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“#WeWork CEO says company on track to be profitable by end of year” WeWork Chief Executive Sandeep Mathrani said Wednesday the co-working firm is “completely on track” to reach profitability by the fourth quarter of this year, and its office spaces in China have nearly bounced back to pre-pandemic levels. Mathrani took the helm at…
“#Can Joe Biden stand up the Chinese Communist Party?” Running for president has already cost Joe Biden at least one friend. Back in the Obama era, Biden spent dozens of hours with China’s president, Xi Jinping. On one occasion, they ate noodles at a Beijing restaurant with Biden’s granddaughter, and Xi once called Biden an…
“# Cointelegraph predictions for the first 5 CBDCs of 2021-2022 ” Central Bank Digital Currencies (CBDCs) have been an integral part of progressive discussions within the cryptocurrency community. CBDCs are virtual representations of the fiat currency of a particular country. They are often based on blockchain technology and are issued and regulated by the official…
“#Tesla will soon reportedly design cars that appeal to Chinese tastes” Tesla is on the lookout for “bi-cultural” designers as it looks to open a design studio in China. The electric automaker has reportedly begun the interview process with candidates who have 20 or more years of experience and are familiar with Chinese tastes, Reuters…
“# State-owned Chinese bank rolls out ATMs for digital yuan ” China’s efforts to develop a centrally-issued digital currency took a leap forward on Sunday as the state-owned Agricultural Bank of China launched the first digital yuan ATMs. Customers at select branches within the Shenzen region have reportedly begun spending and converting the digital yuan…
“#US, UK, Australia and Canada condemn Hong Kong arrests” Enlarge Image Former Democratic Party legislators Andrew Wan, left, Lam Cheuk-ting, second left, and Helena Wong, right, at a press conference after being released on bail. AP Photo/Kin Cheung, File The US joined Australia, the UK and Canada on Sunday in condemning the recent arrest of…
“#Who is Alibaba’s Jack Ma? Where he came from and disappeared to” For years, nobody flew higher in China than Jack Ma, the pixie-faced founder of the $500 billion powerhouse e-commerce conglomerate Alibaba, the Amazon of Asia. Now he’s vanished and no one knows where he is. Ma, a member of the Communist Party who…
“#Lessons from Georgia and other commentary” From the right: Lessons From Georgia After Republicans lost both Senate seats in a runoff that will go down as “the most consequential in history,” the party must “have the courage to face the depth and scale” of what happened in Georgia, advises ex-Speaker Newt Gingrich at Fox News….
“#Power struggle leaves UN rights body without leader” GENEVA – Russia and China have opposed a candidate from Fiji seen as a staunch human rights defender to lead the top United Nations rights body, diplomats and observers say, creating a deadlock just as Washington may seek to rejoin the forum it quit in 2018. The…
“# Law Decoded: Insurrections, transitions, monitoring transactions and 2021, Jan. 1–8 ” Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note January takes its name from Janus, the god of transitions and the guardian or the gates of Rome, looking always forward and…