The China Banking and Insurance Regulatory Commission (CBIRC), the country’s top banking and insurance regulator, launched its WeChat public account on Saturday as a new channel of policy … ( read original story …)
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Fall From Grace: Luckin Coffee’s Former Billionaire CEO Fired Amid Fraud Scandal
Jenny Zhiya Qian, who led Luckin Coffee’s meteoric rise from a single shop to Starbucks’ biggest rival in China, was fired after an internal probe revealed that some of the company’s sales figures … (…
Chinese State Media Warns Beijing Will Resist U.S.-Taiwan Collaboration Over WHO and Coronavirus
The U.S. has called for Taiwan to be invited to the coming World Health Assembly as an observer, a move that goes against Beijing’s “One China” policy. ( read original story …)
Beijing hits back at Trump call to block US pension fund investment in China
Beijing officials have been worried since late last year that Mr Trump would follow up his two-year China trade battle with action in financial markets. The latest shot in that conflict was fired on ……
FBI: China trying to hack U.S. firms for coronavirus data
The FBI and the Cybersecurity and Infrastructure Security Agency warned Wednesday the Chinese government and affiliates are looking to hack U.S. organizations doing coronavirus research. ( read original story …)
The US and China are on the brink of a new Cold War that could devastate the global economy
The relationship between the US and China was already teetering close to the edge of a cliff before COVID-19, but the pandemic pushed it right off. ( read original story …)
In South Korea And China, Loosening Restrictions Brings Coronavirus Resurgence
Both countries eased some of their intensive rules after new cases slowed to a trickle. But clusters have cropped up again this month, and authorities are ramping up testing to try to curb the spread.…
US says China trying to steal COVID-19 vaccine research
US authorities warned healthcare and scientific researchers Wednesday that Chinese-backed hackers were attempting to steal research and intellectual property related to treatments and vaccines for … ( read original story …)
China Market Update: Tencent Earnings Beat Estimates, MSCI To Increase China Weight In EM Index By 1%
Hong Kong volume leader Tencent (700 HK) eased -0.32% ahead of its earnings release while Meituan Dianping jumped +5.45% on news that MSCI would increase its index weight. ( read original story …)
Concern as China targets Pacific mobile networks
China Mobile is negotiating to buy the Pacific operations of Digicel, the heavily indebted carrier owned by Irish billionaire Dennis O’Brien. ( read original story …)
ZTE targets China Broadcasting Network with 4.9 GHz boast
Boasting about validation of the industry’s first 5G carrier aggregation on 700 MHz and 4.9 GHz might not be the biggest humblebrag but remember who has access to this spectrum. ( read original story …)
Early humans in China innovated technology to adapt to climate change one million years ago
To assess the degree to which early stone tool using hominins modified their tool manufacturing behaviours in Eastern Asia, Shixia Yang and colleagues examined three well-known archaeological sites … ( read original story …)
DOJ: China attempting to hijack COVID-19 research; FBI investigating
The Trump administration warned Wednesday that the Chinese government is seeking to hijack U.S. research aimed at the COVID-19 pandemic and urged organizations to tighten cyber-security defenses. The … ( read original story …)
