What makes China a world cryptocurrency mining hub?

What makes China a world cryptocurrency mining hub [CGTN]
What makes China a world cryptocurrency mining hub [CGTN]
CGTN | 19-Apr-2021 | By Chen Yurong

China’s Inner Mongolia’s recent proposal o “clean up and shut down” all cryptocurrency mining operations by the end of April 2021 gave the already high-flying bitcoin’s prices another boost. With comparatively better investment returns than most traditional assets during the COVID-19 pandemic, Bitcoin has been under the spotlight in the financial market. A year ago, one bitcoin would cost about $6,000. However, today, its price hovers around $55,000, nine times what it was year on year, even reaching over $61,000 at one point. Continue reading “What makes China a world cryptocurrency mining hub?”

Xinjiang Must Unite, Not Divide, China And Turkey

Xinjiang Must Unite, Not Divide, China And Turkey [OneWorld]
Xinjiang Must Unite, Not Divide, China And Turkey [OneWorld]
OneWorld | 19-Apr-2021 | By Andrew Korybko (American political analyst)

Because of how sensitive the issue is both in general and for bilateral relations, it deserves to be discussed more thoroughly. A controversy occurred earlier this month after two Turkish opposition politicians expressed support for separatism in Xinjiang. The Chinese Foreign Ministry condemned their counterproductive remarks, which in turn prompted Ankara to summon the Chinese Ambassador. Continue reading “Xinjiang Must Unite, Not Divide, China And Turkey”