Athena Yenko

Athena Yenko

The Latest

  • Google In Talks With Tencent, Inspur Group In Bid To Go Back To China
    Google
    Google has reportedly opened discussions with Tencent and Inspur Group regarding the offering of its cloud services in China. If any of the deal comes into fruition, bringing its cloud services in the country would be a much safer move than the reported introduction of a censored version of Google search in China.
  • Huawei In Hot Waters In UK On Chinese Spying Concerns
    Huawei
    British officials had been growing concerns over Huawei’s use of an old software technology that can potentially expose U.K. consumers in cyber attacks by 2020. The reports came as Democratic candidates for the November midterms were also advised against using Huawei Devices.
  • China To Impose Tariffs On $60 Billion US Goods
    Made In USA
    China has threatened to impose tariffs on $60 billion of U.S. goods should the Trump administration proceed with its decision to imposed additional 25 percent on Chinese goods. Meanwhile, Chinese State Councilor Wang Yi met with U.S. Secretary of State Mike Pompeo on Aug. 3.
  • Heineken, China Resources Beer Strike $3.1 Billion Deal
    Heineken Beer
    Heineken strikes a $3.1 billion deal with China Resources Beer which is the maker of the country’s most favorite beer, the Snow beer. Analysts think the move was favorable for both parties.
  • China Loses Ranking As World’s Second Largest Stock Market
    China Stock Market
    Japan replaced China as the world’s second largest stock market in the world. Analyst believed that the ongoing US-China trade war is a big factor behind China’s slip to no. 2.
  • China Will Retaliate If US Implements 25 Percent Tariffs On $200 Billion Of Chinese Goods
    US President Donald Trump
    China vows retaliation should United States implement the reported additional 25 percent tariffs on as much as $200 billion Chinese goods. The Trump administration has continuously accused China of unfair trade practices, illegal technology transfer, and intellectual property theft.
  • Apple Becomes First US Company To Hit $1 Trillion Market Cap
    Tim Cook
    Apple broke a record on August 2 by becoming the first US company to cross the $1 trillion market valuation. Analysts have since been estimating that Apple’s valuation can reach even higher in the near future.
  • Elon Musk To Fund Tesla Gigafactory In China Through Local Bank Loan
    Elon Musk
    Tesla CEO Elon Musk surprised investors on Wednesday when he announced that the Tesla gigafactory in China will likely cost less than the factory in the United States. In fact, he said he will not be selling stocks to fund its construction.
  • Deadly Heat Wave Threatens China By The End Of This Century
    Heat Wave
    A study from the Massachusetts Institute of Technology in the United States found that North China Plain is at a grave threat of deadly heat waves that may happen by the latter part of this century. The area may cross its threshold of habitability several times within the identified period.
  • ASEAN, China Welcome South China Sea Draft Pact On Code of Conduct
    ASEAN Flags
    ASEAN and China welcomed a unified text that will form basis during talks on Code of Conduct in the South China Sea. China’s Foreign Minister Wang Yi described the development as a ‘good news’ for all concerned parties.
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