Before coronavirus brought the world to its knees, 2020 was slated to be a crucial year for the European Union and China. ( read original story …)
Monthly Archives For May 2020
US national security officials and global health experts are increasingly concerned China will develop a coronavirus vaccine first
As President Donald Trump adopts an increasingly hard-line stance toward Beijing, the US could be at a disadvantage if China finds a vaccine first. ( read original story …)
Coronavirus Tensions: A Chinese Hawk Cautions Beijing On Taking Back Taiwan Now
Qiao Liang, a retired Chinese air force major general who normally takes a hawkish view about the country’s political issues, warned against Beijing’s objective to take back Taiwan. ( read original story …)
China spent years preparing for this economic crash, fearing political dangers
Senior Chinese officials concluded in a lengthy study that economic crises can lead to a reshuffling of the global balance of powers. ( read original story …)
Pinpointing China’s new plutonium reprocessing plant
China began construction on a new plutonium reprocessing facility. Until now, it’s exact location had not been publicly identified. ( read original story …)
Bank of China Tells Investors It Will Absorb Some Oil Losses
Bank of China Ltd. told clients it’s willing to shoulder part of the $1 billion loss suffered by thousands of retail investors after a product linked to the price of oil collapsed last month. (…
China’s Big Banks Are Weathering the Coronavirus Crisis—and May Even Keep Their Dividends
China’s strong backing of its largest lenders obscures an understanding of how they might perform under stricter market conditions, analysts say. In addition, the banks may cut their dividends but … ( read original story…
Coronavirus: China gets defensive during high-level EU event on fundraising and vaccine development
The European Union’s effort to raise new funds for developing and distributing Covid-19 vaccines has met with a cold shoulder from China, despite the bloc’s success in almost reaching its US$8 billion … ( read…
GOP Senator Abruptly Goes from China Cheerleader to Anti-Beijing Hawk
The shift comes right as the Republican Party is encouraging candidates to turn the COVID conversation away from Trump and on to China. ( read original story …)
Hong Kong IPOs Pick Up the Pace as China Restarts
Initial public offerings are picking up the pace in Hong Kong after two wildly successful biotech listings improved sentiment in the financial hub. ( read original story …)
Stocks Waver as China Tensions Climb
Stocks on Wall Street inched higher on Monday, following a drop in Europe and Asia, as investors remained on edge about the severity of the economic downturn. The S&P 500 was less than half a…
Former Hong Kong leaders launch pro-Beijing coalition
Beijing alliance to uphold China’s “one country, two systems” policy and work to revive the city’s economy following months of anti-government protests … ( read original story …)
Gap in AI chips between China and US may be larger than it seems
But competition could fracture a global research community as US and Chinese governments bid for local control of AI chips. ( read original story …)
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