Chinese cloud computing company Kingsoft Cloud Holdings Ltd raised $510 million in its U.S initial public offering, the first Chinese company to list in the United States since the coronavirus … ( read original story…
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One of Bitcoin’s Earliest Miners Is Dedicating $66M in Crypto to a Fund of Funds
Bixin, one of the earliest bitcoin miner operators and wallet startups, is dedicating 6600 bitcoin, worth $66 million, to a new fund of funds. ( read original story …)
China-backed AIIB approves $500 million loan for India’s COVID-19 response
Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it had approved a $500 million loan to India to help the country navigate the coronavirus pandemic. The loan is intended to … ( read original…
Asian shares up as U.S., China trade negotiators talk
Asian shares rose on Friday as investors focused on talks between U.S. and Chinese trade officials and solid corporate earnings rather than the looming release of data expected to show the worst U.S. ( read…
U.S. and China Negotiators Pledge to Implement Phase One Trade Deal
The top trade negotiators for the U.S. and China talked on the phone Friday, pledging to create favorable conditions for the phase one trade deal, China’s state-run Xinhua News Agency reported. ( read original story…
As US-China rivalry heightens, the pandemic could tilt global power in Beijing’s favor
China is likely to use the crisis as an opportunity to raise its profile and expand its influence particularly over countries hard-hit by the pandemic, analysts say. ( read original story …)
Blockchain as a Service Market is estimated to reach USD 18,981.66 Million by 2024
Service Market, By Platform (Ripple, Ethereum, R3, Hyperledger and others), By Component (Tools, Services), By Cloud (Private, Public, Hybrid), By Organization Size (Large enterprises, SMEs), By … ( read original story …)
Breakingviews – China’s soft power will be hardened by the virus
China’s soft power is getting a lot harder thanks to Covid-19. Even before the virus first emerged in Wuhan, the nation’s partners were reconsidering their economic and diplomatic ties. Foreign … ( read original story…
The Latest: China reports 1 new virus case, South Korea 12
The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. — China … ( read…
U.S., China top trade representatives held phone call: China ministry
Top trade representatives of China and the United States held a phone call on Friday and agreed to strengthen macroeconomic and public health cooperation, China’s commerce ministry said in a statement … ( read original…
China exports see surprise 3.5% jump in April, imports fall
China’s exports saw a shock 3.5 percent rise in April despite the global impact of the coronavirus pandemic, official figures showed Thursday, partly due to rising medical exports. In the … ( read original story…
Worker takes a break in Beijing, China
A Chinese worker takes a break on a civil maintenance site after the government lowered the Covid-19 threat to level two in Beijing on Thursday, May 7, 2020. The third straight month of economic ……
China reports one new coronavirus case, 16 asymptomatic cases
China reported one new coronavirus case for May 7, down from the two cases the day before, data from the national health authority showed on Friday. ( read original story …)