Apple shares have shed about $200 million in market capitalization after the news broke last Wednesday.
Tagged By beijing
China’s Ant Group Launches Blockchain Services Brand ‘Zan’ for Web3 Developers
Some Chinese tech giants are exploring blockchain Blockchain is the underlaying technology of cryptocurrencies Ant Group’s Zan will help Web3 developers with a range of services …
China Box Office: ‘Dust to Dust,’ Low-Key Crime Thriller Wins Weekend
Dust to Dust,” a low-key crime thriller, topped the mainland Chinese box office over the weekend, despite only being released on Saturday. The film, directed by Jonathan Li, recounts how 21 years …
Cross-border passenger traffic through Shenzhen ports exceeds 100 mln
SHENZHEN, Sept. 10 (Xinhua) — As of 2:30 p.m. Saturday, the southern Chinese city of Shenzhen, bordering Hong Kong, has recorded over 100 million border crossings this year, with a daily average of …
China’s Gotion To Build “Historic” $2 Billion EV Battery Plant In Illinois
Chinese EV battery maker Gotion has picked Illinois as the site of a new $2 billion EV lithium battery plant in the United States, the Midwestern state’s governor JB Pritzker announced with Gotion on Friday.
Rains from dying typhoon batter China for seventh day
Heavy rains from a typhoon kept southern China drenched for the seventh day as slow-moving storm clouds drifted from Guangdong on the coast to Guangxi, flooding low-lying areas, blocking roads and …
Have we reached peak China? How the booming middle class hit a brick wall
Facing a slowing economy and a less secure jobs market, China’s educated elite are left negotiating a new central bargain with the government …
Government facing pressure to rethink China stance
The government is facing pressure to take stronger action against Beijing, after a parliamentary researcher was arrested amid accusations he spied for China. Senior Conservative MPs have called for …
Haley slams ’embarrassing’ Biden admin trips to China, says adversary has killed more Americans than 3 wars
Republican presidential candidate Nikki Haley slammed President Biden for recently sending a handful of cabinet members to China, arguing it was “embarrassing” for the U.S. “China has been practically preparing for war with us for years,
CLSA says sell-off in Chinese stocks ‘has passed strongest point’ and Beijing needs to address market risk, investor concerns
The bulk of the selling pressure has passed its strongest point because most people are already underweight’ on Chinese stocks, head of research says Investors need to assess not only China’s fundamental outlook,
Death and debt in China: how a ‘half-baked’ bankruptcy law offers few individuals a fresh start
China’s southern metropolis of Shenzhen is the only mainland city where individuals can apply for bankruptcy, but it’s not easy, as authorities seem to frown on debt forgiveness.
Biden says China’s economic woes make Taiwan invasion less likely
President Joe Biden said that China’s economic challenges have taken a toll and make it less likely to consider an invasion of Taiwan to force its unification with the mainland.
Taiwan Envoy Sees ‘Alarming’ Signs in China’s Economic Slowdown
China’s economy is showing clear signs of a slowdown that will have an inevitable spillover to the region, according to Taiwan’s top emissary to the US.“There are some alarming indications and we are …