[Source] The construction of a Chinese-owned corn mill in North Dakota will likely be halted after the U.S. Air Force flagged it as a “significant threat to national security.” Fufeng Group, an MSG and xanthan gum manufacturer based in Shandong province, China, previously bought 370 acres of farmland in Grand Forks through its American subsidiary. The city council approved the company’s $700 million proposal to build the mill last year, citing economic development success. However,… Source link
Read More »4 Chinese stocks & 2 Russian stocks a top fund manager is buying
4 Chinese stocks & 2 Russian stocks a top fund manager is buying | Asia Markets Home Stocks 4 Chinese stocks & 2 Russian stocks a top fund manager is buying Source link
Read More »Chinese Foreign Minister Qin Gang calls on Israel to stop worsening Palestine issue with provocation
Chinese Foreign Minister Qin Gang has called on Israel to refrain from provocations that could worsen the situation with Palestine, saying Beijing supports a fair and permanent solution to the issue. “China is deeply worried” about the recent escalation of tensions between Israel and Palestine, Qin said in the Egyptian capital Cairo – his last stop on a five-nation African tour and first overseas trip since taking office in December. “Israel should stop all incitement and provocation and avoid… Source link
Read More »I Think My Face Was Deepfaked Into a Chinese Camping Stove Ad
Lynn, who remains active on social media, thinks lack of education is a big issue. “Some people don’t even know that it’s not legal to use other people’s photos,” she said. “Most people say, ‘OK, I’m just gonna use this photo—it’s not a big deal.’ And if every case were taken seriously, it would take a lot of time.” A Legal Affair Often, when people think of deepfakes and synthetic media, they immediately jump to the adult film industry or politics, but these synthesizations… Source link
Read More »Why Alibaba, JD.com and other Chinese stocks are surging
E-commerce giant Alibaba (BABA) and other Chinese stocks rallied at the open on Wednesday amid easing regulatory concerns. Ant Group, an affiliate of Alibaba, received approval from regulators to raise $1.5 billion for its consumer finance unit. The move would make it easier for the fintech giant, of which Alibaba owns 33%, to restart any efforts towards a public offering. Plans for an Ant Group IPO were squashed by regulators in 2020. The fintech company operates one of China’s prominent… Source link
Read More »Arkansas’s secretary of state posts prank call of 2 Chinese restaurants to his Facebook
Arkansas Secretary of State John Thurston shared a video of a prank call involving two Chinese restaurants on his personal Facebook page last week. In a now-deleted post, the Republican official shared a video of a man calling two Chinese restaurants on separate phones to have the two workers speak to each other, reported the Arkansas Times. In the video, the man can be seen holding and facing the cell phones together so both of the restaurant workers think one is calling the other to place an… Source link
Read More »TikTok is ‘literally like a communications network’ for the Chinese Communist Party
TikTok has become enormously popular with teens and young adults globally, and one U.S. senator is sounding the alarm on the security risks that the Chinese-operated app poses to the general public. “My kids are now in their early 30s and late 20s, so I can’t completely regulate what they’re doing,” Sen. Mark Warner (D-VA) recently said on Yahoo Finance Live (video above). “But if I had young kids, I wouldn’t want them on TikTok.” Warner, a former technology and telecommunications executive… Source link
Read More »Manga Arabia signs agreement with malaysia’s Kadokawa Gempak Starz (KGS) to publish Arabic IPs in Malay and Chinese
DUBAI: The Dubai Business Women Council organized the “Women in Media” forum in collaboration with MBC Group, to discuss the role that media organizations can play in increasing the representation and accountability of women in media. The event is part of the council’s #DBWCFORUMS initiative, which includes a series of talks that aim to raise awareness about the challenges and opportunities for women in different industries. During the event, MBC Group and DBWC signed a… Source link
Read More »The ‘writing is on the wall’ for ‘Chimerica’ on U.S. stock exchanges as $318 billion of Chinese equity flees Wall Street
For months, federal regulators have increased pressure on Beijing and Chinese companies that trade on U.S. stock exchanges to comply with American listing rules. But on Friday, five of China’s biggest U.S.-listed, state-owned giants, valued at a collective $318 billion, announced they would exit Wall Street instead, marking an acceleration in the U.S.-China financial decoupling. State insurer China Life Insurance, energy behemoths PetroChina and China Petroleum & Chemical Corporation,… Source link
Read More »Chinese Homebuyers Across 22 Cities Refuse to Pay Mortgages
(Bloomberg) — Across China, homebuyers are refusing to pay mortgages as property developers drag on construction projects, escalating the country’s real estate crisis and risks of bad debt for banks. Most Read from Bloomberg Buyers of 35 projects across 22 cities have decided to stop paying mortgages as of July 12 due to project delays and a drop in real estate prices, Citigroup Inc. analysts led by Griffin Chan wrote in a research report distributed on Wednesday. The payment refusals… Source link
Read More »