China said on Thursday it was firmly opposed to the U.S. government’s action to block Chinese apps and said the move went against market principles and had no … ( read original story …)
Monthly Archives For August 2020
Global and China Leading Tier1 Suppliers’ Intelligent Cockpit Business Research Report, 2020 (I)
Reportlinker.com announces the release of the report “Global and China Leading Tier1 Suppliers’ Intelligent Cockpit … ( read original story …)
China’s bank regulator moves to rein in small lenders as Beijing fears financial risks
Many Chinese companies have taken a big hit from the coronavirus pandemic. And as they struggle to repay debts, pressure is mounting on the country’s small lenders. ( read original story …)
China and Russia ditch dollar in move toward ‘financial alliance’
MOSCOW — Russia and China are partnering to reduce their dependence on the dollar — a development some experts say could lead to a “financial alliance” between them. In the first quarter of 2020 ……
‘China’s LVMH’ Shandong Ruyi resists Lycra sale in favour of IPO amid debt crisis: sources
One of the sources said Ruyi believed Lycra would be better valued via an IPO, rather than a trade sale. Last year Ruyi had suggested it could list the company on China’s new tech-focused STAR…
Shenzhen embraces Hong Kong in financial markets integration plan, a prelude to easier capital controls
Shenzhen, the richest mainland city in Greater Bay Area, has presented a blueprint to boost market integration with Hong Kong in a prelude to greater cross-border capital flows. ( read original story …)
Hong Kong Is Losing Its Charm for Expats as China Tightens the Screws
The city’s expatriate community is shrinking, as new restrictions by China on speech and political activities and a tumultuous year of protests have diminished the allure of living and working in the … ( read original…
Think ‘sanctions’ will trouble China? Then you’re stuck in the politics of the past
The complex history of how China and the US once embraced each other should inform how the current showdown is tackled, says artist and activist Ai Weiwei … ( read original story …)
Microsoft’s bid for TikTok could hang on its long history in China
Microsoft has spent decades building goodwill with Beijing, and that could help its bid to buy TikTok’s operations in the United States and a few other countries. That is, unless deteriorating … ( read original…
AstraZeneca in Deal With Kangtai Bio to Supply Potential COVID-19 Vaccine in China
To meet market demand in China, Shenzhen Kangtai is obliged to make sure it has an annual production capacity of at least 100 million doses of the experimental shot AZD1222, which AstraZeneca … ( read…
China Sentences Canadian to Death on Drugs Charges
The Guangzhou Municipal Intermediate Court announced Xu Weihong’s penalty on Thursday and said an alleged accomplice, Wen Guanxiong, had been given a life sentence … ( read original story …)
Siemens CEO says China business is doing better than last year
Siemens is seeing an improvement in its business in China but remains uncertain about the development of the United States market, Chief Executive Joe Kaeser said on Thursday. ( read original story …)
Google deletes 2,500 China-linked YouTube channels over disinformation
China tensions over TikTok and WeChat apps that White House says are ‘significant threats’ … ( read original story …)