Shandong Luneng hosts a struggling Shenzhen FC side in a Chinese Super League fixture tomorrow. The home side has a formidable squad and pulled off a victory against Guangzhou Evergrande earlier this … ( read…
Monthly Archives For August 2020
Shenzhen mall locked down after coronavirus case
The IBC Mall in Shenzhen’s Luohu district was sealed off and under police supervision on Friday (Aug 14) evening, with around 200 people queuing outside waiting for Covid-19 tests from medical … ( read original…
Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDC
Both the U.S. and China are advancing on their central bank digital currency (CBDC) designs while a Bitcoin developer created a new programming language. ( read original story …)
Exclusive: U.S.-China trade deal review planned for Saturday postponed, sources say
China trade deal initially slated for Saturday will be delayed due to scheduling issues, and no new date has been agreed yet, according to sources familiar with the plans. ( read original story …)
Trump, Pompeo Face Down Beijing in South China Sea As Conflict Brews
China is said to have told its military not to fire first in the South China Sea as tensions with the U.S. rise over the disputed waters. ( read original story …)
China’s top banking regulator vows to track down errant P2P operators who still owe depositors US$115 billion
With only 29 of the more than 6,000 peer-to-peer lenders remaining, China’s banking regulator plans to ease up on the crackdown by the year-end. ( read original story …)
Bitcoin miner manufacturer Ebang plans to launch crypto exchange in Singapore
Nasdaq-listed bitcoin miner manufacturer Ebang is preparing to launch its own cryptocurrency exchange in Singapore.The post Bitcoin miner manufacturer Ebang plans to launch crypto exchange in … ( read original story …)
China retail sales fall fuels concern for global recovery from Covid-19
Retail sales dropped 1.1% in July while industrial production remains subdued … ( read original story …)
U.S. and China Put Trade Above Coronavirus Crisis in Weekend Talks
With Sino-U.S. relations approaching an all-time low, trade negotiators will chat by video link in an attempt to get the “Phase 1” deal back on track. ( read original story …)
Jimmy Lai, the testy tycoon defying Beijing
When the Hong Kong government arrested Jimmy Lai on Monday for alleged violations of the Chinese territory’s controversial new national security law, it dispatched more than 200 police officers to … ( read original story…
China expands digital yuan trials to Beijing and neighboring provinces
China’s Commerce Ministry announced today that it will expand the trials of the nation’s central bank digital currency (CBDC) to include Beijing, as well as Tianjin and Hebei provinces. According to … ( read original…
Ant Group makes pre-listing filing in China for blockbuster IPO
Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding , has made a preparatory filing with China’s securities regulator for its planned blockbuster initial public offering. ( read original story …)
China recovery hopes dented by fall in retail sales – business live
As the first country to be hit by the Covid-19 pandemic, and the first to ease lockdown rules, China is a litmus test for global economic prospects. So it’s rather concerning that retail spending ……
