Nuclear fusion powers the Sun. Pierre Longnus | The Image Bank | Getty Images Researchers working on a project centered around fusion energy — the process that powers stars — have hailed “record...
Tag: China
America First Trade Policies Harming U.S. Companies In China
Donald Trump (L) and China’s President Xi Jinping leave a business leaders event at the Great Hall … [+] of the People in Beijing on November 9, 2017. / AFP PHOTO / Nicolas ASFOURI (NICOLA...
Alibaba & XPeng Have A Gargantuan Day As Markets Go Green
China Last Night KraneShares Key News Asian equity markets had a very strong night with every market in the green as the majority of markets were up more than +1%. Alibaba jumped as Softbank announced...
Covid Hurts Business At Yum China; Shares Plunge 4.3% In Hong Kong
A customer collects a take-out order in a KFC restaurant in Shanghai last September. Photographer: … [+] Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP Multiple waves of Delta variant outbreak...
Rise Of The Silver Shoppers
Chinese senior citizens are increasingly digital and represent the fastest-growing demographic. Kevin Lee/Getty Images When the actor Wang DeShun went for a walk, it went viral. It wasn’t just any wal...
Tesla cut a steering component to deal with chip shortage
Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, w...
No Way Home’ could have hit $2 billion with China release
Tom Holland stars as Peter Parker in “Spider-Man: No Way Home.” Sony Since its release in December, “Spider-Man: No Way Home” continues to top box office expectations. The film...
IMAX Returns To Profit In China Amid Box Office Recovery
“You’d be a fool to underestimate the role of China – its 1.4 billion people, its increased … [+] demographics, its increased quality of film, its increased budgets, its increased box office,” I...
Rumor That SoftBank To Sell Alibaba Stake Weighs On China Internet
China Last Night KraneShares Key News Asian equities were mixed overnight as China, Singapore, and Indonesia outperformed while India and the Philippines underperformed. Citi’s internet analyst is rep...
China’s zero-Covid policy ‘won’t work’ with omicron: Epidemiologist
China’s strict zero-Covid approach won’t be able to limit the spread of the highly infectious omicron variant, according to a U.S. epidemiologist. Beijing may not be able to use the same &...
China Under Fire For Treatment Of Olympic Athletes
Topline Representatives from several countries participating in the Beijing Olympics have taken issue with China’s behavior as a host country, pointing to inhumane conditions for quarantined athletes,...
Private equity sports investments neared $2 billion in 2021, NBA hot
Ballboys wear gloves while handling warmup basketballs as a precautionary measure prior to an NBA game between the Charlotte Hornets and Atlanta Hawks at State Farm Arena on March 9, 2020 in Atlanta, ...
‘Battle At Lake Changjin 2’ Tops $350 Million As ‘Spider-Man’ Nears ‘Avatar’
WUHAN, CHINA – OCTOBER 2: (CHINA OUT) Cinema employees sell Haagen-Dazs ice cream as the movie poster of “The Battle At Lake Changjin” is seen in a cinema on October 2, 2021 in Wuhan, Hube...
China Designates 15 National Pilot Zones and 164 Entities for Blockchain Projects
The Government of China has established 15 pilot zones Projects will be carried out in various fields like law, health, trade & finance, etc The government has also developed 164 entities for bloc...
At Winter Olympics, China Showcases The World It’s Own Cryptocurrency, Digital Yuan
China is pulling all plugs to make its CBDC digital Yuan popular. The e-CNY is one of the three forms of payment that foreign athletes and dignitaries can use at the Enter Olympics Games. The e-CNY is...
China: CBDC makes a low key debut at Winter Olympics, two banks phase out cash
After eight years of guesses, discourse, and conflicting reports, China’s digital yuan CBDC made a rather low-key debut at the 2022 Beijing Winter Olympics on 4 February. Time to introduce “yuan” self...
Hundreds Worldwide Protest China’s Human Rights Abuses As Beijing Winter Olympics Kick Off
Topline Hundreds of people in several countries on Friday protested against China’s repression of its Muslim Uyghur minority and Tibetans as the Beijing Winter Olympics kicked off amid diplomatic boyc...
The Year Of The Tiger Starts With A Roar
China Last Night KraneShares Key News Kung Hei Fat Choi! Asia had a strong day as Hong Kong traders returned from vacation in good spirits. The Hang Seng Index gained +3.24%, led by internet companies...
No Way Home’ Didn’t Need China To Pass $1 Billion Overseas
Zendaya and Tom Holland in ‘Spider-Man No Way Home’ Sony and Marvel As Spider-Man: No Way Home spends what could be its final day atop the domestic and worldwide box office before what I a...
China Allocates 15 Pilot Zones and 164 Entities for Blockchain Projects
China is blazing ahead in Blockchain technology and has established 15 pilot zones and 164 entities for blockchain projects. According to the Chinese government, the Blockchain-enabled projects will b...
China Designates 15 National Pilot Zones and 164 Entities for Blockchain Projects – Regulation Bitcoin News
The Chinese government has established 15 pilot zones and 164 entities for blockchain projects. “Projects will be carried out in various fields such as manufacturing, energy, government and tax servic...
China’s JD.com CEO Richard Liu To Donate More Than $2 Billion Of Shares To Charity
Richard Liu, founder and chief executive officer of JD.com Inc., in 2016. Photographer: Qilai … [+] Shen/Bloomberg © 2016 Bloomberg Finance LP One of China’s richest e-commerce entrepreneurs wil...
Starbucks CEO Kevin Johnson on why Chinese sales were weak
Reduced international travel and low traffic to office buildings weighed on Starbucks’ same-store sales in China, CEO Kevin Johnson said Wednesday. “Our stores that are in airports in the ...
Starbucks earnings hit by inflation, rising worker costs and damp China sales
Starbucks (SBUX) posted mixed first-fiscal quarter earnings results compared to Wall Street estimates, as soaring inflation, higher worker costs and the impact of the Omicron variant took a toll on th...
Leadership of China’s Xi threatened by Covid, real-estate crisis
George Soros, billionaire founder of Soros Fund Management LLC, at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020. Simon Dawson | Bloomberg | Getty Images Chinese leader Xi Jinping&#...
Asia grapples with high underinsurance amid rise in climate disasters
Rescuers evacuate stranded people in the waterlogged urban area of Weihui City in Xinxiang, central China’s Henan Province, July 27, 2021. Li An | Xinhua News Agency | Getty Images The flooding ...
Here’s How China Repurposed 2008 Summer Olympic Venues For The Winter Games (Photos)
Topline Beijing is the first city to host both the Summer and Winter Olympics, and China has revamped many of the venues from the 2008 Games for the 2022 competitions – here’s how organizers did it. T...