A purported agent of the Chinese intelligence service is seeking asylum in Australia, bringing with him explosive allegations of widespread interference in political affairs in that country, Taiwan and elsewhere. He claims also to have run a cyberterrorism campaign against supporters of Hong Kong independence. Wang “William” Liqiang indicated to Australian news outlet The Age…
A rising number of companies in China are claiming to be related to blockchain technology. Multiple media outlets have issue warnings to put an end to the frenzy. The Chinese government vows for blockchain, not cryptos. Following Chinese President Xi Jinping’s decision to “accelerate the development of blockchain technology,” a massive number of companies in…
Chinese state media on Sunday said that Chinese Vice Premier Liu He had a “constructive” phone conversation with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. It had been reported in American media that Mnuchin and Lighthizer were scheduled to talk with Liu on Friday. According to Xinhua, the two sides had “constructive discussions” Saturday…
Xpeng Motors, the Chinese electric vehicle startup backed by Alibaba and Foxconn, has raised a fresh injection of $400 million in capital and has taken on Xiaomi as a strategic investor, the company announced. The Series C includes an unidentified group of strategic and institutional investors. XPeng Motors Chairman and CEO He Xiaopeng, who also…
Yang Zuoxing, CEO at MicroBT, is under investigation by the local police. The investigation is allegedly related to a dispute over Bitmain’s intellectual property rights. Yang nor MircroBT have released an official statement. A former Bitmain employee, Yang Zuoxing, is under investigation by the local police in China. The case appears to be related to…
World’s second-largest maker of bitcoin miners not intimidated by the China-US trade war. Canaan Creative has failed to list in Hong Kong and mainland China. Most recent half-year results registered a loss. A threat by President Donald Trump’s administration to delist Chinese stocks on the likes of the New York Stock Exchange and the NASDAQ…
Asian stocks traded mostly lower on Tuesday as Washington and its allies weighed retaliation against Iran for its alleged involvement in weekend drone attacks on Saudi Arabia. | Image: AP Photo/Lee Jin-manAsian stocks tumbled on Tuesday, as the flight from risk assets continued in the wake of devastating weekend attacks on Saudi Arabia’s oil industry.Latest…
Chinese industrial production showed renewed weakness in August. | Image: AFP / China Stocks in mainland China and Hong Kong tumbled on Monday after Beijing reported a sharper than expected slowdown in industrial production, signs that the ongoing trade war with Washington was ravaging domestic producers. Chinese Stocks Decline Mainland China’s Shanghai Shenzhen CSI 300…
Viral Chinese app ZAO is at the center of a privacy storm. | Source: REUTERS/Florence Lo/IllustrationZao is the app of the moment, ranking atop Chinese app sales charts in less than a week. The Zao uses Deepfake technology to allow people to plaster their own faces on top of any character they want after a…
EOS scored an awareness boost after being featured on Chinese television, but critics warn China has become a systemic risk to the cryptocurrency. | Source: ShutterstockEOS received a major boost in awareness this week thanks to a Chinese television show that featured a popular blockchain RPG called Crypto Sword & Magic.”ICS Money Talks,” the only…
