Starbucks (NASDAQ:SBUX) is reportedly considering options for its Chinese operations, including the possibility of selling a stake in the business. Citing people with knowledge of the matter, …
Monthly Archives For November 2024
China’s CBDC Pioneer Expelled Amid Cryptocurrency Bribery Charges
Yao Qian, China’s CBDC pioneer, is accused of cryptocurrency bribery, highlighting risks in digital currency governance and oversight.
China announces policy measures to boost trade amid worries over Trump tariffs
China’s commerce ministry on Thursday announced a series of policy measures aimed at boosting the country’s foreign trade, including pledging to strengthen financing support to firms and expand …
Is China really a nation of slackers?
China is famous, even infamous, for hard graft. Prodigious amounts of toil and elbow grease helped the country become the workshop of the world. More than 175m migrant workers labour in cities far from home,
The True Aims of China’s Nuclear Buildup
Since 2018, American defense analysts have repeatedly identified China as the greatest threat to U.S. national security. They have variously described Beijing as a “systemic challenge,” a “pacing threat,” and even a “peer adversary,” owing…
Huawei’s Struggle to Keep Up: U.S. Sanctions Threaten China’s Semiconductor Ambitions
Huawei faces challenges in chip production due to U.S. sanctions, risking its semiconductor ambitions and technological progress.
China Uses Economic Leverage on US Before Trump’s Return
One lawmaker called the new export control list a “wake up call” over China’s dominance over critical supply chains.
China’s first cryptocurrency corruption case captures former central bank official
A crypto-friendly former official with China’s central bank has been accused of taking bribes through cryptocurrencies, in the first corruption case of its kind in the country as it cracks down on …
Starbucks explores selling stake in Chinese business amid strategic growth plans
Starbucks is considering selling a stake in its Chinese operations, as it is exploring strategic partnerships to drive growth, the coffee chain said. A global spokesperson for Starbucks said in a statement: “We are wholeheartedly…
Trump’s Former CDC Chief Suggests US Origin for COVID: ‘Can’t Prove That’
COVID-19 was “intentionally engineered as a part of a biodefense program” by the U.S., former CDC director Robert Redfield claimed.
Chinese Judge Cites ‘High-Pressure Crackdown’ On Speculation In Judgment Declaring Crypto Ownership Legal As Bitcoin Moves Past $97K
Amid Bitcoin’s (CRYPTO: BTC) record-breaking run, a Shanghai court has opined that owning cryptocurrencies as an individual is not against Chinese law. What Happened: Judge Sun Jie of the Shanghai …
Analysis-Bracing for Trump tariffs, China’s Xi makes diplomatic push at global summits
By Eduardo Baptista and Lisandra Paraguassu RIO DE JANEIRO/BRASILIA (Reuters) – In his first global meetings since Donald Trump was reelected to lead the U.S., Chinese President Xi Jinping went on a …
China willing to maintain communication on submarine infrastructure security
China is willing to maintain communication with relevant parties and to jointly safeguard the security of international submarine infrastructure, its foreign ministry said on Thursday.