As China’s leaders get ready to release their national development plan for the next five years, some government advisors emphasize the priority is building up China’s domestic strength. ( read original story …)
Monthly Archives For September 2020
Canadian Solar to raise $260M ahead of Chinese carve-out IPO
Canadian Solar (NASDAQ:CSIQ) says it plans to raise RMB1.78B (~$260M) in capital for CSI Solar, its module and system solutions subsidiary, a key step in qualifying for the planned carve-out IPO in … ( read…
Pompeo urges Vatican to condemn human rights abuses in China
U.S. Secretary of State Mike Pompeo is urging the Vatican to join the U.S. in denouncing violations of religious freedom in China … ( read original story …)
China’s Media Predicts Winter COVID Pain for U.S., Europe and India
Chinese state media has been at the forefront of Beijing’s efforts to avoid blame for the pandemic and malign its rivals’ response. ( read original story …)
China Evergrande Quells Cash-Crunch Worries With Investor Show of Support
China’s most-indebted property developer, China Evergrande, averted a near-term cash crunch, sending its shares and bonds sharply higher Wednesday—a surprising turnaround from less than a week ago. ( read original story …)
Germany welcomes China climate goal, sees need for EU action
German Chancellor Angela Merkel has welcomed China’s plan to be carbon-neutral by 2060, contrasting it with the U.S. failure to abide by the goals of the Paris climate accord … ( read original story …)
House GOP China task force releases report on combating Chinese Communist Party: ‘The U.S. must act decisively’
House Republicans Wednesday will release the results of their monthslong probe into the Chinese Communist Party (CCP) and how the U.S. can turnaround a “failed” engagement strategy that has put … ( read original story …)
Luxury brands bank on raring China market
Fervent shoppers have flocked again to the streets of Shanghai, where luxury stores like Prada and Louis Vuitton are counting on Chinese customers to open up their purses, after the global health … ( read…
China clamps down on climbing ‘wild Great Wall’
As China’s busiest holiday season approaches, Beijing has re-iterated that it will punish those who plan to climb the “wild Great Wall”.This refers to parts of the Great Wall that are unrestored and … (…
Japan’s Defense Ministry asks for decades-high 8.3% budget increase amid growing threats from China and North Korea
Japan’s Defense Ministry is asking for a 8.3% budget increase in 2020, its largest rise in more than two decades, in the face of China’s rapid military modernization and a looming threat from North ……
CLSA Exodus Deepens as Beijing Tightens Grip and Clamps Down on Pay
CLSA Ltd.’s former deputy chief executive officer and its head of compliance have joined an exodus from the Hong Kong brokerage after its state-owned Chinese parent tightened controls on decision … ( read original story…
Why China’s bet on ‘analogue’ Covid-19 vaccines could pay off
Three of the candidate vaccines developed in China use an old-fashioned technique, but they were among the earliest to enter mass testing. ( read original story …)
China’s plan for responding to global uncertainty is building up its own market, advisors say
Tensions between China and the U.S. have escalated in the last two years, beginning with trade and spilling over into technology and, to some extent, finance. Many economists predict China will … ( read original…