Despite the fact that Chinese authorities misled the world about the coronavirus, top World Health Organization officials have repeatedly gone out of their way to praise China’s “transparency” in … ( read original story …)
Monthly Archives For April 2020
China ramps up tensions with Hong Kong in new statements
China ratcheted up tensions with Hong Kong on Tuesday by voicing its support for the arrests of pro-democracy dissidents over the weekend. ( read original story …)
Companies will shift supply chains away from China after coronavirus crisis, Mark Mobius predicts
Companies around the world will alter their supply chains to be less dependent on China in the wake of the coronavirus crisis, according to investor Mark Mobius. ( read original story …)
Missouri attorney general sues China for ‘campaign of deceit’ around COVID outbreak
The lawsuit, filed Tuesday in the U.S. District Court for the Eastern State of Missouri, alleges that the People’s Republic of China, the Communist Party of China and other governing bodies in the … (…
Americans’ opinion of China nosedives amid coronavirus pandemic, poll finds
Two-thirds of Americans say they have an unfavorable view of China, according to a national poll by the Pew Research Center. ( read original story …)
Blockchain Bites: DeFi Hacker Is Back, Oil Craters and Big Tech Won’t Sue You
Big Tech vows not to sue developers using their patents to build solutions to the COVID-19 pandemic while a hacker returns funds stolen this weekend. ( read original story …)
New Crypto Ponzi Scheme Takes Off in China
In China, a new Ponzi scheme has picked up steam … While the PlusToken scam remains one of the most significant crypto scam operations in history (second to, perhaps, OneCoin), the scam … ( read…
Gucci sales hit hard by start of virus outbreak in China
Gucci sales were hit hard at the beginning of the coronavirus crisis due to its strong reliance on Chinese customers, owner Kering said on Tuesday, though it added that the Italian brand should be ……
Alibaba’s Green Code Let Shops Identity Risk-free Customers in China
Louis Vuitton saw a 50 percent jump in sales in the past three weeks compared to the same period last year, according to sources, and Hermès hauled in $2.7 million on the reopening day of…
Gucci Owner Kering Urges Cautious Assessment of China Rebound
French fashion company Kering gave a cautious assessment of rebounding luxury sales in China following a “deep impact” for its flagship brand Gucci in the first quarter. ( read original story …)
Tapestry Focuses on Global Growth as It Reopens Stores in China
Like the rest of the retail industry, Tapestry (NYSE:TPR), the parent company of luxury goods brands Coach, Kate Spade, and Stuart Weitzman, has had to close stores and shore up cash as it attempts to…
The Foolish GOP Proposal to Open China to American Lawsuits over COVID-19
A bill that makes the judiciary responsible for responding to and punishing China over the COVID-19 disaster is a bill that takes that responsibility away from the political branches where it … ( read original…
U.S. Warships Enter South China Sea Hot Spot, Escalating Tension With China
The move comes as a war of words between the United States and China over the coronavirus pandemic intensifies. ( read original story …)
