China’s ambassador to London accused Britain on Monday of gross interference and making irresponsible remarks. ( read original story …)
Monthly Archives For July 2020
Goldman Sachs created a new metric to measure how US-China tensions impact stocks, and said that there’s still money to be made from the conflict
There are “still-decent risk/reward for Chinese stocks unless US-China relations substantially deteriorate from here,” strategists wrote in a note. ( read original story …)
US Navy says it’s ‘not intimidated’ by China’s missiles as Beijing bristles over US aircraft carriers in South China Sea
As Chinese media boated about its “carrier killer” missiles, the US Navy responded that it is “not intimidated” by China’s arsenal. ( read original story …)
China reports bubonic plague case, raises local alert level in Inner Mongolia
Local health authorities in China’s Inner Mongolia region announced a suspected positive case of bubonic plague Sunday. Health officials in Bayannur said a farmer was sickened and hospitalized but is … ( read original story…
Chipmaker SMIC plans China’s biggest IPO in a decade
Details of the planned offers are released in a statement on Monday, July 6, on the website of the Shanghai exchange, sending the company’s Hong Kong-listed stock soaring more than 20% to a record hig…
China’s Recovery Is Here
The China PMIs are available and they show a significant burst of economic growth. The big question has always been how swift the recovery from the coronavirus would be. ( read original story …)
China’s Kingold Jewelry Allegedly Used Fake Gold to Secure Huge Loans
Lenders to the Nasdaq-listed jewelry maker reportedly have discoverd that 83 tons of gold used to borrow billions appear to be copper alloy bars. ( read original story …)
UPDATE 2-China rebukes UK for its “gross interference” over Hong Kong
China’s ambassador to London accused Britain on Monday of gross interference and making irresponsible remarks over Beijing’s imposition of new security legislation in Hong Kong that he said could … ( read original story …)
Greater China First-Half Offshore Loans Drop 25% Amid Pandemic
Offshore loan volumes in the Greater China region tumbled by a quarter in the first half of the year to the lowest level since late 2016 as companies borrowed less in the wake of the…
China investors see bullish cues, shrug off US tensions
Stocks surged in China overnight into Monday as the economy shows some positive signs of recovery. CNBC’s Eunice Yoon reports from Beijing. ( read original story …)
China urges ‘fair’ treatment after France restricts Huawei
China urged France Monday to guarantee a “fair and just” environment for its companies after Paris decided to restrict licenses for telecom operators using 5G technology from Huawei. The United States … ( read original…
After COVID-19, China moves to kick its exotic meat habit
At least 200 species of wildlife, from snakes to civet cats to scorpions, are bred and traded in China, according to the Humane Society International. ( read original story …)
China suspends US-Bangla’s Dhaka-Guangzhou route for one week due to COVID-19
China’s aviation regulator said on Monday it has suspended a US-Bangla Airlines route between Dhaka and Guangzhou for one week due to some passengers on a recent flight having tested positive for … ( read…
