China will still drive sales for high-end brands. But luxury retailers are now forced to look beyond China for markets. ( read original story …)
Monthly Archives For August 2020
South China Sea war fears: US accuses Beijing of threatening peace – tensions explode
READ MORE: Beijing erupts as US imposes sanctions over South China Sea islands Visa restrictions will now apply to individuals and businesses “responsible for, or complicity in, either the large-scale … ( read original story…
Beijing claims it has warned a US destroyer in South China Sea after missile launch
The USS Mustin sailed near the Paracel Islands in the disputed waterway after a Chinese missile launch in the region. ( read original story …)
Sen. Tom Cotton on warning from Chinese official that Beijing could restrict lifesaving drug exports to US
Arkansas Sen. Tom Cotton, Republican member of the Senate Armed Services Committee, joins Martha MacCallum with insight on ‘The Story.’ … ( read original story …)
China’s European charm offensive disrupted by activists
Protests against treatment of HongKongers and Uighurs accompany foreign minister’s continental visit … ( read original story …)
US Moves To Seize 280 Cryptocurrency Accounts Linked To North Korean Hackers
The U.S. Department of Justice is seeking to seize 280 cryptocurrency accounts tied to North Korea. In a statement, the Justice Department said these North Korea-affiliated hacker … ( read original story …)
Bitcoin mining farms in China’s Inner Mongolia region are set to face higher electricity prices after a government crackdown
Twenty-one bitcoin mining farms, including those of Bitmain, Ebang and China Telecom in China’s Inner Mongolia region, are set to face higher electricity prices after a local government crackdown.The … ( read original story …)
COVID-19 Fallout Recedes At China Inland Transport Hub Zhengzhou: Forbes China Forum
Yet the growing population in the inland transportation hub ranks among the country’s biggest, totaling more than 10 million. The city boasts a GDP of approximately $150 billion, and is the capital of … (…
World War 3: Moscow and Beijing ‘top priority’ in secret US nuclear attack documents
WORLD WAR 3 seemed like it was certain to break out among global superpowers during the Cold War and the US drew up sobering plans for the “systematic destruction” of major urban centres including ……
The Real China Reshoring Isn’t What You Think
Foreign brands need to retool for more Chinese spending at home. ( read original story …)
Alibaba, others pump billions into new China operator
CBN parent China Radio and Television Network earmarked CNY51.6 billion for a 51 per cent stake, with provincial broadcast networks also participating, the newspaper stated. The company received a 5G … ( read original story…
UPDATE 1-China’s BoCom bank Jan-June profit drops 14.6%, first H1 profit fall since listing
Bank of Communications Co Ltd, China’s sixth-largest bank by assets, reported on Friday a 14.6% decline in first-half profit as sour debt rose amid the coronavirus pandemic. It was the first time the … (…
China’s BoCom bank Jan-June profit drops 14.6%, first H1 profit fall since listing
Bank of Communications Co Ltd, China’s sixth-largest bank by assets, reported on Friday a 14.6% decline in first-half profit as sour debt rose amid the coronavirus pandemic. It was the first time the … (…
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