Despite worsening tensions between the world’s two largest economies and an accounting scandal at a high-profile US-listed Chinese start-up earlier this year, firms from the Asian nation have received … ( read original story …)
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Tencent-backed real estate platform Beike aims to raise US$2 billion in New York IPO even as US tightens noose around WeChat
Chinese State Grid Launches Blockchain-Based Blackout Insurance Policy
A branch of China’s state-backed grid released its first blockchain-powered blackout insurance policy issued to the chairman of a local company that needed to compensate for a power outage loss … ( read original story…
Goodbye, greenback! As they abandon dollar in trade, Russia & China could create ‘financial alliance,’ leading Russian expert says
Moscow and Beijing’s ditching of the US dollar could result in the creation of a “financial alliance,” according to a top Russian analyst. Alexey Maslov believes the partnership is approaching a … ( read original…
WeChat ban could cost companies like Walmart, Starbucks, and Nike big in China
As Tencent assesses how its business might be impacted by a U.S. decision to ban its messenger app WeChat in the country, American companies in China may become unintended casualties due to … ( read…
Apple’s Chinese business could be devastated by Trump’s WeChat ban
President Trump’s executive order banning WeChat could have far-reaching consequences for almost the entire technology industry, thanks to the app’s parent company, Tencent, having investments in … ( read original story …)
World’s most trafficked mammal gives Trump new way to hit China on COVID-19
A petition from environmentalists to reprimand Beijing for illegally trading an endangered species could ultimately bar U.S. ( read original story …)
Beijing warns of consequences if Trump bans US deals with TikTok and WeChat
Ties between the world’s two superpowers are on increasingly delicate ground, following President Donald Trump’s move to prohibit US residents from doing business with the Chinese-owned video-sharing … ( read original story …)
As China Tensions Soar, US Embraces Taiwan With Visit, But Cautiously
Health and Human Services Secretary Alex Azar is heading to Taiwan to showcase the island’s stunningly successful COVID-19 response as Trump, facing a tough re-election with pandemic deaths climbing … ( read original story …)
In milestone for China, Li Haotong leads halfway through PGA
Li Haotong was surprised to find himself in front after two rounds of the PGA Championship, golf’s first major of the COVID-19 era … ( read original story …)
Billionaire Businesswoman Tops Ranking Of China’s Richest In Healthcare
China’s drug, medical equipment and medical device stocks have been on a tear this year, as the COVID-19 pandemic increases sales and raises global attention on the country’s leading suppliers. ( read original story …)
Chinese Tesla competitor brushes aside rising Washington-Beijing tensions, files for US IPO
Xpeng Motors, a Chinese rival to Tesla, has filed to list its shares on the New York Stock Exchange (NYSE), becoming another Chinese electric vehicle (EV) startup seeking US listing despite deepening … ( read…
Apple thrives in India, China for Q2 despite COVID-19 effects
The iPhone was the most popular premium smartphone in India for the second quarter of 2020, according to IDC, but while the smartphone market in China slumped as a whole, Apple continued to see growth…
China wields coronavirus to nationalize American-owned carmaker
Government officials in Rugao, China, used the coronavirus pandemic to conduct a takeover of an American-owned car company … ( read original story …)
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