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Bitcoin traders cautiously optimistic despite uncertainty, skepticism

Some 200 virtual currency enthusiasts excitedly traded namecards and participated in panel discussions Saturday (Shenzhen: 002291.SZ – news) at China’s first-ever Global Bitcoin Summit — but several expressed shock that the event was given the green light in the first place. Bitcoin is a form of cryptography-based e-money that can…

China blocks release of Russell Crowe’s ‘Noah’

Chinese authorities have refused to allow the release there of biblical epic Noah, starring Russell Crowe, which has already been banned in a string of Muslim countries, a source said. Paramount Pictures tried to secure a release slot for the vast Chinese mainland market by stressing its “environmental message” and…

China pushes for rival trans-Pacific trade deal

China is pressing for a vast Asia-Pacific free trade agreement, a senior official said Wednesday, as a rival US-led deal that excludes the Asian giant has yet to reach agreement. Wang Shouwen, an assistant commerce minister, told reporters at a briefing……

Republican lawmakers urge China to adopt American-style religious freedom

US lawmaker urges China to expand religious freedoms (via AFP) China should act to ensure religious freedoms, a top US opposition lawmaker said at the close of an Asia trip held as President Barack Obama also visits the region. House Majority Leader Eric Cantor, the number-two Republican in the lower…

China’s ban on GMO corn costs US up to $2.9 billion, grain association says

China’s rejections of a banned variety of genetically modified U.S. corn have cost the U.S. agriculture industry up to $2.9 billion, a grain group said on Wednesday in the first estimate on losses from the trade disruptions. The National Grain and Feed Association (NGFA) estimated in a report that rejections…

Ancient erotic art offers glimpse of China’s lost sexual philosophy

Ancient paintings of fornicating Chinese couples and phalluses made of stone are among items that Dutch art collector Ferdinand Bertholet hopes will help China reconnect with its sexually charged past. Explicit works spanning from the Han Dynasty (206 BC – 220 AD) to the Qing Dynasty (1644-1911) are among more…

France seizes record haul of counterfeit drugs from China

French customs have confiscated millions of counterfeit drugs imported from China in what they described as the biggest seizure of its kind within the European Union. A total of 2.4 million drugs for various ailments were seized at the end of February……

Chuck Hagel first U.S. defense chief to visit Chinese aircraft carrier

QINGDAO, China (Reuters) – U.S. Defense Secretary Chuck Hagel visited China’s sole aircraft carrier on Monday in an unprecedented opening by normally secretive Beijing to a potent symbol of its military buildup. A U.S. official said the visit to the carrier the Liaoning, at a port in the northern city…

Taiwan stages massive anti-China trade pact rally

Tens of thousands of Taiwanese protesters took to the streets in Taipei on Sunday in a bid to pressure embattled President Ma Ying-jeou to retract a controversial trade pact with China. The protesters, many wearing black shirts and headbands reading……

China’s not the ‘Cookie Monster’ of global resources, ‘gobbling up everything everywhere it looks’

No, China is not the ‘Cookie Monster’ of global commodities (via GlobalPost) HONG KONG — China’s coming for your water. Your food. Your oil. Your iron ore. The country has a “voracious appetite.” At least that’s the drumbeat you’ve been hearing in headlines over the last several years. With nearly…

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