Behind the boom in China’s steel production since March – and hopes for a quick economic recovery – is a tale of two diverging sectors: construction demand for infrastructure projects has been strong, … (…
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Trump Says China Controls Bitcoin— Yet His Administration Supports It.
Bolton book reveals President Trump’s suspicion of Bitcoin, but his administration’s actions support Bitcoin and Ethereum at the expense of other crypto currencies. ( read original story …)
US trade adviser links virus to China government
White House trade adviser Peter Navarro is calling the coronavirus a “product of the Chinese Communist Party” and suggesting without evidence it may have been intentionally created by the Chinese … ( read original story…
Pinduoduo Founder Passes Alibaba’s Jack Ma As China’s Second-Richest Man
Shanghai e-commerce billionaire Colin Huang has passed Jack Ma, the main founder of China’s Internet heavyweight Alibaba Group, as China’s second-richest man, according to Forbes Real-Time Billionaire … ( read original story …)
China Roundup: Huawei targets cars, ByteDance enters Tencent’s backyard
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, we have several…
China Blocks Poultry From Tyson Plant After Outbreak
China Customs said it will suspend imports from a Tyson Foods poultry slaughterhouse where there has been a confirmed cluster of coronavirus infections. Selina Wang reports on “.” (Source: Bloomberg) … ( read original story…
How China and India Came to Lethal Blows
Beijing saw a threat in New Delhi’s steady improvement of borderland infrastructure and renewed Indian claims on disputed territory. ( read original story …)
Barr: China is ‘stealing the future of the American people’
Attorney General William Barr accused the Chinese Communist Party of “stealing the future of the American people” as he detailed how the U.S. government is pushing back against the national security … ( read original…
Barr Says U.S. Businesses ‘Part of Problem’ in Battling China
Attorney General William Barr said some U.S. businesses are helping China in the race for economic and technological dominance by putting their own earnings above the national interest. ( read original story …)
Boycott China call does little to put dent in OnePlus popularity, OnePlus 8 Pro sells out in minutes
Four of India’s top five smartphone brands (Xiaomi, Vivo, Realme, and Oppo) are from China, accounting for nearly 76 per cent of India’s 32.5 million smartphones shipped in the March 2020 quarter (IDC … (…
The Peet’s Coffee IPO Shows That Coffee Is Still Hot
If you’re looking to buy shares in JDE Peet’s, the newest coffee company to go public, you might find it to be a difficult task. That’s because, despite the Peet’s Coffee IPO raising $2.5 billion,…
Rather than decouple, China and the US must find ways to coexist
Clear thinkers in China know no one wins with a bitter divorce from the US. To chart a mutually beneficial path, Beijing could seek healthy competition with the US, expand operations of Chinese brands ……
How the India-China standoff is impacting Chinese brands in India
A whopping 97 percent of Indians say they will boycott major Chinese brands and instead support Indian brands, according to a survey by LocalCircles. ( read original story …)