To all appearances, Silicon Valley is remarkably chilled about the new cold war. But the extent to which the US tech sector has become dependent on China is under-appreciated. Beneath the rhetoric of … (…
Monthly Archives For August 2020
China opposes U.S. orders against TikTok, WeChat, to defend interests
China’s foreign ministry firmly opposes executive orders announced by U.S. President Donald Trump banning U.S. transactions with the Chinese owners of messaging app WeChat and video-sharing app TikTok … ( read original story …)
Europe Stocks Slip as U.S.-China Technology Dispute Intensifies
European stocks opened slightly lower on Friday after a slump in Asian equities that followed two U.S. executive orders against China’s most popular mobile apps, raised fears of further escalation, … ( read original story…
Trump Widens China Tech Attack, Ordering Bans on TikTok and WeChat
President Donald Trump signed a pair of executive orders prohibiting U.S. residents from doing business with the Chinese-owned TikTok and WeChat apps beginning 45 days from now, citing the national … ( read original story…
China’s New Yuan Loans Expected to Fall in July: Reuters Poll
China’s new bank loans are expected to fall in July after record lending in the first half of the year, but are still likely to be higher than a year earlier, … ( read original…
China Becomes a Refuge for U.S. Companies After Overcoming Covid-19
Despite rising political tensions, American brands have suffered little commercial fallout among Chinese consumers, enabling them to capitalize on the economic rebound in China … ( read original story …)
Jobs Report Expected to Show Momentum Slowing: Live Business Updates
China tensions, with a fresh labor report on tap. The July jobs report is likely to reflect lost momentum. China’s exports rise despite the virus, surprising economists. Denmark has one of the … ( read…
Hong Kong’s rich are moving gold out of the country on fears of what China’s draconian law may do to its autonomy
Hong Kong’s rich are moving gold out of the capital to ward off the impact of a Draconian law, the Financial Times reported Friday. The … ( read original story …)
China’s Baozun Picks Banks for Hong Kong Second Listing
China’s No. 2 online retailer JD.com Inc … please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ( read original story …)
Surging COVID-19 cases, U.S.-China tensions keep London stocks muted
Aug 7 (Reuters) – Trading in London-listed shares was subdued on Friday as rising COVID-19 cases and U.S.-China tensions dented sentiment at the end of a … ( read original story …)
China Trade Rides a Wave in July After Coronavirus Restrictions Ease
China’s exports picked up momentum in July for the second straight month, as global demand recovered with the easing of coronavirus-related restrictions. ( read original story …)
Beijing Launches Another Demolition Drive, This Time in Its Bucolic Suburbs
The authorities have moved to demolish hundreds of homes in the hills near the Great Wall that were once a sign of China’s rising prosperity. ( read original story …)
China risks paying ‘high cost’ for South China Sea intimidation, Japan defense chief says
China’s attempts to change the status quo in the South China Sea by force risks provoking a stern response from the international community, Japanese Defense Minister Taro Kono told CNN in an … ( read…
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