Fintech behemoth Ant Group Co. will attempt the world’s largest ever IPO by raising $30 billion in Shanghai and Hong Kong, likely by October, Chinese media reported Monday. Ant is valued at roughly … (…
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WHO advance team ends visit to China to probe COVID-19 origin
The UN health agency is preparing the deployment of a larger group of experts to the suspected outbreak zone of Wuhan … ( read original story …)
The United States, China, and the contest for the Fourth Industrial Revolution
Rush Doshi testifies before the U.S. Senate Committee on Commerce, Science, and Transportation on the need for a realignment of U.S. economic policies to build resiliency and competitiveness against … ( read original story …)
Beijing accuses Washington of harassing Chinese students and researchers
Wang said China had no intention of helping Juan Tang escape from the United States, but did not otherwise comment directly on the accusations against her. ( read original story …)
Trump calls TikTok a hot brand, demands a chunk of its sale price
After stating last Friday that he’d rather see TikTok banned than sold to a US-based company, Trump changed his tune over the weekend. TikTok is owned by China-based company ByteDance, which owns a … (…
The US already fought a cold war with China — it went very badly
With China rising in power, the greatest risk is not that the US failed to learn the Cold War’s lessons, but that it learned the wrong ones. ( read original story …)
Tyson Foods wants China to lift ban on U.S. plant with COVID-19 cases
Tyson Foods Inc is seeking to convince Beijing to lift a ban on U.S. chicken shipments from an Arkansas plant where workers tested positive for COVID-19, President Dean Banks said on Monday … ( read…
HSBC is biggest loser in never-ending US-China global power play
Europe’s biggest bank is being buffeted by the pandemic and crossfire between Beijing and Washington … ( read original story …)
‘Stop politicizing economy’: Beijing blasts US for threatening to ban TikTok & other Chinese apps
Threatening to restrict Chinese apps on groundless claims that they’re feeding data on Americans to the government in Beijing only exposes Washington’s hypocrisy, China’s Foreign Ministry said. ( read original story …)
US-China Tensions Escalate While Investors Await More Stimulus Help; Corona Cases Spike Again In US
These kind of actions are likely to grow more tensions between Washington and Beijing, but President Trump isn’t really concerned about it. Donald Trump said last week that he will take measures to … (…
The Pentagon wants to end its reliance on China for rare earth minerals. But can it be done?
The Pentagon is funding projects at three U.S. mines that could offer a fix to America’s dependence on rare earth minerals from China. But uncertainty hangs over whether the mines can deliver enough … (…
How TikTok’s Owner Tried, and Failed, to Cross the U.S.-China Divide
The founder of ByteDance, Zhang Yiming, dreamed of building a global tech company based in China. Then the geopolitical reality set in. ( read original story …)
Microsoft’s Talks to Buy TikTok’s U.S. Operations Raise Ire in China
Washington’s ultimatum to the Chinese owner of TikTok—sell the app’s American operations to Microsoft or leave the country—is hardening suspicions in China that the U.S. aims to sabotage the country’s … ( read original story…
