The announcement by Secretary of State Mike Pompeo brings the United States in line with international law and opens the door for sanctions and … ( read original story …)
BUSINESS
US Navy warship challenges China in South China Sea as US blasts Beijing’s ‘unlawful’ claims and ‘gangster tactics’
The US “will not let China claim the South China Sea as its own,” a senior US State Department official said Tuesday. ( read original story …)
U.K. Bars Huawei From 5G Network, Raising Tensions With China
Banning the use of the Chinese tech giant’s equipment in high-speed wireless infrastructure is a major reversal by Prime Minister Boris Johnson — and a big victory for the Trump administration. ( read original story…
How Blockchain Will Bridge Consumption To Consciousness In The Jewelry Industry
As the diamond industry re-emerges from the COVID-19 shutdown, Everledger CEO Leanne Kemp urges business leaders to widen their perspective on what really matters to consumers. ( read original story …)
Iconix Brand Group Is Open to Selling Itself as It Looks to Tidy Balance Sheet
Iconix Brand Group Inc. has opened itself up to a sale. The New York-based brand management house, parent to brands such as Rocawear, Pony, Danskin and Joe Boxer, informed the Securities and Exchange … (…
U.S. Shift in South China Sea Raises Risk of Clash on the Water
The Trump administration’s move to brand most of Beijing’s claims in the South China Sea a violation of international law doesn’t mean much on its own: China has repeatedly refused to acknowledge the … (…
First companies obtain regulatory approval for IPOs under new ChiNext system
Three Chinese companies have become the first to obtain regulatory approval to publicly list on Shenzhen’s start-up board ChiNext, after a recent reform aimed at fast-tracking initial public offerings … ( read original story …)
China Gas Holdings: New Business And FY2021 Guidance Draw Attention
China Gas’ new LPG micro pipeline network business could be a medium-term growth driver, with a FY2021 target of 500,000 residential household connections versus a 90 million addressable market. ( read original story …)
Virus Turns U.S. Tariffs Into a Sideshow for Luxury Brands
The subdued reactionto Washington’s latest tariff threats reflects the dimming prospects of the U.S. luxury market relative to China’s. ( read original story …)
China hits Cruz, Rubio, Smith, Brownback with retaliatory sanctions
China on Monday announced that it will impose a set of retaliatory sanctions on a key American diplomat and several lawmakers who have been outspoken in their rebuke of several Chinese government … ( read…
China’s economy seen growing 2.5% in second quarter as lockdowns end, stimulus kicks in: Reuters poll
China’s economy likely returned to modest growth in the second quarter after a record contraction, as lockdown measures ended and policymakers announced more stimulus to combat the shock from the … ( read original story…
China’s trade rises as economy recovers from virus slump
China, where the pandemic began in December, was the first major economy to shut down to fight the virus and the first to begin the struggle to restore normal business activity after the ruling ……
US brands China’s claims in South China Sea as ‘completely unlawful’
Secretary of State Mike Pompeo said Monday that the United States would treat Beijing’s pursuit of resources in the dispute-rife South China Sea … ( read original story …)
