US Secretary of State Mike Pompeo called China’s Communist government a “predator” Wednesday as he sought to tempt Sri Lanka away from Beijing’s influence and later bolstered the US diplomatic … ( read original story…
Monthly Archives For October 2020
China’s First Marine Ranch Platform is Anchored Off Yantai, China
The Genghai No 1, China’s first ecological marine ranch platform, is anchored off the coast of Yantai, Shandong Province, on Thursday, October 29, 2020. The new intelligent complex makes use of … ( read original…
Fish are Netted at a Marine Ranch Platform in Yantai, China
Chinese men net thousands of farmed fish at the Genghai No 1, China’s first ecological marine ranch platform, anchored off the coast of Yantai, Shandong Province, on Thursday, October 29, 2020. The … ( read…
China’s Fifth Plenum: What You Need to Know
China’s leaders issued a blueprint for the next five years – and beyond. Below, the highlights. The fifth plenum of the Chinese Communist Party (CCP)’s 19th Central Committee wrapped up in Beijing on … (…
Crypto-Lottery: China’s Solution for Re-Stimulating the Covid Era Economy
China’s state-run People’s Bank of China is currently backing the currency, as part of the government initiative to create a cashless society, with digital currencies ideally cheaper and easier to … ( read original story…
New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
New York state’s financial regulator is urging firms to pay closer attention to financial risks associated with climate change. In a letter sent to all regulated entities on Thursday, the New York … ( read…
China Construction Bank posts 4.1% fall in third-quarter profit
BEIJING/SHANGHAI, Oct 29 (Reuters) – China Construction Bank Corp, the country’s second-biggest lender by assets, reported a 4.1% fall in third-quarter net profit on Thursday after setting aside … ( read original story …)
Boeing’s China aviation business in the spotlight after Beijing announces sanctions on defence unit
China’s sanctions on Boeing Defense do not include penalties on the firm’s commercial aviation business, but analysts say Beijing is ‘sending a message’. ( read original story …)
China turns to domestic demand to power economy
Xi Jinping’s administration will focus on ‘self-sufficiency’ in a range of technological sectors dominated by the US … ( read original story …)
China Says Economy Will Reach ‘Moderately Developed’ Level Within 15 Years
Chinese leaders vowed Thursday to pull China’s per-capita output levels up to that of “the middle level of developed economies” within 15 years, an ambitious task that economists say will require … ( read original…
China’s leaders vow to become self-reliant technology power
China’s leaders are vowing to make their country a self-reliant “technology power” as a feud with Washington cuts access to U.S. computer chips and other high-tech components, hampering Beijing’s … ( read original story …)
TikTok owner ByteDance launches education technology brand Dali for China
By Yingzhi Yang and Brenda Goh BEIJING (Reuters) – Beijing-based ByteDance announced a standalone education technology (edtech) brand Dali for the Chinese market on Thursday, becoming another major … ( read original story …)
Chinese leaders target ascent as a ‘technology power’
China’s leaders vowed Thursday to speed up its development as a self-reliant “technology power” as a feud with Washington cuts access to U.S. components and hampers Beijing’s … ( read original story …)
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