The United States is done “sitting on its hands” and will more actively pressure China, the world’s second largest economy, to change trade practices that Washington believes distort the market, top U …
Monthly Archives For March 2022
U.S. FCC adds Kaspersky Lab, China telecom firms to national security threat list
The Federal Communications Commission (FCC) on Friday added Russia’s AO Kaspersky Lab, China Telecom (Americas) Corp and China Mobile International USA to its list of communications equipment and …
Inside China’s push for swappable EV batteries
China is pushing hard for swappable batteries for EVs as a supplement to regular vehicle charging, with the government throwing its weight behind several companies advancing the technology.
Greener Bitcoin Mining Could Be China’s ‘Trillion-Dollar Present’ to the US
When China banned Bitcoin mining from May of last year, it handed the U.S. a “trillion-dollar present,” as one mining executive told CoinDesk. But perhaps most importantly, crypto miners, particularly …
Treasury Secretary Yellen On Potential For Sanctions On China: “We Don’t See That Happening”
Treasury Secretary Janet Yellen spoke on CNBC’s Squawk Box to discuss when the US would consider sanctions against China.
P&G Missteps in China With ‘Smelly Feet’ Blunder
P&G’s post “Women’s feet are five times more smelly than men’s?” has received a barrage of negative comments. How can P&G placate angry netizens?
U.S. FCC adds AO Kaspersky Lab, China telecom firms to national security threat list
The Federal Communications Commission (FCC) on Friday added AO Kaspersky Lab, China Telecom (Americas) Corp, and China Mobile International USA to its list of communications equipment and services …
China’s central bank on hiring spree to expand e-CNY digital currency trial
China’s central bank said it would expand the scope of its digital yuan trial this year, as it rushed to fill hundreds of engineer and product developer positions to accelerate the initiative. The …
Russia eyes China, India for retail brands as West exits due to Ukraine war sanctions
Dozens of Western brands have temporarily closed operations or exited the country since Russia sent troops into Ukraine; Now it is negotiating with China, India, Iran and Turkey to find alternatives.
China continues ‘severe and complex’ fight against coronavirus
The zero-COVID strategy relies on lockdowns and mass testing, with close contacts often being quarantined at home or in a central government facility …
China Offers Up Luxury Investment With Lanvin Backdoor Listing Plan
China is entering the global race for investor dollars chasing global luxury brands, with word that the country’s Fosun International (0656.HK) is preparing a backdoor U.S. listing for its recently …
Nike sales in China ‘still have issues’ despite earnings beat: Analyst
Nike had a strong quarter but still faces challenges in China. “The [direct-to-consumer] business in China was down, and sales in China still have issues,” Williams Trading Senior …
TikTok owner ByteDance marks 10th anniversary without founder Zhang Yiming as firm’s IPO plans remain up in the air
The company’s IPO plans have been postponed until later this year, after regulatory hurdles in China are resolved, according to a report by the South China Morning Post last October, citing three …
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