TRADE Both countries already have suffered heavy losses in a tariff war that erupted in 2018 over Beijing’s technology ambitions and trade surplus. If talks on ending the dispute fail, the world could … (…
Monthly Archives For July 2020
Coronavirus: China reports highest spike in new COVID-19 cases since April
China recorded 61 new coronavirus cases on Monday – the highest daily figure since April – propelled by clusters in three separate regions that have sparked fears of a fresh wave. For more coronavirus ……
European stocks retreat with U.S.-China tensions, coronavirus in focus; travel stocks down 3.4%
European markets declined on Monday morning as investors continue to watch rising diplomatic tensions between the U.S. and China, while travel stocks tumbled after the U.K. imposed quarantine measures … ( read original story …)
China reports virus spike as global cases pass 16 mn
China on Monday reported its highest number of coronavirus cases in three months, part of a worrying swell of second and third-wave infections that are hitting Asia and Europe. Australia has been … ( read…
China takes over closed U.S. Consulate in Chengdu days after ordering it shut, as relations continue to plummet
Move finalized Beijing’s order last week that the consulate be shut, as relations between the two superpowers continue to plummet … ( read original story …)
China’s new mini-IPO market gets off to frenzied trade, triggering circuit breakers
IPO market kicked off trading on Monday in a frenzy as circuit breakers were triggered for both surging and slumping stocks on their debuts. ( read original story …)
NBC resets focus for Tokyo while also looking to Beijing
When Molly Solomon took over as executive producer and president of NBC’s Olympics production unit last November, she expected to be in Tokyo right now with the Games in full swing. But with … (…
HSBC braced for grilling over Beijing links by key investors
HSBC is preparing to fend off a barrage of questions over its relationship with Beijing when it speaks to investors next week, as bosses fight to stay out of a diplomatic stand-off with the West.…
China needs to weigh economic ‘consequences’ of coronavirus stimulus, top Beijing researcher says
Gao Peiyong, vice-president at Chinese Academy of Social Sciences, says China needs to evaluate the economic consequences of its coronavirus stimulus. ( read original story …)
China Development Bank to sell green bonds in interbank, exchange markets – sources
China Development Bank CHDB.UL is planning to auction green bonds on Wednesday in both interbank and exchange markets, six sources with direct knowle … ( read original story …)
Gold surges, Asian stocks mixed amid US-China feud, pandemic
The price of gold has surged to a record of more than $1,926 per ounce and Asian stock markets are mixed amid unease about U.S.-China tensions and concern a recovery from the coronavirus pandemic migh…
Extraordinary paper art on show in Beijing – clothes, vases, flowers and carpet all made of the stuff
All is not what it seems at a major exhibition at Today Art Museum in Beijing, where porcelain vases are made of glutinous rice paper and a cotton jacket is woven together with pages pulled…
China reports highest daily domestic coronavirus infections since March
China said on Monday that it recorded the highest number of coronavirus infections since March as much of the world contends with pockets of new outbreaks. Reuters reported that China’s health … ( read original…
