Attacks on China by both political parties risk unnecessarily turning China into an enemy, which will ultimately harm our own interests. ( read original story …)
Monthly Archives For May 2020
Asia shares down on week as U.S.-China tensions rattle sentiment
Asian stocks edged up on Friday but were on course to end the week lower as deteriorating U.S.-China relations add to uncertainties over how fast economies can recover as they start to emerge from ……
Stocks decline amid China tensions, plunge in retail sales
Stocks fell in volatile trading Friday as Wall Street wrapped up its worst weekly performance since late March. Investors grappled with a slew of economic reports as well as increasing tensions … ( read original…
Post-Pandemic, Americans Souring On ‘Made In China’
Post-pandemic, you’re going to have a simmering pool of forces – companies that are going to look at the risk of being reliant on China, or being seen as making everything there. For consumers, that…
Taiwan’s TSMC keeps eye on China with $12 billion U.S. plant
In a race to position itself in the latest trade battle between the United States and China, Taiwan Semiconductor Manufacturing Co Ltd made it just under the wire. ( read original story …)
Australia Vows to Stand Its Ground As China Piles Economic Pressure Over Pandemic Probe
Beijing suspended beef imports after Prime Minister Scott Morrison called for an inquiry into coronavirus origins. ( read original story …)
Wuhan pledges to test all 11 million residents as China works to avoid second wave
State-run TV showed images of people being tested and said officials would aim to carry on screening for 10 days. ( read original story …)
Trump expresses anger that his China trade deal is off to a rocky start, but he lacks obvious remedies
President Trump may be irritated with China’s failure to buy more American products as required under the trade deal he celebrated at a White House ceremony in January. But he doesn’t seem prepared to ……
Photos Show Long Lines in Wuhan as China Aims to Test All 11 Million Residents For Coronavirus in Just 10 Days
Temporary testing stations have appeared around Wuhan in response to six new coronavirus cases, China plans to test almost the entire city in two weeks … ( read original story …)
Nike has reopened almost all stores in China and South Korea
Nike has announced that 100% of its company-owned stores and over 95% of its partner stores in China and South Korea are open — though some are operating on reduced hours. ( read original story…
Dow drops 200 points on record retail-sales decline, escalating US-China tensions
Consumer spending plummeted an unprecedented 16.4% in April, nearly double the previous record set in March. ( read original story …)
Logan Property pays US$1.63 billion to refresh Shenzhen’s real estate price record with furious bidding in Qianhai district
Developers are rushing into Shenzhen, ahead of stimulus measures and incentives expected next week during China’s legislative meetings to spur the development of the Greater Bay Area, of which … ( read original story …)
China’s commercial satellite sector sees boost from ‘new infrastructure’ policy
China’s commercial satellite sector is expecting to see a boost after satellite internet was added to a list of “new infrastructures” to receive government support. ( read original story …)