China

The worth of cryptocurrency, including Bitcoin, has been suffered from a massive decline of 50% since it had hit a record high at $63,000 in the month of April this year.

Multiple issues have been highlighted in the summit of G7, like abuses being conducted against Uyghur Muslims and the suppression of pro-democracy protestors in Hong Kong.

The latest move to increase the number of childbirth up to three children has been approved by President Xi Jinping in a meeting with officials belonging to the Communist Party.

Although all trading of cryptocurrency had been banned by China, it is reported that more than 75% of the global mining and trading of Bitcoin is usually done in China.

The sales of January for budget electric cars in China have been around double the numbers of recently launched Tesla, which has been interrogated in February over some safety issues.

Several western automotive brands, including Ford electric Mustang, are targeting China for their products, as the number of sales of electric vehicles is expected to have a strong growth.

During the previous year's border clash between China and India in the area of Ladakh, around 20 soldiers from the Indian military forces have reportedly died.

For the project for smart electric cars, Baidu would provide 'intelligent driving capability' to install in the vehicle, while Geely is in charge of designing and manufacturing process.

Due to the inappropriate monopoly tactics followed by Alibaba, the founder of the tech giant Jack Ma, has already experienced wrath from the regulating authority after a coordinated, concentrated effort over his firm.

Chinese government has recently announced a proposal that contains new regulations which are directly aimed to curb the power of biggest internet giants in the country.

According to the deputy governor of the PBOC, the amount of China digital currency that has been transacted is 1.1 billion Yuan, which is equivalent to $162 million.

The US attempt to ban WeChat has been rapid as it is believed by the Commerce Department that the Chinese Communist Party could possibly use the personal data of American users.