The Trump administration and other Western nations have a growing interest in an alliance to establish critical supply chains outside of China, but the plan for how to do it remains in its infancy. (…
Tagged By business
TCP Group unveils more than USD 150 million of investment to expand Red Bull operations in China over the next three years
TCP Group, the inventors and owners of the Red Bull brand and trademarks in China and globally, today announced a series of investments totaling more than USD 150 million over the next three years in…
Business Group Cautions U.S. on ‘Reshoring’ Too Much China Supply
The head of the U.S. Chamber of Commerce on Tuesday warned the U.S. government against overdoing a major effort underway to rip U.S. supply chains out of Ch … ( read original story …)
CZ on Binance’s New Chinese Domain: ‘Let’s Focus on Tech First’
Binance’s new Chinese website gets an approval from the China’s Ministry of Industry and Information Technology … ( read original story …)
Iran Moves to Restrict Crypto Exchanges Under ‘Currency Smuggling’ Laws
Legislation proposed this week would make it increasingly difficult, and risky, for cryptocurrency exchanges to sell bitcoin in Iran. ( read original story …)
Chinese prostate, breast cancer drugs maker Kintor’s IPO more than 500 times oversubscribed as Hong Kong biotech investment fever continues
Cancer drugs developer Kintor Pharmaceutical saw its HK$1.86 billion (US$240 million) initial public offering heavily oversubscribed as investors continued to bet on biotech start-ups hitting the … ( read original story …)
New Nasdaq Restrictions on IPOs Could Be a Swipe at China — or Just About Investor Safety. What You Need to Know.
Nasdaq is set to unveil new restrictions on initial public offerings that could make it harder for some Chinese companies to list in the U.S. Is this the next step in the decoupling of China…
China’s possible countermeasures against Apple and Qualcomm would interrupt smartphone vendor supply chains
China’s possible countermeasures against Apple and Qualcomm follow US trade restrictions against Huawei –– escalating US-China trade tensions. ( read original story …)
U.S. blacklists Chinese logistics firm over business with Iran airline
Washington on Tuesday slapped sanctions on a China-based company it accused of acting on behalf of U.S.-blacklisted Mahan Air, the Treasury Department said, and denounced the Iranian airline’s flights … ( read original story …)
Nvidia Investors Accuse Chipmaker Of Misrepresenting $1B In Crypto Revenue In Lawsuit
A newly amended lawsuit filed against NVIDIA Corporation (NASDAQ: NVDA) alleges the chipmaker misrepresented about $1.126 billion in crypto revenues as belonging to … ( read original story …)
The Fed Is Bitcoin’s Best Friend
It is nothing new in equities to watch an index rise towards a round number and fall back when it touches it, but for a new generation of crypto hodlers it’s a new experience. (…
China escaped the trade trap — now Trump should deploy the truth trap
The Trump administration should step up its information campaign against the world’s most dangerous regime. ( read original story …)
Wanda Sports Group Company Limited Announces Voluntary Dismissal of Class Action Lawsuit
Wanda Sports Group Company Limited (the “Company,” and together with its consolidated entities, “Wanda Sports Group,” or “we”) (NASDAQ: WSG), a leading global sports events, media and marketing … ( read original story …)
