BlackRock (BLK) is set to further strengthen position in China, following the approval of the wealth management joint venture. ( read original story …)
Monthly Archives For August 2020
China’s Economy Is Bouncing Back—And Gaining Ground on the U.S.
China’s inflation-adjusted economic output is projected to expand to roughly 70% of that of the U.S. this year—a seven-percentage-point increase and China’s largest advance on the U.S. in a single … ( read original story…
China Warns Philippines To Stop ‘Illegal Provocative Activities’ In The West Philippine Sea
Instead of remaining silent to a diplomatic protest filed by the Philippines, China has responded and is accusing the Philippines of infringing on its security and sovereignty. ( read original story …)
Some Chinese Wear Face Masks and Some Don’t in Beijing, China
Some Chinese continue to wear protective face masks outdoors while others do not after the government lifted the requirement in Beijing on Monday, August 24, 2020. Health officials in the Capital have … ( read…
Sen. Josh Hawley: What will Biden build back better? Big banks, big tech and Beijing. Look at his record
At the Democratic convention last week, Joe Biden and Kamala Harris told us they want to “Build Back Better.” Nonsense. All they want to build back are big banks, big tech and Beijing. ( read…
Why 2020 election may show there’s not much difference between Trump, Biden on China policy
In the midst of tough bilateral trade talks and the COVID-19 crisis, observers suggest the sound and fury of both Biden and Trump actually signifies very little policy change. ( read original story …)
China will step up technology innovation to drive growth: President Xi
China will step up technology innovation to drive high-quality growth through mobilizing national resources and bringing in world class research teams, President Xi Jinping said on Monday, according … ( read original story …)
Michael Spence on US-China competition and Industry 4.0
Michael Spence joins David Dollar to discuss global technology competition and how emerging technologies will affect the future of economic development. ( read original story …)
iQIYI to Host Online Screenings for Beijing International Film Festival On the Cloud
QIYI Inc. (NASDAQ: IQ) (“iQIYI” or the “Company”), an innovative market-leading online entertainment service in China, is pleased to announce that it has become the exclusive online screening platform … ( read original story …)
Bank of China, Alibaba, Ant Financial establish partnership
(Xinhua) — Bank of China (BOC) on Monday signed a strategic cooperation deal with Chinese e-commerce giant Alibaba and fintech firm Ant financial to develop a new ecosystem in the internet and … ( read…
Bahrain’s GFH Financial picks up majority in Global Banking Corp.
GFH Financial Group has acquired an additional 21.8 per cent stake in Global Banking Corporation (GB Corp), which gives it a 50.4 per cent majority in the Bahrain investment Bank. This follows Central … (…
Exclusive: Foxconn, other Asian firms consider Mexico factories as China risks grow
Taiwan-based electronics manufacturers Foxconn and Pegatron are among companies eyeing new factories in Mexico, people with direct knowledge of the matter said, as the U.S.-China trade war and … ( read original story …)
China says it has been injecting key workers with a coronavirus vaccine candidate for a month
An official at China’s health commission said “emergency use” of the unnamed vaccine was approved for health workers and border agents on July 22. ( read original story …)