The People’s Bank of China has banned Chinese banks from handling transactions in bitcoins because it is a virtual currency not backed by any central authority. Here are the…
BEIJING — Following the successful launch of its first lunar rover, the Chinese government has declared a defensive zone extending vertically from China into space and encompassing the moon.
The Lunar Defense Obliteration Zone, according to newly appointed space minister Wu Houyi, “will protect China’s core interests and interplanetary sovereignty.” All foreign spacecraft, satellites, comets and space debris must notify China before passing through or into the zone.
The Chinese government has established an “Air Defense Identification Zone” in the East China Sea which encompasses the disputed Senkaku/Diaoyu Islands, increasing tensions with Japan and the U.S. Here are the feelings of the Chinese people.