The Philippine defense chief told his Chinese counterpart on Friday that Manila will adhere “without any possibility of compromise” to a 2016 international … ( read original story …)
Monthly Archives For September 2020
China’s Credit Growth Jumps in August in Boost for Recovery
China’s credit growth rebounded to the highest since March, as a surge in government bond issuance and other easing policies continues to take effect and support the recovery.Aggregate financing was 3 … ( read original…
Luxury Brands Face a Different Economic Crisis — and China — From 2009
For luxury brands, China is no longer a market for dumping unpopular inventory or lazily opening new stores and hoping for the best. ( read original story …)
Beijing to impose restrictions on all US diplomats in China
Beijing will impose “reciprocal restrictions” on all American diplomats on Chinese soil in response to curbs on its embassy personnel in the United States, China’s foreign ministry said Friday. ( read original story …)
China approves 1st human trials for COVID-19 nasal spray vaccine
China on Wednesday approved Phase 1 human testing of a COVID-19 nasal spray vaccine being developed by researchers at Xiamen University, Hong Kong University, and vaccine maker Beijing Wantai … ( read original story …)
German pork exports to China, some other non-EU countries suspended -ministry
European Union countries have been temporarily stopped after a case of African swine fever (ASF) was confirmed in a wild boar, Germany’s agriculture ministry said on Friday. ( read original story …)
Eastern Chinese city to tighten property market curbs
The eastern Chinese city of Changzhou will impose tighter restrictions on property transactions in a bid to defuse speculation in a market quickly recovering from the coronavirus crisis, the official … ( read original story…
China’s Aug new bank loans rise to 1.28 trln yuan, more than expected
Banks extended 1.28 trillion yuan ($187.25 billion) in new yuan loans, up from July and slightly exceeding analyst expectations, according to data released by the People’s Bank of … ( read original story …)
Baidu opens its robotaxis to the public in Beijing, making it the third city in China with service
Chinese internet giant Baidu launched a public robotaxi service in Beijing on Thursday as the country accelerates the commercial application of self-driving technologies across the country. Beijing is … ( read original story …)
Hollywood makes shameful assentions to Beijing
Hollywood is accommodating a new era of McCarthyism, imposed this time by Red China. It involves everything that Hollywood tells us that it hates — censorship, pressure to conform and … ( read original story…
China slams U.S. over cancellation of 1,000 student visas
The Department of Homeland Security has accused Beijing of abusing student visas to exploit American academia. ( read original story …)
UPDATE 1-Prada says China sales to date well above 2019 levels
Italian luxury goods group Prada’s sales in China have recovered strongly since shops reopened there and to date have risen well above last year’s levels, Chief Executive Patrizio Bertelli told … ( read original story…
UPDATE 1-China will suspend imports from companies if frozen foods test positive for coronavirus
China customs said on Friday that it will suspend imports from companies for a week if frozen food products test positive for coronavirus for the first or second time. ( read original story …)