Even before COVID-19 reduced incomes and disrupted supply chains, chronic and acute hunger were on the rise due to various factors including conflict, socio-economic conditions, natural hazards, climate change and pests. But 2020 marks the most severe increase in global food insecurity, impacting vulnerable households in almost every country. This brief looks at rising food …
Food culture in China has seen significant changes in recent years. While older generations may recall hard economic times, and traditions of frugal meals, the growing middle class in modern China often wishes to demonstrate wealth by hosting large banquets, where leftovers are a sign of generosity and abundance. A political speech alone or a …
A new law to be passed in China provides for mandatory food banks to aid in providing food for those having difficulty. A food bank in the west is generally structured as a non-profit, charitable organization so in China such food banks may be established under the Ministry of Civil Affairs which manages charity organizations …
A report by the China Academy Science found that in 2015 residents in big cities, including Beijing and Shanghai, wasted 17 to 18 million tons of food, or enough to feed 30 to 50 million people. A quarter of the waste was staple foods like rice and noodles, and about 18% of it meat, the …
Food Waste an Issue as China Grows in Prosperity Read More »
In a recent speech by President Xi after President Xi called for strengthening legislation, supervision, and long-term measures as well as better public education to “resolutely stop food waste.” Then, PRC officials launched “Operation empty plate” encouraging local authorities to enact programs to reduce food waste and encourage food outlets to limit orders to one …
While bitcoin is now up over 180% on a year-to-date basis, gold has added just over 22%. Bitcoin, often touted as digital gold, has decoupled from the yellow metal this quarter with a more than 80% rally. Meanwhile, gold has suffered a 1% drop, with investors pulling money out of physical assets and exchange-traded funds …
Bitcoin’s Rising Popularity with Investors Means Gold Will ‘Suffer’? Read More »
The rise of Bitcon bodes well for other Digital Assets as well, including decentralized finance (DeFi). Bitcoin profits are partially recycled back into other smaller tokens later in the bull cycle. In 2017 that was other blockchains such as Ripple & Litecoin. However, this time around, funds are likely to flow into the new crop …
Some analysists are predicting a $50,000 bitcoin price tag by the end of 2020, however, there is still a long way to go from current levels to $50,000. General sentiment in the Bitcoin community and among professional asset managers who analyses the crypo market, seems to agree that Bitcoin rise is sustainable.
The cryptocurrency landscape has been obsessed with the famous bull run of Winter 2017, but as bitcoin has surpassed its all-time high price of $19,655 , the world of crypto may be venturing toward uncharted territory. The COVID-19 market crash during the spring of 2020 saw BTC fall to around $5,000 momentarily before the prospect …
Bitcoin’s market capitalization has grown alongside its snowballing price tag. The market cap of bitcoin surpassed its own all-time high mark on November 17, 2020. The growth of bitcoin’s market capitalization has been so astronomical that it’s now surpassed the likes of PayPal, Netflix, Coca-Cola and Disney to sit among the top 18 largest commercial …
3. What are the boosts to the appeal of bitcoin？ Read More »
