Overstock.com will pay the first-of-its-kind digital voting series A-1 preferred stock (OSTKO) dividend on May 19. But OSTKO, a DTC eligible security, is a baby step toward using distributed ledger … ( read original story…
BUSINESS
Chatly Webinars Teach Brands How to Drive Sales in a Post-COVID-19 China
Enterprise WeChat management platform Chatly is hosting two free webinars over the next few weeks in its continued effort to help brands learn how to adapt their China business strategies in response … ( read…
A report circulating in Congress, which claims that China covered up a virus leak from a Wuhan lab, has been debunked
The Sierra Nevada Corporation claimed a “hazardous event” occurred at the Wuhan Institute of Virology last year. The theory is popular but unverified. ( read original story …)
China brands Trump, Pompeo and White House adviser Navarro as a ‘lying trio’ as it intensifies anti-US campaign due to coronavirus tensions
CGTN, the English arm of Beijing’s state broadcaster CCTV, accused the Trump administration of ‘spinning a web of coronavirus lies’ to dodge their responsibilities after failing to tackle COVID-19. ( read original story …)
In Pandemic, Wall Street Better Off In China
This is going to rub the China short sellers the wrong way. But make no mistake about it, if an investor’s goal is to make money, and not lose it, China wins. China’s stock market…
Nearly Half of Consumers in China Will Visit Restaurants Less Often Post-Pandemic
Cities in China have begun lifting shelter-in-place restrictions to gradually reopen restaurants, shops and other public spaces—but many consumers are still wary about venturing out. ( read original story …)
As India rolls out the welcome mat to manufacturers looking to leave China, what does it have to offer?
On top of India’s large, ready market, its latest targeted campaign comes after years of investor-friendly moves in easing land acquisition, introducing a bankruptcy code, and simplifying and cutting … ( read original story …)
China’s Huawei Hits Out at U.S. ‘Stranglehold’ as Chip Maker TSMC Reportedly Cuts Ties
“The U.S. is leveraging technological strengths to crush companies outside its own borders. This will only serve to undermine the trust international companies place in US technology,” Huawei said. ( read original story …)
RPT-U.S. mulls paying companies, tax breaks to pull supply chains from China
U.S. lawmakers and officials are crafting proposals to push American companies to move operations or key suppliers out of China that include tax breaks, new rules, and carefully structured subsidies. ( read original story …)
China’s New Hope sees hog production recovery by 2021
New Hope Group, one of China’s biggest pig breeders, expects the country’s hog production to recover to normal levels by 2021, chairman Liu Yonghao told reporters on Monday. ( read original story …)
Crypto Long & Short: Mining Derivatives Point to Growing Sophistication
Yes, proportionally, China has more than double the conviction of the U.S. in blockchain’s potential … Finally, the report reveals a strong push for more centralized control over crypto markets. ( read original story …)
The U.S. Just Destroyed A Potential Dollar Rival—Is Bitcoin Next?
This week, the U.S. financial regulator shut down messaging app Telegram’s decentralized crypto project—igniting fears the U.S. could again try to destroy bitcoin if it becomes a threat to the … ( read original story…
Retailers Panic As Trump Re-Ignites His China Crisis During Rose Garden Presser
While President Trump is steering his political Titanic towards China’s iceberg, the business community is explaining that the tactical idea of decoupling from China will only work against our own … ( read original story…
