China enters 2021 economically stronger relative to major economies than anytime since 2009. This apparent strength creates extremely high expectations for China to deliver on its forecast economic … ( read original story …)
BUSINESS
Former Canaan Directors to Guide Chinese Gaming Firm’s Pivot to Crypto Mining
U.S.-listed Chinese gaming company The9 (NASDAQ: NCTY) has announced plans to enter the cryptocurrency mining space. In an SEC filing, The9 said it had signed a legally binding “cooperation and … ( read original story…
PPG names new vice president of Greater China business sector
Pittsburgh-based PPG Industries Inc. named Tony Wu vice president of its Greater China industrial coatings and global electronic materials sector, according to a news release. Wu previously served as … ( read original story …)
Communist China Is Preparing To Eat Joe Biden’s Lunch | Opinion
The sum total of a Biden China policy at this point seems to be multilateralism. Toward what end, we have not the faintest idea. ( read original story …)
China State Media Gave Hints of Regime’s Displeasure With Jack Ma
As the former Alibaba CEO has not been seen in public for two months, a 2019 op-ed in Communist Party newspaper People’s Daily is trending for capturing China’s current mood toward him. ( read original…
ABF substrates supply tightened amid resurging crypto mining fever
Demand for mining ASICs has been regaining momentum in China along with sharp increases in cryptocurrencies’ value, further lengthening the queue of clients seeking capacity support from Taiwan … ( read original story …)
China says US sanctions have no ‘legal effect’ in Hong Kong or China, but analysts urge caution
What do Beijing regulators’ claims on the legality of US sanctions in China and Hong Kong mean for Carrie Lam and other sanctioned entities? ( read original story …)
China Baowu Steel unit opens 2.8 mln tonnes/year steel scrap plant
A unit of top steel producer China Baowu Steel Group has launched a steel scrap processing and production facility with annual capacity of 2.8 million tonnes in the eastern Chinese province of Anhui. ( read…
China Is Pushing For Its Digital Yuan: Is The World Noticing?
Introduction The future of Digital Currencies is looking quite bright. The revolution ushered in by Bitcoin and other cryptocurrencies mean that governments are now serious about exploring the … ( read original story …)
Genworth parent mulls US mortgage IPO after China merger stalls
Genworth Financial, the US-based parent company of Genworth Mortgage Insurance Australia, will explore a partial IPO of its US mortgage insurance business as part of a contingency plan after its … ( read original story…
How can a brand ever belong in China?
Numerous international brands have come unstuck in the past couple of years with their messaging in China because they are failing to do their homework – and then they do it over again, says a…
Pompeo Cites China, North Korea as Trump’s Unfinished Business
Secretary of State Michael Pompeo said Monday that he regrets the U.S. hadn’t made more progress in resolving “hard issues” with China or getting North Korea to shed its nuclear arsenal, while saying … (…
Alibaba’s Woes Continue as Jack Ma Disappears From Public View
Alibaba’s founder hasn’t appeared in public since late October, when he criticized the government’s regulatory approach. ( read original story …)
