Asian equity markets bounced on Tuesday after U.S. President Donald Trump said the U.S.-China trade pact was “fully intact”, clarifying earlier confusing statements from the White House over the fate … ( read original story…
Monthly Archives For June 2020
European stocks open higher, brushing off concerns over U.S.-China trade deal and coronavirus
European stocks opened higher Tuesday despite some concerns over the state of the U.S.-China trade deal, and a surge of coronavirus cases in the U.S. and elsewhere. ( read original story …)
Shenzhen tightens supervision at food markets
Due to pandemic risks, Shenzhen has started strengthening its supervision of its market environment, food products and workers in food transportation and marketing from June 13. As of June 16, 472 … ( read original…
EU business body fears China-EU investment deal will not be finished this year
The president of European Union Chamber of Commerce in China said on Tuesday that he doubts the China-EU investment agreement will be finished this year. ( read original story …)
First China, Now India – U.S. Flight Disputes Grow To Air India’s Vande Bharat Repatriation During Covid-19
Domestic U.S. flights may be increasing, but a stronger rebound cannot occur without India and other countries easing restrictions. ( read original story …)
China launches final satellite in Beidou navigation system to rival GPS
The 55 Beidou project satellites will try to emulate American navigation tool known as GPS … ( read original story …)
China’s central bank injects 200 bln yuan into market Tuesday
China’s central bank on Tuesday pumped cash into the banking system via reverse repos to maintain liquidity. With no reverse repos maturing Tuesday, the People’s Bank of China injected a total of 200 … (…
Trump Official Says US-China Trade Deal Is ‘Over’ Then Backtracks On Statements
Peter Navarro announced the demise of Trump’s much-touted phase one deal with China only to walk back on his statement and say he was misquoted. ( read original story …)
U.S. Trade Adviser Navarro Backtracks After Calling China Trade Deal ‘Over’
“My comments have been taken wildly out of context,” Navarro said. “They had nothing at all to do with the Phase I trade deal.” … ( read original story …)
US meat industry puzzled by China’s import ban for 1 plant
China’s decision to ban imports from a single Tyson Foods poultry plant where there was a coronavirus outbreak has raised concerns about the implications on the U.S. meat industry if the action is exp ……
As China and Australia trade barbs on coronavirus and racism, property market joins list of casualties
Fraying relations between Beijing and Canberra could hit Australian real estate market that relies on Chinese money for its vigour. ( read original story …)
China launches its final satellite to complete its rival to the US-owned GPS system
China sent the last satellite to space on Tuesday to complete its global navigation system that will help wean it off U.S. technology in this area. ( read original story …)
Diode maker Eris enters supply chain of China panel vendors
Taiwan-based Eris Technology has eentered the supply chain of China’s leading display panel vendors by providing power diodes and MOSFET chips, according to industry sources. Eris has responded saying … ( read original story …)
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