UBS’ Chairman Axel Weber says China represents a golden opportunity for the bank on the back of strong recovery and accelerated opening of the market. In a wide ranging interview, Weber also discussed … (…
Monthly Archives For January 2021
Blockchain Government Market Investment Analysis With COVID-19 Outbreak Effect | SAP, Deloitte LLP
Corona Virus pandemic impact on the market which has affected every aspect of life globally. This has brought along several changes in market conditions and the Business areas. The rapidly changing … ( read original…
Beijing demands WHO conduct coronavirus ‘origin-tracing’ in other countries as investigators arrive in China
World Health Organization experts are scheduled to arrive in China this week to investigate the origins of the coronavirus pandemic after agreeing to a “basic consensus” that the research will involve … ( read original…
China’s Very Distressed Developers Are Also Very Clever
Watched closely by Beijing regulators, the real estate sector has found twisty ways to pile up even more debt and avoid scrutiny. ( read original story …)
Analysis: Tesla’s Model Y to emerge disruptor as China EV sales zoom in 2021
New models will help electric vehicle sales in China zoom this year, after tepid business in a virus-riddled 2020, and analysts predict Tesla’s Model Y pricing will emerge as a major disruptor in the ……
China’s Richest Man Absent from Public Life after Tensions with Authorities
SHANGHAI – China’s wealthiest entrepreneur, Alibaba Group co-founder Jack Ma, has not been seen in public since October 2020 amid deteriorating relations between his business conglomerate and the … ( read original story …)
Hong Kong mass arrests: A stark step in Beijing’s ‘drive for control’
Hong Kong police arrested more than 50 politicians and activists Wednesday, in a sign of how drastically Beijing has curtailed political freedoms. ( read original story …)
China makes new laws to regulate hi-tech sector a major priority for next five years
Plans to overhaul legal system will include reforms to ‘overcome shortcomings’ in areas such as AI, cloud computing and online finance. ( read original story …)
Chinese Bank Trials Digital Yuan ATMs in Shenzhen as Part of Third CBDC Test
The Agricultural Bank of China, one of the biggest banks in the country, has recently kicked off the testing of ATMs that would allow customers to convert their cash into digital yuans, according to a…
U.S. Navy releases 10-year plan to compete with China, Russia
A 10-year “navigation plan” by the U.S. Navy’s chief of naval operations to counter Russian and Chinese threats was released on Monday. ( read original story …)
BlackRock Is Selling Stakes in Sanctioned Chinese Mobile Firms
BlackRock Inc. has been selling stakes in three Chinese telecommunication providers after the U.S. put them on its sanctions list. ( read original story …)
VF Corporation Uproots Hong Kong Base, Diverts Investment And Transformation Towards China
China trade war seeing companies shift their manufacturing outside of China, the nation’s rebound speed and growth potential capture VF Corporation’s relocation strategy to move closer to their supply … ( read original story …)
Opinion: No, Twitter banning Trump isn’t like China
Whether or not one agrees with Twitter’s decision, it’s not “state action,” which means it’s not subject to The First Amendment. ( read original story …)