Shanghai Man: Crypto recovers, disasters strike, and China’s crackdown moves to other sectors
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.
It was a tumultuous week in China outside the financial world with severe flooding hitting Zhengzhou and typhoon In-Fa lashing into cities around Shanghai. Even worse, a COVID-19 Delta-variant outbreak in Nanjing is now threatening to disrupt the relatively open lifestyle that residents have enjoyed since strict anti-infection measures got the initial outbreak under control in early 2020.
Trouble in paradise?
Selling the rumors in advance
Wiping the slate
Looking for greener pastures
Happening in Hangzhou
Top it up with CBDCs
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