Fickle and lacking vision and independence, the People’s Bank of China has encouraged risky corporate behavior and helped to make China one of the world’s most indebted nations. ( read original story …)
Monthly Archives For October 2020
Tencent-backed short video app Kuaishou Technology to file for Hong Kong IPO within two weeks, say people familiar
Founded in 2011, Beijing-based Kuaishou was initially launched as a tool … Kuaishou’s plan for a Hong Kong IPO has come amid increasing threats from Washington to decouple the world’s two biggest … ( read…
As the US retreats in a coronavirus-ravaged world, China is increasing its influence on the world stage
This is just the latest in a series of actions that China has taken to position itself at the forefront of the worldwide response to the virus, and which stands in contrast to the United…
Qian Xuesen: The man the US deported – who then helped China into space
A Chinese rocket scientist helped two superpowers reach the moon, but his story is remembered in only one of them. ( read original story …)
Xi Is Out to Prove That This Is China’s Moment
As the Chinese leadership discusses a five-year plan in Beijing this week, it could underestimate the United States. ( read original story …)
Lawyer for China exec accuses RCMP of lying about her arrest
A lawyer for a senior executive of Chinese tech giant Huawei on Wednesday accused a Canadian police officer of lying about why he didn’t arrest her immediately at Vancouver’s airport two years ago. Ri ……
China Charts Plans to Preserve Economic Growth Into 2030s
The first glimpse into China’s economic plans for the next five and 15 years will be unveiled Thursday when initial details are released on how the country will steer growth and develop industry in ……
US plays down China sanctions over Taiwan arms
A US official on Wednesday played down China’s threats to punish US companies for selling arms to Taiwan, saying that Beijing, not Washington, was jeopardizing regional stability. ( read original story …)
U.S. accuses eight in alleged plot to harass and intimidate citizens to return to China
FBI Director Christopher Wray speaks during a virtual news conference at the Department of Justice in Washington, U.S., October 28, 2020 Sarah Silbiger/Pool via REUTERS … ( read original story …)
Brazil’s coronavirus vaccine squabble another fight over US, China influence
Brazilian President Jair Bolsonaro killed a deal last week to buy a potential Covid-19 vaccine being developed by China, provoking a dispute with state governors and contradicting his own health … ( read original story…
Pompeo says China has brought lawlessness to Sri Lanka and the Maldives
U.S. Secretary of State Mike Pompeo said on Wednesday the Chinese Communist Party had brought lawlessness to Sri Lanka and the Maldives, as the top U.S. diplomat kept up tough criticism of China … (…
Seeking to expand their influence, China and Russia market coronavirus vaccines around the world
It could be a while before U.S. efforts to develop coronavirus vaccines benefit the developing world. China and Russia are trying to fill the void. ( read original story …)
Esper: New India-U.S. military pact meant to challenge China
An agreement between the United States and India calls for military cooperation and is a check on Chinese aggression, U.S. Defense Secretary Mark Esper said. ( read original story …)