Waterdrop Inc. is preparing for an initial public offering as soon as this year, seeking a valuation of about $4 billion, according to people familiar with the matter. ( read original story …)
Featured Posts Title
China hopes 2026 will be a ‘landmark year’ for relationship with US
China says US talks vital as Trump targets Beijing’s key partners
America’s military is focused on Iran. Its biggest challenge is China.
Days after Iran strikes, Trump hosts Latin American leaders with China in focus
With Trump visit coming up, China hedges its bets on helping Iran
China spent years building ties in Latin America. Can Trump make room for the US?
For Xi, Trump’s Embrace of War Proves China Needs More Power
Recent Posts
Tencent-Backed Waterdrop Weighs IPO at $4 Billion Value
FBI believes Chinese researcher with links to Beijing’s military in hiding in consulate in San Francisco
The FBI believes that a Chinese scientist with links to Beijing’s military is hiding out in China’s consulate in San Francisco to evade arrest. ( read original story …)
China launches its first probe to Mars
World China launches its first probe to Mars. Posted . China successfully launched an unmanned probe to Mars on Thursday in its first independent mission to another planet, a bid … ( read original story…
NBA responds to pressure from U.S. senators regarding league’s relationship with China
In response to letters from Sen. Marsha Blackburn (R) and Sen. Josh Hawley (R), the league said it has ended an academy where China has been accused of engaging in human rights violations. ( read…
U.S. state official testifies China is working to steal U.S. COVID-19 technologies
Deputy Secretary of State Stephen Biegun testified that China has been working to steal U.S. technologies to treat COVID-19 and arresting those who speak up about the threat of the virus. ( read original story…
Beijing likely to retaliate, but analysts unsure of how far U.S., China will go in consulate fight
The relationship between the U.S. and China may continue to worsen after the State Department ordered Beijing to close a consulate in Houston, making it “almost certain” the Asian country will … ( read original…
China’s oil port congestion to stretch on as record imports strain facilities
Congestion at China’s east coast oil ports that is adding to costs for shippers and importers is likely to run well into August, with crude shipments set to hit another record high this month, ……
U.S. Orders China to Close Houston Consulate, Citing Efforts to Steal Trade Secrets
The Trump administration accused Chinese citizens of stealing scientific research and told the country’s diplomats in Texas to leave. Beijing warned it would retaliate. ( read original story …)
US ratchets up China tensions, closing Houston consulate to protect ‘intellectual property’
China strongly condemned the move, the latest in a series of steps by the Trump administration as it ratchets up pressure on the world’s second-largest economy. ( read original story …)
Ant Group Unveils New Technology Brand AntChain and All-in-One Workstation AntChain Station for Express Blockchain Deployment
Ant Group, a leading provider of financial services technology, and the parent company of China’s largest mobile payments business Alipay, today offic … ( read original story …)
Quirky IPO Rule Means Wall Street Won’t Lead Ant Group’s Shanghai Sale
Most Wall Street firms are going to miss out on a chance to lead what could be China’s biggest stock deal when Ant Group goes public in Shanghai. ( read original story …)
China’s Mars Tianwen-1 Mission Launches on Months-Long Journey
China set off on what it hopes will be its first successful journey to Mars on Thursday, launching the Tianwen-1 mission to the red planet on a voyage that will last until next year. Unofficial…
U.S. Exim Bank Out to Displace China After Record Loan in Africa
Import Bank of the U.S. opened a new front in the trade war between America and China with its biggest loan yet in sub-Saharan Africa, as it plans to compete more aggressively on the continent.…