Ant Group is most notably a provider of financial technology that is known for its Alipay platform and is partially owned by Alibaba, the ” Amazon of China .” The IPO is expected to launch…
Monthly Archives For October 2020
China’s Tourist Spots Are Full, but Wallets Are Still Light
China’s consumers are slogging back toward normalcy, but weak holiday spending shows the recovery is far from complete. ( read original story …)
Trump says U.S. economic recovery is faster than any other country’s — but China is leaps and bounds ahead
China’s economic growth is in double digits, Japan’s Nikkei index is doing better than the Dow, and South Korea’s unemployment rate is almost back to pre-pandemic levels. ( read original story …)
Behind China’s Latest Property Boom: Doormen and Gardeners
Investors have seized on another way to profit from China’s huge housing market: snapping up stocks in the companies that take care of apartment complexes and help residents with child care, groceries … ( read…
Wall Street Moves Into China, Despite Tech and Trade Battles
With tensions running high, Washington and Beijing have pushed to decouple technology and trade. But American financial firms including JPMorgan and Goldman Sachs are doubling down on investing in … ( read original story …)
America’s Allies See China, Not U.S., As World’s Leading Economy Amid Coronavirus Crisis: Poll
The 14-nation poll found increasingly overall negative views of China, but also widespread criticism of America’s response to the coronavirus crisis. ( read original story …)
Negative views of China soared during pandemic, survey finds
Negative views of China have soared in many developed countries over the past year, according to a recent survey. The Pew Research Center report, which polled people in 14 countries and was published … (…
Amid US-China Tech War, Can Neo’s DeFi Stack Rival Ethereum’s?
The amount represents more than half of the $2.35 billion of crypto collateral locked into Uniswap … Neo’s DeFi ambition comes amid heightened geopolitical tensions between the U.S. and China, and … ( read original…
What pandemic? Crowds swarm the Great Wall of China as travel surges during holiday week
Photos of the tourist attraction in Beijing last weekend show massive crowds crammed along the winding wall, pressed together in close quarters and squeezing past each other through narrow doorways. ( read original story …)
China Sept FX reserves fell unexpectedly as pandemic pressured global economy
China’s foreign currency reserves unexpectedly fell in September, official data showed on Wednesday, as the global economy was pressured by the coronavirus pandemic. ( read original story …)
China Finance Online (NASDAQ:JRJC) Stock Passes Above Two Hundred Day Moving Average of $6.84
China Finance Online Co. (NASDAQ:JRJC)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.84 and traded as high as $8.98. ( read…
Beijing abuses push Raab towards Olympics boycott
Britain could boycott the Beijing Winter Olympics in 2022 in response to mounting evidence of human rights abuses, the foreign secretary said yesterday.Dominic Raab said there was “evidence of serious … ( read original story…
Billionaire hedge fund manager Ray Dalio shares his China strategy
China’s interest rates are attractive and the development of its capital markets have helped to make the exchange rate for the yuan stronger, says Ray Dalio. ( read original story …)
