The US dollar will cease to be the de facto world currency as globalisation retreats, so China and the United States should work together to create a globally used cryptocurrency – a strategy that ……
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China Market Update: Markets’ Worry Over US Stimulus Goes Global
Mainland China was risk-off with healthcare stocks as the only sector … One factor on today’s weakness could be the Mainland’s robust IPO market as three companies went public today and four … ( read…
China Mobile Pakistan deploys state of the art technology for 5G in Pakistan
China Mobile Pakistan (CMPak) has deployed a state-of-the-art Energy Efficient Digital Management Platform to set a new benchmark for energy efficiency … ( read original story …)
Trump and Beijing face off again: Both don’t like ByteDance’s Oracle deal but for different reasons
US President Donald Trump and Beijing are at loggerheads over ByteDance’s deal with … with Oracle and Walmart holding up to a combined 20 per cent stake, after a pre-IPO financing round. However, … (…
China Telecom leads mobile growth in August with 1.6 mln new customers
China Telecom added the most new mobile subscribers in China in August, growing by around 1.6 million to a total of 347.69 million. Market leader China Mobile lost another 473,000 customers to reach … (…
Positive on China markets, ESG and technology sector, strategist says
Paul Sandhu of BNP Paribas Asset Management discusses where he is seeing market opportunities under the current uncertain economic environment. ( read original story …)
Big Tech, Payments Firms May Be Targets Of China’s ‘Blacklist’
21) that leadership within China has “sped up development” of a list of U.S. firms that could conceivably be targeted for punishment amid the escalating spat that has focused on technology, data … ( read…
China unlikely to approve TikTok deal with Oracle, Walmart, state-owned paper says
China’s Ministry of Commerce in late August revised a tech … It also denounced the need for a ByteDance to reveal source code to Oracle as part of the latter’s role of “trusted technology partner”…
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 …)
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 … (…
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 …)