President Trump signs executive orders that will impose limits on two popular Chinese social-media apps … ( read original story …)
Monthly Archives For August 2020
China exports rise sharply in sign of trade resilience
Chinese exports rose sharply in July, according to official figures released on Friday, in a sign of resilience in the country’s trade activity despite the lingering impact of the coronavirus pandemic … ( read original…
China’s Rare Earth Threat Sparks An International Backlash
China fired a verbal rocket at U. S. arms maker Lockheed Martin last month only to unleash a response which threatens its most strategically important industry, rare earths. ( read original story …)
China sentences 4th Canadian to death on drug charges in 2 years
China has sentenced a fourth Canadian citizen to death on drug charges in less than two years following a sharp downturn in ties over the arrest of an executive of Chinese tech giant Huawei. (…
Trump preps bans on WeChat, TikTok, stoking tension with Beijing
U.S. President Donald Trump has unveiled sweeping bans on U.S. transactions with the Chinese owners of messaging app WeChat and video-sharing app TikTok, escalating a high-stakes confrontation with … ( read original story …)
U.S. action on China apps may hurt trade talks, tech market: Partners Financial
China tensions over TikTok have had a “very strong impact” on tech stocks and new action on WeChat could place trade talks and the tech market under greater pressure, says Ronald Wan, the … (…
China is still a ‘bright spark’ in CapitaLand’s portfolio, says group CFO on virus impact
Despite CapitaLand’s “challenging profit picture” so far in 2020, there have been “very encouraging signs” among our businesses in China, which went “first into the pandemic but also first out,” says … ( read original…
China’s central bank declares Baoshang Bank bankrupt as it picks apart Xiao Jianhua’s financial empire
Baoshang was taken over by the government in May 2019, part of an onerous process by the financial and banking regulators to clean it up, recapitalise and resuscitate it to avoid a whole scale ……
China sentences fourth Canadian to death on drug charges
China has sentenced a fourth Canadian citizen to death on drug charges in less than two years following a sharp downturn in ties over the arrest of an executive of Chinese tech giant Huawei. Ye…
Major fintech’s dual IPO listing plan underscores pull of Chinese boards
On July 20, Ant Group, the fintech arm of Alibaba established in 2014, announced it would launch initial public offerings (IPOs) both on Hong Kong Stock Exchange and the Science and Technology … ( read…
China demand fuels German export, production rebound
Overall export demand, especially from China, helped Germany’s manufacturers recover from the shock of the coronavirus lockdown for the second month running in June, though output was still well below … ( read original story…
China’s internet stocks plunge as Trump targets TikTok and WeChat
Chinese technology stocks shed tens of billions of dollars in value after US President Donald Trump unveiled executive orders targeting popular social media apps TikTok and WeChat. Shares in Tencent … ( read original story…
Trump issues bans on China’s TikTok, WeChat, stoking tension with Beijing
U.S. President Donald Trump on Thursday unveiled sweeping bans on U.S. transactions with China’s ByteDance, owner of video-sharing app TikTok, and Tencent , operator of messenger app WeChat, in a … ( read original story…