The euro and other currencies were higher on Tuesday after White House trade adviser Peter Navarro said his comments that the trade deal with China was “over” were taken out of context. ( read original…
Monthly Archives For June 2020
China Warns Risk Of Naval Incident With US On The Rise
The United States’ regular “freedom of navigation” operations in the South China Sea — where China and neighbouring countries have competing claims — angers Beijing, and China’s navy usually warns … ( read original story…
China’s Didi aims for 1 million robotaxis on its platform by 2030
China’s ride-hailing giant Didi Chuxing aims to operate more than 1 million self-driving cars through its platform by 2030, an executive said on Tuesday. ( read original story …)
China vows to respond after US targets more state media outlets
London (CNN Business)China has vowed to make a “necessary and legitimate” response after the US government designated four more Chinese state media outlets as “foreign diplomatic missions.” On Monday, … ( read original story …)
Beijing requires nucleic acid testing for 3 groups of people
Nucleic acid testing is required for three groups of people — those who visited the Xinfadi market or came in contact with the market staff; employees in farm produce markets, restaurants, canteens, … ( read…
Stock market news live updates: Futures pare losses after Navarro, Trump clarify China trade deal remains in place
Stock futures fell sharply and then pared losses, after White House trade adviser Peter Navarro said during a Fox News interview that any trade deal with China was “over” but then walked back the rema…
First IPO applications under review since ChiNext reform
The Shenzhen Stock Exchange has started reviewing the first batch of applications for initial public offering (IPO) under the pilot registration-based system in ChiNext, China’s Nasdaq-style board of … ( read original story …)
Trump says China deal ‘intact’ hours after aide declares it ‘over’
Navarro, an outspoken China critic and director of trade and manufacturing policy at the White House, said the “turning point” had been in January when the U.S. had learned about … ( read original story…
Moscow sees no need to mediate India-China standoff
Russia will not be stepping in to mediate between China and India following a deadly border clash in the Himalayas, the country’s foreign minister said Tuesday … ( read original story …)
China predicts “cliff-like drop” in Beijing’s 2nd-wave coronavirus outbreak as testing ramps up
As authorities work to hugely increase coronavirus testing in the sprawling capita, officials say fast response has helped bring the outbreak “under control.” … ( read original story …)
White House adviser Navarro walks back on comments China trade deal ‘over’
White House trade adviser Peter Navarro on Monday walked back on his earlier remarks that the U.S.-China trade pact was “over”, stoking volatility in markets already frazzled by the coronavirus … ( read original story…
Correction: Virus Outbreak-China-Trade Fair story
In a June 19,2020, article about the Canton Trade Fair, The Associated Press misstated the number of vendors at the fair … ( read original story …)
ZTE seeks fresh credit from China banks
and 28.7 per cent of a second-phase move by China Mobile. ZTE also took 45 per cent of China Telecom’s 5G core network tender and almost 30 per cent of China Unicom’s. Joseph Waring joins…