French President Emmanuel Macron has told Chinese counterpart Xi Jinping he is following events in Hong Kong closely and continues to back the “one country, two systems” principle for Beijing’s rule … ( read original…
Monthly Archives For June 2020
China warns against travel to Australia, citing discrimination
Reuters China advised the public to avoid traveling to Australia on Friday, citing racial discrimination and violence in connection with the coronavirus pandemic. “There has been an alarming increase … ( read original story …)
China’s Headstart to Recovery Creates Rare Aluminum Trade
China’s race to restore normality has opened up a rare opportunity to profit from shipping aluminum into the country, which is typically burdened by excess supply of the metal.The theoretical margin … ( read original…
India, China military commanders meeting on frontier dispute
Indian and Chinese military commanders are meeting at a Himalayan border post to try to resolve a bitter standoff along their disputed frontier where thousands of troops on both sides are facing off … (…
In the Fight Against Coronavirus in Africa, America Must Not Bail Out China
As governments dip deeply into their reserves for all available resources, some are faced with a devastating reality: billions of dollars in high-interest debt to China. These debts come as a … ( read original…
China targets land grabs, forced evictions in new law
Farmers in China have faced forced evictions and illicit land grabs for decades — sources of social unrest that the government is finally trying to address in a major shake-up of its property law. Mi…
China urges citizens to shun Australia as dispute simmers
China is advising its citizens not to visit Australia, citing racial discrimination and violence against Asians, in what appears to be Beijing’s latest attempt to punish the … ( read original story …)
China c.bank drains net $63 bln yuan on week, biggest since mid-Feb
China’s central bank injected 150 billion yuan ($21.10 billion) into the banking system on Friday through seven-day reverse repurchase agreements, while keeping the interest rate unchanged at 2.20%. ( read original story …)
China reports three new COVID-19 cases, two asymptomatic cases
All of the cases were imported, involving travellers arriving from abroad, the National Health Commission (NHC) said on its website. The total number of infections in China, where the virus first … ( read original…
360 Finance’s Affiliate Acquires 30% Stake in Kincheng Bank of Tianjin
Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a leading digital consumer finance platform, today announced that 360 Group, one of its affiliates, acquired a 30% stake in Kincheng Bank … ( read original…
Bow to Beijing a low move by HSBC
Luckily for HSBC, it’s headquartered in Britain: a country where you can say what you like about Boris Johnson and his shambolic handling of the pandemic. One, too, where the government does not force ……
Coronavirus live news: China warns of Covid-linked ‘racial violence’ overseas
Beijing warns citizens against travel to Australia; UK is second country to pass 40,000 Covid-19 deaths; Sweden has 1,000 new cases for third day running … ( read original story …)
Trump targets EU and China over US lobster tariffs
Mr Trump also ordered Peter Navarro, the White House trade adviser, to identify Chinese products to target for potential tariffs if China did not lower its duties on US lobsters. “Peter Navarro is … (…