China’s most popular social media application, WeChat, will enforce a ban on crypto asset trading and fundraising activities at the end of this month. The move is in line with the Chinese … ( read…
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China slams U.S. move to blacklist telecom giant Huawei
China on Thursday slammed a decision by the U.S. government … It said restricting Huawei from doing business in the United States would “limit the U.S. to inferior yet more expensive alternatives, … ( read…
Brokers brave China’s FX market crackdown in hunt for household high rollers
SHANGHAI/SINGAPORE (Reuters) – Lured by hopes that China’s retail investors could become major players in global currency markets, foreign brokers are brazenly chasing business in a gray area of … ( read original story …)
Canola growers caught in middle as Canada-China relations sour
China is the biggest buyer of Canadian canola … meaning the drop represents a $200,000 hit to a small business’ bottom line. … ( read original story …)
China opposes use of unilateral sanctions against its entities: ministry
BEIJING (Reuters) – China strongly opposes other countries imposing unilateral sanctions on Chinese entities, a Commerce Ministry spokesman said in response to the latest U.S. restrictions on … ( read original story …)
The Luckin Coffee IPO: What You Need To Know
A young coffee chain is trying to become the “Starbucks of China,” and it wants to give your income a little kick. The IPO Luckin Coffee Inc. will issue 30 million shares on the Nasdaq…
Trump’s trade war won’t stop Burger King from opening 1,000 new restaurants in China
Restaurant Brands (QSR) CEO Jose Cil still has a whopper of a number in mind when it comes to new restaurant openings in China — 1,000 to be exact, at least as it pertains to…
Trade war to hit high-end US fashion brands dependent on specialised Chinese manufacturing
Photo: Agence France-Presse High-end US fashion brands have become more reliant on China for manufacturing, making them more vulnerable to an increase in trade war tariffs, a new study shows. While … ( read original…
China’s exporters of Donald Trump wigs and American flags ‘had no idea’ they face higher trade war tariffs
A Chinese producer of socks brandishing the face and hair of US President Donald Trump is set to be hit with a new trade war tariff Manufacturers of ‘Trump … Alibaba is the owner of…
Luckin Coffee IPO: Blackrock Financed The Chinese Starbucks
IPO investors are usually reluctant to give money … may not be able to act against the LK as the assets are located in China. Read the lines below for further details on this matter:…
Rapid bitcoin rally cheers crypto market investors, others wary
Bitcoin hit its highest level in 10 months on Tuesday, raising hopes among cryptocurrency enthusiasts of greater mainstream acceptance as an escalating U.S.-China trade war roiled … asset,” said … ( read original story …)
In China, Some Fear the End of ‘Chimerica’
Today, as the American government threatens to take that away, the serial entrepreneur and venture capital investor is fundamentally rethinking how he does business. One of his portfolio companies … ( read original story …)
China says it has agreed with U.S. to keep talking over trade war
China and the United States have agreed to keep talking about their trade dispute, the Chinese government said on Tuesday, as U.S. President Donald Trump said he thought recent discussions in Beijing … ( read…
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