Beijing says it will improve its preparedness for military combat. In the background: heightened U.S. tensions. ( read original story …)
Monthly Archives For May 2020
National Business Daily: SW China’s Chengdu offers opportunities in building international consumption center
Southwest China’s Chengdu is to unveil 100 new scenes and 100 new products centering on consuming activities on Thursday, as part of the city’s effort to build itself into an international hub for … (…
China’s digital currency not set for launch as trials are ‘just routine’, central bank governor cools speculation
People’s Bank of China governor Yi Gang says ‘there’s no timetable for an official launch’ of the world’s first sovereign digital currency despite upcoming trials. ( read original story …)
China conducts fifth central bank bills swap in 2020
The People’s Bank of China, the central bank, conducted the fifth central bank bills swap (CBS) operation in 2020 Tuesday to improve the liquidity of perpetual bonds issued by commercial banks. The … ( read…
U.S. Nationalism Pits the Financial World Against China
Globalization means increased movement of people, physical goods and of financial capital across borders. All of it is under increasing stress. The free movement of people is being curtailed by … ( read original story…
China Yuchai International Announces Unaudited First Quarter 2020 Financial Results
PRNewswire/ — China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”), a leading automotive manufacturer and distributor of engines for on- and off-road applications in China … ( read original story …)
China and the U.S. need to talk on equal terms, says expert
Victor Gao, vice-president of Beijing-based think tank Center for China & Globalization, says U.S. pressure on the country is counterproductive, and the two sides need to instead talk on equal terms … ( read original…
China Telecom Voted as “No.1 Best Telecommunications Company in Asia” by FinanceAsia
China Telecom Corporation Limited (“China Telecom” or “the Company”; HKEx: 00728; NYSE: CHA) was voted by portfolio managers and analysts around the globe as “No.1 Best Telecommunications Company in … ( read original story …)
Covid-19 vaccines from China and the UK will be harder to test as infection rates drop: Expert
The Director General of the International Vaccine Institute, Jerome Kim, discusses the leading global candidates for a novel coronavirus vaccine and talks about the importance of international … ( read original story …)
China’s Xi Urges Preparedness for Military Combat Amid Coronavirus Epidemic: State TV
China’s performance in fighting the new coronavirus has shown the success of military reform, Xi was quoted as saying, adding that the armed forces should explore new ways of training amid the … ( read…
China’s Hong Kong law set to bar foreign judges from national security cases: sources
Beijing’s planned national security legislation for Hong Kong is set to block its foreign judges from handling national security trials, people familiar with the matter said, which would exacerbate … ( read original story …)
Exclusive: Cathay Pacific’s Brand Merger Hits Roadblock From China’s Aviation Regulator
China’s aviation regulator may make it difficult for Hong Kong’s Cathay Pacific Airways Ltd to merge regional arm Cathay Dragon into its main brand because of infractions during last year’s … ( read original story…
Ending the Dangerous U.S. Dependence on China
The pandemic makes clear that the U.S., and the West as a whole, cannot continue to depend on an authoritarian rival state for strategically important goods. ( read original story …)
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