DJI drones have been sent to agencies in South Carolina, according to the company, but the state attorney general doesn’t know where. ( read original story …)
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Bank stocks push Wall St higher amid lingering economic worries
Wall Street’s main indexes were lower in choppy trading on Thursday, as renewed worries about Sino-U.S. trade relations added to fears of an extended economic downturn due to the virus outbreak. ( read original story…
China Reportedly Eying Pacific’s Largest Mobile Carrier
The strategic competition between China and Australia in the South Pacific looks likely to intensify with a potential attempt by China to gain a major share of the region’s telecommunications market. ( read original story…
Digicel denies talk of Pacific unit sale to China Mobile
We can categorically state that there is no basis to this whatsoever and that no approach has been made to us,” a spokesman for Digicel said, responding to a report in the Australian Financial Review…
China’s attempt to strong-arm Australia should disturb the world
China’s murky role in the genesis and spread of the novel coronavirus has disturbed the entire world. Its attempts to economically coerce Australia into its geopolitical orbit should disturb the world … ( read original…
Trump threatens to cut off relations with China
Donald Trump has warned that he could “cut off the whole relationship” with China, in the latest escalation of US tensions with Beijing as he increasingly blames China for the global spread of the ……
Can Indian Manufacturing Capitalize on the Flight From China?
Maybe, but New Delhi will have to get serious about reforms. Currently it lags far behind Vietnam. ( read original story …)
U.S. says it condemns China-linked ‘cyber actors’ trying to steal COVID research
The United States on Thursday condemned attempts by China-linked “cyber actors and non-traditional collectors affiliated” to steal U.S. intellectual property and data related to coronavirus research, … ( read original story …)
China Market Update: Loose Lips Sink Stocks, Tencent Undervalued
Key News Asian equities were off following Fed head Jerome Powell’s comments regarding the need for more fiscal support, US health officials voicing concern on quarantines being lifted, and rising … ( read original story…
How 400,000 Masks Were Shipped From China to a U.S. Nursing Home
A makeshift supply chain connecting a nursing-home owner with a friend of a friend who normally imports clocks, shows how chaotic the market for protective gear has become. ( read original story …)
Luxury handbags jump in price as brands make up for coronavirus hit
Top luxury brands from Chanel to Louis Vuitton have increased prices of some of their most coveted products as they seek to make up for sales lost during weeks of coronavirus lockdowns. ( read original…
China auto sales fall in April but loss narrows
China’s auto sales declined again in April but losses narrowed in a sign the industry’s biggest global market is recovering from the coronavirus pandemic as Beijing eases anti-disease controls … ( read original story …)
China’s Central Bank Proposes a Blockchain-based Trade-Finance Platform
The People’s Bank of China proposed a blockchain trade financing information platform for the Guangdong-Hong Kong-Macao Greater Bay Area … ( read original story …)
