The Chinese internet giant and creator of WeChat, Tencent, is earmarking funding for emerging technologies, including blockchain. ( read original story …)
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Citi CEO Says Bank Is Committed to Doing Business in Asia and China
Mike Corbat, Citigroup chief executive officer, talks about the importance of supporting customers in Asia and China He spoke exclusively with Bloomberg’s Erik Schatzker on “Bloomberg Front Row.” (Sou … ( read original story …)
China endorses Hong Kong security law, imperiling city’s status as financial hub
Beijing’s rubber-stamp parliament approved a plan to impose the far-reaching measures on the former British colony. ( read original story …)
If You Missed The IPO, Now Is The Time To Buy Kingsoft Cloud
IPO, the stock has corrected sharply to near-IPO levels on worries over a potential delisting due to a new bill that passed the Senate. ( read original story …)
U.S. Warns That China’s Expulsion of Navy Near Disputed Islands Is a ‘Serious Threat’ to Sea Travel
The Chinese military accused the USS Mustin of “illegally” entering waters claimed by Beijing near the Paracel Islands, but the Navy told Newsweek the ship “upheld the rights, freedoms, and lawful … ( read original…
New security laws blur line between Hong Kong and mainland China
Beijing government says new laws on security and the national anthem will not infringe on Hong Kong’s freedoms. Japan and other democracies criticized the move. The Trump administration said it no … ( read original…
Senator sees U.S. sticking to trade deal with China despite pandemic concerns
U.S. Senate Finance Committee Chairman Chuck Grassley on Thursday said he did not expect President Donald Trump to walk away from a Phase 1 trade deal with China despite concerns over Beijing’s … ( read…
China Loosens Business Travel From Korea and Germany, Pressuring Other Countries
As businesses world-wide struggle to resume operations, two planeloads of German executives traveling to China in coming days are raising pressure on foreign rivals to resume international business … ( read original story …)
Australian government asks China for same reduction in trade barriers as US
Request emerges as experts warn of ‘collateral damage’ from Xi Jinping and Donald Trump deal to end trade war … ( read original story …)
China’s Surging Nationalism Has Claimed Hong Kong
China’s Surging Nationalism Has Claimed Ho… The moment that many people have dreaded may have finally come for Hong Kong after Beijing announced a bill on May 21 to “safeguard national security” in … ( read…
UK will extend HK visa rights if China pursues security law
The British government says t it will grant hundreds of thousands of Hong Kong residents greater visa rights if China doesn’t scrap a planned new security law for the semi-autonomous territory … ( read original…
Otis elevator chief executive: China’s coronavirus recovery points to ‘bounce-back’ for the rest of the world later this year
China’s economy has recovered from the coronavirus, which could point the way to a “very positive bounce-back” in the second half of the year for the rest of the world, the chief executive officer of…
Analysis: With a new law for Hong Kong, Beijing makes clear sovereignty is its bottom line
China’s rubber-stamp legislature Thursday approved a decision to impose a national security law on Hong Kong, bypassing the territory’s own legislature in a move that sets the stage for both violence … ( read original…