Germany is a manufacturing superpower that would be a decisive ally, along with the rest of the European Union, in a trade war against China. ( read original story …)
Tagged By business
STAT China: Two more Hong Kong IPO filings, and Beijing’s latest drug price cuts
In this edition, more IPO filings, Beijing’s latest drug price cuts, and a renewed genomics patent feud between BGI and Illumina. ( read original story …)
Michael Kanaan: The U.S. needs an AI ‘Sputnik moment’ to compete with China and Russia
Minus AI,” Kanaan calls attention to the need for the U.S. to wake up to AI as a matter of global power, in the same way that China and Russia have. ( read original story…
GLOBAL MARKETS-Stocks rise as U.S.-China phone calls boosts optimism, euro gains
The euro rose on better-than-expected German business morale data on Tuesday while global equity markets gained, with the S&P 500 and Nasdaq poised to set new closing highs, as a phone call between U. (…
China, US discuss economic coordination in trade meeting
China’s Ministry of Commerce says U.S. and Chinese trade envoys have discussed strengthening coordination of economic policies … ( read original story …)
RealID to add 3D technology to 120 new auditoriums for China’s Star Macallin
RealD has signed an agreement with China’s Red Star Macalline Pictures Development … and RealD’s solution has worked perfectly for the development of our cinema business.” “RealD has been perfecting … ( read original story…
C$ rises as U.S.-China trade commitment bolsters sentiment
The Canadian dollar gained against its broadly weaker U.S. counterpart on Tuesday, as oil prices rose and signs of calming in trade relations between the United States and China bolstered investor … ( read original…
Jack Ma’s Ant Group files for IPO – and he’ll be the biggest winner
The markets in Shanghai and Hong Kong will be the centre of attention as Chinese fintech giant Ant Group comes to market. ( read original story …)
Blockchain Bites: Bitcoin’s ‘Rich List,’ Ethereum’s Volatility, DeFi’s Shakeup
The number of addresses on Bitcoin’s “rich list” is reaching new highs while another firm is putting its cash reserves into bitcoin, not a bank account. ( read original story …)
Will Biden Save China From Trump?
During the Republican convention this week, they will talk about “Tough Trump” as being hard on China and they will drop hints about “decoupling” from China. They will also mention “Beijing Biden” as … (…
China Market Update: Ant Group Hong Kong Files For Hong Kong IPO, US-China Trade Teams Talk
Asian equities had a mixed day on light summer volumes, despite news prior to the open that USTR Lighthizer and Treasury Secretary Mnuchin had a call with Vice Premier Liu He. Both sides had positive…
Jack Ma’s Ant Group files for Hong Kong-Shanghai IPO, says first-half profit rose 1,000%
Ant Group, which is still controlled by Alibaba founder Jack Ma, reported a more than 1,000% jump in profits in the first half of 2020. ( read original story …)
China EV Startups Chase Tesla’s Success, Ride the IPO Wave
Tesla’s success in China and NIO’s recent rally are encouraging many local companies to go public as they vie to increase their market share in the country’s EV industry. ( read original story …)
