Swipe your bracelet, watch or even a walking stick, and you can pay for your goods with digital yuan. These are just some of the quirky gadgets that China’s central bank, lenders and technology giants…
Monthly Archives For September 2021
Yum China warns quarterly profit to take over 50% hit due to Delta variant
KFC operator Yum China Holdings Inc (9987.HK), said on Tuesday its adjusted operating profit would take a 50% to 60% hit in the third quarter as the spread of the Delta variant in China led…
Retired Lt. Col. Alexander Vindman says Gen. Milley ‘must resign’ if his secret calls with China occurred
Retired Lt. Col. Alexander Vindman, the star witness in the first impeachment trial of President Trump, is calling for the resignation of Chairman of the Joint Chiefs of Staff Gen. Mark Milley if the …
China Warns on Overseas Travel; India Shot Exports: Virus Update
India and the World Health Organization are in talks to resume vaccine exports to African countries. In the U.S., the federal gove …
China’s Cotton Subsidies Immiserate Farmers in the World’s Poorest Countries
Cotton subsidies have long been seen as a symbol of the injustice of the international trading system. The subsidies provided by richer countries give their farmers an artificial advantage in global …
China an attractive market, but regulatory uncertainty a source of concern
The med-tech market in China has lured many device makers and investors into doing business there despite concerns about intellectual property (IP) theft. While some of those IP theft worries have …
Milley acted to prevent Trump from misusing nuclear weapons, war with China, book says
The book also revealed a previously unreported call between then-Vice President Mike Pence and former VP Dan Quayle.
Top US military officer feared Trump could order China strike during final weeks in office, book says
Fearful of Donald Trump’s actions in his final weeks as president, the United States’ top military officer twice assured his Chinese counterpart that the two nations would not go to war, according to …
Trump says secret calls to China by Milley described in Woodward book amount to treason
Former President Donald Trump said Gen. Mark Milley may have committed treason with secret calls to China at the end of his administration.
Court rules against woman who became face of China’s #MeToo movement
Zhou Xiaoxuan, who accused CCTV host of sexual harassment, vows to appeal ‘unfair treatment’ …
Reporters and Democrats defend Gen. Milley contacting China’s top general with concerns about Trump
Several reporters and Democrats rushed to defend Chairman of the Joint Chiefs of Staff Gen. Mark Milley’s action of contacting his Chinese counterpart about concerns with then-President Trump.
Shares in cash-strapped China property giant plunge
Shares in the highly-indebted Chinese property giant Evergrande have plunged after it outlined the extent of its financial problems.The firm said it is struggling to sell assets fast enough to service …
China’s Government May Be Selling Oil, But Its Refiners Are Desperate To Buy
China’s independent refiners are expected to import more crude oil toward year end, resulting in soaring premiums on popular crude oil types …