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China's rare-earth exports drop by 44% in July amid pandemic


China witnessed a steep decline in rare earths exports in July as the global epidemic resulted in weak demand.


'BeiDou apps' downloaded millions of time even though they're unnecessary

In a blind love to homegrown tech, Chinese iPhone users are downloading apps purporting to offer homegrown BeiDou Navigation System (BDS). The apps have zoomed up the download ranking on Apple's App Store China, even as experts say the apps have no connection with the BDS.
Source: Global Times | 2020/8/8 18:11:00

TikTok owner vows to sue over crackdown by 'modern-day pirate'

In a white-knuckle move that has led analysts to label him a modern-day pirate, US President Donald Trump issued an executive order on Thursday blocking all US deals with TikTok's Chinese parent ByteDance after 45 days, even as Microsoft is in talks to secure a deal for the hugely popular video-sharing app in the US.
Source: Global Times | 2020/8/7 15:52:30

TikTok, an app that has melted the hearts of young Americans, is banned from the American cultural melting pot

"I'm not perfect," Charli D'amelio, a 16-year-old girl from Connecticut told host Jimmy Fallon with a confident smile on The Tonight Show, "but I accept myself."
Source: Global Times | 2020/8/8 13:35:56

Counterfeit masks were never exported to Canada: Chinese embassy

China's Embassy to Canada on Saturday asked Canada's health department to correct an advisory stating that a Shanghai-based masks supplier was selling counterfeit N95 masks in Canada, after an investigation showed the supplier's masks had not been exported to Canada.
Source: Global Times | 2020/8/8 12:08:05

China's first ISO-containerized P2+ mobile lab delivered in Shanghai to combat COVID-19

China's first ISO-containerized biosafety level 2 plus mobile nucleic acid testing laboratory was officially delivered at Shanghai Pudong Airport on Friday. It can save two hours as samples will not need to be sent to labs downtown, according to the Science and Technology Commission of Shanghai on Friday.
Source: Global Times | 2020/8/8 5:03:40

Huawei shipments set to drop due to lack of Kirin chip supply

Huawei's Kirin chips cannot be produced after September, and the company's chips are currently out of stock, a Huawei executive said on Friday.
Source: Global Times | 2020/8/7 21:15:37

Vaccine stocks pick up after recent drop

Shares in vaccines picked up in afternoon trading on Friday after recent drops, with COVID-19 vaccine stocks leading the drop. Analysts said the turbulence came after the adjustment of the market following the recent gains for vaccine stocks.
Source: Global Times | 2020/8/7 20:37:47

China's rare-earth exports drop by 44% in July amid pandemic

China witnessed a steep decline in rare earths exports in July as the global epidemic resulted in weak demand.
Source: Global Times | 2020/8/7 11:40:25

US' rising tech war targets WeChat

US President Donald Trump issued an executive order on Thursday that prohibits, beginning 45 days after the date of the order, to the extent permitted under applicable law, any transaction that is related to WeChat by any person, or with respect to any property, subject to the jurisdiction of the US, with Tencent Holdings.
Source: Global Times | 2020/8/7 17:08:55

ByteDance threatens to sue US govt over TikTok ban

ByteDance threatens to sue US govt over TikTok ban
Source: Global Times | 2020/8/7 16:46:12

China's exports, imports improve in July, but trade with US down

China saw sustained improvement in its exports and imports in July supported by recovering demand at home and abroad, despite lingering external risks, signaling an overall stable trade in the second half of the year, exports said on Friday.
Source: Global Times | 2020/8/7 15:15:50

HSBC Bank China fined 530,000 yuan for seeking customers' credit info, further damaging reputation

HSBC Bank (China) and its bank directors have been fined by the Shanghai Head Office of the People's Bank of China, the country's central bank, on Tuesday, as the bank inquired about customers' personal credit information without acquiring customers' permission.
Source: Global Times | 2020/8/6 23:15:51

China's soybean imports increased 17.7% in Jan-July

China's soybean imports increased 17.7% in Jan-July
Source: Global Times | 2020/8/7 11:32:28