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October 23, 2020
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CNBC Business

Businesses should get ready for more volatility in the Chinese yuan, regulator says

CNBC
CNBC – For more and to sign up click here BEIJING — China’s foreign exchange regulator told businesses Friday to prepare for more volatility in the yuan. The Chinese currency, also known as the renminbi, strengthened roughly 1% this week against the U.S. dollar to levels not seen since July......
CNBC Business

Chinese fintech giant Lufax seeks up to $2.36 billion in U.S. IPO

CNBC
CNBC – For more and to sign up click here A logo of of Lufax website Lu.com, is seen at the company’s headquaters on May 28, 2020 in Shanghai, China. Wu Jun | Visual China Group | Getty Images GUANGZHOU, China — Chinese lending and wealth management firm Lufax is......
New York Times - World

Trump Records Shed New Light on Chinese Business Pursuits

New York Times
New York Times – For more and to sign up click here Follow our live coverage of the Biden vs. Trump 2020 election here. President Trump and his allies have tried to paint the Democratic nominee, Joseph R. Biden Jr., as soft on China, in part by pointing to his......
CNBC Business

As Chinese investment into Ireland surges, Dublin tightens the rule book     

CNBC
CNBC – For more and to sign up click here Chinese Vice-President Xi Jinping (C) kicks a Gaelic football as he visits the Croke Park in Dublin on February 19, 2012 to attend an exhibition of Gaelic football and hurling. Xi Jinping, China’s leader-in-waiting, arrived on February 18 for a......
New York Times - World

India Returns a Chinese Soldier Who Got Lost Looking for Yaks

New York Times
New York Times – For more and to sign up click here India on Wednesday released a Chinese soldier its forces had detained along the disputed mountainous border with China last weekend, signaling an easing of months of tensions that at times this summer had threatened to descend into a......
CNBC Business

A Biden win could be bullish for the Chinese yuan, analysts say

CNBC
CNBC – For more and to sign up click here Democratic presidential nominee Joe Biden arrives to speak at a drive-in campaign rally at Riverside High School on October 18, 2020 in Durham, North Carolina. Drew Angerer | Getty Images A win for Democratic presidential nominee Joe Biden in the......
CNBC Business

Apple’s Chinese users are mainly snapping up iPhone 12 and iPhone 12 Pro models, new data shows

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CNBC – For more and to sign up click here Apple’s launch promotional material of the New iPhone12 Pro seen displayed on a mobile phone screen with an Apple logo in the background. Pavlo Gonchar | LightRocket | Getty Images GUANGZHOU, China — Chinese consumers have taken a liking to......
CNBC Business

Ant Group wins approval from Chinese regulators for the Hong Kong leg of its blockbuster IPO

CNBC
CNBC – For more and to sign up click here The Ant Group Co. logo and the Alibaba Group Holding Ltd. logo are displayed behind a reception desk at the company’s headquarters in Hangzhou, China, on Monday, Sept. 28, 2020. Qilai Shen | Bloomberg | Getty Images GUANGZHOU, China —......
BBC USA

Alibaba increases stranglehold on Chinese shoppers

BBC
“As the Covid-19 pandemic is accelerating the digitalisation of consumer lifestyles and enterprise operations, this commitment to Sun Art serves to strengthen our new retail vision and serve more consumers with a fully integrated experience,” said Daniel Zhang, chairman and chief executive of Alibaba. BBC – For more and to......
New York Times - World

China Threatens to Detain Americans if U.S. Prosecutes Chinese Scholars

New York Times
New York Times – For more and to sign up click here WASHINGTON — Chinese officials have told the Trump administration that security officers in China might detain American citizens if the Justice Department proceeds with prosecutions of arrested scholars who are members of the Chinese military, American officials said.......
New York Times - World

A Chinese city says it has given some residents a vaccine.

New York Times
New York Times – For more and to sign up click here A city in eastern China has started inoculating some people against the coronavirus with a vaccine that has not finished late-stage clinical trials, ignoring warnings from scientists that the campaign could carry major health risks. The announcement on......
CNBC Business

Nvidia’s $40 billion Arm acquisition could be targeted by Chinese regulators, analysts say

CNBC
CNBC – For more and to sign up click here Nvidia CEO Jensen Huang wearing his usual leather jacket. Getty LONDON – Regulators in China could be a major barrier in Nvidia’s attempt to buy U.K. chipmaker Arm from SoftBank for $40 billion, according to analysts. The mega-deal, which would......
CNBC Business

Chinese shoppers spend big during the Golden Week holidays — a sign consumption is on the mend

CNBC
CNBC – For more and to sign up click here Chinese consumers spend big during the Golden Week holidays SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
CNBC Business

An app that let Chinese users bypass the Great Firewall and access Google, Facebook has disappeared

CNBC
CNBC – For more and to sign up click here In this photo illustration a logo of the American multinational technology company and search engine Google is seen on an Android mobile device with People’s Republic of China flag in the background. Budrul Chukrut| SOPA Images | LightRocket | Getty......
New York Times - Sports

Chinese State TV to Air N.B.A. for First Time Since Hong Kong Rift

New York Times
Sopan Deb The backlash was immediate. N.B.A. Commissioner Adam Silver later said that he had rejected a demand from the Chinese government to fire Morey. But criticism came domestically as well, after the league issued a statement calling it “regrettable” that Morey’s views “deeply offended many of our friends and......
CNBC Business

Nasdaq-listed Chinese video platform Bilibili to do a secondary listing in Hong Kong, raise up to $1.5 billion

CNBC
CNBC – For more and to sign up click here The Bilibili booth is pictured during the 2019 Yangtze River Delta International Cultural Industries Expo at National Exhibition and Convention Center on November 21, 2019 in Shanghai, China. Gao Yuwen | Visual China Group | Getty Images GUANGZHOU, China —......
CNBC Business

Chinese wealth management giant Lufax files for U.S. IPO

CNBC
CNBC – For more and to sign up click here A logo of of Lufax website Lu.com, is seen at the company’s headquaters on May 28, 2020 in Shanghai, China. Wu Jun | Visual China Group | Getty Images GUANGZHOU, China — Lufax, one of China’s biggest wealth management platforms,......

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