Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. It’s been a tumultuous week…
Tagged By blockchain
Tesla Asks China To Build Model 3 Cars With LFP Batteries – Report
Tesla Inc. (TSLA) is asking the Chinese government for approval to build model 3 vehicles in the country equipped with lithium iron phosphate (LFP) batteries, Reuters reported.The name of the battery … ( read original…
China to promote regulation for registration-based system of ChiNext
China planned to optimize the issuance and underwriting of initial public offerings (IPOs) under the reform of the registration-based IPO system in ChiNext, the country’s Nasdaq-style board of growth … ( read original story …)
China’s Crypto Is All About Tracing — and Power
Beijing will come out of the coronavirus crisis with a big first-mover advantage in official digital currency. ( read original story …)
Top U.S. Officials Threaten Action on China Over Hong Kong Security Law
Secretary of State Mike Pompeo and the White House economic adviser, Kevin Hassett, signaled the Trump administration would punish China. ( read original story …)
A Taiwanese semiconductor titan is at the heart of the US-China tech fight
The world’s largest semiconductor foundry is finding it hard to maintain neutral between the two super powers. ( read original story …)
Will China look to U.N. agencies to restore damaged reputation?
It’s clear that China treats the World Health Organization (WHO) as its own tool for “managing” whatever crisis situation arises. Is the U.N. Educational, Scientific and Cultural Organization (UNESCO) … ( read original story …)
Asia Today: India’s cases surge again, China opens Congress
India is reporting its biggest single-day spike in virus cases ahead of a resumption of domestic flights after a two-month halt … ( read original story …)
Qualcomm president says company’s ‘business model may be a stabilizing force’ between U.S. and China
As tensions continue to rise between the United States and China on everything from trade to coronavirus related actions, some American companies are concerned about being caught in the crossfire. ( read original story …)
Post-IPO Review: Wanda Sports Group Slims Down
Wanda Sports Group (WSG) went public in July 2019, pricing its shares at $8.00 in a U.S. IPO. The firm provides a range of sports events and related marketing services worldwide. ( read original story…
SmartCard Marketing Systems Inc. (OTC:SMKG) China Releases E-Yuan Cryptocurrency, A Major Opportunity For Our Payment Rails
The news creates a major opportunity for the company, as the company has been hedging significant investment resources in development over the past 3 years in developing a world class Payment Rails … ( read…
China’s Tighter Grip on Hong Kong Shakes City’s Business World
The territory’s stock market plunged amid expectations that money would soon be leaving the Asian financial hub, which faces tough new measures from Beijing and retaliation from the United States. ( read original story …)
U.S.-China tensions could become a bigger headwind for the stock market
Rising tensions between the U.S. and China could become a more persistent headwind for markets, as the the presidential election approaches. ( read original story …)
