PanARMENIAN.Net – Shenzhen, a city in South China’s Guangdong Province known as the “new Silicon Valley” for its role as a base for Chinese high-tech companies, announced Monday, August 17 that it has … (…
Monthly Archives For August 2020
China launches anti-dumping investigation into Australian wine
China on Tuesday ramped up tensions with Australia after it launched a probe into wine imports from the country, the latest salvo in an increasingly bitter row between the trade partners. Relations … ( read…
How finance firms are caught in the crossfire between Washington and Beijing
Bizarre though it may seem for share buying to be used as a political protest, it is somehow appropriate in Hong Kong. Beijing’s critics argue that curbs on political … ( read original story …)
China’s Lufax Ties Up With Thai Bank for Local Online Wealth Management
BEIJING — Lufax, one of China’s largest online wealth management platforms backed by Ping An Insurance Group, said its unit has formed an alliance with Kasikornbank to set up an online wealth … ( read…
China’s Ant Group plans consumer finance firm in growth push ahead of IPO-sources
Ant Group, Alibaba’s BABA.N fintech arm and China’s dominant mobile payments company, plans to set up a consumer finance firm in the s … ( read original story …)
Shenzhen announces citywide 5G coverage
Shenzhen Mayor Chen Rugui announced on Monday that the city has achieved full coverage of 5G independent networking. Chen said at a press conference that the city has realized the goal set in 2019 of…
Beijing reports no new COVID-19 cases
Customers buy vegetables at a retail grocery store which has been set up recently next to the Xinfadi wholesale market in Beijing, capital of China, Aug. 15, 2020. (Xinhua/Peng Ziyang) BEIJING, Aug. ( read original…
Trump dangles cash for US firms moving from China
US President Donald Trump wants to offer tax credits to entice US firms to move factories out of China. He has also threatened to strip government contracts from firms that continue to outsource work ……
China’s rain-swollen Yangtze river triggers unprecedented flood alert
China’s biggest river, the Yangtze, and several of its tributaries have risen to dangerous levels after days of heavy rain, forcing tens of thousands of people from their homes and triggering an … ( read…
Between Crypto, Libra, Stablecoins, And Digital Dollars, Congress Introduced 35 ‘Blockchain’ Bills
As Project Libra provided the possibility of a ‘GlobalCoin’ or world currency, the interest in crypto catapulted as Facebook’s idea sparked issues of consumer protection, safety, and soundness in the … ( read original story…
Former CIA Officer Charged With Giving China Classified Information
Alexander Yuk Ching Ma was arrested after an undercover operation in which prosecutors say he accepted cash in exchange for his past espionage activities … ( read original story …)
US finalizes sale of 66 F-16 fighters to Taiwan as China tensions escalate
Taiwan will receive 66 new American-made F-16 fighter jets in the biggest arms sale to the self-governing island in years. ( read original story …)
China Announces Anti-Dumping Probe on Australian Wine
(Bloomberg) — China started an anti-dumping investigation into Australian wine, the Ministry of Commerce said in a statement Tuesday.The probe would normally finish within a year, but can extend to … ( read original story…