The U.S. consulate in Chengdu, China is closed. It is China’s way of retaliating after the Chinese consulate in Houston was shut down last week. NBC News’ Janis Mackey Frayer reports on what this ……
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Beijing tightens drone rules, citing ‘low-altitude security’ concerns
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New COVID-19 Variant NB.1.8.1 Causes Surge In China And Is Spreading In The U.S.
China Launches Two Probes Into US Trade Practices
Beijing’s surprise intervention on Meta’s Manus rattles tech founders, VCs eyeing ‘China shedding’
China’s BYD sees first profit drop since 2021, even as the Tesla-rival takes global EV crown
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China retaliates for Houston consulate closure by taking over U.S. consulate
China’s Claims to the South China Sea Are Unlawful. Now What?
Republican and Democratic administrations have failed to thwart aggressive expansion in one of the world’s busiest sea lanes. The solution isn’t flashy, but it could work. ( read original story …)
Consulate closures an inflection point in China-US relations
In the more than 40 years since China and the U.S. established formal diplomatic relations, accusations have been traded, tensions have risen and fallen and the two sides have come dangerously close … ( read…
Powered by China, a Technology Benchmark Opens in Hong Kong
The Hang Seng Tech Index, which includes China’s two most valuable companies, fell more than Hong Kong’s broader stock market as it sought to give investors a better read on the tech sector’s growth ……
Ant Group’s IPO Has Deep Implications For Alibaba
Chinese equity markets were seemingly impervious to the escalating tensions between the U.S. and China which saw the closure of a consulate in each of the two countries. ( read original story …)
LVMH Confident in Recovery as China Confirms Rebound
LVMH Moët Hennessy Louis Vuitton saw a strong rebound in China in the second quarter and expects a gradual return to normal elsewhere in the second half, supported by the solid performance of … To…
In China, livestream sales flourish in time of COVID-19
Struggling retailers hope livestreaming will provide a lifeline. Aspiring influencers don’t always strike it rich. ( read original story …)
China’s Blockchain Service Network on the Rise Despite Split
China’s Blockchain Service Network (BSN), the government’s ambitious state-backed blockchain infrastructure project, has continued to show substantial growth despite significant internal friction … ( read original story …)
Trade, technology and security at risk in U.S.-China feud
They have the largest economies in the world. They spend more than anyone else on their militaries. From high-tech chips to control of the high seas, their interests are … ( read original story …)
LVMH Net Profit Plummets 84% in H1, Sees Rebound in China
LVMH Moët Hennessy Louis Vuitton said net profit plummeted 84 percent in the first six months of the year, although it forecasts a gradual recovery in the second half, supported by a strong recovery ……
European stocks close lower with U.S.-China tensions, coronavirus in focus; travel stocks down 2.8%
European markets were mostly lower Monday as investors continue to monitor rising diplomatic tensions between the U.S. and China, while travel stocks tumbled after the U.K. imposed quarantine measures … ( read original story …)
Victoria Beckham Beauty Eyes China, Launches Flagship on Tmall Global
You can’t be a successful global brand without a solid China business—it’s just not possible these days,” said Sarah Creal, co-founder and chief executive of Victoria Beckham Beauty. ( read original story …)
China’s ‘Bat Woman’ Shi Zhengli Says Nobody at Wuhan Lab Has Been Infected With Coronavirus
Shi Zhengli, the deputy director of China’s Wuhan Institute of Virology, has said that to date, no students or staff members at the research center have been infected with the new coronavirus. Dubbed … (…
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