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…
Monthly Archives For August 2020
Trump Targets WeChat and TikTok, in Sharp Escalation With China
The government cited national security concerns in announcing sweeping restrictions on two popular Chinese social media networks, a move that is likely to be met with retaliation. ( read original story …)
China Tells Banks, Wealth Fund to Cut Pay as Economy Slumps
Chinese authorities are doubling down on pressure to get the nation’s biggest state-owned financial groups to reduce salaries in a bid to boost returns as the virus-hit economy faces its slowest … ( read original…
Pentagon Chief Expresses Concern to Chinese Counterpart About Beijing’s Activity in South China Sea
U.S. Defense Secretary Mark Esper expressed concerns about Beijing’s “destabilizing” activity near Taiwan and the South China Sea in a call with Chinese Def … ( read original story …)
The Latest: Beijing has first new local virus case in week
China’s capital is reporting its first new case of locally transmitted COVID-19 in a week. State media said Friday the case in Beijing is linked to a recent outbreak in the northern port city of…
China’s Submarines May Be The Stealthiest On Earth: Can America Catch Up?
Admiral Ma crowed that Chinese engineers are “now way ahead of the United States, which has also been developing similar technology.” … ( read original story …)
China reports 37 new COVID-19 cases in mainland, same as day earlier
China reported 37 new coronavirus cases in the mainland as of the end of Aug 6, same as the day earlier, the country’s health authority said on Friday. ( read original story …)
Trump hammers China over coronavirus as US health secretary heads to Taiwan
US President Donald Trump on Thursday (Aug 6) intensified his attacks on China for its handling of the novel coronavirus outbreak that has killed over 700,000 people worldwide, as his health secretary … ( read…
Can China Win the Financial Cold War?
Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services. He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, … ( read original story …)
Town of China Grove names new finance director
At its regular meeting on Tuesday night, the China Grove Town Council introduced the town’s new finance director and designated a stormwater appeals hearing officer. Dean Luddie, a registered … ( read original story …)
Shenzhen should be elevated to same administrative status as Beijing, academics say
Hong Kong’s neighbour should become a centrally administered municipality, article argues – although the idea, floated before, is not official policy. ( read original story …)
China’s Hottest Tech Stocks Are About to Move Twice as Much
Get ready for 20% moves in some of China’s most volatile and sought-after equities. Stocks on the Nasdaq-like ChiNext board will be allowed to rise or fall at twice the current 10% cap as soon…
China Warns US Against ‘Dangerous Moves’ On Taiwan: Xinhua
Chinese Defense Minister Wei Fenghe warned his US counterpart in a phone call Thursday to avoid firing up bilateral tensions, a day after Washington angered Beijing by announcing it would send a … ( read…
