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“#Facing China’s challenge means spending more on defense, Joe” President Biden isn’t known for austerity, except when it comes to defense. As part of his (welcome) emphasis on competition with China, Biden cajoled European countries at the G-7 summit into releasing a statement critical of Beijing. He also announced an infrastructure program meant to counter China’s…
“#Wuhan lab was batty and other commentary” Pandemic journal: Wuhan Lab Was Batty Despite the insistence of Peter Daszak — a “longtime partner of the Wuhan Institute of Virology and one of the most staunch and outspoken critics of the lab-leak theory” — the lab “did indeed have live bats within its walls,” reports National…
“#NATO members vow to counter threats from China, Russia” NATO members vowed to engage with China to counter Beijing’s expanding military might around the world and warned Moscow there will be no return to “business as usual” as long as it continues to violate international norms and threaten members of the 30-nation alliance. The communique…
“# China-based Rangers Protocol raises $63M via private equity round ” The newly rebranded Rangers Protocol has raised $63 million via private equity to expand its high-performance blockchain protocol, potentially signaling that Chinese blockchain enterprise is on the rise despite a blanket ban on cryptocurrency trading in the country. The Shanghai-based Rangers Protocol describes itself…
“#Operator says China nuclear plant facing ‘performance issue’” HONG KONG — The French joint operator of a Chinese nuclear plant near Hong Kong said Monday that the plant is dealing with a “performance issue” but is currently operating within safety limits, following a report of a potential radioactive leak. The Taishan Nuclear Power Plant is…
“# China debuts blockchain-based digital yuan salary payments in Xiong’an ” China is progressing with its central bank digital currency (CBDC) tests, debuting blockchain-enabled salary payments in the digital yuan. According to the official website of the Xiong’an New Area, the People’s Bank of China (PBoC) has successfully completed the nation’s first on-chain wage payouts…
“#Biden pressed on G-7 and China’s human rights violations” President Biden said Sunday that the G-7 has taken “plenty of action” against China’s human rights abuses against 1 million Uighurs in the country. Bloomberg reporter Jennifer Jacobs pressed Biden on whether the G-7 leaders’ response to China’s alleged human rights violations in Xinjiang Province was…
“#China official insists COVID lab-leak theory ‘absurd’ in Blinken call” A top Chinese diplomat told Secretary of State Antony Blinken on Friday that the theory that COVID-19 leaked from a laboratory in the city of Wuhan was an “absurd story,” the country’s state media reported. Yang Jiechi, the head of Beijing’s Central Foreign Affairs Commission,…
“#China’s children may be next in line for COVID-19 vaccines” TAIPEI, Taiwan — If China is to meet its tentative goal of vaccinating 80% of its population against the coronavirus by the end of the year, tens of millions of children may have to start rolling up their sleeves. Regulators took the first step last…
“# Shanghai Man: Bitcoin interest drops in China amid crackdown on social media and miners ” This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. This week, following a tumultuous few weeks…