A new type of cryptocurrency scam is rising in China, with locals losing money to a scheme known … The term “point running” refers to the practice of moving crypto through various accounts. Often …
Monthly Archives For September 2024
China could soon have more pets than toddlers. Why that’s a headache for Beijing
And even now, pet ownership remains comparatively low, according to Goldman Sachs. Last year, the percentage of dog-keeping households in Chinese cities stood at 5.6%, significantly lower than its …
U.S. Firms See Record-Low Profits in China: Report
A new report says U.S. companies in China are seeing record-low profits, amid U.S.-China tensions and a slowing Chinese economy.
China Will ‘Crush’ Foreign Incursions in Its Territory, Says Military Official – TaiwanPlus News
A Chinese military official says China will “crush” any foreign incursions into its territory, including in the South China Sea. Lieutenant General He Lei was speaking on the sidelines of the annual …
China’s Wuhan lab accused of Covid leak develops intranasal vaccine to protect against all forms of coronavirus
A team of researchers at the Wuhan lab has claimed that combining Covid epitopes (antigens that trigger the human immune system) along with ferritin (blood protein) could develop an intranasal …
China’s Ant Group refinancing $6.5 bln credit line
China’s Ant Group , backed by Alibaba founder Jack Ma, is refinancing a credit line of $6.5 billion, a company spokesperson said on Thursday.
U.S.-China financial imbalance tied to weak domestic economies: IMF report
Huge financial imbalances between the U.S. and China can be chalked up to weaknesses in each nation’s domestic economy — as opposed to being primarily driven by unfair Chinese trade practices, …
You can buy gun parts from China if you tell customs they’re toys, feds find
Federal authorities have seized more than 350 websites after an undercover investigation revealed that the sites were used to illegally import gun parts into the US from China. To get the illegal …
As Tensions Rise, China Profits Drop for U.S. Companies
The American Chamber of Commerce in Shanghai reports only two-thirds of American busiensses operating in China were profitable in 2023.
China’s Dongfeng to assess Europe sales prospects before plant decision
TURIN, Sept 12 (Reuters) – China’s Dongfeng Motor Group (0489.HK), opens new tab … Ma Lei, the general manager of Dongfeng international business, was speaking at a product event in Turin, Italy, …
Why China Tech Isn’t Rebounding After Government Crackdown Ended
China spent the better part of two years reining in the country’s most powerful private technology companies, including Alibaba Group Holding Ltd., Tencent Holdings Ltd. and Didi Global Inc., along with their ultra-rich founders.
What Are the Most Valuable Chinese Brands?
Tencent is the Chinese brand with the highest brand value, with a ranking of the top 100 brands headquartered in the People’s Republic released by Kantar BrandZ on September 10 scoring it at $129 …
China’s Wuhan Lab, once blamed for Covid-19, reveals nasal vaccine for ‘future pandemics’: What you need to know
The Wuhan Institute of Virology has developed a new nasal Covid-19 vaccine intended to offer extensive protection against existing and future coronavirus variants. Tested on mice, it demonstrated …
