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“Chinese buyers spent record $6.1B on US real estate in 2021” Chinese investors were the most active buyers of US real estate last year among foreigners — spending a record $6.1 billion on homes mainly in Florida and California, according to the National Association of Realtors. Buyers from mainland China, Taiwan, and Hong Kong spent…
“China warns Pelosi Taiwan trip would have ‘severe negative impact’ on relations” The Chinese government warned House Speaker Nancy Pelosi (D-Calif.) against traveling to Taiwan with a congressional delegation Tuesday, saying the jaunt would have a “severe negative impact” on relations between Washington and Beijing. Foreign Ministry spokesman Zhao Lijan issued the warning during a…
“Hackers pose as Twitter employees, journalists in breach tactics” Hackers from China, Iran and Turkey are using new tactics including posing as Twitter employees and journalists in their latest attempts to breach victims’ devices, according to a new cybersecurity study. The report shows how governments around the world are responding to increased political tension by…
“Western ‘dictator envy’ ignores strengths of democracy” Some Western leaders envy dictators’ powers. President Donald Trump said, when North Korea’s Kim Jong-un speaks, “his people sit up at attention. I want my people to do the same.” President Barack Obama told reporters it would be so much easier to be the president of China. Canada’s…
” Two Bitcoin price prediction polls, same outcome: $10K BTC is coming “ Bitcoin (BTC) investors in China plan to buy the dip despite an ongoing market correction and a nationwide crypto ban, a new survey shows. Consensus sees Bitcoin at $10K A survey of 2,200 people conducted on China-based social media platform Weibo found…
” Tencent shuts down NFT platform as gov policy makes it impossible to thrive “ China’s internet giant Tencent has reportedly shut down one of the two nonfungible token (NFT) platforms owing to declining sales aided by the regressive monetary policies of the Chinese government. Tencent shut down one of its NFT platforms on July…
” China’s central bank to expand deployment of e-CNY “ According to China’s state institution Xinhua News Agency, Lan Zou, head of monetary policy at the People’s Bank of China (PBoC), announced that the country would be expanding the number of digital yuan (e-CNY) test sites in the country from 11 to 23. They are…
” Shanghai included blockchain, NFTs and Web3 in its 5-year plan “ China’s biggest city Shanghai officially intends to boost the development of innovations such as blockchain, nonfungible tokens (NFTs), metaverse and Web3 in general during its next five-year plan. On July 13, Shanghai’s Municipal Government published the draft of its “14th Five-Year Plan for…
” Law Decoded, July 4–11: Access denied for crypto-owning policymakers “ It’s been a century or so since the property qualification came out of vogue, but it doesn’t seem a problem if you want to apply it to crypto and policymaking. An advisory notice released by the United States Office of Government Ethics last week…
” US inflation data will be ‘messy’ — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts another week in a precarious position near $20,000 ahead of fresh macro upheaval. After admittedly sealing its best week’s gains since March, the largest cryptocurrency is struggling to hold onto its recently-reclaimed levels. Major resistance…