Bitcoin’s price tumbled Friday following an intensified call from Chinese authorities to crack down on mining and trading of the cryptocurrency. Chinese Vice Premier Liu He and the State Council said in a statement that tighter regulation is needed to protect the financial system. The statement, released late Friday in China, said it is necessary […] Read more
Chinese leaders warned at an important economic planning meeting last week that growth still faces many challenges. While the rest of the world still struggles with the shock of the coronavirus pandemic, China is set to be the only major economy to expand this year. President Xi Jinping, Premier Li Keqiang and other leaders who attended […] Read more
China is refurbishing a Beijing hospital built during the 2002-03 Sars outbreak, according to mainland media, as it works to contain acoronavirus that has killed more than 100 people and infected more than 4,500. Xiaotangshan Hospital, on the northern outskirts of Beijing, was used in 2003 to quarantine and treat severe acute respiratory syndrome (Sars) […] Read more
