China’s recent measures against bitcoin are notable because they are, in part, motivated by environmental worries.
Bitcoin advocates have long predicted the cryptocurrency’s rise would transform the world for the better. Twelve years on from its emergence, critics say the process of creating bitcoin is now doing quite the opposite — namely, endangering the world with its environmental impact.
The issue has come to a head in China, which is home to nearly two-thirds of the world’s bitcoin mining, according to data for last year from the Cambridge Centre for Alternative Finance. In recent weeks, China
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When Joe Biden took office, many of his supporters thought the first order of business would be unwinding Donald Trump's trade war with China. But his trade czar, Katherine Tai, has been largely MIA, a stark contrast to her predecessor, the fiery and ubiquitous Robert Lighthizer. So what has Tai been up to?
The academic tells us why it's important to understand the Chinese leader's political beliefs and where they come from — as well as their shortcomings.
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