Google says crypto scammers are hurting the integrity of its services … Google accuses the two scammers — an app developer based in Shenzhen, China, and another based in Hong Kong — of creating apps…
BUSINESS
Brooklyn prosecutors target ‘pig butchering’ crypto scam that cost victims millions
Prosecutors in Brooklyn seized nearly two dozen web domains associated with a scheme known as “pig butchering” — striking an online conversation with unsuspecting victims, gaining their trust and …
China needs a new economic plan that focuses less on exporting and more on domestic growth, ‘Dr. Doom’ Nouriel Roubini says
“The old Chinese growth model is broken,” Roubini wrote for Project Syndicate, warning that more manufacturing is fueling a supply glut.
Ray Dalio says China’s problems don’t outweigh the benefits of investing there
The Trump administration sparked a trade war with China in 2018 when it imposed sweeping tariffs on Chinese imports over alleged Chinese theft of U.S. technology and intellectual property. This set …
Google Files Racketeering Suits Over Alleged Crypto-App Scams
Alphabet Inc.’s Google sued two people based in China it says used the company’s platforms to distribute and advertise fraudulent crypto apps.
Google sues alleged crypto scammers who uploaded fraudulent apps to the Play Store
In brief: Crypto scammers have been around for many years, but Google says it is now doing something never done before: becoming the first tech company to sue some alleged scammers. The lawsuit claims …
Explainer-Why maintaining ASML equipment is the new front in US-China chip war
The U.S. government has called on allies to force computer chip manufacturing equipment companies to stop maintaining some of the tools they have sold in China, part of Washington’s efforts to …
US treasury secretary is in China to talk trade, anti-money laundering and Chinese ‘overproduction’
a U.S. tariff on EV imports could raise the price of EVs in the U.S. and is therefore counterproductive for the purpose of inducing a green transition.” Yellen’s trip will run from April 4 to…
Google sues China crypto app racketeers: Report
Approximately 100,000 users have downloaded these fraudulent apps from Google Play, but the amount of lost user funds remains unknown.
China Electronics Manufacturer’s IPO Mints New Billionaire
Chairman Xiao Hongxing, 57, indirectly holds shares in Delton worth 8.9 billion yuan or $1.2 billion. Founded in 2002, the Guangzhou-headquartered manufacturer specializes in printed circuit boards; …
China-Laos Railway handles 1.38 million tonnes of imports, exports in Q1
KUNMING, April 4 (Xinhua) — During the first quarter of this year, the China-Laos Railway handled some 1.38 million tonnes of import and export goods, up 33.6 percent year on year, a quarterly record …
Janet Yellen set to arrive in China amid overcapacity concerns
Treasury Secretary Janet Yellen was scheduled to arrive in China on Thursday ahead of four full days of meetings with Chinese officials.
China’s EV Wars Heat Up: Chery Launches New Brand To Battle Tesla And Huawei
The first model under this brand will be a plug-in hybrid SUV, equipped with AI technology from domestic firm iFlyTek, reported TechNode. Chery Auto, a state-owned automaker and a partner of Jaguar …