Herbalife, the nutritional supplements company, has agreed to pay penalties of more than $123 million to resolve charges that it conspired to bribe to Chinese officials and falsify its books to boost … ( read…
NEWS
Why China is bleeding and is caught in its own trap
Till the Corona virus was exported deliberately to the entire world, China went from being an economic giant to the most distrusted country worldwide. Even its very few allies are considered failed … ( read…
China Captures Hong Kong Activists Fleeing to Taiwan by Sea
Chinese authorities have detained a dozen activists from Hong Kong who were attempting to leave the territory via speedboat, according to people familiar with the attempt and the individuals captured, … ( read original story…
Trump or Biden? China expects no favours either way
But this year they also provided a key insight for China Inc as it navigates its rocky relationship with the US. Several insiders at Chinese technology firms say have told me that a Joe Biden…
U.S. says Herbalife to pay $123.1 million to resolve China bribery case
Authorities said Herbalife schemed from 2007 to 2016 to bribe Chinese officials with cash, entertainment, meals and travel to obtain direct selling licenses, reduce government scrutiny and suppress … ( read original story …)
Coronavirus update: US confirms first COVID reinfection as China shows vaccine progress
The potential for recovered COVID-19 patients to become reinfected has created a new and worrisome wrinkle, as a confirmed reinfection case in Nevada detailed on Friday converged with fears from one … ( read original…
Herbalife enters deferred prosecution agreement over alleged corruption in China
Herbalife Nutrition Ltd has entered a deferred prosecution agreement to settle U.S. government charges it provided corrupt payments and benefits to Chinese officials, including in government agencies … ( read original story …)
China ‘Kills’ Luxury: The Coronavirus May Have Changed Upscale Buying Forever
China will still drive sales for high-end brands. But luxury retailers are now forced to look beyond China for markets. ( read original story …)
South China Sea war fears: US accuses Beijing of threatening peace – tensions explode
READ MORE: Beijing erupts as US imposes sanctions over South China Sea islands Visa restrictions will now apply to individuals and businesses “responsible for, or complicity in, either the large-scale … ( read original story…
Beijing claims it has warned a US destroyer in South China Sea after missile launch
The USS Mustin sailed near the Paracel Islands in the disputed waterway after a Chinese missile launch in the region. ( read original story …)
Sen. Tom Cotton on warning from Chinese official that Beijing could restrict lifesaving drug exports to US
Arkansas Sen. Tom Cotton, Republican member of the Senate Armed Services Committee, joins Martha MacCallum with insight on ‘The Story.’ … ( read original story …)
China’s European charm offensive disrupted by activists
Protests against treatment of HongKongers and Uighurs accompany foreign minister’s continental visit … ( read original story …)
COVID-19 Fallout Recedes At China Inland Transport Hub Zhengzhou: Forbes China Forum
Yet the growing population in the inland transportation hub ranks among the country’s biggest, totaling more than 10 million. The city boasts a GDP of approximately $150 billion, and is the capital of … (…