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Month: August 2020

Posted on 31/08/2020

BlackRock Gets Nod to Set Up Mutual Fund Business in China

The company has received approval from the Chinese Banking and Insurance Regulatory Commission (CBIRC) to set up a mutual fund unit in the country. Thus, BlackRock has become the first global asset ... ( read original story ...)

Posted on 31/08/2020

Trump’s Tariffs? Coronavirus? China’s Exports Are Surging Anyway

Chinese companies are taking a greater share of goods sold abroad, showing their tremendous strength despite mounting challenges. ( read original story ...)

Posted on 31/08/2020

What China’s new export rules mean for TikTok’s US sale

Chinese regulators cast doubt over ByteDance’s planned sale of the US operations of its short-video subsidiary TikTok, by expanding the country’s list of controlled exports to include the algorithms ... ( read original story ...)

Posted on 31/08/2020

Curbs on Mongolian Language Teaching Prompt Large Protests in China

Mongolian is our mother language,” the students shouted. Rights activists say the demonstrations are the biggest in the northern region since 2011. ( read original story ...)

Posted on 31/08/2020

China Central Bank Says It Will Improve Benchmark Interest Rate System

Improving China's benchmark interest rate system would help build up financial markets, deepen market-based interest rate reforms and improve monetary policy management, the People's Bank of China ... ( read original story ...)

Posted on 31/08/2020

China’s bank sector cleanup puts local governments in firing line

As China's regulators flesh out details of a long-awaited master plan to clean up the country's banking sector, it's becoming increasingly evident that much of the burden is going to fall on the ... ( read original story ...)

Posted on 31/08/2020

What Happens If China Gets the Covid-19 Vaccine First

U.S. prestige could falter, the administration could take deadly risks, the world will have to rethink its alliances — and those are just a few of the possibilities. ( read original story ...)

Posted on 31/08/2020

Chinese corona patient recovers after 111-day hospital stay

A Covid-19 patient from China has left the hospital after the longest-ever stay on a controversial life support machine, a report said on Monday. The 62-year-old man spent 111 days on an ... ( read original story ...)

Posted on 31/08/2020

India says China’s military made moves near disputed border

India said Monday its soldiers thwarted "provocative" movements by China's military near a disputed border in the Ladakh region. ( read original story ...)

Posted on 31/08/2020

China Is Gunning To Be The World Leader In AI Chips While Restricting Exports

China has passed the US in AI chip patenting and their brightest star, Cambricon has more than four times as many patents as Nvidia. ( read original story ...)

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