… over ownership of islands in the East China Sea, Beijing halted shipments of rare earths to its rival, disrupting supply lines for major manufacturers like Toyota and Panasonic. But Beijing … ( read original…
BUSINESS
China ready to hit back at U.S. with rare earths: ruling party newspaper
BEIJING (Reuters) – China’s Communist Party newspaper warned the United States on Wednesday that the country was ready to use rare earths to strike back in their bitter trade war, saying in an … (…
Huawei ban puts South Korea in a familiar place: caught between the U.S. and China
business executives and politicians said they see few alternatives to conducting business with China as normal. For Samsung, South Korea’s national tech champion, any advantages it could gain … ( read original story …)
Asian stocks retreat as China-U.S. jitters set in
SINGAPORE — Asian shares slipped Wednesday on expectations that a trade dispute between China and the United States would simmer and possibly weigh on growth. With a lull in economic releases closer … ( read…
US does not brand China as currency manipulator
WASHINGTON — The Trump administration has again decided not to label China or any other country as a currency manipulator. But in a report to Congress on Tuesday, the administration is keeping China … (…
Chinese patriotism will ‘halve’ Apple’s sales in China, analysts warn
Three evenly spaced dots forming an ellipsis: “…”. The US trade war on China will provoke Chinese citizens into turning away from Apple and buying domestic mobile brands instead, according to an … ( read…
Food Delivery Apps Are Drowning China in Plastic
Scientists estimate that the online takeout business in China was responsible for 1.6 million tons of packaging waste in 2017, a ninefold jump from two years before. That includes 1.2 million tons of … (…
Huobi China CEO Meets With Malaysian PM Mahathir
… PRNewswire/ — Huobi China CEO Hubery Yuming Yuan and officials from the firm My Wood & GMGT recently met with Prime Minister Mahathir Mohamad to discuss blockchain technology and how it can … (…
Bitcoin Climbs China’s Crypto Rankings to #12 with Meteoric 135% 2019 Gains
EOS tops CCID rankings, bitcoin climbs 3 places (source: CCID) In March, CCID ranked bitcoin, the most dominant crypto asset in the global market, at 15th while placing EOS as the top blockchain … (…
Alibaba Planning $20 Billion Hong Kong Listing Amid China US IPO Questions – RPT
Alibaba Group Holding (BABA – Get Report) is mulling a $20 billion follow-up listing in Hong Kong, according to media reports published Tuesday, a move that could raise questions over the fate of … (…
Alibaba’s Hong Kong IPO Is a Brilliant Idea
Bloomberg News reported on Monday – a coup for the city that’s still sore from missing out on the biggest IPO in history. It’s also a major boost to Beijing amid the trade spat. Having…
China’s Chip Companies Just Can’t Excite the NYSE
(Bloomberg Opinion) — A decision by Semiconductor Manufacturing International Corp. to delist its New York-traded depositary receipts was quickly linked to the U.S.-China trade war, as if it were a … ( read original story…
China dreams on hold: heartland city feels chill of economic slowdown
Last October, Gong took the advice of a mentor who suggested he wind up his business and wait out the downturn. He landed a sales job at a subsidiary of one of China’s largest e-commerce…
