China’s commerce ministry said on Monday it launched an anti-subsidy investigation on some glycol ethers imports from the United States starting from Sept. 14. China had in late August launched an … ( read original…
Monthly Archives For September 2020
China wants its semiconductor industry to catch up with the U.S. — but that won’t be easy
As the U.S. puts pressure on China’s technology sector, Beijing is looking to boost its homegrown semiconductor industry. But its reliance on foreign tech creates big challenges. ( read original story …)
UPDATE 1-China’s new home prices growth steady, supports economic recovery
August new home prices up 4.8% y/y vs 4.8% increase in July * 59 out of 70 cities reported higher prices vs 59 in July (Adds details, analysts comments) BEIJING, Sept 14 (Reuters) – New…
China Clamps Down on Finance Arms of Ant, Other Giants
China is tightening rules and imposing capital demands on sprawling empires such as Ant Group and China Evergrande Group in its latest attempt to curb risks in the nation’s $49 trillion financial … ( read…
RPT-EXCLUSIVE-China would rather see TikTok U.S. close than a forced sale – sources
Beijing opposes a forced sale of TikTok’s U.S. operations by its Chinese owner ByteDance, and would prefer to see the short video app shut down in the United States, three people with direct knowledge ……
China’s Aug new home prices rise at slightly faster pace
New home prices in China rose at a slightly faster monthly pace in August, as consumer demand continued to recover from the coronavirus crisis. ( read original story …)
EU and China talk trade despite rifts
EU leaders will talk to Chinese President Xi Jinping seeking trade and investment Monday, despite tensions over Hong Kong’s freedoms and Beijing’s treatment of its Uighur minority. ( read original story …)
China ditches US nuclear technology in favour of home-grown alternative
China has switched from American nuclear power technology to a domestically developed alternative as worries over energy security and geopolitical uncertainties increase. The AP1000 technology, … ( read original story …)
China’s Demand for Condo Butler Service Sparks 390% Stock Gain
Surging demand for butler-like concierge service at the millions of condominiums in China is creating one of the hottest sectors in the nation’s stock market. ( read original story …)
China’s Aug new bank loans rise more than expected, broad credit growth quickens
Chinese banks extended more new loans in August than expected, while broad credit growth quickened, pointing to continued policy support as the economy recovers from a record coronavirus -induced … ( read original story …)
Beijing seeks vengeance after Czechs back Taiwan
Beijing has warned Chinese citizens against traveling to the Czech Republic in apparent retaliation against its show of support for Taiwan.It follows a recent visit by Czech politicians to Taiwan, a … ( read original…
Coronavirus: Beijing’s back and forth lockdown
In June, Beijing experienced a sudden surge of cases linked to a wholesale market, leading authorities to immediately quarantine close contacts, lockdown nearby areas, and mass test residents. The … ( read original story …)
RPT-Australia defends intelligence raids as spat with China escalates
Australia’s Home Affairs Minister Peter Dutton on Sunday defended the government’s right to intelligence raids to prevent foreign interference, after China condemned searches on the homes of its … ( read original story …)
