China plans to merge domestic broker First Capital Securities with smaller rival Capital Securities, three sources said, underscoring Beijing’s determination to consolidate the brokerage … ( read original story …)
Monthly Archives For August 2020
Dollar drifts higher as coronavirus, China data sap confidence
The dollar drifted higher on Friday, helped by strong U.S. jobs data as well as firmer global demand for safe-havens amid concerns about the coronavirus recovery, setting the currency up to … ( read original…
China central bank to conduct MLF operations on Monday as 400 billion yuan of such loans expire
China’s central bank said it would conduct medium-term lending facility (MLF) operations on Monday, as a batch of 400 billion yuan ($57.6 billion) worth of such loans expired on the day … ( read original…
China mainland reports 30 new coronavirus cases on August 13 vs 19 a day earlier
China reported 30 new coronavirus cases on the mainland on Aug. 13, up from 19 on the previous day, the country’s health authority said on Friday. ( read original story …)
U.S. to Classify Beijing-Backed Confucius Institute Center as Foreign Mission
The State Department said it is classifying the China-backed Confucius Institute U.S. Center as a foreign mission to draw scrutiny to the ways the Trump administration says the center’s Chinese … ( read original story…
China mainland reports 30 new coronavirus cases on Aug. 13 vs 19 a day earlier
China reported 30 new coronavirus cases on the mainland on Aug. 13, up from 19 on the previous day, the country’s health authority said on Friday. ( read original story …)
The US cooperated with the Soviets on smallpox – it should do the same with China on COVID-19 vaccine distribution
If the U.S. and Soviet Union could cooperate at the height of the Cold War, the United States and China can cooperate now – and the world will be healthier for it. ( read original…
Asian shares to pause ahead of China data, U.S. ‘altitude sickness’
Asian shares were set for a largely flat start on Friday as markets weighed a pause in Wall Street’s multi-month stock rebound and awaited the release of Chinese economic data later in the session. (…
China hopes U.S. will create conditions to implement Phase 1 deal, commerce official says
China hopes the United States will stop taking restrictive and discriminatory action against Chinese firms and create conditions for the implementation of a Phase 1 trade deal, Assistant Minister of … ( read original story…
Trump’s Tech War with China Could Cost Apple Dearly
Please consider Apple’s $44 Billion China Market Threatened by Trump WeChat Ban Apple Inc. spent years building China into a $44 billion growth driver. Then the U.S. president last week cast all that … (…
Chicken wings test positive for coronavirus in China
(Gray News) – Frozen chicken wings imported from Brazil to China tested positive for COVID-19, officials from the city of Shenzhen said. CNN reported the virus was detected on a sample during food … (…
China’s Baidu beats quarterly revenue estimates
China’s Baidu Inc reported a quarterly revenue that edged past analysts’ estimates on Thursday, as new subscriptions for its video streaming service partially offset a decline in ad revenue from its … ( read original…
US to treat Chinese cultural organization as an arm of Beijing’s government
The US State Department designated a Chinese cultural and educational institution as a foreign mission, Secretary of State Mike Pompeo announced Thursday, in the latest move by Washington against … ( read original story …)
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