Uber has tied up with several other automated driving tech firms recently, including robotaxi operator Waymo and an undisclosed investment in Wayve Technologies Ltd. It also has a robotaxi service …
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Starbucks mulls options for China business, including stake sale – report
Starbucks (NASDAQ:SBUX) is reportedly considering options for its Chinese operations, including the possibility of selling a stake in the business. Citing people with knowledge of the matter, …
China’s CBDC Pioneer Expelled Amid Cryptocurrency Bribery Charges
Yao Qian, China’s CBDC pioneer, is accused of cryptocurrency bribery, highlighting risks in digital currency governance and oversight.
China announces policy measures to boost trade amid worries over Trump tariffs
China’s commerce ministry on Thursday announced a series of policy measures aimed at boosting the country’s foreign trade, including pledging to strengthen financing support to firms and expand …
China’s first cryptocurrency corruption case captures former central bank official
A crypto-friendly former official with China’s central bank has been accused of taking bribes through cryptocurrencies, in the first corruption case of its kind in the country as it cracks down on …
Starbucks explores selling stake in Chinese business amid strategic growth plans
Starbucks is considering selling a stake in its Chinese operations, as it is exploring strategic partnerships to drive growth, the coffee chain said. A global spokesperson for Starbucks said in a statement: “We are wholeheartedly…
Chinese Judge Cites ‘High-Pressure Crackdown’ On Speculation In Judgment Declaring Crypto Ownership Legal As Bitcoin Moves Past $97K
Amid Bitcoin’s (CRYPTO: BTC) record-breaking run, a Shanghai court has opined that owning cryptocurrencies as an individual is not against Chinese law. What Happened: Judge Sun Jie of the Shanghai …
Mark Tanner assesses how brands active in China are looking at their positioning following the US presidential election
Mark Tanner assesses how brands active in China are looking at their positioning following the US presidential election …
China crude oil imports set for November rebound, but it’s price not demand: Russell
China’s crude imports are on track to rebound in November to the highest in three months, but the increasing appetite of the world’s largest oil importer is more about price than rising demand.
What Luxury Can Learn From China’s Singles’ Day
However it was China’s big tech that—again—won the day. Alibaba Group said that 45 brands delivered more than RMB 1 billion in GMV. One of these was Apple. 589 surpassed RMB 100 million in GMV…
Shanghai judge says cryptocurrency is a commodity, legal to own
A Shanghai judge’s analysis highlights the legal murkiness of cryptocurrency in China, clarifying it as a virtual commodity with restrictions on issuance and trading.
Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Reuters poll
The United States could impose nearly 40% tariffs on imports from China early next year, a Reuters poll of economists showed, potentially slicing growth in the world’s second-biggest economy by up to …
Economists expect Trump to place huge tariffs on Chinese imports: Survey
Economists are expecting President-elect Trump to place tariffs of around 40 percent on Chinese imports, according to a new survey from Reuters. In the survey of economists, 45 percent said the …
