Chinese state banks have poured billions into the continent as part of the belt and road scheme, but it is unclear how Beijing will respond to calls for debt relief amid the Covid-19 downturn. (…
Monthly Archives For May 2020
How Crypto Innovator Alex Mashinsky Challenges Fed Monetary Policy
That is the audacity, the stealing in the U.S. economy – a lot of people don’t understand the ‘invisible hand’ that is emptying our pockets. The history books will show how this is 2008 all…
Introducing Beijing Enterprises Medical and Health Industry Group (HKG:2389), The Stock That Tanked 84%
Spare a thought for those who held Beijing Enterprises Medical and Health Industry Group Limited (HKG:2389) for five whole years – as the share price tanked 84%. We also note that the stock has ……
Huaxia Bank reports profit growth
BEIJING, May 5 (Xinhua) — Huaxia Bank, a medium-sized Chinese lender, saw stable growth in both profit and revenue in the first quarter. The lender’s profit in the period rose 6.03 percent year on ……
China Friendship Costs Andrew Forrest $900 Million In A Week
Being a friend of China during a pandemic is proving to be a costly experience for one of Australia’s richest people. ( read original story …)
China’s foray into digital currency could spark wider acceptance for crypto
While this makes China the first country formalising digital currency—Bitcoin alternatives have existed for long now—it also sounds the bugle for other central banks to join the race. ( read original story …)
Stocks Waver as China Tensions Climb: Live Updates
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…
China reports one new coronavirus case in mainland
China reported one new coronavirus case for May 4, down from three the day before, data from the national health authority showed on Tuesday. ( read original story …)
Exclusive: Internal Chinese report warns Beijing faces Tiananmen-like global backlash over virus – sources
An internal Chinese report warns that Beijing faces a rising wave of hostility in the wake of the coronavirus outbreak that could tip relations with the United States into confrontation, people … ( read original…
A Chinese woman uses her phone in Beijing, China
A Chinese woman uses her phone next to a mobile police command bus as the government announced the Covid-19 threat is basically over in Beijing on Monday, May 4, 2020. China’s capital lowered its ……
China’s banned Sun lodges appeal with Swiss federal court: report
Banned Chinese swimmer Sun Yang has lodged an appeal at the Swiss federal court in a bid to overturn his eight-year suspension for doping, the Swimming World website reported on Tuesday. ( read original story…
China’s Kingsoft sets terms for U.S. listing, first major IPO since coronavirus crisis
China’s Kingsoft Cloud Holdings Ltd KC.O said on Monday it aims to sell up to $450 million in stock in a U.S. initia … ( read original story …)
Trump’s anti-China rhetoric aimed at boosting US leverage
The Trump administration is making ever louder pronouncements casting blame on China for the COVID-19 pandemic, aiming to sidestep domestic criticism of the … ( read original story …)
