(Bloomberg) — A rally in emerging-market currencies paused last week, even as the dollar held close to its lowest level in two years, as intensifying U.S.-China tensions outweighed positive … ( read original story …)
Monthly Archives For August 2020
China does remarkably well in improving business environment
Drivers of Reform and Opportunities for the Future,” released in late July, shows that China has achieved a remarkable improvement in its business environment in recent years. Measured by the World … ( read original…
China’s factory deflation slows in July as recovery gains strength
China’s factory deflation eased in July, driven by a rise in global oil prices and as industrial activity climbed back towards pre-coronavirus levels, adding to signs of recovery in the world’s second … ( read…
Hong Kong media tycoon Jimmy Lai, a critic of China, is arrested under new national security law
An aide to Hong Kong media tycoon Jimmy Lai said Lai was arrested Monday morning under the city’s new national security law on suspicion of collusion with foreign powers. ( read original story …)
Luxshare rises as China’s homegrown iPhone manufacturer
In July, Ms Wang’s company Luxshare said it would buy two China-based subsidiaries of Foxconn rival Wistron, including one iPhone plant, in a Rmb3.3bn ($474m) deal that puts assembly of the iPhone, … ( read…
China’s factory gate prices fall for sixth straight month in July
China’s factory gate prices fell for the six straight month in July but at a slightly slower-than-expected rate, official data showed on Monday, as economic activity normalised after the coronavirus … ( read original story…
Asian shares on backfoot as focus shifts to U.S. stimulus, China tensions
Asian shares started cautiously on Monday as investors kept one eye on flaring tensions between the United States and China and another eye on U.S. fiscal stimulus after talks between the White House … (…
China reports 49 new coronavirus cases in mainland on August 9
China reported on Monday 49 new coronavirus cases in the mainland for August 9, compared with 23 cases a day earlier, the health authority said. ( read original story …)
Fuelled by Volvo, China’s Geely seeks launchpad to enter auto giant orbit
Chinese carmaker Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate its…
US-China relations: is Azar’s visit to Taiwan a sign of Washington’s disregard for Beijing?
The upcoming visit of a senior US official to Taiwan is evidence of the healthy relationship between the two sides and indicative of Washington’s dwindling concern about upsetting Beijing, observers … ( read original story…
EM Review: Return of U.S.-China Tensions Put Brakes on Rally
according to Finance Minister Richard MartinezMartinez said the country reached an agreement with China to reschedule debt paymentsBrazil’s central bank said it may consider another small cut to … ( read original story …)
China remains a ‘bright spark,’ says major real estate developer CapitaLand
There are “very encouraging signs” in CapitaLand’s residential business and retail operations in China, said Andrew Lim, the company’s group chief financial officer. ( read original story …)
Jiankou: China’s remote and dangerous Great Wall
While a remote part of the Great Wall may soon attract more visitors, it remains a striking reminder of the centuries that shaped not only the fortification, but China itself. ( read original story …)