US-China relations deteriorated further in a Cold War-style standoff Friday as Beijing ordered the US consulate in Chengdu to shut in retaliation for the closure of its own Houston mission — accused … ( read…
Monthly Archives For July 2020
Law Decoded: Lawmakers in World’s Largest Markets Warm to Crypto, July 17-24
In an action that may help undermine one of the most famous crypto blockades in the world, China’s Supreme Court has come out in favor of new protections on crypto as property. China’s … (…
Chinese Property Industry Disruptor Beike Files For $2B US IPO
One of the largest real estate firms in the country, Beijing Homelink Real Estate Brokerage Co., rolled … A $2 billion listing would reportedly make the float the biggest American IPO for a Chinese ……
China May Have Eyed Coronavirus Research at Shuttered Consulate, Officials Say
“From where I sit and you look at what happened with the corona outbreak in China in 2019, they have been very clear about their intent to be the first to the market with a…
Money Reimagined: China’s ‘Cold War’ Blockchain Strategy
China’s new digital currency and Blockchain Services Network are part of a national plan to escape U.S. financial hegemony. ( read original story …)
Tencent-Backed Beike Files U.S. IPO, Said to Aim for $2 Billion
KE Holdings Inc., a Chinese online property platform backed by Tencent Holdings Ltd. that’s also known as Beike Zhaofang, filed for a U.S. initial public offering that could raise about $2 billion, … ( read…
China Orders U.S. to Shut Chengdu Consulate, Retaliating for Houston
The tit-for-tat consulate closures marked yet another round of rising tensions between Washington and Beijing. ( read original story …)
US stocks drop after China escalates tensions with consulate order
China reignited fears of a global tit-for-tat conflict after ordering the closure of the US’s consulate in Chengdu. ( read original story …)
Can Nokia Stock Avoid Paying the China Price?
The Finnish company Nokia (NYSE:NOK) is caught in the middle of the escalating tension between China and the United States. And that may spell trouble for NOK stock. For the better part of five years,…
5G devices hit the headlines as Huawei and Apple beat China’s 17% plunge
At the end of May, China Mobile claimed it currently had 55.6 million 5G subscribers, 11.86 million of which were added during May alone. China Telecom said it has 30.1 million, while China Unicom has…
Senior China diplomat says Sino-U.S. tensions caused entirely by U.S.
Senior Chinese diplomat Wang Yi said on Friday that current tensions in Sino-U.S. relations were entirely caused by the United States. ( read original story …)
China Pushes Energy Reform With Pipeline Deals
China is moving to wean its economy off coal and boost use of cleaner natural gas, with two of the country’s energy giants set to pump nearly $56 billion of assets into a new national…
China will not use property market as short-term stimulus: vice premier
China’s Vice Premier Han Zheng said on Friday that the government will not use the property market as a form of short-term stimulus to prop up the economy, state radio reported. ( read original story…
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