These informal banks, which TRM says are mainly operated by Chinese organized crime syndicates called triads, take incoming crypto from various criminal enterprises, and swap it for fiat that Chinese …
Tagged By beijing
Chinese tea chain Chagee pops in its IPO opening as investors look past trade war worries
Chagee Holdings Limited (NASDAQ:CHA) soared to as high as $41.78 in Thursday trading after pricing its IPO at $28.00 per ADS. The Chinese premium tea drink maker is offering 14.68 million shares and …
I Trained at an Amazon Center in Hangzhou. You’d Be Surprised What They Think of Trump.
In China, one of many nicknames for President Trump is Chuan Jianguo. It literally translates as “Trump the Nation Builder.” My best translation is “Comrade Trump.” The joke is that Mr. Trump is a …
Nvidia CEO Visits Beijing After US Bars Chip Sales to China
Nvidia Corp. Chief Executive Officer Jensen Huang arrived in Beijing Thursday, shortly after the Trump administration barred the company from selling H20 AI chip to China.
Chinese Government Invites William Ruto to Beijing on 4-Day State Visit
President William Ruto is expected to be in China for a four-day state visit. Ruto was invited by Chinese President Xi Jinping. He will be there for four days.
Zelenskiy accuses China of supplying Russia with weapons
By Anastasiia Malenko KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy said on Thursday China was supplying weapons and gunpowder to Russia, the first time he has openly accused Beijing of …
A 30-Year-Old Becomes Billionaire on US IPO of Chinese Tea Chain
A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as tensions between the two nations stoke an economic decoupling …
CIA director says China is #1 priority, poses biggest challenge from adversary in US history
CIA Director John Ratcliffe said “no adversary in the history of our Nation has presented a more formidable challenge” than the Chinese Communist Party.
Chinese tea chain Chagee opens at $33.75 per share in market debut, after pricing IPO at $28
Chagee, a Chinese tea chain, made its U.S. public market debut on the Nasdaq as trade tensions between Washington and Beijing rise.
Boeing delivery plant in China latest hot spot in tariff war
Boeing faced new questions over the impact of tariffs on exports to China on Thursday as the spotlight fell on the fate of jets waiting at an aircraft completion plant near Shanghai.
China’s Sunac reaches second debt restructuring deal with some major creditors
Property developer Sunac said on Thursday it had reached an agreement with key creditors on a second offshore debt restructuring plan, becoming the first Chinese developer to pursue a second such …
Schroders axes roles at fully-owned China fund unit, sources say
By Selena Li HONG KONG (Reuters) – Schroders cut about one-sixth of staff at its fully-owned China fund manager, sources with knowledge said, the latest global asset manager to trim operations in the …
The U.S. Exports a Lot of Stuff to China. Here’s a Breakdown
The trade fight with China is hitting the U.S. in two directions. The huge tariff barriers erected by both countries put the brightest spotlight on the massive amount of Chinese-made goods—$438.9 …
