The House speaker was reacting to the president’s executive order which brought sanctions against Beijing for imposing a security law that restricts freedoms in Hong Kong. ( read original story …)
Tagged By business
As China’s economy rebounds, dangers lurk beneath the surface
China faces internal and external challenges; stimulating consumer demand at home may be its biggest one, analysts say. ( read original story …)
Nissan takes on Tesla in China’s electric car market
Nissan has unveiled the first of its new electric vehicles as part of a turnaround strategy for the loss-making company. The Japanese carmaker is hoping its new all-electric sports utility vehicle … ( read original…
JD.com’s $3.9 billion Hong Kong IPO sees another Chinese giant diversify away from U.S. markets
Chinese e-commerce giant JD.com will go public on Thursday in Hong Kong and is expected to raise at least $3.9 billion, boosting Asia into its biggest week for initial public offerings so far in 2020.…
China bank IPO offers StanChart profitable exit
China Bohai Bank has raised HK$13.8 billion ($1.8 billion … bank counts Standard Chartered as its second-largest shareholder with a 20% stake. After the IPO, Standard Chartered’s stake will fall to … ( read original…
China Has a $42 Billion Clean-Energy Debt and It’s Getting Worse
China has used offers of generous subsidies to amass the world’s largest array of wind and solar power. But there’s a problem: it’s not fully paying them. ( read original story …)
The U.S. Declared China’s South China Sea Claims ‘Unlawful.’ Now What?
The announcement by Secretary of State Mike Pompeo brings the United States in line with international law and opens the door for sanctions and … ( read original story …)
US Navy warship challenges China in South China Sea as US blasts Beijing’s ‘unlawful’ claims and ‘gangster tactics’
The US “will not let China claim the South China Sea as its own,” a senior US State Department official said Tuesday. ( read original story …)
U.K. Bars Huawei From 5G Network, Raising Tensions With China
Banning the use of the Chinese tech giant’s equipment in high-speed wireless infrastructure is a major reversal by Prime Minister Boris Johnson — and a big victory for the Trump administration. ( read original story…
How Blockchain Will Bridge Consumption To Consciousness In The Jewelry Industry
As the diamond industry re-emerges from the COVID-19 shutdown, Everledger CEO Leanne Kemp urges business leaders to widen their perspective on what really matters to consumers. ( read original story …)
Iconix Brand Group Is Open to Selling Itself as It Looks to Tidy Balance Sheet
Iconix Brand Group Inc. has opened itself up to a sale. The New York-based brand management house, parent to brands such as Rocawear, Pony, Danskin and Joe Boxer, informed the Securities and Exchange … (…
U.S. Shift in South China Sea Raises Risk of Clash on the Water
The Trump administration’s move to brand most of Beijing’s claims in the South China Sea a violation of international law doesn’t mean much on its own: China has repeatedly refused to acknowledge the … (…
First companies obtain regulatory approval for IPOs under new ChiNext system
Three Chinese companies have become the first to obtain regulatory approval to publicly list on Shenzhen’s start-up board ChiNext, after a recent reform aimed at fast-tracking initial public offerings … ( read original story …)
