The chairman of Nongfu Spring Co., a bottled-water company that’s ubiquitous in China, is now richer than Warren Buffett as his fortune surged $13.5 billion since the start of the year to $91.7 … (…
Tagged By beijing
Sequoia Capital China Takes Majority Stake in Ami
Sequoia Capital China has strategically invested in French designer brand Ami, with the aim of further globalising the 10-year-old fashion label’s business, according to a post on Sequoia Capital … ( read original story …)
Moncler Genius 2021 Presentation Moving to China
The presentation will be held in September, but the format and the lineup of designers are still under wraps, while Moncler underscored its increased focus on sustainability. ( read original story …)
Record U.S. Deaths; Chinese City Partly Shut Off: Virus Update
The U.S. reported a record 3,844 deaths from Covid-19, while confirmed cases globally climbed by an all-time high of 776,435 to more than 87 million. ( read original story …)
Beijing freezes as temperature hits five decade lows
Temperatures in the Chinese capital plunged to their lowest for more than five decades on Thursday, as Beijing was hit by gale-force winds and bitter conditions. Beijing regularly battles dry, bitter … ( read original…
China Draws Comparison Between Storming of U.S. Capitol, HK Protests
China drew a comparison on Thursday between the storming of the U.S. Capitol by supporters of President Donald Trump and last year’s often-violent pro-democracy protests in Hong Kong, but noted that … ( read original…
China is having a field day with U.S. Capitol chaos
Beijing has found the chaos incited by Trump a convenient defense for its authoritarian policies and iron-fisted suppression of dissent. “We hope that the American people can enjoy peace, stability … ( read original story…
Analysis: China is thriving in the chaos of the US presidential transition
This is shaping up to be a good year for Beijing. As the rest of the world continues to grapple with the coronavirus pandemic, China — where infections have been minimal for months now –…
US Considers Adding Alibaba, Tencent To China Stock Ban: Report
Targeting Asia’s two most valuable companies, worth a combined $1.3 trillion, would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese compa … ( read original…
U.S. considering adding Alibaba, Tencent to China investment ban – sources
The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said … ( read original…
Selected Shenzhen residents to get lottery ‘red envelopes’ with digital yuan
The “red envelope” Shenzhen gift initiative is the latest in a series of ongoing projects to encourage adoption of the digital yuan. ( read original story …)
Pro-Trump mob’s attack on U.S. Capitol is a gift for Beijing
China’s propaganda outlets were quick to point to the U.S. chaos in defending the Communist Party’s repressive policies. ( read original story …)
China extends debt relief to DR Congo amid COVID-19 crisis
China has granted some debt relief to the Democratic Republic of the Congo (DRC) to help it overcome economic fallout from the coronavirus pandemic, the Congolese foreign ministry said on Wednesday.As … ( read original…
