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Posted on May 19, 2021

China Blasts Nancy Pelosi’s ‘Despicable’ Winter Olympics Boycott

The Chinese government has hit out at House Speaker Nancy Pelosi’s call for a “diplomatic boycott” of the 2022 Winter Olympics in Beijing, describing her comments as “full of lies” and a “despicable” …

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Posted on May 19, 2021

Biden vows to win on green energy — but China leads in key area

China leads the U.S. in mining and production of the raw materials that are the building blocks of the green energy industry.

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Posted on May 19, 2021

Bitcoin falls further as China cracks down on crypto currencies

The price of Bitcoin has fallen below $40,000 (£28,210) for the first time in three months, after China imposed fresh curbs on crypto-currencies. Beijing on Tuesday banned financial institutions and …

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Posted on May 19, 2021

Analysis-To tackle climate change, China must overhaul its vast power grid

One of the most pressing challenges for China to meet its pledge to cap carbon emissions this decade and pivot toward renewables is overhauling its electricity grid, the world’s largest, officials and …

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Posted on May 19, 2021

China bans finance firms from servicing crypto transactions

China’s latest attempt to clamp down on a burgeoning digital trading market has sent crypto prices hurtling down.

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Posted on May 19, 2021

UAE, Bahrain to offer Sinopharm COVID-19 booster shots

The United Arab Emirates said on Tuesday it would offer a booster shot of the COVID-19 vaccine from China’s state-owned drugmaker Sinopharm at least six months after the initial two doses. The UAE …

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Posted on May 19, 2021

Sri Lankan court: China-built port board needs public assent

Sri Lanka’s top court has ruled that some provisions of legislation to set up a powerful economic commission in a Chinese-built port city violate the constitution and require approval by a public …

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Posted on May 19, 2021

China-built port needs public approval to set up board, says Sri Lanka’s top court

The ruling comes amid fears that the Colombo Port City, a Belt and Road Initiative project, could become a virtual Chinese outpost.

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Posted on May 19, 2021

China-Nepal border row intensifies as border pillars go missing in Daulkha

Beijing has turned the heat alongside the borders of its neighbouring country Nepal with border pillars vanishing in the Daulkha district of the Himalayan nation …

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Posted on May 19, 2021

Firm founded by son of China finance tsar invests heavily in tech

An investment firm founded by the son of China’s most powerful financial official has invested heavily in technology companies, including units of leading Chinese internet groups Tencent and JD.com.

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