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“#Jack Ma mystery continues as CNBC reports he’s just laying low” The mystery over Jack Ma’s whereabouts continued on Tuesday with a new report claiming that the tech billionaire understands that he “ran afoul” of the government in China and is choosing to stay out of the spotlight as a result. “He’s not showing up,…
“#Chinese court bans Amazon from using ‘AWS’ logo” A court in China has reportedly banned Amazon from using its cloud-computing business’ logo there. The Beijing Municipal High People’s Court sided against the e-commerce colossus in a trademark dispute centered on Amazon Web Services, the lucrative segment that hosts websites and provides other tech services, according…
“#New life into theory COVID-19 is result of China lab leak” An American novelist is breathing new life into the theory that the COVID-19 pandemic was the result of a lab leak in China — a notion that several scientists agree is “absolutely” possible. In a nearly 12,000-word cover story for New York Magazine, Nicholson…
“# Selected Shenzhen residents to get lottery ‘red envelopes’ with digital yuan ” Programs to pilot and encourage widespread adoption of China’s central bank digital currency, known as DC/EP or the digital yuan, are continuing apace. As a New Year’s offering, the city of Shenzhen is offering its residents the option to register to take…
“#Why China’s economy won’t surpass the US’s by 2028” A new report from the Center for Economics and Business Research says that China will displace the United States as the dominant economy on the planet by 2028. The London-based group also claims that, alone among the major powers, China has shrugged off the coronavirus and…
“#China is showing its true — and ugly — colors again” Showing its true colors again this week, the Chinese Communist Party sentenced its first citizen journalist to hard time — for reporting the truth about the COVID-19 outbreak in Wuhan. Zhang Zhan, a former lawyer who traveled to Wuhan in February, was sentenced to…
“#NYSE starts process of delisting 3 Chinese telco companies” The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, after President Trump last month barred US investments in Chinese firms Washington says are owned or controlled by the military. The move by the NYSE, which will limit US investor…
“#Wuhan celebrates 2021 with large crowds” The Chinese city of Wuhan — once the world’s epicenter of the COIVD-19 outbreak — saw large crowds taking to the streets to ring in the new year. Photos of the festivities show some revelers wearing masks and little to no social distancing as they released balloons into the…
“#Will Joe Biden take on our alarming China problem?” America has a China problem. And so do the Democrats and President-elect Joe Biden. While everyone worried about the Kremlin the past several years, Beijing ran wild. And it still is. Will the Biden administration do anything about it? Or will it be OK with Chinese…
“#Hong Kong media tycoon Jimmy Lai in jail after bail revoked” Hong Kong media tycoon Jimmy Lai was ordered back into custody on Thursday after the city’s highest court revoked his bail — and the pro-democracy activist could remain behind bars until February. Lai, 73, is the most high-profile person charged under Hong Kong’s national…