Archive for October 4th, 2017

A N Korean ship was seized off Egypt with a huge cache of weapons destined for a surprising buyer

04-Oct-2017 Intellasia | Washington Post | 6:00 AM

Last August, a secret message was passed from Washington to Cairo warning about a mysterious vessel steaming toward the Suez Canal. The bulk freighter named Jie Shun was [...]
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N Korea’s New Internet Link to Russia May Signal Fear of China Leaving Kim Jong Un in the Dark

04-Oct-2017 Intellasia | Newsweek | 6:00 AM

One of Russia’s leading telecommunications companies has reportedly secured a contract with one of the world’s most exclusive buyers: North Korea. TransTeleKom, a [...]
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PBoC Advisor: ‘China Was Right to Ban ICOs’

04-Oct-2017 Intellasia | Coindesk | 6:00 AM

An advisor to China’s central bank said he supports the recent government crackdown on domestic initial coin offerings (ICOs). As previously reported by CoinDesk, the [...]
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China accused of flooding Europe with cheap e-bikes

04-Oct-2017 Intellasia | Foxnews | 6:00 AM

China has been accused of flooding Europe with hundreds of thousands of cheap electric bicycles. Imports of Chinese e-bikes to Europe have increased from almost zero in 2010 [...]
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China is trying to juice its economy with even more debt

04-Oct-2017 Intellasia | CNN | 6:00 AM

China is planning to pump even more credit into its economy despite fears about its massive buildup of debt. The country’s central bank moved over the weekend to allow [...]
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Trump needs China on N Korea but he’s doing it wrong: Baucus & Hass

04-Oct-2017 Intellasia | USA Today | 6:00 AM

We write from experience with top Chinese officials. Threat wars make them skeptical. Climate negotiations are a model for bringing China on board. The Trump administration [...]
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As sanctions bite, N Korean workers leave Chinese border hub

04-Oct-2017 Intellasia | Reuters | 6:00 AM

North Korean workers have begun to leave the Chinese border city of Dandong, following the latest round of sanctions seeking to restrict Pyongyang’s ability to earn [...]
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China’s real reasons for enforcing N Korea sanctions: Trump, Party Congress

China’s real reasons for enforcing N Korea sanctions: Trump, Party Congress

04-Oct-2017 Intellasia | CNBC | 6:00 AM

Washington has praised the world’s second-largest economy for making progress in enforcing sanctions imposed on North Korea. But China’s current measures may just [...]
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Bowl sells for Chinese porcelain record $37.7 million: Sotheby’s

04-Oct-2017 Intellasia | AFP | 6:00 AM

A 1,000-year-old bowl from China’s Song Dynasty sold at auction for $37.7 million on Tuesday, breaking the record for Chinese porcelain, auction house Sotheby’s [...]
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Genworth to refile proposed deal with China company, says it’s ‘evaluating options’ on debt.

04-Oct-2017 Intellasia | Richmond | 6:00 AM

Henrico County-based insurer Genworth Financial Inc. is facing more regulatory hurdles and another delay in its proposed $2.7 billion acquisition by a China-based company. [...]
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How China and N Korea Are Helping The prime minister Keep Power In Japan

How China and N Korea Are Helping The prime minister Keep Power In Japan

04-Oct-2017 Intellasia | Forbes | 6:00 AM

Prime minister Shinzo Abe’s call last week for snap legislative elections in Japan should remove a longer-term threat to his party’s power. Abe’s Liberal [...]
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China Steers Credit to Small Business With Targeted Reserve Cut

04-Oct-2017 Intellasia | Bloomberg | 6:00 AM

China took action to ensure credit reaches small business, rural borrowers and startups, a move tailored to shore up the economy as a vital political transition approaches. [...]
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China’s northern cities face soot-free winter with gas revolution

04-Oct-2017 Intellasia | Reuters | 6:00 AM

As freezing winds whip across northern China this winter, Yao Guanghui is happy he’ll have one less chore to do: feeding the coal furnace that has long heated his small [...]
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Thirst for Yield Sees Japan’s Retail Army Plow Cash Into Turkey

04-Oct-2017 Intellasia | Bloomberg | 6:00 AM

Turkey has twin deficits, the fastest inflation in almost five years and is at risk of being dragged into another conflict in the Middle East. But Japan’s intrepid [...]
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Japan is poised to become the leading bitcoin market

04-Oct-2017 Intellasia | Yahoo Finance | 6:00 AM

September brought only bad news for bitcoin in China. First, China banned initial coin offerings (ICOs), a red-hot new method for blockchain-based startups to raise money in [...]
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