Chinese banks have recently stopped using what is known as a countercyclical factor, a move analysts said was likely intended to boost the currency’s international appeal rather than to drive it lower … ( read…
Monthly Archives For October 2020
Pompeo’s ‘strong remarks’ are needed to send a message to China, says former Indian ambassador
U.S. Secretary of State Mike Pompeo, who was on a visit to India, hit out at China for being “no friend to democracy.” … ( read original story …)
China’s new Silk Road runs through cyberspace, worrying rivals and privacy advocates
China is fast becoming a global leader in cutting-edge technologies — such as artificial intelligence, facial recognition, surveillance and 5G. But critics say China’s technology enables authoritarian … ( read original story …)
Shenyang Zhongjie, one of the first batch of pilot pedestrian streets in China, is officially opened
Shenyang Zhongjie, one of the first batch of pilot pedestrian streets in China, officially pierces its veil in recent days. The brand-new Zhongjie pedestrian street shows its amazing appearance in … ( read original story…
Are German carmakers too dependent on China?
One in three German cars are sold in China. The world’s largest car market is increasingly developing into a lifeline for manufacturers during the coronavirus pandemic. But this also creates risks. ( read original story…
Ant’s $48 IPO to propel Shanghai’s bourse past global rivals
The payments group’s blockbuster initial public offering will bring the total raised on the mainland Chinese exchange from primary and secondary listings to $US52.8b this year. ( read original story …)
Guangdong smash Sichuan, Shenzhen rally past Shanxi in CBA
(Xinhua/Sadat) The Guangdong Southern Tigers overwhelmed the Sichuan Blue Whales 111-90, while the Shenzhen Aviators ended their run of three straight losses after a 96-87 victory over the Shanxi … ( read original story …)
China’s domestic jet fuel demand back to near pre-COVID levels
China’s domestic aviation fuel consumption rebounded to near pre-COVID levels in September, thanks to a fast recovery in passenger travel and cargo freight, although demand from international flights … ( read original story …)
Budding skiers hit indoor slopes ahead of China’s 2022 Winter Olympics
Xia Zhiyi drove his family 40 kilometres (25 miles) to an indoor ski park in China’s eastern Shaoxing city so his 12-year old daughter could practise skiing on a slope of artificial snow. China hopes…
CSIS survey finds ‘clear’ preference for multilateral approach to U.S.-China relations
The biggest criticism of the Trump administration’s approach to China is its unilateral method, and it has not achieved the results that were hoped for, says Scott Kennedy of Center for Strategic and … (…
Pompeo, Esper Push Closer India Ties to Counter China Threat
U.S. Secretary of State Michael Pompeo and Defense Secretary Mark Esper pushed for closer ties with India at a high-level ministerial meeting with their Indian counterparts, at a time when New Delhi … ( read…
Bank of Japan will not rely on China for central bank digital currency research
A senior central bank official reckons that it is essential to understand CBDCs, not rely on China. The Bank of Japan (BOJ) has been under pressure to announce a sovereign digital currency launch … (…
Ant’s $48b IPO to propel Shanghai’s bourse past global rivals
“After this year there will be two IPO markets that matter in Asia … But the listings bonanza in mainland China’s financial capital has also been stoked by Beijing’s drive to get strategically … (…
ADVERTISEMENT
