Oil prices fell more than 2% on Friday, with both contracts posting a loss on the week as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong ……
Monthly Archives For January 2021
The Sudden, Unexpected End of Crypto Tribalism
Bitcoin and the crypto world have enjoyed a phenomenal decade. Despite the fact that Bitcoin is perhaps the most disruptive technology to the status quo since the printing press, the powers-that-be … ( read original…
US IPO Week Ahead: Foreign issuers dominate a 4 IPO week
Four IPOs are scheduled to raise $1.8 billion in the shortened holiday week, featuring a diverse group of foreign issuers. China’s leading e-cigarette brand RLX Technology (RLX) plans to raise $1.0 … ( read original…
It’s 53% alcohol and tastes like fire. Here’s how this liquor brand took over China
Kweichow Moutai is China’s most valuable firm outside of the tech industry, and it just had a banner year. Valued at 2.7 trillion yuan, or $421 billion, it’s worth more than Coca-Cola, Toyota, Nike ……
What WHO Won’t Learn From China
Beijing likes the story that Covid began elsewhere but at least it could tell us about the virus in China today. ( read original story …)
Oil drops over 2% on China lockdowns, U.S. unemployment data
Oil prices fell more than 2% on Friday as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong import data from the world’s biggest crude importer … (…
Biden to Face a China Intent on Leading the World in Technology
Beijing poses the stiffest competition the U.S. has faced in the post-war era, Tiedemann Advisors’ Hormats says. ( read original story …)
China’s economy set to receive ‘necessary support’ for coronavirus recovery this year, central bank says
The People’s Bank of China says there will be no U-turn on its policy stance this year as the world’s second largest economy continues to recover from the coronavirus pandemic. ( read original story …)
North Korea likely ‘had help from China’ designing new submarine-launched missile: Gordon Chang
North Korea’s new submarine-launched ballistic missile was likely realized with help from Beijing, Gordon Chang told “Bill Hemmer Reports” Friday. ( read original story …)
Chinese peer-to-peer platform Global Internet of People widens range to $4 to $5 ahead of $25 million US IPO
Global Internet of People, an online peer-to-peer knowledge sharing and enterprise service platform in China, widened the range for its upcoming IPO on Friday. The Beijing, China-based company now … ( read original story …)
China central bank vows consistent policies to keep housing prices stable
China’s central bank will keep its regulation on the real estate sector consistent to promote the sector’s healthy and stable development, an official said Friday. The central bank will stick to the … ( read…
China’s President Xi asks former Starbucks CEO Howard Schultz to help repair U.S. ties with Beijing
Schultz said in 2019 that he was considering running for president as an independent, but later dropped the idea. ( read original story …)
How luxury brands are embracing digital experiences in China
Digital shopping is no longer optional. It’s a necessity, and one that expands well into luxury — especially in China. “Luxury Goes Digital: Understand how Alibaba and Moschino are Driving New … ( read original…