A senior US government official said President Donald Trump is “willing to accept more risk” in dealings with Beijing as Washington works to build alliances with countries in Asia to check what the … (…
Monthly Archives For July 2020
China Tries Its Favorite Economic Cure: More Construction
Strong sales at China’s biggest construction equipment maker show Beijing’s strategy for recovery after the virus. But while the company, XCMG, is prospering, the rest of the economy is struggling. ( read original story …)
China orders regular coronavirus tests at wholesale markets
China asked local authorities to carry out regular coronavirus tests at wholesale markets, the country’s health authority said on Thursday, part of an all-out effort to control the spread of the COVID … ( read…
Coronavirus vaccine developer CanSino offers shares in China’s second-most expensive initial public offering
The offer price for CanSino’s secondary listing made it the second-most expensive initial public offering in China, as the nation’s tentative signs of economic growth fuelled optimism and sparked a … ( read original story…
John James’ Talks Tough on China While His Family Does Business
John James, the Republican candidate for Senate in Michigan and a rising star within the GOP ranks, has been there in lockstep. “The COVID-19 pandemic has revealed the danger of America’s supply chain … (…
China’s Naval Expansion Is Changing How The U.S. Navy Does Business
“The biggest challenge for U.S. national security leaders over the next 30 years is the speed and sustainability of the [People’s Republic of China] national effort to deploy a global navy.” … ( read original…
Machin’s China move off after relative gets coronavirus: report
Former Sevilla and Espanyol boss Pablo Machin will not take up the head coaching job at Qingdao Huanghai in China after one of his relatives caught the coronavirus, a report said Thursday. The 45-year ……
China Pushes for Blockchain Dominance But Will the World Trust It?
Despite Washington’s pushback against China’s ambition to lead the world in building emerging technologies such as 5G, Beijing next month will launch a global effort in developing blockchain, a … ( read original story …)
Huawei Overtakes Samsung as Top Handset Maker Thanks to Robust China Sales
China’s Huawei Technologies snatched the title of biggest smartphone seller from Samsung Electronics in the second quarter, underscoring the resilience of the China market even as global demand for … ( read original story …)
Chinese Electric SUV Maker Li Auto Raises $1.1 Billion in IPO
Chinese carmaker Li Auto Inc. raised $1.1 billion in an above-range U.S. initial public offering, adding to the market focus on electric-vehicle companies, according to terms of the deal reviewed by … ( read original…
China’s central bank injects 50 bln yuan into market
BEIJING, July 30 (Xinhua) — China’s central bank Thursday pumped cash into the banking system via reverse repos to maintain liquidity. The People’s Bank of China injected 50 billion yuan (about 7.15 … ( read…
Huawei overtakes Samsung to be No. 1 smartphone player in the world thanks to China as overseas sales drop
Huawei became the biggest smartphone player in the world in the second quarter for the first time with the majority of sales coming from China as its international business suffers due to U.S. ( read…
Li Auto to raise US$1.1 billion on Nasdaq as electric vehicle maker launches biggest IPO by a Chinese company in the US this year
The Chinese EV start-up is set to raise US$1.1 billion, the largest US IPO so far this year by a Chinese company Li Auto, a Chinese electric vehicle maker backed by China’s online services delivery…
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