The simple fact is that there are large, powerful donors to the Biden campaign that have big financial stakes in these green energy companies. It is a wealth transfer to Biden’s biggest bundlers, and …
Monthly Archives For July 2021
China deepens crypto crackdown with central bank warning
China’s central bank warned companies on Tuesday against assisting cryptocurrency-related businesses as it shut down a software firm over …
Bitcoin Swings as China Regulators Punish Company Over Crypto
Bitcoin fluctuated Tuesday after China’s central bank and a regulator in the capital city took action against a company that was allegedly providing cryptocurrency-related services.The largest …
China Escalates Its Fight Against Big Tech
Beijing’s latest shots in the tech cold war. Tensions are growing between China and tech companies inside — and outside — its borders. China is cracking down on domestic tec …
Shenzhen reduces its corona-virus risk as infections decrease
Shenzhen in south China’s Guangdong Province reduced its last area classified while medium-risk for corona-virus, as a new recovery in ne …
China’s Premier Li Hopes for Healthy, Stable Relationship With Britain
China hopes to promote a healthy and stable relationship with Britain, state television quoted Premier Li Keqiang as saying on Tuesday. China hopes Britain can provide a fair, unbiased environment for …
Didi Global Plunges On China Cybersecurity Crackdown Following Nasdaq IPO
China’s Cyberspace Administration double-down on its probe of the ride-sharing group Sunday as it ordered its app to be removed from mobile stores.
Didi plunges 30% in premarket trading after China cracks down on ride-hailing app days after $68 billion US IPO
China on Sunday ordered app stores to remove Didi, the country’s biggest ride-hailing app, just days after its blockbuster US listing.
China central bank office closes software maker over cryptocurrency trading
SHANGHAI (Reuters) – A Beijing office of China’s central bank said on Tuesday it had ordered the shutdown of a Beijing-based software maker over its suspected involvement in cryptocurrency trading.
Why China is cracking down in its tech champions
President Xi Jinping’s government is reining in the country’s most powerful corporations and their billionaire founders, including Alibaba Group, Tencent Holdings and Didi Global. But why?
China’s economic growth to cool at end of year, weighed down by slowing export demand as world recovers
Economists from Nomura believe China’s economy will grow by 8.9 per cent this year, with Standard Chartered predicting growth will reach 8 per cent in 2021.
IN FIGURES: China’s billet imports up by 77% in May
China imported 879,965 tonnes of steel billet in May, up by 77% from 497,588 tonnes in May 2020, according to customs data. Indonesia remained the biggest supplier of billet to China in that month at…
How Brands Can Sparkle in China’s $100 Billion Jewelry Market
Global brands have only scratched the surface of China’s vast jewelry market. But can they learn from savvy domestic players and dazzle local audiences?
