US President Donald Trump and Beijing are at loggerheads over ByteDance’s deal with … with Oracle and Walmart holding up to a combined 20 per cent stake, after a pre-IPO financing round. However, … (…
Monthly Archives For September 2020
Amid China’s Bumpy Rise, Xi Faces Delicate Moment at UN
The descriptions that China’s state media rolled out ahead of leader Xi Jinping’s speech at the annual gathering of world leaders at the United Nations were hardly unexpected. ( read original story …)
U.S.-China fight over fishing is really about world domination
China’s aggressive, sometimes illegal fishing practices are the latest source of conflict with the United States. ( read original story …)
China Fines Luckin Coffee and Dozens of Firms That Helped It Inflate Results
China’s top commerce regulator fined Luckin Coffee Inc. and dozens of companies that helped the coffee chain inflate its sales and expenses, wrapping up a monthslong investigation into the … ( read original story …)
Japan PM Suga, China’s Xi to Hold Phone Talks Friday: Kyodo
Japanese Prime Minister Yoshihide Suga and Chinese President Xi Jinping are planning to hold talks by telephone on Friday, Kyodo News reported, their first discussion since Suga took over as Japan’s … ( read original…
5 things to know for September 22: Coronavirus, SCOTUS, China, Navalny, Botswana
Please subscribe to keep reading. You can cancel at any time. Nearly 11 million people are under flash flood watches across the Texas and Louisiana coasts after Tropical Storm Beta made landfall … ( read…
China jails Xi critic to 18 years on corruption charges
A former Chinese property executive who openly criticized Beijing’s handling of the coronavirus pandemic was sentenced to 18 years in prison on corruption charges Tuesday, a court announced.Ren … ( read original story …)
Huazhu Group, China’s second-largest hotel operator, eyes expansion amid consolidation that could wipe out independent firms
Huazhu Group, China’s second-largest hotel group by number of rooms, said on Tuesday it expected the coronavirus pandemic to unleash the sector’s first consolidation wave in over a decade, which could … ( read original…
Where Trump and Biden Stand on China
The hard line the U.S. has taken on China in recent years is likely to continue no matter whether President Trump or Democratic challenger Joe Biden wins the presidential election. ( read original story …)
China Telecom leads mobile growth in August with 1.6 mln new customers
China Telecom added the most new mobile subscribers in China in August, growing by around 1.6 million to a total of 347.69 million. Market leader China Mobile lost another 473,000 customers to reach … (…
Positive on China markets, ESG and technology sector, strategist says
Paul Sandhu of BNP Paribas Asset Management discusses where he is seeing market opportunities under the current uncertain economic environment. ( read original story …)
Big Tech, Payments Firms May Be Targets Of China’s ‘Blacklist’
21) that leadership within China has “sped up development” of a list of U.S. firms that could conceivably be targeted for punishment amid the escalating spat that has focused on technology, data … ( read…
China unlikely to approve TikTok deal with Oracle, Walmart, state-owned paper says
China’s Ministry of Commerce in late August revised a tech … It also denounced the need for a ByteDance to reveal source code to Oracle as part of the latter’s role of “trusted technology partner”…
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