(Bloomberg) — Hong Kong Chief Executive Carrie Lam vowed to continue strengthening ties with China, using an annual policy address to defend Beijing’s tightening grip over the financial hub and … ( read original story…
Monthly Archives For November 2020
China’s Finance World Opens Up to Foreigners, Sort Of
China’s more than $50 trillion financial services industry. Even a sliver can be lucrative. Not long ago Bloomberg Intelligence estimated that foreign banks and securities firms could be raking in … ( read original story…
South China Sea: Beijing ‘doesn’t want to upset neighbours’ with air defence zone
Beijing is unlikely to declare an air defence identification zone in the South China Sea in the next few years because it is too “complicated”, but it may happen if the situation changes, according to…
China Foreign Minister to Meet Japan’s Suga; Beijing’s First High-Level Contact With New PM
Chinese Foreign Minister Wang Yi will meet Japanese Prime Minister Yoshihide Suga on Wednesday, marking Beijing’s first high-level contact with Japan’s new leader. Wang met his Japanese counterpart … ( read original story …)
US telecoms regulator affirms China’s ZTE is a security threat
China Mobile, the right to provide US services, citing concerns China could use the approval to conduct espionage against the US government. New rules would impose tough penalties on UK telecoms firms … ( read…
China, Japan to resume two-way business travel by month’s end
Chinese Foreign Minister Wang Yi and his Japanese counterpart, Toshimitsu Motegi, agreed to resume business travel through a programme that will allow visitors to engage in limited activities during … ( read original story …)
Luxury fans in China chase neat shot of investment with vintage Moutai liquor
As luxury spending rebounds in China, consumers with money to burn have a new habit beyond fancy bags and watches: a taste for collector editions of fiery domestic liquor Moutai, not to drink but to…
Pope Decries Plight of Chinese Uighurs as New Catholic Bishop Is Ordained in China
The Catholic Church in China ordained its first bishop since Beijing and the Vatican renewed an agreement on episcopal appointments last month. But the move was followed swiftly by friction over Pope … ( read…
EXPLAINER: China’s claims of coronavirus on frozen foods
BEIJING (AP) — China has stirred controversy with claims it has detected the coronavirus on packages of imported frozen food. Frozen shrimp imported from an Ecuadorian company was banned for one week … ( read…
US watchdog affirms China’s ZTE poses national security threat
China Unicom and Pacific Networks Corp and its subsidiary ComNet (USA). Last week, the FCC said it was reclaiming International Signalling Point Codes assigned to China Telecom (Americas), saying it … ( read original story…
Surveillance in China: artist who hides from security cameras in Beijing wants to highlight invasions of privacy
He sees his work as enlightenment for the public. His latest project was a performance art piece that saw him lead a group in the capital Beijing down a street that avoided its numerous surveillance…
China Biologic Reports Financial Results for the Third Quarter of 2020
PRNewswire/ — China Biologic Products Holdings, Inc. (NASDAQ: CBPO, “China Biologic” or the “Company”), a leading fully integrated … ( read original story …)
China Makes a Safe Space for Consumers. Will They Spend?
Earlier this month, China loosened restrictions on licensed consumer finance companies to enable lower provision coverage ratios. That would allow them to lend more, and help consumers borrow more. ( read original story …)
