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Xi Jinping's Mouthpiece Trolls US After China Vows 'Resolute Measures' Against Biden's Tariff Hike: 'What Doesn't Kill You Makes You Stronger'
Wednesday, May 15, 2024 - 8:16am | 645The Chinese government has strongly condemned the Biden administration for increasing tariffs on a range of Chinese imports, vowing to retaliate, although specific measures have not yet been disclosed. What Happened: China has criticized the additional tariffs as “political manipulation,...
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Elon Musk's Twitter Equates NPR With Russia's RT, China's Xinhua With 'State-Affiliated' Label
Thursday, April 6, 2023 - 4:49am | 537Billionaire Elon Musk owned Twitter Inc on Tuesday compared NPR with Russia’s RT and China’s Xinhua, both of which have been labeled as “state-affiliated media” by the social-media giant. What Happened: Twitter placed a label on NPR's Twitter...
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JD.com Makes Drone Deliveries In China As Covid-19 Virus Paralyzes Country
Wednesday, February 12, 2020 - 10:54am | 324Chinese Internet company JD.Com Inc (NASDAQ: JD) is using drones to deliver goods to customers in China at a time when the country is virtually shut down to prevent further spread of the Covid-19 coronavirus. Apart from mobilizing resources to provide immediate support for anti-virus fight, the...
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Asia Stocks Drop As Death Toll From Coronavirus Continues To Rise, Companies Hold Back
Tuesday, January 28, 2020 - 3:39am | 572Markets in Asia Pacific continued to trade lower on Tuesday, as the novel Coronavirus continues to claim victims in the Hubei province of China. What Happened The death toll from the virus rose to 106, with over 4,515 cases being confirmed by the end of Monday, according to the official numbers of...
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China Extends Lunar Holiday, Hong Kong Bans Travel From Wuhan As Death Toll From Coronavirus Rises To 80
Monday, January 27, 2020 - 2:51am | 328China is extending the Lunar New Year holiday to February 2, Sunday, as it seeks to curtail the spread of the novel coronavirus through the country. Stock Market Likely To Extend Leave The week-long holiday that began last Friday was set to end this Thursday. Educational institutes will remain...
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China Expected To Grow 6.7% In Q2, Leading Local Think Tanks Says
Monday, May 9, 2016 - 4:13pm | 254The Chinese economy is expected to grow another 6.7 percent in the second quarter of the year – same as in the first three-month period, state news agency Xinhua stated on Monday, citing the State Information Center, one of the country’s leading think tanks. The institution, affiliated...
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Elon Musk: Localized Telsa Production Is Coming In China, And Soon
Friday, March 27, 2015 - 11:31am | 249Tesla Motors Inc (NASDAQ: TSLA) will localize both engineering and production in China within three years, according to a report on Shanghai Daily. On Friday, Tesla CEO Elon Musk told Xinhua, "We have a strong long-term commitment to China, and we tend to establish both local production...
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Alibaba Winning Red Envelope War; Lucky Money Campaign Draws More Than $650 Million
Wednesday, February 25, 2015 - 1:53pm | 175Alibaba Group Holding Ltd’s (NYSE: BABA) e-payment system, Alipay, informs that more than 100 million people sent gift money via mobile apps during the Chinese Lunar New Year holiday. In the context of Alibaba’s Lucky Money campaign, Alipay processed more than 4 billion yuan ($652...
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Benzinga Market Primer, Monday, December 17
Monday, December 17, 2012 - 7:14am | 733Futures Flat on Fiscal Cliff Deal Hopes U.S. equity futures were flat in early pre-market trading as politicians continue to work towards a deal in resolving the Fiscal Cliff. Over the weekend, House Majority Leader Boehner reportedly proposed a bill that included tax hikes for the rich. However,...