China condemns US as warship transits Taiwan Strait again

US Navy says its guided-missile destroyer USS Curtis Wilbur conducted a routine transit through the sensitive waterway. China has called the United States the region’s “greatest creator of risks” after a US warship again sailed through the Taiwan Strait, the narrow waterway that separates mainland China from the self-ruled island of Taiwan. The US Navy’s […]

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Canada, allies to China: Open Xinjiang to ‘independent observers’

Amid allegations of abuse of Uighurs, more than 40 countries urge China to allow the UN access to Xinjiang. More than 40 countries urged China on Tuesday to allow the United Nations human rights chief immediate access to Xinjiang to look into reports that more than a million people have been unlawfully detained there, some […]

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Canada: China seeks probe into Indigenous children’s remains

Joined by Russia, Iran, North Korea and other allies, China calls on the UN Human Rights Council to investigate. China and its allies called on Tuesday for an independent investigation into the discovery last month of the remains of more than 200 Indigenous children at a Canadian boarding school. The remains of 215 children, some […]

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Bitcoin forms ‘death cross’, hinting at more pain to come

Its average price over the last 50 days has fallen below that of its 200-day moving average, a sign of impending losses. After a slew of news related to renewed crackdowns from China triggered a Bitcoin selloff, chartists and analysts are turning to a sinister-sounding technical signal. The original cryptocurrency has formed a death cross, […]

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Hong Kong leader defends crackdown on pro-democracy tabloid

Carrie Lam slams criticism of moves against Apple Daily as attempt to ‘beautify’ acts that endanger national security. Hong Kong’s leader has defended a crackdown on the pro-democracy Apple Daily newspaper, insisting that the arrest of senior editors and a freeze on its assets did not amount to an attack on press freedom. Carrie Lam’s […]

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Poorer nations bear brunt of global development fund dry up: UN

The COVID-19 crisis caused global FDI to plummet by a third, threatening sustainable development goals. The COVID-19 crisis has caused a severe fall in global foreign direct investment (FDI), with investment flows dropping by a third – from $1.5 trillion in 2019 to $1 trillion – in 2020, a new report from the United Nations […]

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Bitcoin falls 10% as China intensifies crypto crackdown

Bitcoin falls to a two-week low after China announced it had summoned bank chiefs to reiterate the ban on providing cryptocurrency services. By Joanna OssingerBloomberg Bitcoin fell to a two-week low amid an intensifying cryptocurrency crackdown in China. The largest virtual currency fell 10% to $32,350 as of 8:50 a.m. in New York. Ether declined 13% […]

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Bachelet seeks Xinjiang trip amid reports of Uighur persecution

UN human rights chief says she is pressing for ‘meaningful access’ to the region this year. UN human rights chief Michele Bachelet has said she hopes to agree terms for a visit this year to China, including its Xinjiang region, to look into reports of serious violations against the Uighur minority. “I continue to discuss […]

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A drop in China’s unemployment rate hides a lack of jobs

China’s unemployment rate has steadily dropped from last year’s pandemic peak though a lack of jobs for graduates and a shortage of skilled manufacturing workers point to underlying problems in the labor market. The urban jobless rate fell to a two-year low of 5% in May, official data showed last week, but unemployment for those […]

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China says 1 billion COVID vaccine doses administered

Beijing plans to fully vaccinate 40 percent of the country’s nearly 1.4 billion people by the end of this month. China has announced that more than one billion doses of the COVID-19 vaccine have been administered in the country, as the world’s most populous nation accelerated its immunisation programme. The announcement by the National Health […]

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