Promoting US-China Friendship | California USA
![China powers most of the world's bitcoin computing [CGTN-CFP]](https://i0.wp.com/usachinatrading.com/wp-content/uploads/2021/05/China-powers-most-of-the-worlds-bitcoin-computing-CGTN-CFP.jpeg?resize=525%2C295&ssl=1)
Bitcoin extended its losses after China vowed to crack down on the cryptocurrency’s mining and trading activities in an effort to prevent financial risks at a meeting chaired by Vice Premier Liu He on Friday. It was a doubled move against virtual currencies coming just after three Chinese financial regulators banned financial institutions from crypto related businesses on Wednesday. Continue reading “China’s crackdown on bitcoin mining, trading extend its losses”
OneWorld | 24-May-2021 | By Andrew Korybko American political analyst
IGAD’s Chinese-backed infrastructure projects will eventually create a regional version of Beijing’s vision for a Community of Common Destiny, one of the central philosophical tenets behind BRI. The Lamu Port-South Sudan-Ethiopian (LAPSSET) Transport Corridor in the northeastern Kenyan port of the same name received its first ships last Thursday. Continue reading “The LAPSSET Corridor Is China’s Latest Silk Road In East Africa”