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“Biden impotent to Beijing aggression “ The Chinese Communist Party has a singular foreign-policy goal: to dominate the waters of the Indo-Pacific in an effort to eventually conquer Taiwan but also turn the Pacific Ocean into Lake Beijing. And with President Biden’s complete lack of strategy — can he even find Asia on a map these…
“Leaked audio from TikTok meetings revealed China accessed US user data: report” Fears that China could snoop on TikTok users were confirmed in leaked recordings from internal meetings held by the social media app’s parent company, according to a bombshell report Friday. The recordings revealed that China-based employees of ByteDance repeatedly accessed data tied to…
” NFT platforms in China grow 5X in four months despite government warnings “ The popularity of nonfungible tokens is on the rise as recent data shows that the number of digital collectible platforms in China has grown to over 500, a 5X increase from February 2022, when the total number of NFT platforms was…
“China launches high-tech aircraft carrier in naval milestone” BEIJING — Beijing launched a new-generation aircraft carrier Friday, the first such ship to be both designed and built in China, in a milestone as it seeks to extend the range and power of its navy. The Type 003 carrier christened Fujian left its drydock at a…
” Resistance is futile! 3 reasons why Bitcoin mining will never go away “ In the summer of 2021, the Chinese government banned Bitcoin (BTC) mining and cited the typical concerns of harmful environmental effects and money laundering. Now, the Chinese government is working toward establishing its own digital yuan currency. This raises the question…
“Woman blasts boyfriend as ‘cheating b—–d’ after he disappears” A woman in China who found out her “missing” boyfriend was married with kids in Norwich has slammed the “cheating b*****d.” US-born Rachel Waters, 26, launched a desperate search for Paul Magee after he failed to return from a visit to the Norfolk city. She begged…
” The total crypto market cap drops under $1.2T, but data show traders are less inclined to sell “ The total crypto market capitalization has been trading in a descending channel for the past 29 days and currently displays support at the $1.17 trillion level. In the past 7 days, Bitcoin (BTC) presented a modest…
“US companies have West Coast labor talks amid supply-chain crisis” US companies fear a repeat of last summer’s supply-chain chaos – that left store shelves empty and fueled higher prices – as contract negotiations between longshoreman and operators of the nation’s largest ports remain adrift. The contract between some 22,000 dockworkers at 29 ports along…
” Alibaba Cloud launches NFT solution… then quickly memory holes it “ The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new NFT solution and then promptly deleted all mention of it online. According to a now-deleted Twitter post announcing the launch on June 8, the firm’s NFT marketplace solution included…
” Law Decoded, May 30–June 6: Terra’s aftermath in China, Japan and South Korea “ The “long waves” of TerraUSD’s May 7 collapse, which we noted two newsletters ago, are extending even further. Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region. A Chinese state-owned media outlet, the Economic…