China is tackling unbridled borrowing in the real estate development sector anew with caps for debt ratios. Dubbed “the three red lines”, Chinese regulators outlined caps for debt-to-cash, debt-to-ass … ( read original story …)
Monthly Archives For September 2020
Swedish space agency halts new business helping China operate satellites
has decided not to renew those contracts or seek new business with China, it said on Monday. “The geopolitical situation has changed since these contracts were signed in the early 2000s. ( read original story…
U.S. Charges New York Police Officer With Acting as Agent for China
A federal indictment says New York police officer Baimadajie Angwang served as an intelligence asset to officials stationed at the Chinese consulate and used his position to provide them with access … ( read original…
Ocean observation satellite launches from China
C satellite lifted off from northwest China’s Jiuquan Satellite Launch Center. More From ABC News Like us on Facebook to see similar stories Please give an overall site rating: … ( read original story …)
NYPD officer arrested on charges of spying for China
A New York City police officer was arrested after allegedly spying on China’s behalf for the past six years.Baimadajie Angwang, 33, who worked as a community affairs liaison in Queens, spied on … ( read…
NYPD officer helped China spy on Tibetan community, feds say
Let them [superiors in Beijing] know you have recruited one in the police department,” Angwang told one of the Chinese government officials, prosecutors say. ( read original story …)
HSBC, Deutsche Bank Lead Bank Stock Sell-Off Following Money Laundering Allegations, Potential China Blacklist
HSBC Holdings plc (NYSE: HSBC) shares dropped more than 6% on Monday following reports the bank was involved in large-scale money laundering over a period of nearly two decades.Investors in HSBC and t … (…
Surrogate Cares for Baby Months After Giving Birth as COVID-19 Keeps Parents in China
Emily Chrislip and her husband Brandon initially agreed to care for the baby for a maximum of four weeks but it has now been over four months … ( read original story …)
World leaders mark UN at 75, challenged by COVID-19, US, China tensions
World leaders came together, virtually, on Monday (Sep 21) to mark the 75th anniversary of the United Nations, as the deadly coronavirus pandemic … ( read original story …)
N.Y.P.D. Officer Is Accused of Spying on Tibetans for China
Prosecutors said the officer told Chinese consulate officials that he could provide sensitive information about the internal operations of the Police Department. ( read original story …)
HSBC sinks to lowest level since April 2009 on concerns about Beijing punishment, investigative report
Fuelling the sell-off was a weekend report by the Global Times, a tabloid owned by the Chinese Communist Party, that HSBC may be sanctioned by Beijing for assisting the US in the investigations into ……
Week In Review: Zai Lab To Raise Up To $845 Million In Hong Kong IPO
Zai Lab of Shanghai is conducting a Hong Kong IPO that is expected to raise up to $845 million, offering 12.3% of the company’s expanded number of shares. ( read original story …)
Coronavirus pandemic likely ‘could have been prevented’ if China, WHO acted differently, report says
The coronavirus pandemic likely “could have been prevented” if the Chinese government acted more transparently and the World Health Organization wasn’t “complicit in the spread and normalization” of … ( read original story …)