Perhaps the most disturbing thing from a free market perspective is the role of state-owned enterprises in China’s trade policy. ( read original story …)
Monthly Archives For August 2020
Beijing’s top HK office says U.S. sanctions are “clowning actions” and “ridiculous”
Beijing’s top representative office in Hong Kong said on Saturday it strongly condemns sanctions imposed by Washington that targeted the bureau’s most senior official in the city, in addition to other … ( read original…
Are Canada’s local politicians a target for Beijing’s global PR machine?
Security experts say Beijing is looking for ways big and small to change the global narrative about the regime. Experts say Canadian officials at all … ( read original story …)
IPO Launch: KE Holdings Finalizes Terms For $1.9 Billion U.S. IPO
KE Holdings (BEKE) intends to raise $1.9 billion from the sale of ADSs representing underlying Class A stock in an IPO, according to an amended registration statement. The company provides an online … ( read…
‘Everything is gone.’ Flooding in China ruins farmers and risks rising food prices
By this time of year, the rice growing on Bao Wentao’s family farm should have been ready to harvest.Instead, heavy flooding has engulfed huge swathes of southern China, including more than 36 acres … (…
Fact check: China is not putting American garlic growers out of business
California’s production of garlic has increased in recent years, while imports from China have decreased. A meme saying otherwise is false. ( read original story …)
Tencent-backed real estate platform Beike aims to raise US$2 billion in New York IPO even as US tightens noose around WeChat
Despite worsening tensions between the world’s two largest economies and an accounting scandal at a high-profile US-listed Chinese start-up earlier this year, firms from the Asian nation have received … ( read original story …)
Chinese State Grid Launches Blockchain-Based Blackout Insurance Policy
A branch of China’s state-backed grid released its first blockchain-powered blackout insurance policy issued to the chairman of a local company that needed to compensate for a power outage loss … ( read original story…
Goodbye, greenback! As they abandon dollar in trade, Russia & China could create ‘financial alliance,’ leading Russian expert says
Moscow and Beijing’s ditching of the US dollar could result in the creation of a “financial alliance,” according to a top Russian analyst. Alexey Maslov believes the partnership is approaching a … ( read original…
WeChat ban could cost companies like Walmart, Starbucks, and Nike big in China
As Tencent assesses how its business might be impacted by a U.S. decision to ban its messenger app WeChat in the country, American companies in China may become unintended casualties due to … ( read…
Apple’s Chinese business could be devastated by Trump’s WeChat ban
President Trump’s executive order banning WeChat could have far-reaching consequences for almost the entire technology industry, thanks to the app’s parent company, Tencent, having investments in … ( read original story …)
World’s most trafficked mammal gives Trump new way to hit China on COVID-19
A petition from environmentalists to reprimand Beijing for illegally trading an endangered species could ultimately bar U.S. ( read original story …)
Beijing warns of consequences if Trump bans US deals with TikTok and WeChat
Ties between the world’s two superpowers are on increasingly delicate ground, following President Donald Trump’s move to prohibit US residents from doing business with the Chinese-owned video-sharing … ( read original story …)
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