Enlarge / The Chinese embassy in the US posted this tweet on Thursday morning. Twitter removed it on Friday evening. (credit: BULENT KILIC / AFP) (Photo by BULENT KILIC/AFP via Getty Images) On Thursday evening I wrote about a tweet by the Chinese government’s US embassy praising China’s treatment of its Uighur minority. According to the […]
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. On Thursday, Brazilian authorities said private Chinese vaccine maker Sinovac’s COVID-19 candidate was 78% effective in preventing infections, allowing it to join companies like Pfizer, Moderna, and AstraZeneca as leaders in the global race to […]
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Hundreds of supporters of President Donald Trump on Wednesday laid siege to the U.S. Capitol building to protest Congress’s certification of November’s presidential election. The astonishing scenes of violent rioters overtaking police to occupy the […]
One day after U-turning on its late-December decision to delist three Chinese telecom companies from its exchange, the New York Stock Exchange U-turned again on Wednesday and announced it would, after all, delist the three companies. “If you are confused, so am I and it seems like the dying days of the Trump Administration will […]
Alibaba Group Holding Ltd. and Tencent Holdings Ltd. led a technology stocks selloff as the Trump administration considers barring investments in China’s two most valuable companies. Alibaba fell more than 5% and Tencent dropped as much as 4.4% in Hong Kong trading on Thursday, tracking losses in their New York-listed securities. The State Department, Department […]
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Zhong Shanshan has turned water into gold. Zhong, chairman of Chinese bottled water empire Nongfu Springs, has become the sixth richest person on the planet as shares in his company has soared nearly 20% since […]
President Donald Trump signed an order banning U.S. transactions with eight digital Chinese payment platforms including Ant Group’s Alipay in 45 days, when he’ll no longer be in office. The order is the outgoing administration’s latest bid to use national security powers against China’s technology companies, but it will be up to President-elect Joe Biden to decide […]
In the three decades since he founded e-commerce behemoth Alibaba Group, Jack Ma has reveled in his identity as China’s most flamboyant billionaire. He has been a regular at the World Economic Forum in Davos and the Fortune Global Forum, appeared at Alibaba events dressed as a punk rocker and Michael Jackson, and even performed […]
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Last Friday, China’s Ministry of Finance cut subsidies for electric vehicles (EVs) by 20% this year, as sales of so-called new energy vehicles (NEVs)—a category covering hybrids, plug-ins and hydrogen-powered autos—regained momentum after plunging during […]
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Last Thursday, the New York Stock Exchange announced it had begun a process of delisting three Chinese telecom companies from its bourse, to keep in line with an executive order issued by President Donald Trump […]