Mohammed has spent several weeks sleeping in his cramped trading booth in one of Guangzhou’s export centres after being kicked out of his apartment and forced into quarantine in April, but the … ( read…
Monthly Archives For June 2020
COVID-19 undid 3 years of economic progress in China. Don’t expect a quick rebound, these experts say
Beijing may be falling back on an old playbook as it reels from the impact of the coronavirus. it’s a reminder of just how desperate things may have … ( read original story …)
Li Zhensheng, Photographer of China’s Cultural Revolution, Dies at 79
Li Zhensheng, a Chinese photographer who took great personal risk to document the dark side of Mao Zedong’s Cultural Revolution and produced a powerful compilation of black-and-white images that … ( read original story …)
Asian stocks follow Wall Street higher on bank news
Asian stock markets have followed Wall Street higher after U.S. regulators removed some limits on the ability of banks to make investments … ( read original story …)
Hong Kong and Shanghai locked in tight race to be 2020’s top IPO venue for Chinese issurers
US-listed Chinese companies’ secondary listings may not be enough to secure Hong Kong’s lead as global IPO hub amid keen competition from Shanghai. ( read original story …)
Senate backs bill to punish China over Hong Kong
The “Hong Kong Autonomy Act” passed by unanimous consent. To become law, it must also pass the House of Representatives and be signed by President Donald Trump. ( read original story …)
Shaoquett Moselmane: Australian lawmaker’s office raided ‘amid China probe’
An Australian lawmaker is to be suspended from his party following reports his office is facing investigation by national security agencies over alleged links to China. Authorities raided the home and … ( read original…
Kweichow Moutai: World’s top liquor brand is now mainland China’s biggest public company
Kweichow Moutai has long been one of China’s hottest stocks. In 2017, it became the world’s biggest liquor maker by market value, surpassing Diageo, the British firm that owns Johnnie Walker and other … (…
Nike takes $790 million loss in sales slump, even as China returns to growth
Nike’s US sales were down 46% March to May. Nearly all of the footwear giant’s retailing stores were closed two thirds of the fiscal fourth quarter. ( read original story …)
Asia Today: China reports further decline in new virus cases
China reported a further decline in newly confirmed cases of the coronavirus on Friday, with 13 cases. Eleven were in Beijing, where mass testing has been carried out following an outbreak that … ( read…
China Sanctions Risk, Fed Bank Caps, Japan Forecast Cut: Eco Day
Asia. Here’s the latest news and analysis from Bloomberg Economics to help get you through to the weekend: … ( read original story …)
Mainland China reports 13 new coronavirus cases, including 11 in Beijing
China’s health authority on Friday reported 13 new coronavirus cases in the mainland for June 25, down from 19 a day earlier. Of the new infections, 11 were in Beijing, the National Health Commission ……
Hong Kong pro-democracy shops fear China’s new security law
Daniel Lee says a surge of new customers came to his Hong Kong Reader Bookstore after pro-democracy demonstrations erupted in the Chinese-ruled territory last summer, looking for books on political … ( read original story…
