Jimmy Zhong, initially a victim of a cryptocurrency theft, has emerged as the criminal mastermind behind one of the most colossal bitcoin thefts in history, ending the mystery of a $3 billion theft from the dark web’s infamous marketplace, Silk Road.
The U.S. government revealed this week that it seized $1 billion in Bitcoin from the Silk Road, a dark web drug marketplace that was shut down by the FBI in 2013. The funds were uncovered through an agreement between the government and an unnamed hacker that acquired the bitcoin when the marketplace was still active.
Kenya’s The Standard newspaper, which previously exposed outrageous discrimination on the part of Chinese workers in the country towards native Kenyans, reported on Sunday that Kenya has let in at least 5,000 Chinese workers to take jobs Kenyans could easily do — and an untold number of others illicitly using tourist visas to take Kenyan jobs.
Contents: China alarmed by consequences of its CPEC investment in Pakistan — terrorism and corruption; China halts CPEC funds over concerns about corruption in Pakistan; Pakistan alarmed about a Chinese ‘debt trap’
China’s decision to temporarily stop funding at least three road projects in Pakistan affiliated with the China-Pakistan Economic Corridor (CPEC) component of Beijing’s ambitious multi-trillion dollar One Belt One Road (OBOR) initiative has left Islamabad “stunned,” reports DAWN.
China will “most likely” try to expand its military footprint in countries that share Beijing’s strategic interests and have long been considered its ally, namely Pakistan, as the communist country increases its “power projection into the Indian Ocean,” reports the Pentagon in an annual report to the U.S. Congress.
Contents: China forum launches the decades-long ‘One Belt One Road’ project; Laborers on China-Pakistan Economic Corridor (CPEC) shot dead on Saturday
STANFORD-LE-HOPE (UNITED KINGDOM) (AFP) – The first-ever freight train from Britain to China, laden with whisky, soft drinks and baby products, started its mammoth journey on Monday along a modern-day “Silk Road” trade route.
A rare collection of 250 documents from the 11th to the 15th century was purchased by the National Library and reveals for the first time the main trade routes of the Silk Road, which stretched from the Far East to Europe.
According to a report at Tasnim News, Chinese President Xi Jinping will make his first visit to Iran on January 22, at the invitation of Iranian President Hassan Rouhani.
Iran will hold its first ever “limited edition” running marathon on April 9 in an attempt to “unite humanity” and improve the Islamic Republic’s image in the West. Women are forbidden from participating.
(Reuters) Islamic finance is gaining prominence as a channel for China to expand its economic influence abroad as banks strengthen ties with Muslim-majority countries and Chinese companies start to tap offshore pools of Islamic funds.
China’s state-run news service, Xinhua, lays it on pretty thick in an editorial titled “Xi’s Epic Bid for Better U.S. Ties Bolsters Asian Peace, Prosperity.”
On Thursday, China launched its second annual China-Arab States Expo in Ningxia province, which the state-run Xinhua news agency describes as “home to more than 10 percent of China’s 20 million Muslims.” Don’t expect that total to be increasing by any significant number of Syrians any time soon.
China’s official foreign capital flight was $300 billion for the year ending June 2015, and it could reach $1 trillion–assuming the People’s Bank of China is even providing reliable numbers.
INTERPOL’s recent Dark Net training session in Singapore provides an interesting glimpse of just how widespread cyber crime has become, and how resourceful the new generation of criminals and terrorists are.
China’s stock market suffered an 8.48% crash on Monday that humiliated the country’s leadership and will almost certainly cause a major Communist Party crisis.
China’s stock market had what traders call a “Dead Kitty” bounce on Thursday as the communist authorities dispatched police and security personnel to “encourage” insider-buying and to arrest short sellers. With the Chinese market still highly inflated even after falling $3 trillion in value, China took action last night to “nationalize” about $6 trillion in losses.
Despite the Chinese communist government’s efforts to hide the severity of the “Black Tuesday” stock crash by indefinitely suspending trading in over a quarter of the nation’s weakest stocks, the Shanghai B Share Index suffered a 9.1 percent loss, while the Shenzhen Exchange plunged 5.8%.
In a move that ties into China’s ambition to rebuild the “Silk Road” trade route and assert maritime dominance, the Communist Party’s Global Times newspaper mused that war with the United States over disputed South China Sea islands was “inevitable” unless the U.S. backed down.
A few weeks ago, Breitbart News took a look at China’s plans to rebuild the fabled “Silk Road” trade route through Asia and Europe. It is an ambitious plan to construct roads, railways, and shipping lanes, potentially consuming a large portion of the construction and transportation capital China has hoarded. Some analysts are skeptical of the plan, believing China is talking a much bigger game than it intends to play.
It is Victory Day in Europe and Russia, but Russian President Vladimir Putin met with Chinese President Xi Jinping instead of celebrating with his World War II allies. The talks include agreements on the economy and energy as Russia continues to suffer under sanctions for the country’s invasion of Ukraine.
China is looking to rebuild the fabled “Silk Road” trade route through Asia and Europe, which is remembered – somewhat apocryphally – as one of the great commercial achievements of the previous millennium. (The last two millennia, in fact, give or take a century.)
