Shanghai students in their final year of middle and high school returned to classrooms, while only high-school seniors in Beijing were allowed back on campus to prepare for the all-important “gaokao” … ( read original…
Monthly Archives For April 2020
Coronavirus latest: China industrial profit plunges 35% in March
China reported no new deaths linked to the virus. National Australia Bank is raising $2.2bn in capital and slashing dividends. The US has recorded its lowest daily death toll in three weeks. ( read original…
US firm, FAW to build sports cars under Chairman Mao’s favoured brand Hongqi
A little-known U.S.-based engineering and design firm said it plans to invest 10 billion yuan ($1.41 billion) to make sports cars with China’s FAW Group under the brand of choice of late revolutionary … (…
China’s Zhou Dongyu on Redefining Sexy for Victoria’s Secret
The new face of China for the lingerie retailer speaks up on self-recognition, defying stereotypes and life under lockdown with her family. ( read original story …)
Zhang Zhehan arrives at a Beijing airport with wild hair
Chinese actor Zhang Zhehan arrives at a Beijing airport before departure in Beijing, China, 24 April 2020. To catch a flight, he didn‘t have time to comb his hair. ( read original story …)
Back to school in China as lockdowns start to ease
Children in China’s two most important cities went back to school Monday after more than three months at home, as coronavirus restrictions eased and governments around the world began charting a path … ( read…
Asia Today: China warns Australia probe may set off backlash
China’s ambassador reportedly is warning the Australian government its pursuit of a coronavirus inquiry could set off a boycott by Chinese consumers, who may no longer travel … ( read original story …)
Newly revealed financial records show Trump owes millions to state-owned bank in China: report
Trump claims China would “own” the U.S. if Biden wins, but he’s on the hook for millions — and the due date is 2022 … ( read original story …)
China Firms Halt Dividends, Sell Equity to Ride Out Pandemic
In this era of pandemic uncertainty, Chinese and Hong Kong-listed firms have come to one consensus on how to best survive it: sit on their wallets and preserve cash.They are retaining profits instead … (…
China Industrial Firms’ March Profits Fall 34.9% Year-On-Year
March, industrial firms’ profits fell 36.7% on an annual basis to 781.45 billion yuan. Liabilities at industrial firms rose 5.4% on year at end-March, versus a 5.3% increase as of end-February. The … ( read…
China’s industrial firms’ profits contract in March but at slower pace
Profits at China’s industrial firms fell in March although at a slower pace than in the first two months, with many sectors seeing significant declines, suggesting the economy is still struggling to … ( read…
‘ What is needed is global cooperation’: Marise Payne slaps down Beijing’s boycott threat
The Chinese ambassador to Australia labelled Prime Minister Scott Morrison’s push for an inquiry as “dangerous”. ( read original story …)
Starbucks says in partnership with Sequoia Capital China for investments
Starbucks on Monday said it has entered a strategic partnership with investment firm Sequoia Capital China that will see the two companies make strategic co-investments in China’s technology sector. ( read original story …)
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