The founder of China’s largest chipmaker SMIC said on Tuesday he was “optimistic” China could catch up with the United States in the next generation of semiconductors but that U.S. efforts to contain … (…
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Tesla’s Chinese rival Xpeng raises $400 million ahead of U.S. IPO, sources say
Xpeng has confidentially filed for an initial public offering in the U.S., but has not decided which exchange to list on, sources told CNBC. ( read original story …)
China’s July exports seen falling on global virus surge; import growth cools: Reuters poll
China’s exports are expected to have dipped in July as a surge in global coronavirus infections depressed demand, while growth in imports likely cooled, a Reuters poll showed on Wednesday. ( read original story …)
China’s services sector expands at slower pace in July – Caixin PMI
Growth in China’s services sector slowed in July from a decade high the previous month, as new export business fell and job losses continued, an industry survey showed on Wednesday, pointing to cracks … (…
China Pursues Economic Self-Reliance as External Risks Grow: Advisers
China is looking to reduce its reliance on overseas markets and technology for its economic development, government advisers say, as U.S. hostility and a global pandemic increase external risks that … ( read original story…
World Brand Lab Released ‘China’s 500 Most Valuable Brands of 2020’ List
World Brand Lab released the “China’s 500 Most Valuable Brands of 2020” list with an analysis report at the World Brand … ( read original story …)
Japan is boosting its ability to defend islands in the East China Sea that Beijing also claims
The East China Sea is home to the contested Senkaku/Diaoyu Islands, where Japan recently reported an extended presence of Chinese patrol ships. ( read original story …)
Class Action Lawsuit Claims TikTok Steals Kids’ Data And Sends It To China
The Trump administration considers TikTok a national security threat because its parent company, ByteDance, is based in China. President Trump said Monday … TikTok’s corporate affiliates and … ( read original story …)
Blockchain Bites: XRP Sales, INX IPO and Bitcoin Mining Woes
China’s bitcoin miners are in a rut, Ripple shows signs of sales growth and INX scaled down its IPO vision. China’s severe flooding, the worst in decades, hasn’t overwhelmingly impacted the bitcoin … ( read…
Blockchain, TikTok, And The Influencer Economy – What Are The Connections?
From technology CEOs being grilled by Congress, to allegations of hacking being hurled back and forth on a (seemingly) daily basis between the U.S. and China, this is a major business, political, and … (…
China Brands Trump’s Demands on TikTok Sale a ‘Smash and Grab’
China’s government won’t accept an acquisition of TikTok’s U.S. operations by Microsoft Corp. and may take action against Washington if a sale is forced, the Beijing-backed China Daily said in its … ( read original…
The Blue House Is Taking Initiatives To Position South Korea As A Blockchain Hub
The zone will allow the province to industrialize medical hemp on the blockchain— a major shift from conservative thinking to progressive. The global race for CBDCs In response to China’s CBDC, the … ( read…
The Navy’s problems keep growing as it takes a leading role against Russia and China
Problems with its leaders and its ships reflect a maritime force that is beset with serious and systemic problems that need immediate attention. ( read original story …)
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