Jaguar Land Rover has agreed a £560 million loan with five Chinese banks but is still understood to be seeking support from the British government.The car maker’s Chinese subsidiary has signed a … ( read…
Monthly Archives For June 2020
China Central Bank Drains Net $63 Billion Yuan on Week, Biggest Since Mid-Feb
The People’s Bank of China (PBOC) said in a statement Friday’s fund injection was to counteract the impact from factors including maturing reverse repos and financial institutions’ reserve requirement … ( read original story …)
Trump threatens EU, China tariffs over lobster duties
President Donald Trump threatened Friday to impose tariffs against the European Union and China in retaliation for duties imposed on imports of US lobster. At a meeting with fisheries representatives … ( read original story…
Chinese cancer test provider Burning Rock Biotech sets terms for $196 million US IPO
Burning Rock Biotech, which provides DNA sequencing-based cancer therapy selection tests in China, announced terms for its IPO on Friday. The company plans to raise an additional $25 million in a … ( read original…
Trump touts racial equality while referring to COVID-19 as ‘China plague’
The president again referred to the “China plague” on Friday, this time while talking about how strong the economy was before the pandemic. ( read original story …)
Genius Brands Names Margaret Loesch Executive Chair, David Neuman Chief Creative Officer Of New Kids’ Streamer Kartoon Channel
Genius Brands International has named Margaret Loesch, longtime entertainment exec and former CEO of Fox Kids Networks Worldwide, as executive chair of Kartoon Channel!, the new kids’ … ( read original story …)
China warns the UK of ‘substantial damage’ to its economy if refuses to back down on Hong Kong
A comment piece in The Global Times, a state-controlled newspaper, said the UK had the most to fear from a clash with China over Hong Kong. ( read original story …)
Donald Trump touts racial equality while referring to COVID-19 as ‘China plague’
The president again referred to the “China plague” on Friday, this time while talking about how strong the economy was before the pandemic. ( read original story …)
Big China News From Beyond Meat- But Its Not What You Think
The ‘deal’ is nothing more than a test in a few locations for less than a week. Prior tests with Yum China have a history of leading to no follow-through. The i … ( read…
Beijing’s change of heart on street vendors sparks stock market frenzy as traders predict surging demand for vans, kitchenware, umbrellas
China’s street vendors are officially flavour of the month, and the share prices of related companies reflect their new-found status.A policy U-turn by the Chinese government to support the tiny … ( read original story…
Beijing city govt to further cut COVID-19 emergency response level
Beijing’s municipal government said on Friday it will lower its COVID-19 emergency response from level II to level III effective from Saturday, state media reported. The change removes quarantine … ( read original story …)
Punish China over Hong Kong? Why Trump may pull his punches.
Even before Beijing’s clampdown on Hong Kong, China-bashing had become increasingly popular in the U.S. But the election year limits Trump’s options. ( read original story …)
China and India Try to Ease Tensions at Disputed Border
China and India are elevating talks between military leaders to try to calm tensions along their disputed borders in the Himalayan mountains. ( read original story …)