Image source: Google screenshot

1.CCP serves up pig-backed loans for its farmers. About one-third of 26mn Chinese Hogtied farms are small family-style ones. According to CCP/s Bureau of statistics, total number of pigs in China has been reduced by about 20% compared to the end of 2017. However, CCP now is urged its banks to find a solution.

2.Bed Scrunchie inventors fight to protect their intellectual property against Chinese sellers on Amazon. After designing the product and obtaining 4 US patents, months later Jack Nekhala and Michael Nusinkis, inventors of Bed Scrunchie, began selling their product on Amazon. Soon after Bed Scrunchie became a bestseller on Amazon, so did copycats in China. Nekhala commented “Amazon has the power to fix it, but has yet to do anything about it”

3.HSBC Shares fall to 25-year low on China fears. The bank’s HK shares slid below their closing low for march 2009, closing at HK$29.3, which plunged 52% this year. A recent report reveals that HSBC may sere oligarchs, criminals and terrorists and helps them money laundering.

4.Global stock slide as Europe record thousands of new CCP virus cases. Germany’s DAX fell 2.5%, Britain’s FTSE 100 fell 2.9%, and the Euro Stoxx 50 fell 2.3%. The euro fell 0.2 against the dollar on Monday.

5.CCP Central Commission for Discipline Inspection published an article in its official website to support TikTok, praising it is a good company which never gives data to CCP. In the article Central Commission taunted Oracle is not capable to do business in China

By:【G Translator / Financial and Law Team】