The Chinese city of Wuhan said on Friday it had detected the novel coronavirus on the packaging of a batch of Brazilian beef, as it ramped up testing of frozen foods this week as part…
Monthly Archives For November 2020
China’s Hong Kong crackdown poses an immediate challenge for Biden
Follow the latest on Election 2020 China keeps tightening its grip on Hong Kong. On Wednesday, Beijing forced the ouster of four lawmakers in the semiautonomous city’s local government who, under a … ( read…
WHO drops censorship of words ‘Taiwan’ and ‘China’ on social media after backlash
Heath body says countries’ names had been blocked on their Facebook page because of an ‘onlsaught’ of cyber attacks … ( read original story …)
Stress in China’s Credit Market Spills Over to Financial Stocks
The default of a Chinese coal miner has triggered mounting concern over the health of state-owned firms and their lenders. ( read original story …)
Former China Finance Minister Says U.S.-China Frictions May Not Ease Even With Biden as President
Trade frictions between the United States and China may not ease in the near term even if Joe Biden is president of the United States, former Chinese finance minister Lou Jiwei said on Friday. Lou,…
Business leader blueprint for winning back China
Alarmed by trade sanctions and China turning its back on a multi-billion dollar investment opportunity in LNG, Australian business leaders want the Morrison government to find a way out to stop the … ( read…
Shenzhen overwhelms Fujian in CBA
The Shenzhen Aviators breezed past the Fujian Sturgeons 115-94 in the Chinese Basketball Association CBA here on Wednesday … ( read original story …)
Daimler to revamp China plant to make Actros trucks as sales surge
Germany’s Daimler AG and its China commercial vehicle partner Beiqi Foton Motor Co plan to invest 2.75 billion yuan ($415.32 million) to build Mercedes-Benz-branded Actros heavy … ( read original story …)
Brazil trial of China’s Sinovac vaccine not affected by suspension
The two-day suspension of a late-stage clinical trial in Brazil for a COVID-19 vaccine developed by China’s Sinovac has not impacted the study, the head of the Sao Paulo institute running the trial … (…
China’s bank lending falls in October
China’s bank lending decreased in October after rising in the previous two months on the back of seasonal factors and lower government bond issuances, data from the People’s Bank of China, the central … (…
China unlikely to dilute fiscal stimulus package, say finance ministry officials
Policymakers are unlikely to make any changes to China’s existing fiscal stimulus package next year, but may focus on additional steps to bolster economic recovery, especially to improve people’s … ( read original story …)
China Says Hopes for IMF Consensus on New SDR Allocation
Zhongxia Jin, China’s executive director at the IMF, told an online event he hoped Washington’s opposition to a new SDR allocation would be overcome as many low-income countries’ liquidity problems … ( read original story…
Why Is China Regulating Big Tech Now?
But only in China can one vaguely worded, 22-page document on antitrust regulations ignite a $290 billion equity selloff. As investors nurse their wounds, they want to know, why is China regulating … ( read…
