China’s commerce ministry says it will take “all necessary measures” in response to new U.S. restrictions on Chinese tech giant Huawei’s ability to use American technology, calling the measures an … ( read original story…
BUSINESS
China, South Korea consult Japan on easing business-travel curbs: Yomiuri
China and South Korea have consulted Japan about easing border controls on business travellers to help revive business activities, the Yomiuri newspaper reported on Sunday without citing sources. ( read original story …)
PlusToken Scammer Implicated in China’s Second Ten-Figure Crypto Ponzi
Local police have busted Wotoken, China’s second ten-figure crypto Ponzi. The scam, Wotoken, took in roughly $1 billion worth of crypto at current prices from over 715,000 victims. One of the scam’s … ( read…
What is China’s cryptocurrency alternative sovereign digital currency and why is it not like bitcoin?
China’s sovereign digital currency could be launched later this year, with the likes of Alibaba’s Alipay and Tencent’s WeChat Pay already popular payment methods. ( read original story …)
China admits to destroying early coronavirus samples – but says it was NOT part of a cover-up
Liu Dengfeng, a supervisor with China’s National Health Commission, admitted that the ‘the Chinese government issued an order on January 3 to dispose of coronavirus samples’. ( read original story …)
How crypto mining tried, but failed, to gain a Swiss toehold
This crypto mine in Gondo could not keep up with competitors with cheaper electricity.(Keystone/ Valentin Flauraud) There was a time when any Tom, Dick or Harry could create (or ‘mine’) bitcoin with a … ( read…
China confirms US accusations that it destroyed early samples of the novel coronavirus, but says it was done for ‘biosafety reasons’
The Chinese official insisted that it was not done to cover-up or hide early coronavirus samples from other countries. ( read original story …)
Should You Investigate China ZhengTong Auto Services Holdings Limited (HKG:1728) At HK$1.16?
China ZhengTong Auto Services Holdings Limited (HKG:1728), which is in the specialty retail business, and is based … ( read original story …)
China’s Shandong province to continue improving the business environment through new, streamlined measures
On May 8, the Information Office of The Shandong Provincial People’s Government held a press conference to explain and provide further clarity on the Implementation of Opinions for Continuously … ( read original story …)
Blockchain Bites: Will Enterprise Blockchain Find a ‘Killer App’ or Be Killed?
IBM, We.Trade and Microsoft executives spoke about the trials and tribulations of capitalizing on enterprise-grade blockchain at Consensus: Distributed. ( read original story …)
China-bashing won’t solve the US’s problems with China
Attacks on China by both political parties risk unnecessarily turning China into an enemy, which will ultimately harm our own interests. ( read original story …)
Post-Pandemic, Americans Souring On ‘Made In China’
Post-pandemic, you’re going to have a simmering pool of forces – companies that are going to look at the risk of being reliant on China, or being seen as making everything there. For consumers, that…
Taiwan’s TSMC keeps eye on China with $12 billion U.S. plant
In a race to position itself in the latest trade battle between the United States and China, Taiwan Semiconductor Manufacturing Co Ltd made it just under the wire. ( read original story …)
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