China’s credit rating agencies are standing by their triple A scores for troubled state-owned enterprises, even as a series of defaults reverberates through the country’s $4tn corporate debt market. ( read original story …)
Tagged By blockchain
China Moves to Surpass US in Economics, Technology, Diplomacy and Military, Report Says
“This year, a lot of our focus was on China moving beyond catching up and moving to surpass [the United States] in the economic field, [as well as in] technology, diplomacy and military,” U.S.-China ……
Banks Need to Adopt Crypto, Now
Resistance is futile and the time for doing nothing with crypto was two years ago, not today, says our columnist. ( read original story …)
China Drafts Rules on Mobile Apps’ Collection of Personal Data
China unveiled draft guidelines on Tuesday seeking to limit the scope of mobile apps’ collection of personal data in the latest attempt to curb the sprawling technology sector. The set of draft rules … (…
Maia Active Is Sprinting for China’s Female Activewear Crown
The four-year-old start-up, known for its ultra-comfortable fabrics and thoughtful design, is planning more than 100 stores across the country. ( read original story …)
Baozun Stock Is Still a Top E-Commerce Bet in Mainland China
It’s been a wild ride, but with just a month left in 2020 shares of Baozun (NASDAQ:BZUN) are up nearly 16% since the start of the year. E-commerce is already a well-established field in mainland…
Australia and the US are teaming up to build hypersonic missiles to counter Russia and China
The US, China, and Russia are already working on such weapons, and other countries in the region might follow suit, one analyst says … ( read original story …)
Leaked documents reveal China severely underreported coronavirus cases as the pandemic spread
Documents leaked to CNN show that the real tally of coronavirus cases was significantly higher than public figures suggested. ( read original story …)
Will Alibaba’s Cloud Business Ever Generate a Profit?
Alibaba is often called the “Amazon (NASDAQ:AMZN) of China” because it’s the country’s largest e-commerce and cloud infrastructure company. But that generalization glosses over tw … ( read original story …)
Is 5G sky falling? Here’s the truth about China, US in battle for wireless future
China is way ahead, and drastic measures are needed to catch up. But these claims are often based on poorly understood comparisons of 5G deployment, say the au … ( read original story …)
China’s factory activity hits quickest expansion in 10 years in November, driven by a burst in output and new orders
The strong upturn in China’s economy boosted the fastest increase in employment since May 2011, IHS Markit’s survey showed. ( read original story …)
China’s iconic sedan brand Hongqi posts strong sales
In November alone, the automaker sold 25,000 Hongqi cars, an increase of 100 percent year-on-year, indicating a rising demand for the vehicles. Hongqi, meaning “red flag”, is China’s iconic sedan … ( read original story…
US’s Ban on Chinese Firms: It’s now China Mobile
A bigger issue symbolically and in the context of trade and investment friction between US and China than in terms of revenue loss to China Mobile. This… 27 comments on LinkedIn … ( read original…
