China’s new locally transmitted coronavirus cases spiked to a near three-month high, and tighter curbs to restrain the spread are expected in the capital Beijing before a critical gathering of the highest-ranking members of the Communist Party next week. On Wednesday, the National Health Commission verified 93 new local symptomatic cases for Nov. 2, up …
China`s coronavirus spike ahead of Communist Party meeting Read More »
China’s increasing military muscle and its strategy to close America’s control in the Asia-Pacific are disturbing the U.S. defense establishment. American officials see the problem quickly accumulating on multiple fronts. Beijing’s developing nuclear arsenal, progress in space, cyber, and missile technologies, and perils to Taiwan seem like a threat. A possible change in the global …
Afghanistan is projecting to have trillions of dollars in rare earth metals. Countries are interested in swooping in on the country, such as China, must go by international rules. According to Shamaila Khan, AllianceBernstein’s director of emerging market debt, the Taliban militants have emerged with resources. They are a “very frightening prospect for the globe,” …
Official data show that economic activity and throughput in China are lagging. Oil prices fell more than 1% on Monday, meaning new strains of COVID-19 colossal impact the world economy. The price of Brent oil fell by 1.3%, 90 cents per barrel, to $ 69.69. U.S. crude fell 1.4 percent, or 97 cents, to $ …
Fluctuation in Chinese Demand and Decreasing Oil Prices Read More »
Oil prices plummeted 4% on Monday. It extended the previous week’s sharp losses on the back of a strengthening U.S. currency and concerns about new coronavirus-related restrictions in Asia. Particularly China could hinder a worldwide recovery in fuel demand. A severe warning from a United Nations panel on climate change added to the sombre atmosphere …
According to the latest news, Tencent Holdings fell 11% Tuesday. This came after China branded the spiritual opium and electronic drugs of games. It stoking fears China will next set its sights on online entertainment. Tencent joined its competitors NetEase and XD in an abrupt sell-off in early Hong Kong trading. This came after the …
Tencent Falls Amid Fear China Will Crack Down On Gaming Read More »
Bitcoin might have experienced its most significant coordinated attack during the last several months. However, the investor community did not capitulate in this instance. After giving miners notice, China completely banned mining in most regions, which caused the single most considerable mining difficulty adjustment. However, the situation of Bitcoin seemed already damaged after Elon Musk …
China is considering increasing taxes on steel exports to fulfil the twin aims of limiting domestic output and taming rising costs, fueled inflation fears. According to two persons familiar with the situation who asked not identified because they are not authorized to speak to the media, potential rates are being discussed, ranging from 10% to …
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