Boosted by a surge in demand for medical supplies, electronics and tech services, the city staged a remarkable recovery in the second quarter.. Read more at straitstimes.com. ( read original story …)
Monthly Archives For November 2020
China rises to 5G leadership
Visitors look at the 5G intelligent system exhibition booth of China’s Huawei at the 2019 World 5G Convention in Beijing, capital of China, Nov. 21, 2019. (Xinhua/Li Xin) China, leading the world in … (…
China Says It Grants More Debt Relief, Backs G-20 Coordination
So far, more than 40 countries have asked to delay $5 billion in official bilateral debt payments, according to the Institute of International Finance. Read more on how China’s Feud With Bondholders … ( read…
As China’s yuan becomes a Biden election play, PBOC pushes back
Speculative bets that Joe Biden will win the White House on Nov. 3 and bring a steadier tone to rocky Sino-U.S. relations have turbocharged the strongest yuan rally in years, and Chinese authorities … (…
Corona: The Curious CIA Satellite That Used a Unique Lens
The Corona satellite was used by the CIA for spying on the Russians and the Chinese. And its origins date back to World War II. ( read original story …)
Indebted China Evergrande to raise $2.2 billion from Xinjiang Guanghui stake sale
Debt-strapped China Evergrande will raise 14.9 billion yuan ($2.23 billion) by selling a 40.96% stake in Xinjiang Guanghui Industry Investment Group to Shenergy Co , a Xinjiang Guanghui … ( read original story …)
Breakingviews – Corona Capital: Netflix price hike
NEW YORK/LONDON/HONG KONG (Reuters Breakingviews) – Corona Capital is a daily column … travel restrictions with Singapore and mainland China. What’s more, deals like Ant’s, record $34 … ( read original story …)
Commentary: Postelection U.S.-China Trade Relations May Not Take the Expected Path
Instead of going it alone—the Achilles heel of the Trump interventions—Mr. Biden could wield the combined buying power of these allies to pressure China into making meaningful changes in sensitive … ( read original story…
Dealership inventories at Chinese brands remain high despite recovery
In September, the average backlog at dealerships stocking Chinese brands edged up to 51.3 days from 50 days the previous month, according to the China Automobiles Dealers Association. Average … ( read original story …)
Bank of Communications profit decline narrows
The Bank of Communications, one of China’s largest commercial banks, saw narrowing profit decline and growing revenue in the first three quarters of the year as the country’s economy recovers and … ( read original…
Bitterz: a Japanese Crypto Exchange Launching Today Is Giving Away Bitcoin!
Today (November 1), on behalf of Bitterz LLC (Hinds Building, Kingstown, St. Vincent and the Grenadines), we are pleased to announce that our global crypto exchange Bitterz in Japan will start to … ( read…
Mainland China reports 24 new COVID-19 cases vs 33 a day earlier
Mainland China reported 24 new COVID-19 cases on Oct. 31, down from 33 a day earlier, the country’s national health authority said on Sunday. ( read original story …)
Shanghai’s global hub ambitions take a hit as high-tech rival Shenzhen’s new-found autonomy threatens to put it in the shadows
Shanghai’s efforts to build itself into an international financial hub suffered a blow when Beijing granted greater autonomy to Shenzhen, according to analysts. ( read original story …)
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