Tuuli McCully of Scotiabank states that China has been leading the regional recovery as reflected in its services and manufacturing sector, and that China is positioned to have a relatively solid … ( read original…
Monthly Archives For September 2020
China will gradually resume direct international flights to Beijing
China’s aviation regulator said on Wednesday it will resume direct flights to Beijing from eight countries including Thailand, Cambodia, Greece, Denmark, Sweden and Canada from Sept. 3. ( read original story …)
Pompeo Condemns Iran’s Silence on China Uyghurs After Khamenei Says UAE ‘Betrayed’ Islam
Secretary of State Mike Pompeo has accused Iranian Supreme Leader Ayatollah Ali Khamenei of encouraging violence on Twitter, as Tehran continues its campaign against the Israel-United Arab Emirates … ( read original story …)
Citi becomes first US bank to win custody prize in China
Citigroup has become the first US bank to receive a fund custody licence in China, allowing it to provide a core service to global asset managers as they rush to participate in the opening up…
What will a Wish IPO look like? We may know soon
Wish, the San Francisco-based, 750-person e-commerce app that sells deeply discounted goods that you definitely don’t need but might buy anyway when priced so low — think pool floats, guinea pig … ( read original…
Beijing rejects U.S. report on Chinese warheads
China’s foreign ministry on Wednesday rejected a U.S. report that Beijing was expected to double the number of its nuclear warheads. The Pentagon said on Tuesday that China is expected to at least … (…
India-China standoff: How and why govt changed strategy on dealing with Beijing
The Modi government has ordered a change in strategy in strategy to deal with China. The first signs of this shift came as the Indian Army significantly strengthened its presence on “strategic heights … (…
China foreign ministry says no Indian troops died along border
China’s foreign ministry said on Wednesday no Indian troops had died along the countries’ shared border, as fresh tensions flared up on the frontier. ( read original story …)
India secures its east after western Himalaya clashes with China
India has moved troops to its eastern stretch of border with China since clashes erupted between the nuclear-armed rivals on the western part of their border in the Himalayas in June, a government … (…
China Banks Have a Problem $96 Billion Can’t Fix
In preparation to deal with ballooning bad debts and future losses, provisions rose sharply by 656 billion yuan ($95.8 billion) for souring loans. Prudent as that may seem, the worst is yet to appear. (…
Mainland China reports 8 new coronavirus cases vs 10 a day earlier
Mainland China reported eight new Covid-19 cases as of Sept 1, down from 10 a day earlier, China’s national health authority said on Wednesday. ( read original story …)
‘Only Way to Stop Provocations is by Standing up to Beijing’: US Lashes Out at China over LAC Violations
Meanwhile, the Pentagon on Tuesday slammed China for “using coercive tactics in pursuit of territorial and maritime claims in the South and East China Seas, as well as along its border with India and ……
China Rapidly Increasing Nuclear, Naval, and Next-Gen Tech, Pentagon Warns
The PLA is preparing for modern, networked warfare with more artificial intelligence, warships, and even a space station. ( read original story …)
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