Yahoo Finance’s Akiko Fujita and Brian Cheung discuss reports that Apple will look to expand its supply chain outside of China and how the stock is responding.
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Airbnb stops booking stays in China: source
Home rental service Airbnb is shutting down its business in China as a pandemic lockdown shows no sign of ending there, a source close to the company told AFP Monday.
Report: Crypto Mining in China Continues Despite Ban
Despite China’s nationwide ban on cryptocurrency mining, data recently published by Cambridge University indicated that mining has persisted in the country by moving underground and altering their …
NFTs vs. China
But a story out of China offers a reminder that crypto isn’t just for investing. Increasingly, it’s also being put to political ends. This one has to do with Non-Fungible Tokens — unique digital …
Airbnb Is Shutting China Business to Focus on Outbound Asia Travel
Airbnb Inc. is shutting its operations in China, choosing to focus instead on outbound Chinese tourism as the country continues its aggressive approach to containing Covid-19.
Airbnb To Quit China Business as Harsh Lockdowns and Competition Weigh on Demand
The company will suspend its domestic business in China but continue to serve Chinese travelers booking in other countries …
China-U.S. Relationship Like Titanic Headed for Iceberg: State Media Says
The Global Times quoted Da Wei, director of the Center for International Security and Strategy of Tsinghua University in Beijing, as saying that Biden’s tactics could result in China-U.S. relations …
BlackRock downgrades stocks, citing Fed over-tightening and China risk
Meanwhile, a downturn in China that’s “starting to rival” the 2020 slowdown is … is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and …
China Should Move Reserves Out Of US Treasuries
China has built a foreign exchange-earning economy and accumulated US$3.3 trillion in reserves over the past few decades, but such policies are o …
China launches 3 communications test satellites to low Earth orbit
China launched three new test communication satellites to low Earth orbit as the country looks to build its own version of SpaceX’s Starlink broadband constellation. A Long March 2C rocket lifted off …
The global energy crisis will get worse if aviation and China put more pressure on an already under-invested sector, Aramco CEO says
“If the aviation industry picks up speed, you are going to have a major problem,” Saudi Aramco CEO Amin Nasser told Reuters.
Airbnb to Shutter Domestic Business in China: Report
Airbnb is closing its domestic business in China, according to two sources familiar with the matter,” reported CNBC’s Deirdre Bosa on Monday.
China-India Border Crisis Has Quietly Resulted In Victory For Beijing
Since the China-India border crisis last erupted, Beijing has secured its territorial claim by installing massive military infrastructure.
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