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“# Chinese cities continue to promote digital yuan through festive lotteries ” Residents of the Longhua District in the Chinese city of Shenzhen will have a chance to participate in a forthcoming lottery event that aims to encourage the adoption of the country’s new central bank digital currency — known alternatively as the DC/EP, digital…
“#Walmart’s ‘Made in the USA’ claims under fire again” Walmart is once again playing fast and loose with the rules when it comes to labeling goods “Made in the USA,” according to an industry watchdog. The world’s biggest retailer — which five years ago managed to dodge a federal inquiry over its labeling practices by…
“#Chinese scientists develop gene therapy which could delay aging” BEIJING – Scientists in Beijing have developed a new gene therapy which can reverse some of the effects of aging in mice and extend their lifespans, findings which may one day contribute to similar treatment for humans. The method, detailed in a paper in the Science…
“#Alibaba stock surges after founder Jack Ma resurfaces” Jack is back — and investors are relieved. Chinese e-commerce giant Alibaba’s stock price surged Wednesday after billionaire founder Jack Ma made his first public appearance in nearly three months. Alibaba’s US-listed shares jumped 6.8 percent in premarket trading to $268.81 as of 7:03 a.m. after Ma…
“# Jack Ma resurfaces in new video after an almost 3-month ‘disappearance’ ” Jack Ma, the founder of Chinese e-commerce group Alibaba, has made his first public appearance since October, bringing almost three months of intense speculation about his possible whereabouts to a close. In a new video clip published online on Jan. 20, Ma was reportedly…
“#Chinese billionaire Jack Ma seen on video after disappearance” Chinese billionaire Jack Ma appeared on video publicly Wednesday for the first time in months, and is reportedly laying low after the lengthy disappearance. Ma’s appearance came at a virtual social welfare event called the “Jack Ma Rural Teachers Awards,” according to the Chinese state-affiliated newspaper…
“#Chinese cities further tighten epidemic control measures amid COVID-19 resurgence” Chinese authorities are further tightening epidemic prevention measures and building a new isolation center in the hardest-hit city to cope with a resurgence of COVID-19 cases. The Chinese mainland on Sunday reported 109 newly confirmed COVID-19 cases, including 93 locally transmitted cases and 16 imported…
“# Bank of France settles $2.4M fund in central bank digital currency pilot ” The Bank of France successfully piloted a central bank digital currency — or CBDC — experiment in December, using the technology to settle monetary fund shares on a private blockchain platform for the first time. As announced by Le Banque de…
“#China’s economy grew 2.3 percent in 2020 despite COVID-19” China was likely the world’s only major economy to expand last year even though it was the first to suffer from the coronavirus pandemic, new data show. China’s gross domestic product — the value of all goods and services produced there — grew by 2.3 percent…
“#Doctor who denied COVID was leaked from a lab had this major bias” Last year, as the China Virus was just beginning to spread across the US, I suggested in these pages that it might have leaked from the Wuhan Institute of Virology. That’s China’s top lab for researching and engineering dangerous pathogens, especially coronaviruses. …