Contemporary Amperex Technology Co Ltd, a Chinese battery maker, will cooperate with Huawei Technologies Co, a technology giant, and Changan Automobile, a vehicle maker, to build a brand-new high-end … ( read original story …)
Monthly Archives For November 2020
China’s manufacturing accelerates in November
China’s manufacturing activity accelerated in November as its rebound from the pandemic gained strength, a survey showed Monday, while the United States and Europe struggled with rising infections and … ( read original story …)
China-EU decoupling not an option but Beijing must step up on markets, human rights, virus: German envoy
A decoupling between China and Europe is not a policy option for Germany, but Beijing should ensure equal footing for market competition and address concerns about human rights, Germany’s ambassador … ( read original story…
China’s vaccines may have ‘appeal’ in developing countries, economist says
Developing countries may have a long wait for a vaccine developed in the West, but there’s always the option of turning to China , says an economist from DBS. ( read original story …)
China central bank offers salve to jittery markets with surprise MLF injection
China’s central bank surprised markets on Monday with an injection of medium-term cash into the banking system, in what traders and analysts viewed as a move to calm nerves rattled by a string of ……
Australian winemaker to pivot from China in wake of trade fight
Australia’s biggest listed winemaker will diversify away from China as it said Beijing’s move to slap tariffs on imports from the country threatens almost a third of its earnings. Treasury Wine … ( read original…
Australia demands apology from China after fake image posted on social media
Australia’s Prime Minister Scott Morrison said on Monday Canberra is seeking an apology from Beijing about a Tweet containing a false image of an Australian soldier holding the knife to the throat of … (…
Breakingviews – Pinduoduo rises to China’s grocery challenge
Pinduoduo is rising to China’s grocery challenge. The e-commerce company unveiled plans to raise as much as $6.1 billion partly to expand next-day delivery for fresh produce. Competition is fierce and … ( read original…
China’s factory activity expands at fastest pace in over three years
China’s factory activity expanded at the fastest pace in more than three years in November, keeping it on track to be the first major economy to fully recover from the coronavirus crisis. ( read original…
China Factory Activity Edges Up In November: Official Data
China’s factory activity grew at its fastest pace in over three years in November, official data showed Monday, as the world’s second-largest economy continued its recovery from the coronavirus. The … ( read original story…
China says official manufacturing PMI for November is 52.1 — beating expectations
The official manufacturing PMI reading is better than the 51.5 forecast by analysts in a Reuters poll and October’s official reading of 51.4. ( read original story …)
Exclusive: Trump to Add China’s SMIC and CNOOC to Defense Blacklist – Sources
The Trump administration is poised to add China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and … ( read…
In his own words: German ambassador to China on Hong Kong, the economy and the Indo-Pacific
Berlin’s China envoy Clemens von Goetze reflects on a challenging year for bilateral relations and the future outlook. ( read original story …)