The U.S. government is stepping up efforts against Chinese technology companies as it prepares to purge App Stores of “untrusted” … ( read original story …)
Monthly Archives For August 2020
Putin Outlines New Russian Crypto Rules And Banks Prepare For New Exchanges
Russia has revamped the rules of the cryptocurrency game within its borders. In short: cryptocurrencies like Bitcoin, Ether, and others can be traded, but no goods and services in Russia are allowed … ( read…
Ucommune Group Holdings withdraws $100 million US IPO in favor of SPAC merger
Ucommune Group Holdings, a leading provider of shared work space in China, officially withdrew its plans for an initial public offering on Thursday. It originally filed in December 2019 with a … ( read original…
China central bank says it will make policy more flexible and targeted
China’s central bank said on Thursday it would make its prudent monetary policy more flexible and targeted, and keep liquidity appropriately ample to support economic recovery. ( read original story …)
Bitcoin Association to partner with CSDN on Bitcoin SV DevCon: China
Bitcoin Association, the global industry organization that works to advance business with Bitcoin SV, today announces the … ( read original story …)
Siemens CEO: China business performing better than pre-crisis
Siemens CEO Joe Kaeser discusses the impact of the coronavirus pandemic on the German engineering company’s third-quarter earnings. ( read original story …)
How TikTok Found Itself in the Middle of a U.S.-China Tech War
Banning TikTok would be an escalation, but in keeping with a broader trend of economic disengagement between the rival superpowers … ( read original story …)
China sentences Canadian to death on drugs charge
A Chinese court has sentenced a Canadian citizen to death on charges of producing the drug ketamine. A court notice in the city of Guangzhou said Xu Weihong was found guilty after a trial. His alleged…
INTERVIEW: Blockchain can help ‘antique’ iron ore industry thrive amid global steel slump, DBS Bank says
Blockchain technology can help the global iron ore industry thrive amid the headwinds encountered by steelmaking countries around the world, according to Singapore’s DBS Bank. “Much of the iron ore … ( read original story…
Hong Kong foreign press says journalists being targeted in US-China standoff
Foreign journalists in Hong Kong are facing “highly unusual” visa delays at a time of high tension between the US and China, a group representing international media has said. The Foreign … ( read original…
Washington steps up anti-China campaign with ‘Clean Network’ project
Secretary of State Mike Pompeo has launched the ‘Clean Network’ initiative which aims to effectively sever all connections between China and the US in the telecoms and tech world. ( read original story …)
China sentences 3rd Canadian to death on drug charges
China has sentenced a third Canadian citizen to death on drug charges amid a steep decline in relations between the two countries. The Guangzhou Municipal Intermediate Court announced Xu Weihong’s … ( read original story…
Apple focuses on building local supply chain for iPhones sold in China
One such manufacturer includes Luxshare, which has already set up manufacturing plants in China from Taiwan’s Wistron. Another Chinese firm is Lens Technology, who is sourcing metal chassis plants … ( read original story …)