Survey of 120 companies shows many operations disrupted with deep concerns of more to come, especially in digital fields. ( read original story …)
Tagged By blockchain
U.S.-China Decoupling Raises Risks for European Firms
European businesses operating in China are facing rising costs and uncertainty as they grapple with economic decoupling between the U.S. and its Asian rival. ( read original story …)
IPO-prospect Kuaishou has a big issue – how to bag a profit from the 300 million who use its short video app
Kuaishou’s model has been criticised by some analysts for an over-reliance on celebrity influencers and a costly user acquisition strategy. ( read original story …)
Apple, BMW, Nike and Huawei named among global brands accused by the Tories of using Uyghur forced labour in China
The Conservative Party Human Rights Commission report said that tens of thousands of Uyghur Muslims had been transported to factories across the country to work. ( read original story …)
La Liga signs China Mobile deal
Chinese telco China Mobile has signed a content deal with La Liga which will run until the 2022/23 season. China Mobile will now carry top flight football ma … ( read original story …)
Chinese Hospital Issues First Electronic Bill on Blockchain
The People’s Hospital of Chengmai County issued the first electronic bill on blockchain-based platform in South China’s Hainan province. ( read original story …)
SOS Ltd. Announces its Aspiring Crypto Mining Strategy and Plan
PRNewswire/ — SOS Limited (NYSE: SOS ) (the “Company” or “SOS”) today announced its crypto mining plan. SOS plans to invest heavily in the crypto mining business to take advantage of the growing … (…
Oil hits 11-month high; China car sales keep recovering – business live
Shares in oil giants BP (+1.5%) and Royal Dutch Shell (+1%) have risen in early trading, following the rally in the oil price. This has helped to lift the FTSE 100 by around 10 points…
Chinese facial recognition unicorn Megvii prepares China IPO
Megvii, one of China’s largest facial recognition startups, is gearing up for an initial public offering in Shanghai. The company is working with CITIC Securities to prepare for its planned listing, … ( read original…
China’s Megvii kick-starts IPO on Shanghai’s Star Market after Trump added facial recognition giant to entity list
Facial-recognition developer Megvii abandoned its original Hong Kong IPO plan after the Trump administration placed it on a trade blacklist; it is now looking to list on Shanghai’s Star Market. ( read original story …)
Why Trump’s attempt to delist China from US will backfire
The China delistings have begun. This week, the New York Stock Exchange expelled three Chinese telecom companies to implement President Donald Trump’s November order that bars Americans from buying … ( read original story …)
Trump’s China Investing Ban Spurs Broad Wall Street Pullback
Two months after Donald Trump issued an executive order banning U.S. investments in Chinese military-linked companies –- and more than a day after it took effect — the financial industry is still … ( read…
Worsening U.S.-China Tensions Put Companies in Crosshairs
The Trump administration’s final days are proving as confounding as ever for companies and investors stuck in the middle of an increasingly contentious U.S.-China relationship. ( read original story …)
