China is doubling down on fighting the coronavirus pandemic and creating jobs as the number of people thrown out of work soars worldwide … ( read original story …)
Monthly Archives For May 2020
China drops GDP goal as parliament opens, virus slams economy
China dropped its annual growth target for the first time on Friday and pledged more government spending as the COVID-19 pandemic hammers the world’s second-biggest economy, setting a sombre tone to … ( read original…
Hang Seng Index drops more than 5% as tensions flare up again between China and the west
Hong Kong’s Hang Seng Index dropped more than 5% Friday after news broke that Beijing would move to pass a hugely controversial national security law for the Asian financial hub. ( read original story …)
Hong Kong Stocks Tumble on China Crackdown Worries: Live Business Updates
Hong Kong stocks fell by more than 4 percent in early Friday trading after Chinese leaders announced their plans to tighten their grip over the territory and to boost government spending to battle the ……
Ethics question raised over transportation secretary’s ties to family business and China
New reporting from The New York Times is taking a look at Transportation Secretary Elaine Chao’s connections to China, through her family business. New York Times investigative reporter Eric Lipton … ( read original story…
China Foods (HKG:506) Seems To Use Debt Quite Sensibly
Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ So it might be obvious that you need … ( read original story …)
Coronavirus Live Updates: Pandemic Hovers Over China’s Legislative Pageant
Amid the pomp and propaganda in Beijing, the virus is weighing on President Xi Jinping’s efforts to restart the Chinese economy and show the world that his government has tamed the epidemic. ( read original…
Beijing Scraps GDP Target, a Bad Sign for World Reliant on China Growth
China broke with more than a quarter-century of tradition by eschewing an economic growth target for 2020, a stark acknowledgment of the challenges facing the world’s second-largest economy as it … ( read original story…
China Extends Relief for Trillions of Yuan in Bank Loans
China’s government is extending loan relief measures for the nation’s smaller businesses by nine months, giving further reprieve to trillions of yuan of troubled loans. ( read original story …)
China Communist Party has published a new book on cryptocurrencies
China’s Central Party School of the Communist Party has published a book on cryptocurrencies. The book is about the nature and the future of digital currencies. It also explores the risks arising from … (…
China threatens to sanction Rep. Chris Smith for taking on Beijing in the age of COVID-19
New Jersey Rep. Chris Smith, Republican member of the House Foreign Relations Committee, joins Laura Ingraham with insight on ‘The Ingraham Angle.’ … ( read original story …)
Hong Kong stocks drop more than 3% as tensions flare up again between China and the west
Hong Kong’s Hang Seng Index dropped more than 3% Friday after news broke that Beijing would move to pass a hugely controversial national security law for the Asian financial hub. ( read original story …)
China to boost defense spending by lowest rate in years
China will boost defense spending by just 6.6% in 2020, the lowest rate in years as it battles an economic crisis brought on by the coronavirus outbreak. The figure announced Friday is down from the…
