China is a victim of the global coronavirus pandemic and not the principal enemy of the United States, Beijing’s foreign ministry said Monday. ( read original story …)
Monthly Archives For April 2020
China Mobile Lost Almost 4 Million Subscribers in First Quarter
China Mobile Ltd.’s wireless user base shrank in the first quarter as the spread of the new coronavirus shut down China’s economy and prompted millions to cancel services at the country’s largest … ( read…
China Mobile Q1 customer numbers, revenues, profit off amid virus pandemic
Mobile ARPU advanced RMB 46.9 from 46.0 while wirelines ARPU declined to RMB 31.3 from 33.0. China Mobile said that amid the pandemic, its business transformation and upgrade, plus higher 5G-related … ( read original…
The White House stalls tariff payments for pandemic-battered firms while keeping taxes against China unchanged
Companies looking to utilize the 90-day delay must show “significant financial hardship” related to the COVID-19 outbreak, the Treasury said. ( read original story …)
China accused of discriminating against Africans as part of coronavirus fight
Ambassadors to Beijing and others say Africans have been harassed, denied basic services and even evicted despite adhering to mitigation guidelines. ( read original story …)
The Note: China comes into uneasy focus in early general-election skirmish
There’s political consensus, for the moment, about the potency of China as an election-year issue that stems directly from the COVID-19 crisis. ( read original story …)
‘Go to China if you want communism’: Anti-quarantine protester clashes with people in scrubs
You go to work. Why can’t I go to work?” yelled one protester as a man in scrubs and a mask stood firmly opposite her in downtown Denver. ( read original story …)
Exclusive: India’s stiffer foreign investment rules aimed at China to include Hong Kong – sources
India’s new rules to more closely scrutinise foreign investments from companies based in neighbouring countries will also apply to Hong Kong, two senior government sources told Reuters on Monday. ( read original story …)
BRIEF-Shenzhen Stock Exchange Filing Shows Block Trade Of Digital China Information Service’s Shares Involving 168.8 Mln Yuan
April 20 (Reuters) – Shenzhen Stock Exchange Filing Shows: * BLOCK TRADE OF DIGITAL CHINA INFORMATION SERVICE CO LTD’S 11.1 MILLION SHARES INVOLVING 168.8 MILLION YUAN ($23.86 million) ON APRIL 20 … ( read original…
Coronavirus: China owes Germany $162 bn in damages, tabloid says, angering Beijing
A German tabloid estimated that China owes Germany billions in coronavirus damages, prompting a war of words between the Chinese government and its editor. ( read original story …)
China’s top brokerage hires Vanguard ex-Asia boss for global drive
China’s Citic Securities Co. , has hired Charles Lin, the former Asia head of Vanguard Group, to be vice chairman of Hong Kong unit CLSA, as the biggest Chinese securities company seeks to build up…
Symphony to launch videoconference tool for finance executives homebound by Covid-19 pandemic and weary of Zoom’s security troubles
Symphony Communications Services, backed by some of the world’s largest financial institutions and Google, is to launch a video conferencing tool targeting finance executives homebound by the … ( read original story …)
Chinese cancer drug firm Akesobio’s US$330 million IPO – Hong Kong’s largest this year – is oversubscribed 639 times by city’s investors
The IPO is also Hong Kong’s largest so far this year, and is also its biggest in the broader health care sector after Pharmaron Beijing’s HK$5.3 billion flotation last November, according to Refinitiv … (…
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