Joe Biden’s administration views China differently, and Jim Cramer tells the November meeting of the Action Alerts PLUS investing club what that means for investors. ( read original story …)
Monthly Archives For November 2020
As Hong Kong Opposition Quits Council, Pro-Beijing Forces Reign
Establishment lawmakers were already discussing which policies they could fast-track, while the pro-democracy camp pondered its next move. ( read original story …)
China to ship 3 billion parcels during post-COVID Singles’ Day
China’s e-commerce behemoths Alibaba and JD.com again claimed to have set records during the world’s largest shopping event, Singles’ Day. The figures can often be gamed to paint a rosy picture of … ( read…
China’s ByteDance Challenges Trump’s TikTok Divestiture Order
ByteDance, the Chinese parent company of video-sharing app TikTok, filed a petition late on Tuesday with a U.S. Appeals Court challenging a Trump administration order set to take effect on Thursday … ( read original…
Argentina says China has found coronavirus trace on beef shipment packaging
Argentine authorities said on Thursday that they had been informed about an alleged finding by China of traces of COVID-19 on the external packaging of a shipment of the South American country’s beef. ( read…
Trump Bars Americans From Investing in Firms That Help China’s Military
President Trump signed an executive order prohibiting Americans from investing in a clutch of Chinese companies the Trump administration says supply and otherwise support China’s military … ( read original story …)
UPDATE 2-China Oct bank loans fall more than expected but broader credit growth quickens
Oct new loans 689.8 bln yuan vs f’cast 800 bln yuan * Oct M2 money supply +10.5% y/y, vs f’cast of +10.9% * Oct outstanding TSF growth quickens to 13.7% from 13.5% in Sept BEIJING,…
China prepares to impose new limits on its tech giants.
China’s potential new rules take aim at online platforms, proposing limits on exclusivity requirements, selling products below cost and different treatment of partners based on algorithms. They follow … ( read original story …)
Tencent Pledges Cooperation as China Scrutinizes Competition on Internet Platforms
Tencent, the world’s biggest videogame company by revenue, said its profit in the September quarter soared 89% to 38.54 billion yuan, equivalent to $5.81 billion, from the same period last year. ( read original story…
China’s military advances have pushed Japan to develop its own stealth fighter, analysts say
Beijing’s aggressive behavior is seen as the “primary catalyst” for Tokyo’s move, according to one analyst. ( read original story …)
China Completes Subjugation of Hong Kong, Comes for America | Opinion
On Thursday, all 15 of the remaining pro-democracy lawmakers in Hong Kong resigned from the Legislative Council after staging a noisy protest in the legislature’s chamber. The day before, the … ( read original story…
Why China Is Creating a New Asia-Pacific Trade Pact: QuickTake
First President Donald Trump withdrew the U.S. from a 12-nation, pan-Pacific trade deal known as the TPP. Then Prime Minister Narendra Modi pulled India out of another regional grouping led by China … ( read…
China’s President Xi Jinping Pulled Plug on Jack Ma’s Ant IPO
Senior government leaders were furious about the wealthy entrepreneur’s criticisms of regulators in an Oct. 24 speech. The rebuke was the culmination of years of tense relations between China’s most … ( read original story…