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“# Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain ” Several major banks across Asia have joined forces to construct a cross-border central bank digital currency, according to a joint announcement issued on Feb. 23. Dubbed the Multiple Central Bank Digital Currency Bridge — or m-CBDC — the project sees the Hong…
“#Letters to the Editor — Feb. 23, 2021” The Issue: President Biden’s comment that China’s imprisonment of Muslims is a different cultural “norms.” As I watched and listened carefully to Biden on a CNN Town Hall, I was shocked when he seemingly condoned and excused Chinese President Xi Jinping’s policy on the Uighur Muslim minority,…
“#Chinese spyware code was copied from America’s NSA: researchers” WASHINGTON – Chinese spies used code first developed by the US National Security Agency to support their hacking operations, Israeli researchers said on Monday, another indication of how malicious software developed by governments can boomerang against their creators. Tel Aviv-based Check Point Software Technologies issued a…
“#Chinese state fund invests in gene firm BGI” SYDNEY – The Chinese government has made an investment in BGI Genomics Co, a listed Chinese company that has supplied millions of COVID-19 tests globally as the gene firm seeks to fund exponential growth driven by the pandemic. BGI Group, which runs a massive gene databank in…
“# Ant-backed MYbank to help China expand digital yuan trial ” China’s central bank is pushing exposure to its ongoing national digital currency pilot by enlisting two major private banks in the project. According to a Feb. 22 Bloomberg report, MYbank and WeBank will help the People’s Bank of China extend its user exposure in…
“#Letters to the Editor — Feb. 21, 2021” Don’t change FloridaFlorida’s beautiful weather, no state income tax and all-around wonderful quality of life brings many people from across the country to relocate here (“NYC is back, baby . . . in Fla.,” Feb. 14). I have noticed an alarming trend among those who move from New York…
“#Biden’s horrific excuses for Beijing’s Uighur genocide” The State Department described China’s mass internment of Uighur Muslims as “atrocities” that “shock the conscience.” Former Secretary of State Mike Pompeo and current Secretary of State Antony Blinken both agreed that the horrendous treatment qualifies as “genocide.” President Biden, however, chalked up the systematic rape and abuse…
“#Biden can’t defend China’s abuse of Uighurs as another ‘norm’” To hear the Chinese Communist Party tell it, the network of concentration camps in China’s far west are “vocational schools.” But former women inmates, largely Uighurs and Kazakhs, tell a different story. They describe the camps as houses of horrors where Chinese camp guards systemically…
“#Alone in locked down London, fleeing Hong Kongers seek new life” LONDON – London was never on Hong Konger Aragorn’s wish list of places to visit, but now the 36-year-old is trying to build a new life in the British capital after fleeing a security clampdown in his birthplace. Aragorn, who did not want to…
“# Fortune 500 firm Geely to launch joint blockchain venture in China ” Swiss enterprise blockchain developer, the Concordium Foundation, has signed a joint venture agreement with the $200 billion Chinese conglomerate, Geely Holding Group — the largest shareholder in Volvo and a Fortune Global 500 company. The joint venture will be 80% owned…