UBS Group AG’s David Chin wants to double the size of his China investment-bank team. Morgan Stanley’s Wei Sun Christianson plans to build a brokerage business from scratch. And Todd Leland at Goldman … (…
Monthly Archives For April 2020
Inside China’s Plan to Power Global Blockchain Adoption
China is about to launch its national blockchain platform, part of Beijing’s grand strategy to lead the digital transformation of the world economy. ( read original story …)
Beijing’s pandemic response is China’s ‘Chornobyl moment,’ critics say
China is getting its own “Chornobyl moment” due to Beijing’s attempts to hide and distort key scientific data on the COVID-19 pandemic and its crackdown on whistleblowers questioning the government’s … ( read original story…
Behind Bloomberg News’ campaign to silence its own journalists for reporting on China corruption
It’s a story that spans decades, exposes corrupt Chinese politicians and shows the lengths Bloomberg L.P. will go to protect its profit. It begins in China when a team of hard-nosed journalists at … ( read…
Beijing Capital Land: Not A Buy Despite Attractive Valuations
Beijing Capital Land’s net gearing of 154.4% as of end-FY2019 is high on both an absolute and relative basis, implying significant credit risks. Beijing Capital … ( read original story …)
McDonald’s issues apology after China restaurant bans black people
The sign, which was posted in a Guangzhou McDonald’s, was removed and the restaurant temporarily shut down, a representative from McDonald’s said. ( read original story …)
Search for a COVID-19 vaccine heats up in China, US
Three potential COVID-19 vaccines are making fast progress in early-stage testing in volunteers in China and the U.S., but it’s still a long road to prove if they’ll really work … ( read original story…
South Africa coronavirus cases rise to 2,415, China donates equipment
South Africa’s health minister on Tuesday reported a rise in coronavirus cases of 143 over the past day, taking the total to 2,415. Health Minister Zwelini Mkhize provided no update on the number of ……
Policy Experts Blast China’s Coronavirus Coverup: ‘Chernobyl Moment’
Continued autocratic one-party rule in the People’s Republic of China has endangered everyone,” they wrote in an open letter. ( read original story …)
Global stocks gain on China trade data, easing pandemic worries
Equity markets rallied globally and the dollar weakened on Tuesday as better-than-expected Chinese trade data suggested the threat of a much deeper downtown from the coronavirus had been overstated, … ( read original story …)
ZTE wins a chunk of China Mobile’s 5G core work
Chinese kit vendor ZTE has won the bid for a bunch of work on the standalone 5G core of China Mobile. Any deal win with China Mobile is significant as it’s the world’s largest mobile…
‘I’ve never seen it so quiet’: Chinatown restaurateurs face financial ruin
Eateries across the state, like China King, are suffering under necessary distancing guidelines and barely staving off financial ruin during COVID-19. In response, restaurateurs have implemented … ( read original story …)
COVID-19: China shows signs of business recovery as all 2,000 Volkswagen brand dealerships reopen
Volkswagen Group has stated that its operations in China are ‘showing clear signs of business recovery’ with all 2,000 VW brand dealerships now open again. Image Credit: Supplied The coronavirus … ( read original story…