With China rising in power, the greatest risk is not that the US failed to learn the Cold War’s lessons, but that it learned the wrong ones. ( read original story …)
Monthly Archives For August 2020
Tyson Foods wants China to lift ban on U.S. plant with COVID-19 cases
Tyson Foods Inc is seeking to convince Beijing to lift a ban on U.S. chicken shipments from an Arkansas plant where workers tested positive for COVID-19, President Dean Banks said on Monday … ( read…
HSBC is biggest loser in never-ending US-China global power play
Europe’s biggest bank is being buffeted by the pandemic and crossfire between Beijing and Washington … ( read original story …)
‘Stop politicizing economy’: Beijing blasts US for threatening to ban TikTok & other Chinese apps
Threatening to restrict Chinese apps on groundless claims that they’re feeding data on Americans to the government in Beijing only exposes Washington’s hypocrisy, China’s Foreign Ministry said. ( read original story …)
US-China Tensions Escalate While Investors Await More Stimulus Help; Corona Cases Spike Again In US
These kind of actions are likely to grow more tensions between Washington and Beijing, but President Trump isn’t really concerned about it. Donald Trump said last week that he will take measures to … (…
The Pentagon wants to end its reliance on China for rare earth minerals. But can it be done?
The Pentagon is funding projects at three U.S. mines that could offer a fix to America’s dependence on rare earth minerals from China. But uncertainty hangs over whether the mines can deliver enough … (…
How TikTok’s Owner Tried, and Failed, to Cross the U.S.-China Divide
The founder of ByteDance, Zhang Yiming, dreamed of building a global tech company based in China. Then the geopolitical reality set in. ( read original story …)
Microsoft’s Talks to Buy TikTok’s U.S. Operations Raise Ire in China
Washington’s ultimatum to the Chinese owner of TikTok—sell the app’s American operations to Microsoft or leave the country—is hardening suspicions in China that the U.S. aims to sabotage the country’s … ( read original story…
China Development Bank Financial Leasing — Moody’s announces completion of a periodic review of ratings of China Development Bank Financial Leasing
Moody’s announces completion of a periodic review of ratings of China Development Bank Financial LeasingRead the … ( read original story …)
China’s actions risk Hong Kong’s future as global financial center
The new security law Beijing imposed on Hong Kong and the ongoing political turmoil cast a dark shadow on the financial hub’s competitiveness and attractiveness to international business. ( read original story …)
China’s central bank pledges continued opening-up of financial industry
[Photo/China News Service] BEIJING – The People’s Bank of China (PBOC), the central bank, said Monday that it will resolutely push forward the opening-up of the country’s financial industry in a sound … ( read…
China Market Update: Mainland Moves Higher On Positive Caixin PMI Manufacturing Release, HSBC Weighs On Hong Kong
Growth stocks in Hong Kong were led by volume leaders Tencent, which gained +0.94%, Meituan Dianping +4.53%, Semiconducor Manufacturing +4.86%, and Alibaba HK -0.16%. ( read original story …)
White House adviser Navarro suggests Microsoft divest China holdings
White House trade adviser Peter Navarro suggested on Monday that Microsoft Corp could divest its holdings in China if it were to buy the Chinese owned short-video app TikTok. ( read original story …)