Navy patrols through these waters challenge China’s legally unsupported claims of ownership, preventing them from being enforced de facto. In the wake of the Chinese outcry over the two U.S. Navy … ( read original…
Monthly Archives For July 2020
China Rally Will Struggle to Drag Global Stocks Along for Ride
Investors betting the recent surge in Chinese shares could help give the global equity rally a leg up shouldn’t pin all their hopes on the Middle Kingdom.China’s stocks have less than half the … (…
Former Official Says China Needs to Reform Crypto Laws
Cointelegraph has reported previously that a Chinese Communist Party school published a book on crypto. China’s new civil code will include cryptocurrencies such as Bitcoin as part of a person … ( read original story…
Top 10 supermarket brands in China in 2019
CR Vanguard topped supermarket brands in China with sales of 95.1 billion yuan ($13.5 billion) in 2019, while Alibaba-owned retailer Freshhema witnessed the biggest jump in sales at 185.7 percent, … ( read original story…
FBI director: China is ‘greatest threat’ to US
The director of the FBI has said that acts of espionage and theft by China’s government pose the “greatest long-term threat” to the future of the US. Speaking to the Hudson Institute in Washington, ……
The Upside of a New Cold War With China
War and competition, the thinking goes, lead to inherently illiberal measures. Fear favors demagogues who turn insecurity to political advantage. As the Cold War showed, this dang … ( read original story …)
The Virus Has Trapped $111 Billion of Luxury Spending in China
Jeff Meng, a 25-year-old watch lover from a well-heeled Guangdong family, had 160,000 yuan ($22,800) burning a hole in his pocket. He could not find the Rolex Daytona watch he wanted, dubbed “panda” … (…
NYC’s China Fashion Gala 2020 to honor Chinese American icons at virtual event
File video: Outstanding Chinese fashion icons and brands were honored at the fourth China Fashion Gala in New York, the United States, on May 1, 2019. (Xinhua) The event serves as a platform for ……
China could have done more to aid world’s COVID-19 response, top U.S. health official says
U.S. coronavirus task force response coordinator Dr. Deborah Birx said that the United States and other countries could have had a stronger initial response to COVID-19 if China had been more … ( read original…
FBI director says China seeks to compromise U.S. firms researching coronavirus
FBI Director Christopher A. Wray on Tuesday stepped up his criticism of China’s alleged efforts to steal U.S. technology and use subterfuge to pressure policymakers, warning that China is trying to … ( read original…
China Market Update: Mainland Marches On, Profit-Taking In Hong Kong
Hong Kong opened higher but retreated later in the session amid Hong Kong chief executive Carrie Lam’s speech defending the new security law and several new cases of coronavirus. Mainland investors … ( read original…
Cosco Strikes Blockchain Pact for Ocean Cargo With Alibaba, Ant
China’s state-run container line Cosco Shipping Holdings Ltd. will work with Alibaba and Ant, the e-commerce giant’s financial technology affiliate, on using blockchain technology to track goods … ( read original story …)
Moving Out of China? Not really
There is a lot of talk about China losing favor in the business world. For example, CNBC recently argued that they see a significant number of companies moving operations out of China. ( read original…
