In a trend that is largely unnoticed outside of the country, Mexico is embracing cryptocurrency at a breakneck speed. ( read original story …)
Monthly Archives For August 2020
A Chinese IPO just raised more than $2 billion amid tensions between U.S., China
Shares of KE Holdings Inc., a Chinese online property platform, initially soared 77% in a blockbuster public debut Thursday that raised more than $2 … ( read original story …)
KE Holdings shares are off to a flying start in IPO debut that raises $2.12 billion
Shares of KE Holdings Inc., a Chinese online property platform, initially soared 77% in a blockbuster public debut Thursday that raised more than $2 … ( read original story …)
Chicken wings test positive for Covid-19 in China, but there’s no evidence of food transmission, experts say
A sample of frozen chicken wings imported from Brazil has tested positive for the novel coronavirus in the southern Chinese city of Shenzhen, authorities said Thursday, the latest in a series of … ( read…
China’s Confucius Institute designated as a foreign mission of Beijing
The State Department has designated China’s Confucius Institute a foreign mission of Beijing, saying the center is an engine for Chinese propaganda efforts in the U.S.Secretary of State Mike Pompeo … ( read original story…
U.S. to Classify Beijing-Backed Confucius Institute U.S. Center as Foreign Mission
The State Department said it is classifying the China-backed Confucius Institute U.S. Center as a foreign mission to draw scrutiny to the ways the Trump administration says the center’s Chinese … ( read original story…
U.S. Military Defends Moves Near Taiwan, China Sends Forces to ‘Safeguard’ Territory
Pacific nation and committed to remaining engaged in the region,” Pacific Fleet spokesperson Navy Lieutenant James Adams told Newsweek. ( read original story …)
Fraud charges, lost patents: How an L.A. auto legend’s China venture crashed
Supercar designer Steve Saleen says Chinese shareholders seized his company and stole trade secrets. Chinese media portray the venture as a bust. ( read original story …)
Amid rising US-China trade tensions, electronics manufacturers like Foxconn will need to build facilities within the markets they plan to sell
Foxconn will have a hard time serving the divergent economic interests of the US and China, as both countries are asking companies to pick a side. ( read original story …)
China to Supply Coronavirus Vaccine to Pakistan
China will supply coronavirus vaccines to Pakistan as part of an agreement for vaccine trials to take place in the South Asian nation, according to Pakistani government officials … ( read original story …)
Coronavirus Was Just Found on This Imported Food in China
In the latest case of coronavirus food contamination, Chinese authorities reported finding traces of the virus on chicken wings imported from Brazil. ( read original story …)
China Market Update: Netease And JOYY Inc Deliver Strong Q2 Results, Offshore RMB Appreciated Versus USD Over The Past Three Months Despite Tensions
Asian equities were largely higher overnight with the Hang Seng posted a small loss. Hong Kong volume leader Tencent -2.02% succumbed to profit taking after posting great Q2 results highlighted by … ( read original…
Chicken wings imported to China from Brazil test positive for COVID-19, Chinese officials say
The CDC says there is no evidence to suggest that consuming or handling food is associated with the coronavirus. ( read original story …)