The technology industries of the U.S. and China are in some ways deeply intertwined and in others remarkably separate. The latest actions on the part of the U.S. aim to sever what ties remain. (…
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A faltering U.S.-China trade deal is now the nations’ strongest link
Top U.S. and Chinese trade officials are expected to recommit to a Phase 1 trade deal during a review on Saturday, even though China’s promised purchases of U.S. exports are far behind schedule. ( read…
Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDC
Both the U.S. and China are advancing on their central bank digital currency (CBDC) designs while a Bitcoin developer created a new programming language. ( read original story …)
Bitcoin miner manufacturer Ebang plans to launch crypto exchange in Singapore
Nasdaq-listed bitcoin miner manufacturer Ebang is preparing to launch its own cryptocurrency exchange in Singapore.The post Bitcoin miner manufacturer Ebang plans to launch crypto exchange in … ( read original story …)
Ant Group makes pre-listing filing in China for blockbuster IPO
Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding , has made a preparatory filing with China’s securities regulator for its planned blockbuster initial public offering. ( read original story …)
China recovery hopes dented by fall in retail sales – business live
As the first country to be hit by the Covid-19 pandemic, and the first to ease lockdown rules, China is a litmus test for global economic prospects. So it’s rather concerning that retail spending ……
China is set to expand its digital currency testing program to large cities, including Beijing
China’s commerce ministry has officially said that it would expand the digital currency testing program to large cities, including the capital Beijing.The post China is set to expand its digital … ( read original story…
China to Launch Major Expansion of Digital Currency Trials
China is planning a major expansion of testing for the central bank-led digital yuan, according to a Wall Street Journal Report on Friday. The country’s Ministry of Commerce … ( read original story …)
Breakingviews – U.S.-China tech spat is less costly than tariffs
China tech spat is a less costly fight than the trade war. The two nations will review their deal that reduced tariffs as the White House refocuses on purging Chinese technology. The latter is nothing…
Cryptocurrency Market News: Bitcoin unstoppable push to $12,000, China piloting digital currency in cities
At the time of writing, Bitcoin is trading at $11,716. An intraday low at $11,686 marked the end of the bearish leg. However, expected gains above $11,800 continue to delay due to low volatility and…
China’s economy set for gradual recovery into second half of 2020: Oxford Economics
China will find it “extremely difficult” to reach its targets for the “phase one” trade deal with the United States due to a decline in growth prospects globally, says Sian Fenner, lead Asia economist ……
China factory output flat, retail sales slip in July
China has reported its factory output rose just under 5% last month from a year earlier while retail sales fell slightly … ( read original story …)
AI Unicorn SenseTime Is Said to Mull Hong Kong, China IPO
SenseTime Group Ltd., China’s largest artificial intelligence company, is exploring a dual listing in Hong Kong and China as it closes in on $1.5 billion of pre-IPO financing, according to people … ( read original…
