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Trump Ends Hong Kong’s Special Treatment China Vows to Retaliate

On July 15, U.S President Donald Trump ended the high degree of autonomy granted to Hong Kong by its former colony Britain in 1997 when the city attained its independence. Hong Kong was supposed to receive the special treatment for a period of 50 years after independence. Trump’s termination comes a week after China’s parliament […]

South Korea to Spend $94.6 Billion on Green Economy

South Korea will be spending 114.1 trillion won ($94.6 billion) in the next six years on green economy, a greater chunk of this investment will be directed into hydrogen cars and electric vehicles. During a speech, South Korea’s President Moon Jae-in said indeed the pandemic has revealed the need for much needed climatic changes further […]

BT CEO Caution Against Banning Huawei Too Fast

Chief Executive Officer of Britain based BT Group (LON: BT), Philip Jansen, has cautioned Britain government against moving too fast to ban embattled Chinese tech giant Huawei Technologies from engaging in setting up 5G infrastructures across the country. Jansen is of the opinion that being in a rush to ban Huawei might bring up some […]

Hong Kong Citizens Turn Out to Vote Against Controversial Security Bill

Less than a week after China’s parliament passed the controversial Hong Kong security bill, more than 500,000 Hong Kong citizens queued over the past weekend to vote against what they termed as a harsh bill directly being imposed on them by China. This unofficial election will decide the best suited pro-democracy candidates to contest in […]

Bilibili Eyeing a Secondary Listing in Hong Kong

China based video website Bilibili Inc. (BILI) has said that it is considering having a secondary listing in Hong Kong. Internal sources with direct knowledge on the matter made the revelation further saying renewed tensions between China and the United States is among the top reasons prompting the company make the move. Bilibili makes the […]

Amazon Injects $308 Million in Its India’s Unit

Online retailer Amazon Inc. (AMZN) has injected a total of 23.10 billion rupees ($308.02 million) in its India based unit known as Amazon Seller Services. The company says the cash is set to help attract more people into online shopping in the word’s second most populated country in this time when crowding is highly discouraged. […]

U.S Considering Banning Chinese Social Apps Says Pompeo

United States secretary of State Mike Pompeo confirmed that Trump’s administration is considering banning Chinese social media apps in the U.S at top of the list, is the controversial Chinese short video sharing app TikTok. “I don’t want to get out in front of the President Donald Trump, but it’s something we’re certainly looking at,” […]

Croatia Holds Elections Amidst Pandemic and Tough Economic Times

On 5 July the Republic of Croatia held its elections amidst the coronavirus pandemic also not withstanding new infections in the country are increasing rapidly. The elections also came at a time when the Croatian economy has been deeply plunging since global outbreak of the deadly virus. In earlier opinion polls, the ruling party Croatian […]

House of Representatives Passes Bill Sanctioning Chinese Banks

The lower house of the United States Congress also known as House of Representatives passed a bill on July 1 which would penalize banks for conducting any business with Chinese officials who were involved in implementing the national security law regarding Hong Kong. The controversial national security law had just been passed by Chinese regulators […]

Twitter Pulls Down Trump’s Image Tweet

Widely used social media network Twitter Inc. (TWTR) pulled down an image tweet posted by U.S President Donald Trump after receiving a copyright complaint from mass media company New York Times Co. (NYT). The tweet in question was posted by Trump on June 30 having his picture at the background and an attached meme reading […]