I was lucky.” Ant may not be a household name in most of the world, but the Chinese fintech behemoth controlled by Jack Ma has set off an investor frenzy for the history books. Brokers…
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China’s digital yuan aims to halt US ‘dollarisation’, boost retail payments, ex-central bank governor says
China’s sovereign digital currency is designed primarily to grow retail payments at home and prevent the dominance of the US dollar, rather than address threats raised by cryptocurrencies or … ( read original story …)
China smartphone vendors ramp up overseas shipments in 3Q20, says Digitimes Research
The sequential gains come as Chinese brands, with the exception of Huawei, were able to ramp up overseas shipments to meet inventory replenishment demand by channel operators outside China … ( read original story …)
Breakingviews – Chinese lender IPO mess holds rules up to ridicule
Recapitalising banks hammered by the pandemic is essential, but IPO mechanisms doom them to sink, as occurred with Postal Savings Bank of China in 2019. That deters private investment. Beijing is … ( read original…
Hunter Biden’s business partners feared release of China story
Tucker Carlson shares more from his exclusive interview with Tony Bobulinski on ‘Tucker Carlson Tonight’ … ( read original story …)
China’s digital yuan aims to halt US ‘dollarisation’, boost retail payments, former central bank governor says
Former central bank governor Zhou Xiaochuan says China’s digital currency plan is focused on preventing US dollar hegemony and building up domestic retail payments. ( read original story …)
Chinese domestic brands increasingly popular among younger generation in China: survey
Chinese brands are becoming more popular and are expected to continue to gain ground among young Chinese, according to a survey launched by China Youth Daily. China Youth Daily released the survey … ( read…
Tencent-backed short video app Kuaishou Technology to file for Hong Kong IPO within two weeks, say people familiar
Founded in 2011, Beijing-based Kuaishou was initially launched as a tool … Kuaishou’s plan for a Hong Kong IPO has come amid increasing threats from Washington to decouple the world’s two biggest … ( read…
Joe Biden Was the ‘Chairman’ Who Ruled Out Tighter Controls for Hunter’s China Business, Tony Bobulinski Claims
Tony Bobulinski told Tucker Carlson that Joe Biden gave “an emphatic no to the ask that I had, which was putting proper governance in place around Oneida Holdings.” … ( read original story …)
Blockchain Bites: Bitcoin Miners’ Slim Margins, ConsenSys’ Latest CBDC Pilot, a16z’ Power Hire
JPMorgan unveiled a revamped interbank transfer blockchain network that could challenge SWIFT … While bitcoin‘s hashrate has taken a dip as China’s wet season comes to an end, mining professionals … ( read original story…
Leaked Audio: Hunter Biden Discussing Business Deals With The “Spy Chief Of China”
Raheem Kassam of The National Pulse leaked this audio from Hunter Biden’s laptop, which is reportedly now in the possession of the FBI. Kassam writes: “Hunter Biden – in an audio file labeled ‘Most ……
China Beauty Wave Sweeps Across the United States; Cosmetics Brand Florasis Appears on Times Square Screen
In recent years, Chinese makeup look and cosmetics products have become popular around the world, and the Chinese cosmetics brand “Florasis” has attracted much attention. ( read original story …)
China’s Sinopec flips to quarterly profit on robust refining business
Top Asian oil refiner Sinopec Corp swung to a record quarterly profit in July-September, a company filing showed on Wednesday, thanks to a robust refining business and earnings from the spin-off of … ( read…
