From the perception of many Western luxury leaders, China seems uninterested in sustainability and diversity. But is this accurate?
Monthly Archives For December 2021
Pro-China group advised by Biden nominees praised and touted Xi and CCP connections
The pro-China business group advised by two of President Joe Biden’s key picks has showered praise on and touted its connections with Communist officials including Xi Jinping — and the Chinese …
GDA Capital, LD Capital, DLTx & Akash Network Launch Global Blockchain Investor Events Network: Satellite Social
These exclusive gatherings attract high-profile participants at top blockchain conferences Satellite Social Satellite Social is an initiative launched by DLTx, LD Capital, Akash Network & GDA Capital …
China Brings E-Cigarettes Under its Tobacco Monopoly Law: Will This Reshape the Global Industry?
The tobacco industry in China, which is home to more than 300 million cigarette smokers, is controlled by the largest tobacco company in the world – the China National Tobacco Corporation (CNTC) …
Hilton signs Waldorf Astoria in Osaka; Conrad hotel in Chongqing, China
closely followed by the opening of Waldorf Astoria Xiamen marking Hilton’s sixth hotel to open in Asia Pacific under the luxury brand; along with the multi-deal signing of four luxury hotels in China …
United States Will Not Send Government Officials to Beijing Olympics
Athletes will still be able to compete in the Winter Games in Beijing, but the diplomatic boycott is a response to human rights abuses in Xinjiang.
No U.S. government official will attend Beijing Winter Olympics, White House announces
The diplomatic boycott allows American athletes to participate in the Games but is a significant political snub to China.
US confirms it will stage diplomatic boycott of Beijing Winter Olympics
Decision is response to what is described as China’s ‘ongoing genocide and crimes against humanity in Xinjiang’ …
Nomura says the worst is yet to come for China’s property market
Gareth Nicholson of the financial services firm discusses the risks and opportunities amid the turmoil in China’s real estate sector, as well as the emerging markets to watch.
EMERGING MARKETS-Latam FX muted as Omicron, China property concerns weigh
Latin American currencies moved little on Monday as uncertainty over the Omicron coronavirus variant kept sentiment subdued, while investors feared a spillover from a potential default in China’s …
Ex-Goldman banker bets $245M on distressed China property debt
Hong Kong-based hedge fund Arkkan Capital has raised $245 million for a fund targeting China’s real estate sector.
U.S. announces diplomatic boycott of Beijing Winter Olympics
The Biden administration will not send any diplomatic representation or officials to the 2022 Winter Olympic and Paralympic Games in Beijing, the White House announced Monday. White House press …
China central bank to cut reserve requirement ratio
China’s central bank said on Monday it would cut the amount of cash that banks must hold as reserves, its second such move this year, releasing 1.2 trillion yuan ($188.24 billion) in long-term …