The sum total of a Biden China policy at this point seems to be multilateralism. Toward what end, we have not the faintest idea. ( read original story …)
Tagged By business
China State Media Gave Hints of Regime’s Displeasure With Jack Ma
As the former Alibaba CEO has not been seen in public for two months, a 2019 op-ed in Communist Party newspaper People’s Daily is trending for capturing China’s current mood toward him. ( read original…
ABF substrates supply tightened amid resurging crypto mining fever
Demand for mining ASICs has been regaining momentum in China along with sharp increases in cryptocurrencies’ value, further lengthening the queue of clients seeking capacity support from Taiwan … ( read original story …)
China says US sanctions have no ‘legal effect’ in Hong Kong or China, but analysts urge caution
What do Beijing regulators’ claims on the legality of US sanctions in China and Hong Kong mean for Carrie Lam and other sanctioned entities? ( read original story …)
China Baowu Steel unit opens 2.8 mln tonnes/year steel scrap plant
A unit of top steel producer China Baowu Steel Group has launched a steel scrap processing and production facility with annual capacity of 2.8 million tonnes in the eastern Chinese province of Anhui. ( read…
China Is Pushing For Its Digital Yuan: Is The World Noticing?
Introduction The future of Digital Currencies is looking quite bright. The revolution ushered in by Bitcoin and other cryptocurrencies mean that governments are now serious about exploring the … ( read original story …)
Genworth parent mulls US mortgage IPO after China merger stalls
Genworth Financial, the US-based parent company of Genworth Mortgage Insurance Australia, will explore a partial IPO of its US mortgage insurance business as part of a contingency plan after its … ( read original story…
How can a brand ever belong in China?
Numerous international brands have come unstuck in the past couple of years with their messaging in China because they are failing to do their homework – and then they do it over again, says a…
Pompeo Cites China, North Korea as Trump’s Unfinished Business
Secretary of State Michael Pompeo said Monday that he regrets the U.S. hadn’t made more progress in resolving “hard issues” with China or getting North Korea to shed its nuclear arsenal, while saying … (…
Alibaba’s Woes Continue as Jack Ma Disappears From Public View
Alibaba’s founder hasn’t appeared in public since late October, when he criticized the government’s regulatory approach. ( read original story …)
China Equities Break Above Resistance Levels, Didi Hong Kong IPO Possible
Mainland investors were very active in Hong Kong stocks today, buying $1.74 billion worth of Hong Kong stocks as Southbound Connect trading accounted for 15.6% of Hong Kong turnover. ( read original story …)
Jack Ma hasn’t been seen in public since Ant Group’s IPO was pulled. Here’s how Chinese regulators slammed the breaks on the firm’s would-be record-breaking $37 billion IPO.
Experts told Business Insider that Jack Ma’s incendiary comments blasting China’s banking rules played a role in the nation’s crackdown on Ant’s IPO. ( read original story …)
Ant’s miserable Christmas and unhappy new year
After seeing its IPO scratched, China’s Ant Group may have thought that things couldn’t get any worse. But they have, as Beijing takes a hammer to the humbled financial technology firm. ( read original story…
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