The Philippines plans to spend 1.3 billion pesos ($26 million) to build more structures on a disputed island in the South China Sea, Defense Secretary Delfin Lorenzana said Tuesday. ( read original story …)
Tagged By blockchain
Hong Kong’s business community sees the need for national security laws, says think tank
Like most economies, Hong Kong should have a national security law — even if Beijing is the one imposing it on the city, a think tank said on Tuesday. ( read original story …)
China’s Employment Outlook Expected to Weaken in Third Quarter
The employment outlook in China will deteriorate in the third quarter because of the disruption to global business caused by the Covid-19 outbreak, a private survey showed. ( read original story …)
China’s Investment in Australia Falls to a 13-Year Low
Chinese investment in Australia plunged 58.4% last year to A$3.4 billion ($2.39 billion) — the lowest level since 2007, according to a report released amid a broadening diplomatic spat between the … ( read original…
The UK wants to reinvent its relationship with China in the age of Brexit
Even small changes in China have global effects. In February 2016, when Boris Johnson was still mayor of London, he wrote in The Telegraph newspaper that if the UK voted to leave the European Union,…
How China Became The World’s Largest Electric Vehicle Market
This story is the first of a two-part look at China’s electric vehicle market. As nations attempt to cut down on carbon footprints, electric vehicles are becoming a larger and large piece of the ……
Bitcoin Daily: China Freezes Thousands Of Crypto Accounts Amid Criminal Probe
Authorities in China have reportedly frozen bank accounts due to digital currency and fiat assets allegedly contaminated by illicit actions. ( read original story …)
Can the U.S. End China’s Control of the Global Supply Chain?
The trade war amplified calls in the U.S. and elsewhere for reducing dependence on China for strategic goods. Now, the pandemic has politicians vowing to take action. ( read original story …)
Japan wants manufacturing back from China, but breaking up supply chains is hard to do
When Japanese firm Iris Ohyama agreed in April to begin producing much-needed face masks in Japan, it marked a win for Prime Minister Shinzo Abe who wants to bring manufacturing back from China. ( read…
Hong Kong’s Rush to Attract China Listings Comes With a Risk
Hong Kong exchange’s race to attract big Chinese technology listings comes with one big risk, say money managers: The city’s ability to keep the investing dollars flowing in as it’s roiled by … ( read…
IPO Update: Burning Rock Biotech Bets On U.S. IPO
Burning Rock Biotech has filed proposed terms for an IPO in the U.S. The firm performs cancer screening and provides therapy selection services in China. BNR ha … ( read original story …)
With China’s Economy Battered By Pandemic, Millions Return To The Land For Work
Measures to mitigate the coronavirus pandemic have devastated China’s economy, shutting factories and urban jobs that millions of migrant workers depend upon. Many now seek jobs in their villages. ( read original story …)
Wild, Wild East: Why the ICO Boom in China Refuses to Die
Investors in China still can’t get enough of crypto ICOs. Even though scams are commonplace, and “chives” (retail speculators) lose money with alacrity, Chinese investors are culturally primed for … ( read original story …)