As a result, shares of Chinese companies involved in providing 5G services and products like Xiaomi and ZTE rose on Monday. To encourage the application of 5G, 10 fields and industries were chosen to ……
Monthly Archives For August 2020
China’s National-Security Law Reaches Into Harvard, Princeton Classrooms
China’s new national-security law means classes at some elite U.S. universities will carry a warning label this fall: Material may be considered politically sensitive by Beijing. And schools are … ( read original story …)
Trump Is Losing the Tech War Against China
The Trump administration has responded like a petulant child to China’s booming tech presence, from slapping tariffs on Chinese products to banning TikTok. ( read original story …)
Walmart says its second-quarter e-commerce sales surged 104% in China
Walmart’s online shopping strategy is paying off in China, arguably one of the most developed e-commerce markets in the world. ( read original story …)
China stocks lead losses in Asia Pacific; Japan’s exports in July slide on-year
Japan’s exports in July declined 19.2% as compared to a year ago, according to provisional trade statistics from the country’s Ministry of Finance released Wednesday. The fall compared against a … ( read original story…
China’s Rat, Cobra Farmers Feel Coronavirus Pain
Bamboo rat farmer Liu Yanqun was just starting to make plump returns from the rodents in his farm in central China when the coronavirus broke out at the end of last year. The killer virus…
European stocks slip after sell-off in China
European stock markets opened lower on Wednesday, following an equity sell-off in China and despite new record highs for US stock markets overnight. The Hong Kong Hang Seng (^HSI) fell 0.9%, the … ( read…
China-US rivalry means the rules of business are changing fast
Beijing is exercising its trade power against Australia’s wine industry but this is just another example of the hard political border between the China and the US and its allies. ( read original story …)
transcosmos China forms a strategic business alliance with MOEN, a world renowned faucet manufacture, and expands its online business
Aims to make the homeware market go online by grasping consumer needs in the post Covid-19 era TOKYO (PRWEB) August 19, 2020 transcosmos inc. is pleased to announce … ( read original story …)
China seen keeping benchmark LPR unchanged for fourth straight month: Reuters survey
China is widely expected to keep its benchmark lending rate steady for the fourth month in a row at its August fixing on Thursday as the economy continues to recover from the coronavirus crisis, a…
China’s Sinopharm says COVID-19 vaccine will be available by December
“It will not be set at a very expensive price,” he said. China is one of several countries in a cutthroat race to develop a COVID-19 vaccine. In July, the United States agreed to an…
She Was a Communist Party Insider in China. Then She Denounced Xi.
At last I’ve regained my freedom,” Cai Xia, a fierce government critic, said after her expulsion from the party whose officials she once taught. ( read original story …)
Hong Kong Bourse Rides Trading, IPO Surge to Record Profit
Stock trading jumped 33% in the first half, helped by an increase in inflows from the mainland, fueling speculation that Beijing is seeking to stabilize the former British colony after imposing a … ( read…