With travel restrictions in place, Chinese shoppers are buying luxury goods closer to home, and sales are going through the roof. ( read original story …)
Tagged By business
Bitcoin Surpasses $11,000; China’s Currency Insurgency
Stone Ridge Asset Manager purchased $100 million worth of bitcoin to make it the firm’s “primary treasury reserve asset.” … ( read original story …)
Which Country Wields Most Power in Asia? U.S. Leads But China Is Catching Up
China is closing in on the U.S. as the most powerful country influencing the Asia-Pacific, as America’s handling of the Covid-19 pandemic tarnishes its reputation, a study showed. ( read original story …)
China passes new law restricting sensitive exports
Under the law, China can take “reciprocal measures” toward countries or regions that abuse export controls and threaten its national security and interests. Export controls under the law will apply to … ( read original…
Source: Joe Biden Is The ‘Big Guy’ Referenced in Hunter’s Massive China Business Deal
We may need to give Hunter Biden a gift basket. He dropped off his MacBook Pro for repairs in Delaware in April of 2019 but forgot to pick it up. ( read original story …)
Big Western businesses spending billions in China
World-famous firms investing big in the People’s Republic Tesla Leading the way is California’s Tesla. CEO Elon Musk has been described as having a love affair with China and is pushing ahead with a ……
Hunter Biden’s business partner played key role in meeting between Chinese businessmen, Obama staff
A high-powered delegation of Chinese communist industrialists was able to gain access to senior Obama White House officials during a 2011 U.S. visit thanks to Devon Archer, Hunter Biden’s principal … ( read original story…
Top Chinese chemical firm uses blockchain to cut trade financing costs
One of China’s largest chemical producers has launched a new Blockchain Warehouse Receipt Platform to help the industry combat the rising costs of operations and trade financing. An increased demand … ( read original story…
Bloomberg New Economy: Ant Group Caught Between Beijing and Washington
But Ant Group, which grew out of a gigantic digital payments business, has the spending records of more than 700 million Chinese citizens at its fingertips. So banks now pay Ant to identify and assess…
China approves two new IPOs
China top securities regulator has approved the initial public offering IPO applications of two companies Paper making firm Quzh … ( read original story …)
‘Built by China’ brand taking shape
The “Built by China” brand has gradually been formed. The construction site of the second phase of the JD.com new headquarters at Yizhuang Economic and Technical Development Area in Daxing District is … ( read…
10 Things I Love About China
This article originally appeared in the November ’20 issue of Animation Magazine (No. 304)*** I create international kids’ TV shows for a living. I’ve made puppet shows in Palestine, buddy comedies in … ( read…
Chinese CEO Of OKEx Crypto Exchange ‘Arrested’ Again; Whales Bail
Star Xu is MIA. One of China’s biggest cryptocurrency exchanges sees massive outflows as CEO situation questionable. ( read original story …)