Eileen Gu, the skier from China, faces backlash for remarks about Trump.
Skier Eileen Gu, an American-born athlete competing for China, stirred up a wave of discussions on social media this week. This came after she reacted to President Donald Trump’s comments about American Olympian Hunter Hess, who expressed mixed feelings about his role in the upcoming Winter Olympics. As the highest-paid Winter Olympian, earning an impressive […]
China Expects 9.5 Billion Journeys During Lunar New Year Travel Season
Lunar New Year Travel Surge Expected in China China’s National Development and Reform Commission projects that around 9.5 billion trips will be taken during this year’s Lunar New Year travel rush, which spans a 40-day period. The Lunar New Year, often referred to as the Spring Festival, marks the country’s peak travel season and is […]
Neville Roy Singham, connected to China, is said to sway left-leaning nonprofit organizations in the US.
Investigation into Foreign Influence in U.S. Nonprofits In a move to address what’s perceived as “malign foreign influence,” House Ways and Means Committee Chairman Jason Smith has ramped up scrutiny of Neville Roy Singham. Singham, an American-born technology entrepreneur currently in China, is suspected of collaborating with foreign governments, particularly for the sake of spreading […]
US Dollar Index remains under 97.00 after China called for limits on Treasury holdings
The US dollar index (DXY), which evaluates the dollar’s strength against six major currencies, has shown weakness for three sessions in a row, hovering around 96.80 during Tuesday’s Asian trading hours. Traders are likely to keep an eye on the US retail sales figures that will be released later in the North American session. The […]
Biotech Explosion in China Results in 8 Deaths, Company Legal Representative Taken into Custody
Tragic Explosion in China’s Shanxi Province At least eight individuals lost their lives in a significant explosion at a biotech facility in Shanxi province over the weekend, as confirmed by Chinese state media. The company implicated in this disaster is Shanyin Jiapeng Bio-Technology, known for its production of various chemicals, including agricultural products and paints. […]
Weekly Markets Update: The Influence of China
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China critic and ex-media mogul Jimmy Lai receives 20-year sentence in Hong Kong security matter
Pro-Democracy Activist Jimmy Lai Sentenced to 20 Years in Prison Jimmy Lai, a prominent pro-democracy figure and former media tycoon from Hong Kong, has been sentenced to 20 years in prison. This marks the harshest penalty under a national security law imposed by China, which has effectively silenced much of the dissent within the city. […]
Scott Bessent asserts that China has honored its trade agreement with Trump and foresees significant economic growth in 2026.
Treasury Secretary’s Outlook on U.S.-China Trade Relations Treasury Secretary Scott Bessent stated on Sunday that China still supports terminating the trade agreement made with President Trump, expressing optimism for “very strong economic growth” in 2026. In November, a significant trade deal was announced by the White House, where China committed to increasing its purchases of […]
Bitcoin difficulty falls more than 11%, marking the largest decrease since the 2021 ban in China.
Bitcoin Mining Difficulty Update As of February 7, 2026, the Bitcoin mining difficulty has recently seen some notable changes. It’s essentially an indicator of how challenging it is to add new blocks to the Bitcoin network. Over the past 24 hours, the Bitcoin price fell about 11.16%, marking its worst drop in a single correction […]
Bitcoin difficulty decreases by more than 11%, marking the largest drop since the 2021 ban in China.
Bitcoin Mining Difficulty Update As of February 7, 2026, the latest predictions for Bitcoin mining difficulty adjustments have come out, reflecting significant changes in the mining environment. The Bitcoin network’s mining difficulty currently stands at 125.86 trillion, effective from block 935,429. Interestingly, the average block time recently clocked in at about 9.47 minutes, which is […]