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China’s industrial profits fall in June, add to fears of slowdown
… have been softening since the second half of 2018 as the economy slowed and the U.S.-China trade dispute escalated, with many industrial firms putting off business decisions and scaling back … ( read original…
Trump says China may try to delay trade deal until 2020 election
… the two countries have disrupted global supply chains and shaken financial markets in their dispute over how China does business with the rest of the world. Trump said China may be delaying a deal…
Huawei CEO believes China can beat Libra to launch native crypto
Huawei CEO and founder Ren Zhengfei has responded to Facebook’s planned launch of Libra by stating: “China can issue its own Libra”. According to Sina, who recorded quotes from a recent press … ( read…
Bitcoin Is Property, Chinese Court Rules — No Crypto Ban Contradiction
Meanwhile, there have been reports from China suggesting that the 2017 ban could be extended to other crypto-related spheres — namely, mining and marketing. Thus, earlier this year, news … ( read original story …)
Huawei CEO Calls on China to Create a Rival to Facebook’s Libra Crypto
Telecommunications giant Huawei’s chief executive has said that the time is ripe for China’s government to preempt Facebook’s Libra. Speaking in an interview with Italian media outlet L … ( read original story …)
China’s Wanda Sports raises $190.4 million in downsized IPO
on Friday priced its downsized U.S. initial public offering (IPO) below its targeted range to raise $190.4 million. The Beijing-based company, a unit of Chinese conglomerate Dalian Wanda Group, has … ( read original story…
China’s Wanda Sports raises US$190.4 million in downsized IPO
REUTERS: Wanda Sports Group , a sport events owner whose interests include selling sponsorship rights to the FIFA World Cup, on Friday priced its downsized U.S. initial public offering (IPO) below its … ( read…
Justin Sun praises China’s socialism in apology amid pressure from authorities
Justin Sun, the Chinese crypto-entrepreneur who made headlines … in a show of loyalty to China’s regulators amid reports of him being investigated by the authorities. “I was really fortunate … ( read original story…
Wanda Sports Hints at Chinese Firms’ Mixed Results in U.S. IPOs
Wanda Sports will become the 17th China-based company to list in the U.S. this year, according to data compiled by Bloomberg. That compares with 35 U.S. IPOs by Chinese companies for all of 2018. This…
China and U.S. trade negotiators to meet in Shanghai July 30-31
The governments of the world’s largest economies have levied billions of dollars of tariffs on each other’s imports, disrupted global supply chains and shaken financial markets in their dispute over … ( read original story…
China’s Wanda Sports cuts U.S. IPO size, lowers price range
SINGAPORE (Reuters) – Wanda Sports Group Co Ltd, a unit of Chinese conglomerate Dalian Wanda Group, has cut the size of its U.S. initial public offering (IPO) to up to $308 million from a previous…
Salesforce Enters China Amid Trade War, With Alibaba’s Help
(Bloomberg) — Salesforce.com Inc. unveiled a partnership with Alibaba Group Holding Ltd. to enter the Chinese software market, chasing new business in Asia despite the U.S.-China trade war. Alibaba … ( read original story …)
