Chinese President Xi Jinping said China will import more than $22tn (£17bn) worth of goods over the next decade. He has also called for a more constructive approach to an open global economy, and hit…
Monthly Archives For November 2020
China’s industrial 5G ecosystem remains immature as companies struggle to find applications
This is the first in a two-part series, looking at how China’s 5G push is outpacing reality for much of the country’s industry … ( read original story …)
Ant march halted: What Ma’s frozen IPO says about China business
Ant saw its $35bn IPO suspended after its co-founder seemed to criticise the Chinese government’s economic road map. ( read original story …)
Shares of Australia’s Treasury Wines fall on fears of ‘retrospective tariffs’ from China
Fears of a move by China prompted Australia’s Treasury Wines Estates to put on hold a demerger of its most prized brand Penfolds label spinoff . ( read original story …)
China blocks travellers from coronavirus-hit Britain in partial closure of borders
Mainland China denied entry to some travellers from Britain, where more people have died from COVID-19 than anywhere else in Europe, in a partial closure of its borders this week again as new … (…
‘The party is pushing back’: why Beijing reined in Jack Ma and Ant
The billionaire’s criticism of regulators triggered the move by Communist leaders to limit the power of the fintech group … ( read original story …)
Sinking Ant’s dreams of floating shows where the power really lies in China
Jack Ma may be one of China’s richest businessmen and the master of the country’s flourishing internet economy, but the tycoon has received a sobering lesson in realpolitik. Days before Ant Group, Mr … (…
Will America or China be No. 1 in cryptocurrency?
Regardless of what happens in the election, virtually everyone on the planet agrees that it would be better for the United States to remain the No. 1 economic, cultural, and military power in the ……
Tricor Showcase Solutions for Accelerating International Business Expansion at the China International Import Expo (CIIE)
Asia’s leading business expansion specialist providing integrated business, corporate, investor, human resources and payroll, corporate trust and debt services and strategic business advisory, is plea … ( read original story …)
Mainland China reports 28 new coronavirus cases on November 4 vs 17 a day earlier
Mainland China reported 28 new confirmed coronavirus cases on Nov. 4, compared to 17 a day earlier, the country’s health authority said on Thursday. Of the total, 20 were imported infections, the … ( read…
Beijing anger as US approves $600m drone sale to Taiwan
The United States has approved a $600 million deal to sell four armed drones to Taiwan in a move that has escalated tensions with China.Beijing, which claims sovereignty over Taiwan, condemned the … ( read…
China’s richest man loses £2bn in one day after Ant Group float is blocked by Beijing
China’s richest man Jack Ma had more than £2billion wiped off his fortune in one day after Beijing blocked Ant Group’s blockbuster float. Shares in his e-commerce giant Alibaba, which owns a third of ……
If Biden gets elected, I hope he will strengthen national security: Kyle Bass on U.S.-China relations
Kyle Bass, Chief Investment Officer at Hayman Capital Management, joins ‘Closing Bell’ to talk about how U.S. and China relations would look if Joe Biden is elected as the next president of the U.S. (…