Tag: China
Adidas launches Reebok sale; But Chinese labor row likely to pose...
German sporting goods maker Adidas has launched the sale of its Reebok brand in an auction.
But the move faces risks of being affected by...
US calls for G7 countries to unite and counter China’s economic...
Member nations of the intergovernmental organization Group of Seven (G7) are considering a US proposal to counter what the White House sees as China’s...
China’s TikTok places ByteDance CFO at its helm
Popular Chinese short video app TikTok has appointed Shou Zi Chew, a Singaporean national, as the new Chief Executive Officer.
Mr. Chew will retain close...
China brings new anti-fraud rules to stamp out financial scams
China has tightened its measures to curb financial scams with its new anti-fraud rules which aim to phase out frauds from cryptocurrency swindles to...
Huawei to take control of Chinese automaker; Eyes expansion into EVs
According to sources, Chinese multinational technology company Huawei is in talks to take ownership of a small domestic automaker's electric vehicle (EV) unit, in...
China successfully launches ‘Tianhe’, a core module for own space station
China has launched an unmanned module containing what is set to be the living quarters for three crew on a permanent space station that...
China discreetly threatens Alipay, WeChat Pay with digital yuan
In Shanghai, the commercial hub of China, six big state banks are quietly promoting digital yuan ahead of a May 5 shopping festival, carrying...
UAE’s buys a massive $17bn Treasury bills from US in Feb:...
The United Arab Emirates overtook China with its biggest Treasury-buying spree on record in February, one of the worst months for US debt markets...
