China disputes … ( read original story …)
Monthly Archives For August 2020
China has managed to recover ‘very, very quickly,’ Siemens CEO says
Business activity in China has recovered quickly from the start of the coronavirus health crisis, the CEO of one of Europe’s largest manufacturers told CNBC. ( read original story …)
5G optical component shipment momentum to continue into 4Q20
Robust demand for optical components for 5G applications is expected to continue into fourth-quarter 2020 as related 5G infrastructure construction projects for the year in China will peak in … ( read original story …)
China’s ‘very lopsided’ stimulus measures have ‘real downside risk’, analyst says
Recent Chinese data shows relatively high volumes of online sales and infrastructure building for instance, but order flows are raising “some suspicion” of “lots of stockpiling,” says Andrew Collier … ( read original story …)
China’s Open Source Development Has Lessons for the US
While the U.S. complains about TikTok and Chinese IP theft, the superpower is forging a new form of development based on open source networks. ( read original story …)
China’s 500 top brands see 13% jump in value
The latest list of 500 most valuable brands in China was released on Wednesday, with the total value of top 500 brands reaching 24.69 trillion yuan ($3.86 trillion) in 2020, a 12.9 percent increase ……
TikTok deal tests Microsoft’s decades of experience in China
More than two decades of efforts by Microsoft to put down roots in China may soon bring a partial pay-off, if it succeeds in steering through the purchase of TikTok’s US busines … ( read…
China’s economic growth indicators are ‘lopsided,’ analyst says
China’s economic growth indicators are lopsided, pointing to possible downside risks for the country in the second half of 2020 as it tries to recover from the coronavirus pandemic, said an expert on … (…
China aims to use its CBDC to rival Alibaba and Tencent
China plans to use its digital currency electronic system to rival Alibaba and Tencent. These two tech giants haven’t been listed as participants of the digital currency project. The People’s Bank of … ( read…
China says it has no intention of ‘becoming another United States’
Chinese State Councilor and Foreign Minister Wang Yi said “today’s China is not the former Soviet Union” and accused the U.S. for attempting to start a Cold War. ( read original story …)
FACTBOX-Bank runs among China’s small lenders on the rise
Reports of bank runs among China’s small lenders have increased this year, fuelled by persistent online speculation over funding crunches and poor corporate governance in an economy weakened by … ( read original story …)
Asia Markets Mixed As Traders Weigh Stimulus, China-US Tension
Asian markets were mixed Thursday following a two-day rally, with nervous investors keeping an eye on stuttering stimulus talks in Washington, while China-US tensions continued to weigh on confidence. ( read original story …)
China’s major state banks start internal testing of digital wallet application: media
China’s major state-run commercial banks are conducting large-scale internal testing of a digital wallet application, moving a step closer to the official launch of a home-grown digital currency, the … ( read original story …)
