Brazil, Mexico, and many US states are reopening despite reporting record new daily cases of the coronavirus. ( read original story …)
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China’s Digital Currency Will Be First To Launch Worldwide: ‘It’s Going To Be Seamless’
China’s Central Bank Digital Currency (CBDC) could be the first such currency to launch internationally, bypassing the U.S. dollar. ( read original story …)
China Coronavirus Second Wave Risk ‘Very High’ Says Beijing Official as Lockdown Reinstated After Record New Cases
“The risk of the epidemic spreading is very high, so we should take resolute and decisive measures,” Xu Hejiang, spokesperson for the Beijing city government, said at a press conference. ( read original story …)
Coronavirus resurgence forces Beijing to reinstate isolation measures
Several districts in Beijing reinstated security checkpoints, ordered residents be tested and closed schools on Monday in response to an unexpected resurgence of the coronavirus in the Chinese capital … ( read original story …)
Nokia to deliver around 10% of China Unicom’s 5G core network
Finnish telecom equipment maker Nokia said on Monday that China Unicom had selected it to supply around 10% share of its 5G core network, confirming an earlier statement to Reuters by Nokia CEO Rajeev ……
China’s economy is ‘coming back quite nicely’ despite light stimulus: DBS
The Chinese economy is coming back in a “fairly decisive manner” despite the lack of “gangbusters” fiscal and monetary stimulus, says Taimur Baig of DBS Group Research. He is “fairly optimistic” for … ( read…
Coronavirus resurgence in Beijing prompts reinstatement of tough measures
Beijing reported its second consecutive day of record new numbers of COVID-19 cases on Monday, adding urgency to efforts to rein in a sudden resurgence of the coronavirus in the Chinese capital. ( read original…
Tesla’s China Car Registrations up 150% Month on Month in May
Tesla’s China registrations, including imported cars, grew to 11,565 in May from 4,633 units in April. Data from China Passenger Car Association shows sales of Tesla’s Shanghai-made Model 3 sedan hit … ( read original…
China’s Latest Coronavirus Outbreak Underscores Continued Threat
Beijing has closed the Xinfadi market, ordered testing of all its workers and is requiring anyone who traveled there to self-isolate for two weeks … ( read original story …)
China locks down 10 more neighborhoods, fires officials amid coronavirus resurgence: reports
Officials in China closed more neighborhoods and fired officials on Monday amid the spread of a new coronavirus outbreak linked to a market in Beijing, according to multiple reports. ( read original story …)
China’s new coronavirus outbreak sees Beijing adopt ‘wartime’ measures as capital races to contain spread
Beijing is reintroducing strict lockdown measures and rolling out mass testing after a fresh cluster of novel coronavirus cases emerged from the city’s largest wholesale food market, sparking fears of … ( read original story…
China’s new virus outbreak underscores continued threat
China’s capital was bracing Monday for a resurgence of the coronavirus after more than 100 new cases were reported in recent days in a city that hadn’t seen a case of … ( read original…
Global stocks sink after jump in China and US coronavirus cases
Global stocks fell sharply on Monday after a jump in new coronavirus infections in the US and China stoked investor concerns over a potential resurgence of the pandemic. European and US markets were … (…
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