To the Editor:Given that the political winds can change at any minute and the Communist Party can essentially dictate to a company how it needs to manage its business (Alibaba Group Holding is an exam...
Tag: China
After Restricting Balloon Overflights For 25 Years, China’s Protests Wear Thin
In the late 1990’s China repeatedly refused to permit balloon overflights. Gamma-Rapho via Getty Images Hours after U.S. jets shot down a sensor-packed Chinese surveillance balloon in U.S. airsp...
The Chinese Spy Balloon Is Down. Now The Fallout Begins.
US Secretary of State Antony Blinken speaks following a Memorandum of Understanding signing ceremony … [+] with South Korean Foreign Minister Park Jin in the Benjamin Franklin Room of the State ...
Charlie Munger Suggest U.S to Ban Crypto like China did
Charlie Munger is vice chairman of the multi-billion company Berkshire Hathaway and the so-called right hand of Warren Buffett, a centi-billionaire. Munger supported Buffett in earning billions of dol...
Yes, Chinese Spy Balloons Flew Over The U.S. When President Trump Was In Office Too
Chinese spy balloon flies above Charlotte, North Carolina on February 04, 2023. The Pentagon … [+] announced earlier that it is tracking a suspected Chinese high-altitude surveillance balloon ab...
Newly Launched Decentralized Twitter Rival ‘Damus’ Banned in China
Bitcoin News Damus reported on Thursday that the app has been taken down in China by the CAC. Apple cooperated promptly after being asked to by the authorities. For 2 days, Damus, a Jack Dorsey-backed...
China Helping Russia’s War With Ukraine With Military Aid—Violating Sanctions—Reports Show
Topline China is providing military aid to Russia in violation of U.S.-led sanctions placed by western countries, according to Russian trade data reported by the Wall Street Journal, as tensions build...
Language Differences Hold Back U.S. Companies In Fast-Growing Asia: KPMG Economist
Travelers on the move in the departure hall at the Hongqiao Railway Station in Shanghai last month; … [+] China’s economic growth rate this year is expected to one of the world’s fas...
Should The U.S. Be Afraid Of A Chinese Balloon?
U.S. Secretary of State Antony Blinken has delayed a meeting with Beijing officials because of the high-altitude Chinese balloon flying over sensitive sites in the western United States Associated Pre...
Starbucks Sees Revenue Miss in Q1 2023 as China Outfit Slows Growth
The company is planning to capitalize on its most active market, the United States. American multinational chain of coffeehouses and roastery reserves, Starbucks Corporation (NASDAQ: SBUX) has release...
Tesla Stock Price Thrives for 100% Recovery, Tesla Sales Increased in China
Tesla stock price has recovered itself tremendously after reverting back from the support level of $102 over the daily time frame chart. TSLA stock price has surged around 94% and is preparing for 100...
The Great China Unshoring, Retail’s Big Trend For 2023
The Great China Unshoring, Retail’s Big Trend For 2023 Shutterstock The retail industry’s supply-chain-induced inventory glut may turn out to have been a gift in disguise. Although companies are...
Stocks making the biggest moves midday: AMZN, GOOGL, AAPL
Workers load packages into Amazon Rivian Electric trucks at an Amazon facility in Poway, California, November 16, 2022. Sandy Huffaker | Reuters Check out the companies making headlines in midday trad...
The Marine Corps’ Light Amphibious Warship Seems To Be Faltering. Here Is A Novel Solution.
When the Pentagon revised its defense strategy to focus on China in 2018, no military service moved faster than the Marine Corps to begin making changes. Incoming Commandant General David Berger decla...
Consumer Rebound Rolls On, Week In Review
China Last Night KraneShares Week in Review Asian equities started the week off lower and then rallied higher in the middle of the week as central bank rate hikes dominated market news, though China m...
Hong Kong to give away half a million air tickets to boost tourism
Hong Kong’s new global promotional campaign will “kickstart” the city’s reopening to international travelers, the Hong Kong Tourism Board told CNBC’s “Squawk Box As...
Ripple General Counsel Slams Munger’s Call To Ban Crypto in US Like China
Alderoty reacts to Berkshire Hathaway Vice Chair’s call urging the U.S. to ban crypto as China did. Stuart Alderoty, General Counsel at Ripple, has reacted to a recent comment made by American billion...
Starbucks Stock Drops After Massive Decline In China Sales
Topline Starbucks’ stock slid Thursday afternoon after the company missed its quarterly revenue estimate, in part because of an immense drop in sales across China as the country grappled with tight lo...
Charlie Munger Urges US Government to Ban Crypto Like China Has Done – Featured Bitcoin News
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has urged the U.S. government to ban cryptocurrencies like China has done. “A cryptocurrency is not a curre...
Charlie Munger calls on US to join China in banning crypto
Warren Buffett’s business partner Charlie Munger has proposed that the United States should follow in the steps of China to ban cryptocurrencies- which he considers a gambling contract. In a WSJ opini...
Starbucks (SBUX) Q1 2023 earnings
A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California. Lucy Nicholson | Reuters Starbucks on Thursday reported quarterly earnings and revenue that fell sh...
Berkshire Hathaway Vice Chair Urges U.S. to Ban Crypto Like China
According to the 99-year-old billionaire investor, cryptocurrencies are mere “gambling contracts.” Charlie Munger, American billionaire investor and Vice Chairman of Berkshire Hathaway, has called on ...
Bank of China ex-advisor calls Beijing to reconsider crypto ban
The idea of lifting the cryptocurrency ban has started floating in China as a former central bank official has called the country to review its stringent crypto restrictions. Huang Yiping, a former me...
The United States Could Defend Taiwan—At The Cost Of A Lot Of Submarines
USS ‘Springfield’ moors at Naval Base Guam. U.S. Navy photo If and when China attacks Taiwan, the U.S. Navy’s submarines could be the first defenders to take shots at the Chinese invasion ...
Why Amazon China fell behind Alibaba, JD.com and Taobao
China’s e-commerce market was valued at $2 trillion in 2022, according to GlobalData, and the country also has a rapidly growing middle class, making it an attractive market for American compani...
TRON lauds crypto taxation in China – is an expansion underway
TRON confirmed that it sided with the idea of taxing cryptos if it supported healthy growth. The latest FOMC meeting could result in TRX’s upside. The harsh events of the crypto market in 2022 have ce...
CNY Rallies As Central Banks Hike Interest Rates
China Last Night KraneShares Key News Asian equity markets were broadly higher as Taiwan and South Korea outperformed. Central banks, including the Hong Kong Monetary Authority, the European Central B...
Charlie Munger: U.S. should ban cryptocurrencies
Charlie Munger at the Berkshire Hathaway press conference, April 30, 2022. CNBC Berkshire Hathaway Vice Chairman Charlie Munger urged the U.S. government to ban cryptocurrencies like China, saying a l...
President Xi Addresses Domestic Consumption In Speech
China Last Night KraneShares Key News Asian equities had a strong day following US stocks’ positive move yesterday, with the Philippines having a very strong day in advance of today’s Fed +25 bps rate...
Luxury stocks rally as China reopens, but consumers may shop ‘in-house’
A salesperson showing the limited edition launched by Emporio Armani to welcome the Year of the Tiger at a duty-free store in Haikou, south China’s Hainan Province, January 15, 2022. Zhou Huimin...