China has been slow to retaliate against U.S. commercial restrictions this year, an illustration of the fact that the options available to it aren’t great. ( read original story …)
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KFC and Pizza Hut operator Yum China sees delivery business leading coronavirus recovery
Yum China, the country’s largest restaurants operator, said on Monday it expected its delivery business to continue expanding rapidly even after the coronavirus pandemic recedes. The outbreak has … ( read original story …)
The China Business School E20 Alliance Established, Launching A New Era Of Executive Education
led by Renmin University of China Business School Executive Education, held its inaugural meeting in Hefei City, Anhui Province, China on September 15-16. The first offline meeting gathered directors … ( read original story …)
China Eyes ‘New Battlefield’ In Looming Showdown Over U.S. Dollar Dominance
The race for control of the digitization of international finance is just beginning but it’s a race China seems determined to win. China is poised to roll out its closely-watched and long-awaited … ( read…
WM Motor nabs $1.5 billion, eyes STAR Market IPO
Why it matters: The investment is co-led by a group of capital funds owned by the Shanghai municipal government including China’s biggest automaker, SAIC. It brings WM Motor’s total funding to more … ( read…
China to boost new consumption based on new business forms
The General Office of the State Council has issued a guideline on accelerating the development of new consumption based on new forms of business. More should be done to implement the strategy of … (…
Xi Jinping wants China’s private companies to fight alongside the Communist Party
President Xi Jinping has sent a message to China’s private businesses: You can make money, but only if you follow my rules. ( read original story …)
Blockheads: Filecoin fork, US and UK outspend China on blockchain
Chinese Filecoin miners threatened to fork the massively popular network, the BSN will integrate two dozen public chains, and a new … ( read original story …)
‘Hooligan logic’: Chinese state media hardens stance on TikTok deal, casts doubt over Beijing’s approval
Chinese state media accused the U.S. of “hooligan logic” in its push for certain conditions in the TIkTok deal and cast doubt over whether Beijing will approve the terms. ( read original story …)
Beijing’s 2022 Winter Olympic preparations on track despite Covid-19
BEIJING, Sept. 22 (Xinhua) — The COVID-19 pandemic has wreaked havoc on global sport this year, as a number of events were canceled or postponed, but China’s preparations for the 2022 Winter Olympic … (…
High-level U.S. visits to Taiwan annoy China – but did not cross the red line, says analyst
A high-level State Department official to Taiwan last week angered China, but it probably didn’t cross any “red line,” said Eurasia’s Group’s Kelsey Broderick. ( read original story …)
HK Leader Says Cannot Demand Rights Protection for 12 Arrested by China
Hong Kong has no legal basis to demand that any particular rights be extended to 12 Hong Kong people detained in China as they tried to flee by boat and they will have to face…
Beijing unlikely to approve Oracle, Walmart’s TikTok deal: Global Times
SHANGHAI (Reuters) – Beijing is unlikely to approve an “unfair” deal Oracle Corp and Walmart Inc said they have struck with ByteDance over the future of video-streaming app TikTok, state-backed … ( read original story…