“The fact is Hong Kong is sitting here as the gateway to China for capital into China and out of China. That’s only become more clear,” said StanChart’s CEO Bill Winters. ( read original story…
Monthly Archives For September 2020
China’s Sinovac to test coronavirus vaccine candidate in teenagers, children
Chinese vaccine maker Sinovac Biotech plans to start a clinical trial of its experimental coronavirus vaccine with children and adolescents later this month, widening its test on a shot that’s already … ( read original…
China remains ‘hugely important’ to the global economy, says Standard Life Aberdeen chairman
Geopolitical tensions between China and other countries can present new challenges for businesses, but the Asian giant’s role in the world has not diminished, said Douglas Flint, chairman of Standard … ( read original story…
Jack Ma’s Ant Group Hit by Flurry of New Rules Ahead of Mega IPO
Ant Group was dealt another blow by yet more regulations to contain risks in the country’s burgeoning online lending industry as Jack Ma’s financial technology giant prepares for its initial public … ( read original…
Beijing is publicizing its philosophy of how tech firms like TikTok must aid China’s rise
Sometimes it seems like Beijing is working at odds with its tech giants. Much of TikTok’s last year has been characterized by efforts to show it’s keeping a safe distance from the Chinese Communist ……
China’s BSN to ‘Localize’ 24 Public Blockchains by Making Them Permissioned
China’s state-sanctioned blockchain infrastructure project is finally bringing public chains to its Chinese users – but with a significant twist. The Blockchain-Based Service Network (BSN), a … ( read original story …)
China welcomes U.S. firms to expand investment: commerce official
Tourists admire the skyline view of Lujiazui area at the Bund in Shanghai, east China, Jan. 6, 2020. (Xinhua/Wang Xiang) BEIJING, Sept. 17 (Xinhua) — U.S. companies are welcome to step up investment … (…
Illinois businesses targeted by Chinese ‘crypto-jacking’ effort
Team has learned that Illinois businesses were among the targets of corporate thievery by hackers who appear linked to Chinese intelligence. ( read original story …)
Mainland China Reports Nine New COVID-19 Cases Versus 12 a Day Earlier
SHANGHAI (Reuters) – Mainland China reported nine new COVID-19 cases as of Sept. 16, down from 12 reported a day earlier, the country’s national health authority said on Thursday. The National Health … ( read…
American stuck in China during coronavirus pandemic is back home months later
American Kurt Mitenbuler left for what he thought would be a typical vacation to China last December, but didn’t make it home until nine months later. He was planning to travel for a … (…
Western journalists are getting squeezed out of China by superpower tensions
As the government detains, expels and denies visas to reporters, top news outlets lack eyes and ears in China. ( read original story …)
China debt dogs Maldives’ ‘bridge to prosperity’
And the single mother of two teenagers has China to thank. A 2.1km (1.3-mile), four-lane bridge built with $200m (£148m) from Beijing means Male’s taxi drivers can now pick up passengers right from … (…
U.S. accuses China of harboring hackers who targeted video game firms, universities and other companies
The Justice Department has charged five Chinese nationals in separate global hacking schemes targeting more than 100 video game firms, universities and other victims, officials said Wednesday while … ( read original story …)