Russian President Vladimir Putin looks at the screen with Chinese President Xi Jinping session … [+] during the Saint Petersburg Economic Forum SPIEF 2022, on June 17, 2022, in Saint Petersburg,...
Tag: China
China Backed BSN Claims They Have Moved Past Ethereum In NFT Transactions
Blockchain-based Service Network (BSN) is a platform which allows blockchain deployment for organizations, and is backed by China. As per their claims during a press release, sales volume with respect...
Singapore’s GLP Sets Up $5 Billion China Logistics Fund; Taps AIA, Allianz As New Investors
Workers sort packages at a logistics facility in Hengyang in China’s central Hunan province on … [+] November 12, 2018. An e-commerce boom in the country has fueled robust demand for logis...
GM reports worst sales in China since onset of Covid-19 lockdowns
WUHAN, CHINA – 2022/05/18: Employees wearing masks work on a car assembly line at the SAIC General Motors Co. The SAIC General Motors Wuhan Branch has resumed production following epidemic preve...
BYD, Chinese EV Rivals Turning Into Tesla’s Toughest Competition
BYD began selling its Han electric sedan, priced from about $32,000 in China, earlier this year. BYD Elon Musk’s Tesla was the clear global leader in electric vehicle sales at the start of 2022, power...
China Court Rules Restrictions On USDT, Here’s Why
China’s Chaoyang Court on Wednesday in a labor dispute lawsuit ruled that companies can’t pay wages in Tether (USDT). Moreover, the court stated that virtual currency should not be circulated in the m...
Markets Take Breather
China Last Night KraneShares Key News Asian equities were largely lower while India and the Philippines outperformed. Hong Kong and China were off as recent outbreaks in several cities raise lockdown ...
H2O Waters Securities Launches First Crypto Water Token, Sequoia China $9 Billion Funding, Federal Reserve not Impressed by USD CBDC – crypto.news
H2O Waters Securities has launched the first water-focused crypto token. Sequoia China closes in on a $9 billion funding round to help new projects seed rounds and ventures, as the federal reserve app...
China’s Auto Sales Are Booming. Can the Rebound Last?
Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’s ...
Tesla Stock Quivers On Weak Q2 Delivery Numbers
Getty Images Key takeaways TSLA shed over 4% intraday Tuesday before rebounding to close up 2.55% in the session The initial Tesla stock shock occurred after Tesla announced fewer-than-expected vehicl...
Sequoia China Raises $9B in Funding amid Country’s Roiling Tech Space
Despite the government regulatory crackdowns, Sequoia China says the funding will support tech companies across all stages in the country. The Chinese affiliate of American venture capital firm Sequoi...
Investor delivers new tech ‘bubble’ warning
The recent tech rally may be doomed. Money manager Dan Suzuki of Richard Bernstein Advisors warns the market is far from bottoming — and it’s a concept investors fail to grasp, particularly when...
Alibaba Stock Is Rising Again. Why Chinese Tech Could Keep Outperforming.
Text size Alibaba stock had a tough run in 2021. Greg Baker/AFP via Getty Images Alibaba lost almost half of its market value last year while the S&P 500 gained more than 25%, disappointing inves...
Biden Seems No More Able Than His Predecessors To Stop Beijing’s Technology Thefts
Chinese President Xi Jinping finds an object for laughter. (Photo by Matt Mills McKnight-Pool/Getty … [+] Images) Getty Images America and China have long had a contentious trade relationship. A...
AI Ethics Perturbed By Latest China Devised AI Party-Loyalty Mind-Reading Facial Recognition Attestation That Might Foreshadow Oppressive Autonomous Systems
Should AI be used to try and ascertain governmental party loyalty? Future Publishing via Getty Images Are you loyal? In theory, it might be possible to examine your overt deeds and ascertain whether l...
More parts of China battle Covid and threats of lockdown as cases spike
Covid-related restrictions tightened in parts of China as local cases climbed, while lighter measures such as virus testing linger on in Shanghai, pictured here on July 3, 2022. Qilai Shen | Bloomberg...
Yellen & Liu He Speak, China Health Care Outperforms
China Last Night KraneShares Key News Asian equities were mixed overnight as Hong Kong and Mainland China were underperformers on low volumes after strong performance last week, closing flat and sligh...
What’s required to travel to Thailand? Only one Covid document now
Travelers wondering what it’s like to visit Thailand now may be interested to know the country is “allowing almost everything” again. That’s according to the Tourism Authority ...
Crypto investor Sequoia Capital China reportedly raises $9 billion
Sequoia Capital China, the Chinese affiliate of cryptocurrency-friendly venture capital firm Sequoia Capital, is about to raise $9 billion for its four new funds focused on Chinese startups. In raisin...
China’s Assault On European Electric Car Market Gathers Momentum
MG ZS electric vehicle (Photo by Vachira Vachira/NurPhoto via Getty Images) NurPhoto via Getty Images China’s long-term plans to conquer the European electric car market aren’t causing many headlines ...
Wind And Solar Provided A Record 10% Of The World’s Power Generation In 2021
Kern County, CA – March 23: LADWPs Pine Tree Wind Farm and Solar Power Plant in the Tehachapi … [+] Mountains Tehachapi Mountains on Tuesday, March 23, 2021 in Kern County, CA.(Irfan Khan ...
Boeing stock rated a ‘strong buy’ despite losing China deal to Airbus
Following the announcement on Friday, July 1, by three big Chinese airlines that they would be purchasing 300 aircraft from Airbus (OTCMKTS: EADSY), Boeing (NYSE: BA) appeared to have a negative pictu...
Missing Chinese-Canadian Mogul Will Stand Trial In China, Embassy Says
Topline Xiao Jianhua, a Chinese-Canadian mogul who was reportedly seized from Hong Kong with little explanation in 2017, is set to stand trial in China on Monday, Canada’s embassy in Beijing told Forb...
Here are the China trends investors bet money on so far in 2022
A factory in Suqian, Jiangsu province, China, on May 9, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — By the numbers, manufacturing companies in China snagged the most investmen...
Iran Slashes the Cost of Its Oil to Compete With Russia in China
(Bloomberg) — Iran is being forced to discount its already cheap crude even more as a top ally gains a bigger foothold in the key Chinese market. Most Read from Bloomberg China has become an imp...
Maverick’ Tops $1.1 Billion Worldwide
Tom Cruise in ‘Top Gun: Maverick’ Paramoun and Skydance Acting like Minions: The Rise of Gru wasn’t even in the room, Tom Cruise celebrated his 60th birthday by watching Top Gun: Maverick ...
Tesla deliveries fall due to China Covid shutdowns and supply shortages
Parts shortages and pandemic-related production shutdowns at Tesla’s plant in Shanghai caused a big drop in the electric car maker’s latest global vehicle deliveries, according to figures released on ...