Medical breakthroughs aren’t necessarily a must-have ingredient to revive the struggling hotel industry, according to Hyatt CEO Mark Hoplamazian. ( read original story …)
Monthly Archives For August 2020
Factory exposion in China’s Hubei province kills at least 6, report says
Six people were killed and four others injured in an explosion Tuesday at a chemical factory near the Chinese city of Wuhan, according to a report. ( read original story …)
Here’s What China Says About TikTok Being Sold To Microsoft, Potential Ban
The potential sale of TikTok while under threat of a ban from the White House would no doubt “deepen the trend of increasing polarization between the U.S. and Chi … ( read original story …)
Cango Inc. Wins “Best Auto Finance Risk Management Innovation Award” at the 5th Annual China Auto Finance International Summit
PRNewswire/ — Cango Inc. (“Cango” or the “Company”) (NYSE:CANG), a leading automotive transaction service platform in China, … ( read original story …)
Microsoft CEO Nadella Wades Into U.S.-China Tensions in TikTok Pursuit
Merger deals are rarely simple. But Microsoft’s CEO now is attempting to ink a takeover agreement that satisfies not only both the companies and their shareholders, but two governments in bitter … ( read original…
Class Action Lawsuit Claims TikTok Steals Kids’ Data And Sends It To China
The Trump administration considers TikTok a national security threat because its parent company, ByteDance, is based in China. President Trump said Monday … TikTok’s corporate affiliates and … ( read original story …)
Whistleblower makes the wildest claim yet about the coronavirus origin in China
Dr. Li-Meng Yan appeared in interviews online after leaving Hong Kong, accusing China of having lied about person-to-person transmission of COVID-19. In a new interview, Yan said she found … ( read original story …)
Young Girls are Taught Inline Skating in Beijing, China
Young Chinese girls, not wearing protective face masks, are taught the basics of a new sports fad – inline skating – outside a park as life returns to normal after the Covid-19 scare in Beijing…
China Market Update: “ATMX” (Alibaba, Tencent, Meituan Dianping, And Xiaomi) Shine In Hong Kong Despite TikTok “Smash And Grab”
Asian equities rebounded overnight as NasdaqNDAQ reached a new high yesterday in the US. Hong Kong rebounded 2% as new coronavirus cases fell locally day over day, as growth stocks led the volume … (…
How COVID, Hong Kong, 5G spying broke Israel’s US-China balance
There was a distant conflict between the US and China over whether Israel would use Chinese technology for a future 5G communications network, but this could also be papered over – or so it seemed.…
Blockchain Bites: XRP Sales, INX IPO and Bitcoin Mining Woes
China’s bitcoin miners are in a rut, Ripple shows signs of sales growth and INX scaled down its IPO vision. China’s severe flooding, the worst in decades, hasn’t overwhelmingly impacted the bitcoin … ( read…
Coronavirus live updates: Regeneron reports positive results for antibody drug; WHO explores virus origin in China
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Coronavirus relief talks are set to resume Tuesday ……
Beijing’s Retaliation on TikTok Could Hurt U.S. Firms
The Chinese government might retaliate to either a U.S. government outright ban or a forced sale of TikTok, but the long-term implications of a forced sale are potentially more worrying. Although … ( read original…