China needs to step up the recycling and repurposing of batteries for electric vehicles in order to ease supply strains and curb pollution and carbon emissions, environmental group Greenpeace said on … ( read original…
Monthly Archives For October 2020
China Unicom’s 9-month revenue grows 4.4%, loses 9 mln mobile subscribers
China Unicom posted total service revenue of CNY 207.34 billion for the first nine months of 2020, which represents an increase of 4.4 percent year-on-year. Mobile service revenue reached CNY 116.53 … ( read original…
Apple stock pulled down by weak iPhone sales, China demand
Weaker than expected iPhone sales sent Apple’s shares down 5.9 per cent in after-hours even as the tech giant’s revenue and profit did better than Wall Street expected, thanks to booming Mac and … (…
TD Holdings, Inc announced the acquisition of Shenzhen Qianhai Baiyu Supply Chain Co., Ltd.
PRNewswire/ — TD Holdings, Inc (NASDAQ: GLG) announced that it will formally acquire Shenzhen Qianhai Baiyu Supply Chain Co., Ltd. (hereinafter referred … ( read original story …)
On Alibaba’s Singles Day, Chinese shoppers are set to splurge on foreign brands as fewer travel overseas
With fewer Chinese going abroad, foreign brands are likely to be a big hit on the annual Singles Day shopping festival, an Alibaba executive told CNBC. ( read original story …)
Pompeo wraps up anti-China tour of Asia in Vietnam
U,S. Secretary of State Mike Pompeo is wrapping up an anti-China tour of Asia in Vietnam as the fierce American presidential election race enters its … ( read original story …)
Analysis: Creeping Funding Costs Skew China Evergrande’s Deleverage Drive
China Evergrande Group has taken to seeking loans at above-average interest rates in the shadow banking market, where caution even there over its cash flow hints at an increasingly fraught … ( read original story…
Chinese city seeks to power urban governance and more using blockchain tech
Authorities in Chengdu, China plan to adopt blockchain for several use cases throughout the city, including urban governance, cross-border trade, smart manufacturing, and agriculture. During the … ( read original story …)
Starbucks Sales Recover Faster Than Expected in US, China
Starbucks saw faster-than-expected recovery in the U.S. and China in its fiscal fourth quarter, giving it confidence as it heads into the holiday season. ( read original story …)
China’s Alibaba And Ant Group Billionaire Jack Ma Calls For Radical U.S. Banking Overhaul
Ma has warned new “digital currencies,” such as bitcoin and China’s digital yuan, could be used to establish a new type of banking and financial system—and called for an overhaul of U.S.-led banking … (…
G20 finance officials set Nov. 13 meeting to finalize debt framework – sources
Group of 20 finance officials will meet virtually on Nov. 13 to finalize a common framework for addressing the mounting debt problems of low-income countries rocked by the COVID-19 pandemic, sources … ( read original…
As the world awaits a coronavirus vaccine, some in China get early doses
But the 23-year-old is part of an extraordinary group: those who have received an early dose of a novel coronavirus vaccine, not in a clinical trial, but because they are Chinese citizens with … (…
China’s Leaders Vow Tech ‘Self-Reliance,’ Military Power and Economic Recovery
The Communist Party’s Central Committee endorsed an ambitious policy program that looks far beyond the coronavirus pandemic. ( read original story …)
