Over one million small enterprises will also benefit from wage subsidies as part of the project, it said. The loan is part of a $10 billion funding facility the AIIB has announced to help public…
Monthly Archives For May 2020
Travel disruptions, cost cutting key issues for U.S. business in China: report
Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the fallout of the COVID-19 epidemic, according to a report from … ( read…
China says wants ‘peaceful reunification’ with Taiwan
The head of China’s Taiwan Affairs Office said on Friday that “one country, two systems” and “peaceful reunification” is the best way to bring China and Taiwan together. ( read original story …)
As China’s factories feel economic blues, band of workers tell their story through rock music
Wang Zongxing hoped that opening a restaurant would lead to an easier life after 14 years of working long hours in Shenzhen’s factories, but serving the spicy noodles of his central China hometown was ……
The U.S.-China relationship was sick before Covid
China relationship on the brink of becoming another Covid victim? Bilateral ties are in a miserable state. Just this week, Mike Pompeo decertified Hong Kong as an autonomous city, and the U.S. is … (…
Twitter flags China spokesman’s tweet on COVID-19
Twitter has flagged a tweet written in March by a Chinese government spokesman that suggested the U.S. military brought the novel coronavirus to China, as the social media platform ramps up … ( read original…
Korea Cases Climb; India Death Toll Tops China: Virus Update
The death toll in India surpassed the number of lives lost in China, while Brazil’s cases hit another daily record as hot spots shift to developing countries ill-equipped to contain its spread. ( read original…
China is embracing a new brand of foreign policy. Here’s what ‘wolf warrior’ diplomacy means
There is a new brand of diplomacy taking hold in Beijing and its chief architects have a suitably fierce nickname to match their aggressive style — they are the “wolf … ( read original story…
China reports no new coronavirus cases for May 28
China reported no new confirmed coronavirus cases in the mainland as of the end of May 28, down from two a day earlier, the country’s health authority said on Friday. The National Health Commission ……
Trump’s China press conference could mark the end of his cautious approach to Beijing
With tensions over Hong Kong near a boiling point, Americans will get a chance to see if there’s a bite behind Trump’s China bark. ( read original story …)
Dollar in narrow range as focus shifts to Trump’s China response
The dollar was hemmed into a narrow trading range on Friday as traders’ focus shifted to U.S. President Donald Trump’s response to China’s passage of a national security law for Hong Kong. ( read original…
Trump Is Offering to Mediate in the India-China Border Dispute. Here’s What to Know About the Escalating Tensions
Tensions along the 2,000 mile stretch have been high for decades, with the Indian government reporting more than 1,000 mostly minor incursions by Chinese troops between 2016-18. But hostilities have … ( read original story…
U.S.-China tension to push Asian shares lower in choppy trade
Asian shares were set to dip in choppy trade on Friday as worries about worsening U.S.-China ties offset the fillip from hopes massive government stimulus can jump-start the world economy. ( read original story …)
