The White House has asked U.S. government agencies for extensive details of any funding that seeks to counter China’s global influence and business practices, or supports Beijing, amid growing … ( read original story …)
Monthly Archives For September 2020
China planning building spree in Tibet as India tensions rise, sources say
China is planning a more than 1 trillion yuan ($146 billion) push to accelerate infrastructure investment in Tibet, including new and previously announced projects, three sources familiar with the … ( read original story …)
China passenger bus highlights airborne COVID-19 spread after nearly 2 dozen contract virus: study
New research highlights how the virus spread throughout a passenger bus in China during the early stages of the pandemic. ( read original story …)
Australia faces down China in high-stakes strategy
The government of Scott Morrison has reached a stark new view of China: It’s not just a top trading partner, but also a threat to the nation’s sovereignty. ( read original story …)
Political Change in China Is Not Implausible | Opinion
More people would like to withdraw or quit this party.” According to the BBC, over 170 minister- and deputy minister-level officials across China were sacked, and many more were jailed under the … ( read…
China’s yuan could become the world’s third largest reserve currency in 10 years, Morgan Stanley predicts
Morgan Stanley analysts predict the Chinese yuan will account for between 5% to 10% of global foreign exchange reserve assets by 2030, putting the currency into third place. ( read original story …)
Comac C919: China takes on Airbus and Boeing
The Comac C919 is China’s first medium-haul passenger jet aircraft and it’s a direct challenger to the Boeing B737 and the Airbus A320. ( read original story …)
China fines five financial firms $47 million for misconduct
China fined five financial institutions a total of 320 million yuan ($47 million) on Friday, as the country’s watchdog steps up a crackdown on financial misconduct to tame systematic risks. ( read original story …)
China may dump U.S. Treasuries as Sino-U.S. tensions flare: Global Times
China may gradually cut its holdings of U.S. Treasury bonds and notes, in light of rising tensions between Beijing and Washington, state-backed newspaper Global Times cited experts as saying. With … ( read original story…
China’s auto sales to grow slightly in next five years, industry body predicts
China’s auto market, the world’s biggest, is expected to grow only slightly in the next five years, the country’s top auto industry body said on Friday. ( read original story …)
Dinner in Beijing, China
People eat dinner at a restaurant in Beijing, China. ( read original story …)
China shares end lower; Shanghai posts first weekly loss in six
China stocks closed lower on Friday after a sharp overnight selloff in Wall Street, with the benchmark Shanghai index posting a weekly loss after a five-week winning streak. ( read original story …)
Uni-President China: Valuations Are Not Attractive
Uni-President China’s Soup Daren high-end instant noodles and Kai Xiao Zao self-heating rice meal products were the star performers for the company in 1H 2020. ( read original story …)
