A private gauge of China’s manufacturing activity rose in July to its highest level in more than nine years, boosted by accelerated production … ( read original story …)
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Goldman, BofA Left Off Ant IPO on Working With Rivals
Goldman Sachs Group Inc. and Bank of America Corp. were left off Ant Group’s upcoming stock sale in Hong Kong because of their past work with rivals of its affiliate Alibaba, according to people ……
China factory activity expands at fastest pace in nearly a decade-Caixin PMI
China’s factory activity expanded at the fastest pace in nearly a decade in July as domestic demand continued to improve after the coronavirus crisis, though export orders and employment remained weak … ( read original…
Goldman, BofA Left Off Ant IPO After Working for Alibaba Rivals
Goldman Sachs Group Inc. and Bank of America Corp. were left off Ant Group’s upcoming stock sale in Hong Kong because of their past work with rivals of its affiliate Alibaba, according to people ……
‘China rocks!’ — the U.S., not so much, according to Elon Musk
China has been taking a lot of heat on the global stage these days, particularly in the U.S., where unfavorability toward the country is at its highest … ( read original story …)
Tencent Builds Blockchain Platform for China’s Oldest Wine Producer
Chinese tech giant Tencent has revealed its plan for creating a blockchain-based wine traceability platform in collaboration with Changyu, China’s biggest and oldest wine producer, according to local … ( read original story …)
U.S. Small Business Bailout Money Flowed to Chinese-Owned Companies
Millions of dollars of Paycheck Protection Program loans went to China-backed businesses in sensitive sectors, a study found. ( read original story …)
TikTok owner discussing China IPO – sources
Short-video sharing could be worth 100 billion dollars or more. Reuters sources say that is the valuation TikTok owner ByteDance has in mind just for its Chinese operations as it mulls how to sell ……
Expanding Forced China Decoupling Beyond Economic Relations Only Hurts U.S. Business More
As Trump realizes what was once his only talking point for conquering the country’s toughest economic challenge—taming and decoupling from China—rings hollow, he is doubling down and pursuing even … ( read original story …)
ZTE, China Unicom complete 2.1G SA commercial verification
ZTE and the Shandong branch of China Unicom have completed a 2.1G SA commercial verification. ZTE completed the 2.1G SA systematic networking verification, the first 2.1G and 3.5G NR inter-frequency … ( read original story…
Report: Microsoft in talks to buy TikTok’s US business from China’s ByteDance
President Trump has plans to order China’s ByteDance, the owner of hit social video app TikTok, to divest from the company, according to new reporting from Bloomberg. After the initial news, reports … ( read…
Blockchain Bites: Dollar’s Decline, Ether’s Moneymakers and Coinbase’s Considerations
You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s … ( read original story…
China’s electric SUV maker Li Auto raises $1.1 billion in US IPO
Trade tensions between China and the U.S. have not stopped Chinese companies from eyeing to list on American stock exchanges. Li Auto, a five-year-old Chinese electric vehicle startup, raised $1.1 … ( read original story…
