The Treasury Department imposed sanctions on a powerful government entity that runs companies and farms in the Xinjiang region, where officials carry out the mass internment of Muslims. ( read original story …)
Posts By admin
U.S. set to unveil crackdown on China’s ByteDance over TikTok: sources
The United States is preparing to take action against China’s ByteDance over concerns that its ownership of TikTok jeopardizes the security of the personal data that the popular short video app … ( read original…
Blockchain Bites: Dollar’s Decline, Ether’s Moneymakers and Coinbase’s Considerations
You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s … ( read original story…
Live updates – Fauci says China is not a ‘threat’ to COVID-19 vaccine development
Fauci said Europe and Asia had managed to shut down 95% of their populations, whereas about 50% of the United States was shut down. ( read original story …)
Beijing watchdogs to punish Luckin Coffee, related firms after confirming US$300 million accounting fraud
Announcement from two regulators places the beleaguered Luckin Coffee in the spotlight again after the US$300 million scandal led to its delisting from Nasdaq. ( read original story …)
Sands China: A Long Road To Recovery
Sands China was loss-making in 2Q 2020, which was not unexpected considering the negative impact of COVID-19 and travel restrictions on the Macau gaming industry. ( read original story …)
Apple sees China earnings growth after pandemic
Apple has revealed $9.329 billion sales in the greater China region, making a small increase over the same period last year. During its legally-mandated third quarter 2020 financial call … ( read original story …)
Nokia Stock Surges Despite Covid-19 and ‘Prudent Approach’ in China Hitting Sales. Here’s Why.
Nokia stock surged 15% on Friday, as the telecommunications maker raised full-year guidance after reporting an unexpected rise in profit. ( read original story …)
China’s electric SUV maker Li Auto raises $1.1 billion in US IPO
Trade tensions between China and the U.S. have not stopped Chinese companies from eyeing to list on American stock exchanges. Li Auto, a five-year-old Chinese electric vehicle startup, raised $1.1 … ( read original story…
The heroes of Beijing 2008
In an exclusive interview with WION’s Sports Editor Digvijay Singh Deo, Olympic medallist Sushil Kumar and Vijender Singh recalled the historic 2008 Beijing Games while explaining how it changed their … ( read original story…
TikTok owner ByteDance considers listing China business in Hong Kong or Shanghai, sources say
Chinese tech giant ByteDance is considering listing its domestic business in Hong Kong or Shanghai, people familiar with the matter told Reuters. ( read original story …)
CORRECTED-China says to penalise Luckin Coffee for accounting fraud
China’s Ministry of Finance will impose administrative penalties on Luckin Coffee after it confirmed an accounting fraud that forced the onetime market player to delist from NASDAQ. The ministry … ( read original story …)
Luxury Brands Get Hyperactive on Chinese Social Media
Fashion labels that depend on China’s overseas tourists for a huge chunk of sales must now follow them home. ( read original story …)
