China’s central bank on Sunday pumped cash into the banking system via reverse repos to maintain liquidity. The People’s Bank of China injected 100 billion yuan (about 14.17 billion U.S. dollars) into … ( read…
Monthly Archives For June 2020
China industrial firms’ May profits post first monthly rise in six months
Profits at China’s industrial firms rose for the first time in sixth months in May, suggesting the country’s economic recovery is gaining traction and brightening the outlook for manufacturing … ( read original story …)
Beijing reports 14 new confirmed COVID-19 cases
Workers wait to have their throat swab samples collected at a COVID-19 nucleic acid testing facility set up temporarily on a construction site in Haidian District of Beijing, capital of China, June 26 … (…
Beijing has a plan to change Hong Kong – but can citizens fight back?
Beijing’s imposition of a national security law in Hong Kong is its latest act to hurl the special administrative region towards ‘One Country, One system’—following a long list of meddling in the city … (…
China criticises Canada for ‘irresponsible remarks’ over two men charged with spying
China accuses Canada of ‘irresponsible statements’ over detained Canadians Michael Kovrig and Michael Spavor … ( read original story …)
Asia Today: South Korea reports 62 new cases, China has 17
South Korea has confirmed 62 additional cases of the coronavirus over a 24-hour period, as the country continues to grapple with new clusters after easing … ( read original story …)
China industrial firms’ May profits rise 6% year-on-year
Profits at China’s industrial firms in May rose 6% year-on-year to 582.3 billion yuan ($82.28 billion), the statistics bureau said on Sunday. ( read original story …)
It’s Hard to Be the Next China, Not Impossible
Is the global monetary order ready for another reboot? In the 1960s, Japan and Europe exported their way to post-World War II prosperity under the fixed exchange rates of the Bretton Woods agreement. ( read original story …)
China industrial firms’ May profits rise 6% y/y
Profits at China’s industrial firms in May rose 6% year-on-year to 582.3 billion yuan ($82.28 billion), the statistics bureau said on Sunday. For the first five months of 2020, industrial firms’ … ( read original…
China reports 17 new COVID-19 cases, including 14 in Beijing
Mainland China on Sunday reported 17 new coronavirus cases, mostly in the Chinese capital of Beijing. The National Health Commission said 17 new infections were confirmed on Saturday, down from 21 a … ( read…
China denounces Canada’s ‘megaphone diplomacy’ over spy charges
China sharply criticized Canada on Saturday, blaming its leaders for “irresponsible” statements about two Canadians accused of spying in China and calling on Ottawa to end its “Megaphone Diplomacy.” … ( read original story …)
Satellite Images Show Buildup on Disputed India-China Border
Satellite images released this week show construction activity under way on both the Indian and Chinese sides of a contested border high in the Karakoram mountains a week after a deadly clash in the ……
Li Zhensheng: Photographer of China’s cultural revolution
This job came during one of the most brutal periods in China’s history. The Cultural Revolution began in 1966 when Communist leader Mao Zedong began a campaign to eliminate his rivals. Mao mobilised … (…