The European Union’s 27-nation vaccine strategy is splintering as member states turn to nations outside the bloc to boost a faltering rollout plagued by supply issues, contract skirmishes and sluggish … ( read original story…
Monthly Archives For March 2021
Love Factory: Becoming a Social Media Star in China
Livestreaming your life to a devoted audience is big business. A new short film explores what happens when the cameras are off. ( read original story …)
China-based Pop Culture Group files and sets terms for a $30 million US IPO
Pop Culture Group, which plans and hosts hip-hop events and programs in China, filed on Tuesday with the SEC to raise up to $30 million in an initial public offering. The Xiamen, China-based company ……
China’s Inner Mongolia Plans to Shut Down Bitcoin Mining Operations by April This Year
Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April. ( read original story …)
Xi mobilises China for technology revolution
For US politicians, China’s potential to dominate sensitive cutting-edge technologies poses one of the biggest geopolitical threats of the next few decades. President Xi Jinping is similarly worried … ( read original story …)
Stepping Up the Tech Fight Against China
Beijing has been churning out patents, spending on R&D, while the U.S. fiddles. ( read original story …)
Jack Ma loses China’s richest tag after coming under Beijing’s scrutiny
Jack Ma, head of Alibaba and the Ant Group, who also recently came under the state’s radar following his anti-government stances, has lost his spot as the richest man in China. Ma, who … (…
China’s Fiscal Situation ‘extremely Severe With Risks’, Says Ex-finance Minister Lou Jiwei
Lou warned that China’s economic growth and revenue will remain stagnant for next five years, with no spending cuts and fiscal situation is “extremely severe.” … ( read original story …)
China warns ‘side effects’ of US economic stimulus risk causing sharp market correction
The “side effects” of aggressive economic stimulus policies in the United States and other developed countries have started to surface in the US stock market, China’s top financial regulator warned on … ( read original…
China fears overseas market ‘bubble’; German exports to UK down 30% in January – business live
China’s CSI 300 stock market index dropped by over 1% today, with Guo Shuqing’s comments about bubbles abroad worrying traders. Other markets in the region also dipped: Castor Pang, head of research … ( read…
Jack Ma Loses Title Of China’s Richest Man, Now Ranks Fourth After Ant Group Fallout
A crackdown on fintech in China has hurt the valuation of one of the country’s larger companies, and led to changes in the ranking of China’s wealthiest people. ( read original story …)
China’s ex-finance minister says nation’s fiscal situation ‘extremely severe’
Lou offered his sharp critique in December but the assessment has only been made public more recently, with just days to go before China’s political elites meet for their annual legislative session. ( read original…
China not ready to allow the Boeing 737 Max back in the air
Beijing isn’t ready to follow the United States in allowing Boeing’s 737 Max back into the air after a pair of fatal crashes two years ago. China was the first country to ground the 737…
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