“This moment is a perfect storm; the pandemic has crystallized all the worries that people have had about doing business with China,” said another senior U.S. official. Story continues “All the money … ( read…
BUSINESS
US intelligence believes China hid the severity of the novel coronavirus in January to hoard medical supplies
The Associated Press obtained a DHS report that says China hid the extent of the outbreak while increasing imports of face masks and surgical gloves. ( read original story …)
Crypto Long & Short: Why Bitcoin’s Big Rally Is a Sign of Its Economic Resilience
Bitcoin’s underlying technology and monetary system make it one of the few investable assets that is immune to the economic fluctuations we have ahead. ( read original story …)
Global Brands Need China’s Consumers to Spend. They Might Have to Wait.
Companies from Lego to Domino’s Pizza report signs of a bounceback in China compared with recent months. But a full return to normal will be harder as many in the country have lost jobs or…
US to push new tariffs against China
However, President Trump is contemplating new tariffs on China, alleging that it could have done more at the onset of the novel-coronavirus pandemic. During the COVID-19 quarantine, with most industry … ( read original story…
China’s Bitcoin-like cryptocurrency enters race days after Facebook’s Libra fails to fly
China’s central bank has started testing its official Bitcoin-like digital currency DCEP, and the bank is now planning to roll out the virtual money payment system soon. ( read original story …)
Divorcing China: The West’s Return To Ideology And Its Impact On Global Business
Privacy, freedom of expression and transparency are reshaping the global trade landscape into distinct ideological blocks that will dictate corporate behavior—as well as accelerate the West’s … ( read original story …)
Twitter Accused Of ‘Shadow-Banning’ Bitcoin And Crypto Accounts
Some influential members of the bitcoin and crypto community have complained Twitter has “shadow-banned” them, limiting their reach and … ( read original story …)
Why Crypto Exchange OKCoin Jumped Through Hoops to Get Licensed in Japan
While Japan is known for its retail market, crypto exchange OKCoin believes the country’s strict licensing regime will attract institutional investors. ( read original story …)
Lessons from China: How the coronavirus has changed global business forever
Throughout most of this year, China has been living seven weeks into the future. The world’s second largest economy was the first to be hit by the coronavirus outbreak. ( read original story …)
Twitter Starts Shock War With Bitcoin And Crypto
Some influential members of the bitcoin and crypto community have complained Twitter has “shadow-banned” them, limiting their reach and … ( read original story …)
Equality key to rescuing U.S.-China business ties: U.S. business lobby
Recent strains in the relationship between the United States and China make it especially important to establish a policy of ‘competitive neutrality’ the American Chamber of Commerce in China said on … ( read original…
China, South Korea Ease Border Controls for Business Travel
China and South Korea agreed to ease quarantine requirements for some business travelers, Beijing’s first such move to revive essential economic activities disrupted by the coronavirus pandemic. ( read original story …)
