The data center market in China is expected to grow by USD 18.01 billion, progressing at a CAGR of 18% during the forecast period. Download Free Sample Report This press release features multimedia. ( read…
Monthly Archives For November 2020
Top Beijing official says patriotism must sit at the heart of Hong Kong’s political system, as he urges judicial reform in the city
A top Beijing official has declared that clarifying state allegiance rules for Hong Kong lawmakers is a key step to establishing the patriotism that must underpin the city’s political system, as he … ( read…
British diplomat rescues drowning student in China
A British diplomat is being hailed as a hero after saving a drowning college student in southwest China on Saturday. ( read original story …)
China backs G20 debt relief plan, says finance minister
China will continue to support the Group of 20’s debt treatment framework for low-income countries, helping them ease potential solvency risks and promote post-pandemic economic recovery, Finance Mini … ( read original story …)
Bloomberg New Economy: Calls Ring Out for a U.S.-China Reboot
China relationship hasn’t been this fraught since normalization in the 1970s. Former U.S. Treasury Secretary Hank Paulson on Monday noted that his warning two years ago that a new Iron Curtain would … ( read original story…
Crypto exchange crackdown, bond on hold: Blockheads
The crypto exchange crackdown continues, miners can’t pay for electricity, and a $3 billion blockchain-based bond is paused. ( read original story …)
Baidu Paying $3.6 Billion for JOYY’s China Live-Streaming Business
Baidu, China Internet search and AI giant, has agreed to pay $3.6 billion in cash for the Chinese live-streaming business of JOYY. The deal may help Baidu catch up in the fast-growing live and ……
Beijing prepares blacklist to target ‘diehard Taiwan separatists’
Beijing is drafting a blacklist of “diehard Taiwan separatists” as a warning to Taipei not to get too close to Washington, according to two mainland official sources specialising in Taiwan affairs. ( read original story…
China’s Pinduoduo: Not looking to list in Hong Kong for now
Pinduoduo currently intends to keep focusing on its business in China and invest in user experiences plus operations to improve our consumers’ experiences, says David Liu, vice president of strategy. ( read original story …)
Outgoing US Justice Department officials call their ‘China Initiative’ to counter Beijing a success
The US Justice Department gave itself high marks in a report card released on Monday on the second anniversary of its “China Initiative”, a programme aimed at blunting Beijing’s influence in the … ( read…
China’s Tsinghua Unigroup Defaults on $198 Million Bond: Sources
SHANGHAI (Reuters) – Tsinghua Unigroup, a major government-backed player in China’s technology race, has defaulted on a 1.3-billion-yuan ($197.96 million) bond, three sources said, as several … ( read original story …)
Ant IPO Timing Depends on Beijing, CSRC’s Fang Says: NEF Update
The four-day Bloomberg New Economy Forum kicked off with business and political leaders taking on issues from the economic fallout of the coronavirus pandemic to the future of global trade and climate … ( read…
China’s securities regulator hopes Sino-U.S. ties better with Biden administration
China Securities Regulatory Commission Vice Chairman Fang Xinghai said he hopes Sino-U.S. relations will be in a much better state after four years of a U.S. President-elect Joe Biden administration … ( read original story…