Blockchain technology is used to record Bitcoin transactions via a global network of computers. It is a continuously growing list of blocks (record) that are linked and secured using cryptography. ( read original story …)
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U.S. scraps plans to ban Chinese airlines after Beijing permits foreign carriers, will limit flights to two a week
The Trump administration on Friday scrapped a plan to ban Chinese passenger airlines from flying to the U.S. after officials there said foreign airlines can fly to China. The new order, however, … ( read…
Hong Kong’s last British leader: China’s agenda ‘Orwellian’
The last British governor of Hong Kong criticized the Chinese government on Friday over proposed national security legislation, calling it part of an “Orwellian” drive to … ( read original story …)
Patten says China pursuing ‘Orwellian’ agenda in Hong Kong
The last British governor of Hong Kong is criticizing the Chinese government over proposed national security legislation, saying it would violate the agreement on handing the territory over to Beijing … ( read original story…
Stimulus Checks Still Lacking At Some Small Businesses Hit By China Lockdowns
Meanwhile, 56% of business impacted by the coronavirus say they are looking for new suppliers outside of China. ( read original story …)
China’s JD.com prepares for year’s largest IPO
JD.com, one of China’s largest technology companies, will sell up to $4.3bn in shares as it returns home to Hong Kong in what is likely to be one of the largest public offerings this year.…
China’s Dada Nexus raises $320 million in U.S. IPO
Chinese online grocery firm Dada Nexus Ltd on Friday raised $320 million in an upsized initial public offering, amid increased scrutiny of Chinese companies pursuing U.S. listings. ( read original story …)
China Unicom has 130,000 5G base stations in operation
China Unicom, one of the country’s major telecommunications operators, said Friday it has about 130,000 5G base stations in operation nationwide. Among the total, 115,000 5G base stations were built … ( read original story…
China Unicom Americas to FCC: We’re Trusted U.S. Partner
That came in a response to the FCC, which gave the company until June 1 to explain why the FCC should not kick it out of U.S. networks. The FCC had issued a show cause…
North Korea’s top diplomat endorses China’s Hong Kong policy
North Korea’s top diplomat said Pyongyang supports the Chinese government on the “Hong Kong issue,” state media said. ( read original story …)
China Slams Facebook’s State Media Rules
China said Facebook was unfairly targeting its biggest media companies on Friday after the network began attaching disclaimers to pages run by the country’s state-controlled news outlets. Pages … ( read original story …)
Sweden’s Ex-Ambassador to China Is Tried Over Secret Meetings on Detainee
The diplomat, Anna Lindstedt, is accused of overstepping her role in arranging meetings between the daughter of a detained Hong Kong bookseller and two businessmen who said they could help free him. ( read original…
China’s REITs to Riches Story May Not End Well
There are good reasons to be skeptical that REITs make sense for China. Once the initial halo fades, buyers could be left holding the bag. ( read original story …)
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