Shares of China Unicom plummeted after the New York Stock Exchange said in a statement late Wednesday that it would move forward with delisting the Chinese telecom … ( read original story …)
Monthly Archives For January 2021
Lagging but motivated: The state of China’s semiconductor industry
Attendees examine semiconductor products exhibited at the 2020 World Semiconductor Conference in Nanjing, China, on August 26, 2020. Song Ning/Oriental Image With advanced semiconductors key to … ( read original story …)
China jails former China Development Bank chief Hu Huaibang for life for graft
A former top official of China’s key policy bank was sentenced to life in prison for taking the equivalent of more than US$13 million in bribes, state media reported on Thursday. former Communist … (…
China ‘is laughing at us’ after pro-Trump Capitol riot, says former U.S. ambassador
“China is laughing at us and saying we’re not the model of democracy … we have always been lecturing the rest of the world to embrace,” Gary Locke told CNBC. ( read original story …)
3 Crypto Mining Stocks Set to Benefit From Bitcoin’s Record
Stock Market News, Stock Advice & Trading Tips On the last day of 2020, bitcoin soared to as high as $29,292. Now it’s … ( read original story …)
US considering adding Alibaba, Tencent to China investment ban
The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said … ( read original…
China-Australia relations: bans on Australian imports ‘beginning to bite’ as commodity exports fall
Australia’s overall exports, including those to China, rose slightly in November but iron ore and coal exports to China both fell. ( read original story …)
Chinese EV startup Nio aims to become the Tesla of China
Nio may not be a recognizable name in the US, but it is becoming a leading player in China’s EV market. Does it have what it takes to stay on top? ( read original story…
China mocks US ‘double standards’ over Capitol chaos vs Hong Kong
From officials to online commenters, Chinese critics accuse Washington of hypocrisy in its response to the storming of the Hill by Trump supporters. ( read original story …)
Streets of Beijing back to life after Covid
Do people in Beijing think their economy has recovered from the coronavirus pandemic? The BBC’s China correspondent, Stephen McDonnell, has been asking them. Up Next,. Video, 00:08:26How everyday life … ( read original story …)
4 Lessons From China Mobile’s Delisting Debacle
China Mobile , the largest telecom company in China, and its two smaller peers, China Telecom and China Unicom , were all recently targeted with a delisting order from the Trump a … ( read…
Trump rules on China investment spark confusion across global finance
Donald Trump’s executive order, which comes into effect on January 11, days before he leaves the White House, has flummoxed financial institutions, leaving the New York Stock Exchange banning a … ( read original story…
China Warns Joe Biden Administration to Stay Out of Hong Kong Affairs
President-elect Biden’s pick for secretary of state, Antony Blinken, had tweeted in support of Hong Kong, saying the new administration would stand up to Beijing. ( read original story …)
