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Posted on June 16, 2021

New documents show how an investment fund lost millions backing a litigation finance firm that predicted big wins in Chinese courts

An investor who lent about $60 million to iPEL, a litigation finance firm focused on bringing patent cases in China, expects to lose money on it.

( read original story …)



Posted on June 16, 2021

China is kicking out more than half the world’s bitcoin miners – and a whole lot of them could be headed to Texas

In May, Beijing called for a severe crackdown on bitcoin mining and trading, setting off what’s being dubbed in crypto circles as “the great mining migration.” Texas is an ideal destination for …

( read original story …)



Posted on June 16, 2021

Though Few Seem Willing To Admit It, U.S.-China Trade Is Improving

Americans seem less interested in Chinese products, while Beijing appears to be abiding by the agreement it signed with the Trump White House.

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Posted on June 16, 2021

Great Wall Motors starts selling Haval H6 hybrid electric vehicles in Thailand in overseas expansion drive

China’s largest maker of SUVs is launching production at its Thai factory, which is capable of churning out 80,000 cars a year initially …

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Posted on June 16, 2021

Clean air group calls out China-backed coal plant in Bangladesh

The Chinese-backed coal-fired power plant in Chattogram, Bangladesh has been the site of deadly crackdowns on protests.

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Posted on June 16, 2021

Oman beat Bangladesh, India seal third place

Oman defeated Bangladesh 3-0 in Group E of the Asian Qualifiers for the FIFA World Cup Qatar 2022 and AFC Asian Cup China 2023 on Tuesday.

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Posted on June 16, 2021

Sweeping bill to address China tech threat likely to take weeks in U.S. House

A highly touted bill to boost the United States’ ability to compete with Chinese technology could take weeks to get through Congress, as U.S. House of Representatives lawmakers planned to write their …

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Posted on June 15, 2021

China and Hong Kong markets lose ground as investors wait for Fed

Investors are watching for the outcome of the Federal Reserve’s policy setting meeting this week, where decision makers will gauge the strength of the economic recovery and whether emerging signs of …

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Posted on June 15, 2021

MOC official says to support Hong Kong in participating in economic cooperation zones overseas

An official of China’s Ministry of Commerce (MOC) on Tuesday expressed support for the Hong Kong Special Administrative Region (HKSAR) in giving full play to its advantages to participate in economic …

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Posted on June 15, 2021

Beijing accuses NATO of exaggerating ‘China threat theory’

Beijing on Tuesday accused NATO of exaggerating the threat from China and “creating confrontation”, after a vow from the Western allies to work …

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