outlaws All Cryptocurrency Transactions

China has outlawed all cryptocurrency transactions, as it is not an approved medium of exchange in the country, the People’s Bank of China (PBC) said on Friday. China already clamped down on cryptocurrency mining operations earlier this year. “Virtual currency is not a legal currency and cannot be used as payment on the market.…

Bitcoin takes a hit as China declares all cryptocurrency transactions illegal

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