Number of Cooperating Stores Doubles YoY Daily Delivery Order Volumes Increase 144% YoY Shanghai, China – 3, 2020 – Dada Group (NASDAQ:DADA) … ( read original story …)
BUSINESS
Pentagon blacklists China chipmaker SMIC and oil producer CNOOC
China’s largest chipmaker and national offshore oil and gas producer were added Thursday to a blacklist of alleged Chinese military companies, the Pentagon said in an evening statement. The Department … ( read original story…
China’s Budget Store King Takes on Toys ‘R’ Us With New Chain
Miniso Group Holding Ltd., the Chinese budget lifestyle goods retailer, is making its first foray into the $86 billion global toy market as it tries to take on heavyweights like Toys “R” Us Inc. on…
US, China trade needs to be re-examined, Gordon Chang argues
“The Coming Collapse of China” author Gordon Chang argued on Thursday that the United States needs to “have a re-examination of all trade with China.” … ( read original story …)
China-Australia relations: import ban sees Australian lobster disappear from Beijing markets, restaurants
Australian rock lobster has all but disappeared from markets and restaurants in Beijing since China imposed an unofficial import ban last month. ( read original story …)
Climate change: EU proposes green tech alliance with Biden team in US, signalling less reliance on China
Europe has grown wary of its dependence on China and will look elsewhere for a partner on clean and circular technology. ( read original story …)
Though centralized, a digital yuan is too big for China to surveil, says Cypherium CEO
Despite ambitions of overtaking the dollar, China’s central bank will have a … So says Sky Guo, CEO of Cypherium — an enterprise blockchain platform that has partnered with a number of Chinese … (…
Can China Help Save Brands Again Next Year?
Many fashion brands were rescued by Chinese consumers this year. Next year, they will need to act fast to get the same treatment. ( read original story …)
ATF: China-Made Documentaries Stretch From Pandemic Response to African Business Heroes
From gifting tea to the world, conquering COVID-19 and voyaging to Mars, the latest slate of elaborate documentaries from China unveiled at Singapore’s Asia Television Forum tell stories about the … ( read original story…
Bloomberg Equality: The Stench of Forced Labor Taints Big Brands
Congressional report found big name consumer goods companies, including Nike, Coca-Cola, and Calvin Klein, were suspected of relying on forced labor in China’s Xinjiang Uyghur A … ( read original story …)
China is already targeting Joe Biden and his team, a top US intelligence official warned, calling it an attack ‘on steroids’
Bill Evanina, head of the National Counterintelligence and Security Center, said his agency had expected China to move its target from Trump to Biden. ( read original story …)
Why China called time on Ant’s extraordinary IPO
China’s decision to scrap Ant Group’s IPO made headlines around the world. But why did the Party act so late and why is it so concerned about Ant? Euromoney looks at the reasons behind the…
Chinese State-Run Media Believe BTC Price Surge Is Just ‘Hype’ While Praising Blockchain
Two Chinese state-run media outlets have published a brief news item urging citizens to focus more on blockchain technology than on the “hype” of the … ( read original story …)
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