Powell made it clear that the ball is now in Congress’ court with regard to stimulating the US economy in a Wednesday press conference. ( read original story …)
Monthly Archives For September 2020
Chinese fishing flotilla nears Peruvian waters, prompting US-Beijing spat
Huge armada moves from Galápagos Islands towards Peru as China hits back after US embassy in Lima warned of danger of overfishing … ( read original story …)
Beijing Frets Over Losing Control of TikTok as It Debates App’s Fate
Chinese officials weighing an agreement to turn TikTok into a U.S.-based company are eager to ensure that the short-video app’s Chinese owner retains control over its global operations and that TikTok … ( read original…
380 secret detention camps for Muslim minorities found in China, group says
China appears to be expanding its network of secret detention centers in Xinjiang, where predominantly Muslim minorities are targeted in a forced assimilation campaign, and more of the facilities … ( read original story …)
China Evergrande Selloff Deepens as Concern Mounts Over Its Financial Health
China Evergrande’s bonds and shares came under a second day of heavy selling pressure, as investor concerns grew about the large property developer’s financial health despite its attempt to calm such … ( read original…
Evergrande potential cash crunch could roil China’s financial system- Bloomberg
China Evergrande Group (OTCPK:EGRNF) (OTCPK:EGRNY), the world’s most indebted developer, has told Chinese officials it faces a potential default that could reverberate through China’s $50T financial … ( read original story …)
China says US ‘should be held accountable for losing so many lives’ to COVID-19
SHOTLIST NEW YORK, STATE OF NEW YORK, UNITED STATESSEPTEMBER 22, 2020SOURCE: AFPTV 1. SOUNDBITE 1 – Zhang Jun, China’s ambassador to the United Nations (male, English, 16 sec): “If we do have to hold ……
China Unicom rebrands image to offer better 5G services
China Unicom, a major telecom operator in China, is rebranding its image to better attract consumers, and diversifying its 5G-powered services to tap into more business opportunities brought by the … ( read original story…
China Just Promised To Go Carbon Neutral By 2060. How Important Is That?
China’s direction is vital in the fight against climate change. But just how significant is Xi Jinping’s announcement on going carbon neutral? Experts at the University of Oxford speak to Forbes.com … ( read original…
What’s Biden’s real policy on China? Unlike Trump’s, it’s hard to know
No candidate wants to run against his own record, but President Trump’s China policy is forcing Democratic challenger Joe Biden to do just that. ( read original story …)
Shenzhen sees 20.7% annual GDP growth over 4 decades: mayor
South China’s metropolis of Shenzhen has seen its gross domestic product (GDP) grow 20.7 percent on average annually over the past 40 years, said Mayor Chen Rugui Thursday. The city is undergoing high … (…
Japan PM Suga and China’s Xi Hold First Talks by Phone on Friday: Kyodo
Japan’s new Prime Minister Yoshihide Suga and Chinese President Xi Jinping held talks by telephone on Friday, their first since Suga took over as Japan’s leaders this month, Kyodo News reported. ( read original story…
China combines QFII, RQFII schemes, expands foreign investment scope
China moved to further ease foreign access to its capital markets on Friday, officially combining two major inbound investment schemes and broadening foreign institutions’ investment scope. The … ( read original story …)