China’s central bank said on Sunday it will step up counter-cyclical adjustments to support the economy and make monetary policy more flexible to fend off financial risks. ( read original story …)
Monthly Archives For May 2020
Virus cases rise in China, South Korea; Obama bashes Trump
Both China and South Korea reported new spikes in coronavirus cases on Sunday, setting off fresh concerns in countries where local outbreaks had been in dramatic decline. ( read original story …)
Virus case rise in China, South Korea, Obama bashes Trump
Both China and South Korea reported new spikes in coronavirus cases on Sunday, setting off fresh concerns in countries where local outbreaks had been in dramatic decline. ( read original story …)
China central bank to step up counter-cyclical adjustments, deepen lending rate reforms
China’s central bank said on Sunday it will make prudent monetary policy more flexible and step up counter-cyclical adjustments to support the real economy and fend off financial risks. ( read original story …)
Asia Today: South Korea, China report rise in infections
South Korea on Sunday reported 34 additional cases of the coronavirus amid a spate of infections linked to clubgoers, as President Moon Jae-in urged calm saying … ( read original story …)
WHO denies coronavirus cover-up phone call between Xi Jinping and Dr. Tedros
The World Health Organization denied a report that said Chinese President Xi Jinping pressured WHO Director-General Tedros Adhanom Ghebreyesus to conceal the truth about the coronavirus outbreak in a … ( read original story …)
China’s Animal Crossing gamers use code words, middlemen to enter virtual world
New Horizons are paying a premium on foreign consoles and finding ways to skirt limits imposed by local regulators on a game that has become both a breakout worldwide hit and political flashpoint. ( read…
Will Rising Anti-China Sentiment in the U.S. Impact Israel’s Growing Ties with Beijing?
Unarguably, Israel, a small country, must be able to freely navigate a complex international order in a way it sees fit, while taking serious and meaningful steps to heed US concerns. ( read original story…
China issues rules for online bank lending
China’s banking and insurance regulator on Saturday issued draft rules on commercial banks’ online lending business, banning the use of such loans for riskier investments and capping banks’ online … ( read original story …)
As China-US Relations Sour, Could The Revamp Of P2P Lending Serve As An Alternative Investment Vehicle?
As tensions escalate between China and the US, some investors are looking for alternative investments to offset bearish trends. Markets have yet to recover from the fallout of COVID-19, and a Reuters … ( read…
Kingsoft Cloud Jumps in First Big U.S. IPO Since Luckin Fall
Kingsoft Cloud Holdings Ltd. rose 40% in the first major trading debut by a Chinese company since the accounting scandal at Luckin Coffee Inc. ( read original story …)
China reports 14 new coronavirus cases, high-risk area resurfaces
China’s National Health Commission reported 14 new confirmed coronavirus cases on May 9, the highest number since April 28 and up from only one case a day earlier, according to data published on … (…
China’s coal mining industry embraces 5G technologies
The 5G network in Yangquan’s subsidiary, Xinyuan, is the country’s first commercial 5G service under a coal mine shaft. It is built in partnership with China Mobile and Huawei. Wang Haigang, deputy … ( read…
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