The founder of China’s biggest bottled water group has become the country’s second-richest person with a fortune of more than $50bn, after shares in his company surged on their debut in Hong Kong. ( read…
Monthly Archives For September 2020
China Tower: All Eyes On 5G And Business Diversification
China Tower’s core tower business revenue growth in 1H 2020 was below expectations, notwithstanding a decent financial performance for the company as a whole over the same period. ( read original story …)
‘Never recognised so-called Arunachal Pradesh’, says China: A look at Beijing’s past efforts to lay claim over state
China on Tuesday asserted that it never recognised the “so-called ‘Arunachal Pradesh’”, and reiterated its claim that the state is actually ‘south Tibet’ and part of its territory. The statement came … ( read original…
Trump Again Raises Idea of Decoupling Economy From China
Trump, who long touted friendly ties with Chinese President Xi Jinping as he sought to make good on promises to rebalance a massive trade deficit, has made getting tough on China … ( read original…
Shots fired on the India-China border for the first time in decades as tensions flare
India and China accused each other on Tuesday of firing warning shots during a confrontation the day before at their disputed border in a marked escalation of tensions between the two nuclear-armed … ( read…
China detains 23 in crackdown on Inner Mongolia protests
Police in China’s Inner Mongolia region have detained at least 23 people following protests last week against a new policy that replaces Mongolian-language textbooks … ( read original story …)
China says Indian troops illegally crossed line of control and fired first
China’s foreign ministry said on Tuesday Indian troops illegally crossed a line of control on their shared border and were first to fire warning shots in a serious military provocation. ( read original story …)
China’s new yuan loans set to rise in Aug, keep economy on recovery path: Reuters poll
China’s new bank loans are expected to have risen in August from the previous month, as the central bank sought to keep liquidity flush to support embattled smaller companies and backstop an economy … (…
China’s financial sector accelerates opening up amid pandemic
Though the global financial sector is facing challenges amid the COVID-19 pandemic, China has continued to accelerate the opening up of its financial sector. “If a Chinese company sells its products … ( read original…
Hong Kong’s most overbought IPO Nongfu Spring gushes on debut, pushing founder to among China’s newly minted billionaires
Nongfu Spring has become a record-breaking IPO in Hong Kong after it locked up as much as HK$677 billion – about a third of Hong Kong’s daily cash in circulation – in capital from small…
India Goes Hypersonic: New Missile Technology May Be Answer To China’s Navy
Hypersonic missiles may be one way that the Indian Navy can counter-balance the Chinese Navy’s growing capabilities. India test fired its first hypersonic missile demonstrator on September 7. ( read original story …)
How bitcoin met the real world in Africa
Abolaji Odunjo made a fundamental change to his business selling mobile phones in a bustling street market in Lagos: He started paying his suppliers in bitcoin. ( read original story …)
China’s Xi Honours COVID-19 ‘Heroes’, as Focus Shifts to Economic Recovery
“China has helped save the lives of tens of millions of people around the world with its practical actions, showing China’s sincere desire to build a common future and community f … ( read original…
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