The U.S. ambassador to China will step down early next month, ending a three-year tenure marked by a trade war and increasingly bitter relations between the world’s two largest economies … ( read original story…
Monthly Archives For September 2020
Coronavirus, climate and trade: EU-China relations put to the test in virtual summit
The EU and China are having a meeting on Monday to take stock of their investment negotiations. However, experts doubt that there will be any major developments. ( read original story …)
Chinese banking sector’s new yuan loans up in first 8 months
(Xinhua) — The Chinese banking industry’s new yuan-denominated loans hit 14.4 trillion yuan (about 2.11 trillion U.S. dollars) in the first eight months of the year, according to the China Banking … ( read original…
China braces for a wave of financial distress
A lot of the mergers that are happening are not even making the news Alicia Garcia-Herrero, Natixis It was the second time in 12 months that a bank linked to Xiao was seized by the…
China will not carry out mass vaccinations, Beijing health chief says
Director of the Chinese Center for Disease Control and Prevention, Dr Gao Fu, said nationwide coronavirus vaccinations would only be necessary if there was another major outbreak. ( read original story …)
UPDATE 1-EU, China sign food protection deal ahead of challenging summit
The European Union and China signed a deal on Monday to protect each other’s exported food and drinks items from feta cheese to Pixian bean paste ahead of challenging discussions on trade, climate … (…
Trump’s ambassador to China unexpectedly retiring before election amid high tensions
The State Department did not immediately give reason as to why Terry Branstad was leaving the post ahead of the U.S. election … ( read original story …)
Gardner Is Right: NASA Must Confront the Growing China Threat | Opinion
While President Trump has done more than any administration to stop this growing national security threat emanating from the communist Chinese regime, the latest front on this battlefield is occurring … ( read original story…
U.S. Ambassador to China Terry Branstad is stepping down
The ambassador was highly praised in tweets by Secretary of State Mike Pompeo, but there’s indication as to why he’s leaving the role now. ( read original story …)
China’s national blockchain project to support DAML smart contract language
The Blockchain Services Network (BSN), the largest blockchain infrastructure initiative in China, now has a unified smart contract programming language. Red Date Technology, a major tech company … ( read original story …)
Cryptocurrency Lending Seeing Growth, Fueled By Shadow Banks: Analyst
Transactions vary from those involving the borrowing of cash with crypto-collateral, the lending of both cash and crypto-currencies as an investment, and borrowing crypto-currencies against other … ( read original story …)
Bank of America Hires Zhang for China Business, Memo Says
Bank of America China has hired Wenjie Zhang as managing director and president, according to a memo seen by Reuters. Zhang will be based in Shanghai and will be appointed as branch manager of Bank…
China says no need to vaccinate entire population against Covid-19 at this stage, only frontline workers
Not everyone in China will need to get vaccinated against Covid-19, according to the country’s top medical official, as Beijing looks to prioritize frontline workers and high-risk populations in a … ( read original story…
