Chinese
Bitcoin crashes as Chinese Vice-Premier Liu vows to crack down on mining, trading
BTC/USD has dropped $38,000 in response to headlines saying that China’s Vice-Premier Liu He said to “resolutely prevent and control financial risks.” The senior official added that Beijing will crackdown on Bitcoin mining and trading activities. More broadly, Liu added that the government will severely punish those conducting illegal financial activities. Update: Bitcoin has extended …
U.S. Space Command tracks Chinese rocket for uncontrolled re-entry from orbit
Remnants of a large Chinese rocket launched last week are expected to plunge back through the atmosphere this weekend in an uncontrolled re-entry being tracked by U.S. Space Command, the U.S. military said on Wednesday. The Long March 5B rocket blasted off from China’s Hainan island on April 29 carrying the Tianhe module, which contains …
The Pentagon is tracking an out of control Chinese rocket expected to crash into Earth
The Chinese Long March 5B rocket launched Tianhe, the core module of the Chinese Space Station. CMS It sounds like the plotline for a Bruce Willis movie: The Pentagon said in a statement Tuesday that it’s tracking a large Chinese rocket that is out of control and expected to reenter Earth’s atmosphere this weekend. The …
‘Out-of-control’ Chinese rocket falling to Earth could partially survive re-entry | Space
Part of a huge rocket that launched China’s first module for its Tianhe space station is falling back to Earth and could make an uncontrolled re-entry at an unknown landing point. The 30-metre high core of the Long March 5B rocket launched the “Heavenly Harmony” unmanned core module into low Earth orbit on 29 April …
Record number of Chinese to travel over Labour Day break, but stick close to home
People wearing masks are seen arriving at Shanghai railway station in Shanghai, ahead of the 5-day Labor Day holidays, in China April 30, 2021. REUTERS/Aly Song A record-breaking wave of Chinese tourists will hit the road for the Labour Day break, and with borders still shut many will be travelling domestically, to more remote locations …
Chinese Covid-19 vaccine efficacy is ‘not high,’ top health official admits
“The protection rates of existing vaccines are not high,” Gao Fu, director of the Chinese Center for Disease Control and Prevention, told a conference in the southwestern city of Chengdu on Saturday. He listed two options to solve the problem: one is to increase the number of doses, or adjust the dosage or interval between …
Evergreen truck, like the Evergreen ship, blocked a Chinese highway
No, you’re not imagining things. Evergreen, whose container ship Ever Given was just extracted from the Suez Canal Monday morning after blocking traffic through the vital Middle Eastern artery for days, was at the center of yet another bottleneck. A truck bearing one of its containers blocked a highway in China after what appeared to …
China sanctions: US and allies announce sanctions against Chinese officials for ‘serious human rights abuses’ against Uyghurs
“Chinese authorities will continue to face consequences as long as atrocities occur in Xinjiang,” said the Treasury Department’s Director of the Office of Foreign Assets Control Andrea M. Gacki. “Treasury is committed to promoting accountability for the Chinese government’s human rights abuses, including arbitrary detention and torture, against Uyghurs and other ethnic minorities.” The US …
Myanmar coup: Chinese factories set on fire and at least 38 killed in deadliest day since military seized power
The heaviest casualties were in an industrial suburb of the largest city Yangon, where military and police opened fire on unarmed protesters, killing at least 22, according to the advocacy group the Assistance Association for Political Prisoners (AAPP), which said Hlaingthaya district “became like a battlefield.” In one unverified image, a protester can be seen …
Chinese Technology Stocks Have Fallen Harder Than U.S. Peers
An index of the largest technology stocks listed in Hong Kong has dropped 26% in less than three weeks, reflecting how a sudden turn in the market has snowballed into significant losses for investors who piled into popular stocks earlier this year. The Hang Seng Tech Index—which tracks 30 companies including Chinese internet giants Tencent …
