Tag: shanghai
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The fallen kings of crypto
Binance boss Changpeng Zhao has become the most powerful cryptocurrency figure to fall in a two-year period chaotic even by the standards of the notoriously volatile industry. Zhao stepped down as CEO of Binance — the largest crypto exchange in the world — after he and the company pleaded guilty on Tuesday to sweeping US…
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Nio electric car falls from third floor of office, killing two
Two employees were killed, according to Chinese electric vehicle (EV) manufacturer Nio, when one of its vehicles fell from the third floor of its Shanghai headquarters. One staff member and one worker from a joint venture were inside the car as it crash-landed from Nio’s Shanghai office. The incident happened on Wednesday at around 05:20…
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Beijing Covid spike prompts mass testing, panic buying
Fears of a hard Covid lockdown sparked panic buying in Beijing as long queues formed on Monday in a large central district for mass testing ordered by the Chinese authorities, according to AFP. China was already trying to contain a wave of infections in its largest city Shanghai, which has been almost entirely locked down…
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Largest virus outbreak: China relies on TCM to fight Covid-19
Shanghai is distributing to residents millions of boxes of traditional Chinese medicine (TCM), such as herbal products and flu capsules, which it says can treat Covid-19 in the battle to control its largest virus outbreak. China’s commercial capital, now under an extended lockdown, reported more than 17,000 new Covid-19 infections on April 5, including 311…
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China reports highest daily covid tally since pandemic starts
China reported more than 20,000 Covid-19 cases on Wednesday, the highest daily tally given since the start of the pandemic, as millions in locked-down Shanghai began a new round of testing. The country’s “zero-Covid” strategy has come under immense strain as cases spike, with around 25 million residents of Shanghai — China’s largest city and…
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Man in China attempts suicide, ashamed son still single at 29
A man in China allegedly attempted suicide because of his unmarried son, reports Geo News. According media reports, the incident took place at Shanghai Railway Station on January 22 when an unidentified 55-year-old man suddenly fainted after handing over a piece of paper to a security guard. “People my age have become grandparents in the…