USS Russell’s deployment to the contested waters is the second freedom of navigation operation in the region since Joe Biden took office. ( read original story …)
Monthly Archives For February 2021
South Spanish Trail LLC Adds Microsoft, Amazon, Facebook, Equinix, and China Telecom Among Others as Defendants in $250 Million Globenet Lawsuit
South Spanish Trail LLC (SST), a Delray Beach-based real estate developer, has recently identified more than thirty technology companies currently using SST’s property to conduct business without any … ( read original story …)
Beijing hits back at Biden plans to put ‘China challenge’ on G7 agenda
Foreign ministry statement warns against ‘exclusive cliques’ and ideological confrontation ahead of Friday’s meeting. ( read original story …)
Decoupling With China Would Hurt U.S. Businesses, Chamber of Commerce Says
The U.S. Chamber of Commerce warned that rising tensions with China could have serious consequences for U.S. businesses, laying out a worse-case scenario where some major industries would be crippled. ( read original story …)
China’s retail, catering sales jump in Lunar New Year staycation
China’s retail and catering sectors enjoyed a bumper Lunar New Year holiday week, with revenues rising almost one-third from 2020 levels thanks to strong orders from staycationing consumers, the … ( read original story …)
The China-US trade war could benefit cryptocurrencies: Vitalik Buterin
Ethereum CEO Vitalik Buterin believes that the ongoing China-US competitiveness could help cryptocurrency thrive. The Ethereum co-founder gave his opinion on the China-US war in a … ( read original story …)
China blocked Jack Ma’s Ant IPO after investigation revealed likely beneficiaries: Report
One of the reasons why China late last year decided to pull the plug on Ant Group’s $37-billion initial public offering (IPO), was “growing unease in … ( read original story …)
Lululemon bets on China after revenue from mainland more than doubles during coronavirus pandemic
China will be among the main growth focus areas for yoga and fitness apparel maker Lululemon Athletica, with the market outpacing others in terms of sales. ( read original story …)
Beijing Olympics should be relocated due to China’s ‘genocide’ of Uighurs: O’Toole
Conservative Leader Erin O’Toole is calling on the government to push for a new host for the Beijing Olympics next year amid China’s “genocide” against minority Uighurs. ( read original story …)
Postal Savings Bank of China trials biometric cards for digital currency payments
A biometric ‘hard wallet’ card developed by the Postal Savings Bank of China is being tested by consumers taking part in Beijing’s CBDC trial … ( read original story …)
UP Fintech: A Fintech Investment Bank Serving the New Economy
UP Fintech Holding Limited (“UP Fintech”, Nasdaq:TIGR), acting through its U.S. subsidiary, US Tiger Securities, Inc., acted as the … ( read original story …)
China E-Commerce Platform Dmall Said to Plan U.S. IPO This Year
Beijing DMall E-commerce Co., an online retail service provider backed by Chinese supermarket Wumart Group, is planning an initial public offering in the U.S., according to people familiar with the … ( read original story…
Another US Navy destroyer challenged China in the South China Sea by sailing past contested islands without asking permission
The latest freedom-of-navigation operation is the second time in two weeks the Navy has sent a warship to challenge China in the strategic waterway. ( read original story …)