China has reported a mixed economic performance in May, as retail sales jumped while factory output slowed in the face of higher U.S. tariffs …
BUSINESS
Crypto user loses $6.9M to a cold wallet from China’s TikTok
A crypto user has learnt a harsh lesson after losing $6.9 million in crypto to a discounted cold wallet that turned out to be part of a scammer’s scheme.
Your Favorite Holiday Ham Brand Is Actually Owned By China
A spiral-cut ham sitting pretty on a holiday table looks so quintessentially American, but when you buy one, you may be supporting a Chinese company.
Ethereum (ETH) and Bitcoin (BTC) Fail to Rally on China-U.S. Trade Deal News, But This Coin Is Gaining Fast
Despite headlines buzzing over a new trade agreement between China and the U.S., Ethereum (ETH) and Bitcoin (BTC) have failed to deliver the breakout many expected. But while the giants tread water, a …
Mercer County manufacturer blames China log ban, trade tensions for closure
ITV emphasized that “increasingly unpredictable customs policies” and the import ban on American logs into China were the decisive factors.
Could This Made-in-the-USA Drone Company Dethrone China’s DJI?
According to ResearchAndMarkets.com’s “Connected Commercial Drones-1st Edition,” published in April, China’s DJI holds a “dominant” 70% global market share in drones. WBUR public radio reports that in …
Big win! China companies now exporting ‘Made in India’ smartphones & electronics to US, West Asia; notable shift for Chinese brands
Driven by government encouragement and growing local production, Chinese smartphone and electronics manufacturers are now exporting from India to regions like West Asia, Africa, and the US. This marks …
China’s biotech stocks up 60% this year: What’s fueling rally?
China’s biotechnology stocks have experienced a significant rally, outperforming AI, with a 60% surge since January due to billion-dollar foreign licensing deals.
Taiwan Adds China’s Huawei and SMIC to Export Control List
Taiwan’s Commerce Ministry has added Chinese chipmakers Huawei Technologies and Semiconductor Manufacturing International Corp to its export control list, as trade and technology frictions between the …
Bank of Beijing’s Shanghai IPO to raise up to $2 billion
Bank of Beijing said Sunday the subscription period to the IPO is slated for Monday and Tuesday, while the final pricing will be disclosed Thursday. Proceeds of the offering will be used to boost …
China misused Interpol’s red notice, used Jack Ma to pressure exile abroad
Despite growing concerns, Interpol has taken little public action to discipline China for its misuse of red notices, the ICIJ reported. The case of H is a stark reminder of how international …
Rare earth minerals are the biggest card China can play in its negotiations with Trump
China’s dominance in rare earths minerals can cause a shortage for US consumers in everything from cars to TV remotes.
Crypto Market Surges Amid Key US Inflation Data – Which Token Might Take Off In June?
Major cryptocurrencies have remained steady as investors weigh the progress of ongoing US-China trade talks. The crypt …
