The cryptocurrency industry has continued to advance, with bitcoin prices hitting a record high earlier this week. Stablecoins have come under the spotlight as regulators in Hong Kong and the US push for legislation for the popular tokens. Here we answer five common questions about stablecoins. What are stablecoins and how are they used? Stablecoins…
China and the US have deep misunderstandings about nuclear deterrence, according to international relations experts, setting the two powers up for potentially disastrous consequences. According to Jiang Tianjiao, an associate researcher at Fudan University in Shanghai, the two countries even have different definitions of deterrence – one of the most important concepts in military strategy….
(Bloomberg) — China should issue 2 trillion yuan ($281 billion) of special government bonds to help create a market stabilization fund, according to a top government-linked think tank. Most Read from Bloomberg The fund would promote market stability through the buying and selling of blue-chip stocks and exchange-traded funds, Chinese media outlet the Paper reported,…
Chinese archaeologists have unearthed a tomb dating back some 5,000 years, which they believe is older than any similar discovery and that may belong to a prehistoric king. The tomb, in central China’s Henan province, is part of a burial site that was discovered in late 2021 at Wangzhuang village, in the county-level city of…