Robert Gates, secretary of Defense under President Barack Obama, has written that Biden has been “wrong on nearly every major foreign policy and national security issue over the past four … ( read original story…
Monthly Archives For December 2020
About half of Hongkongers polled say city and Shenzhen more likely to compete than cooperate
Chinese University survey results also found about two-thirds of 703 respondents believed Shenzhen won’t be able to replace Hong Kong as a finance hub. ( read original story …)
China estimates shadow banking worth US$12.9 trillion as it moves to clean up high-risk sector
Authorities in China have pledged to crack down further on the nation’s high-risk shadow banking sector, which by official estimates was worth 84.8 trillion yuan (US$12.9 trillion) in 2019. ( read original story …)
China’s $13tn shadow banking sector gets clearer definition
China’s top banking regulator for the first time defined the criteria, scope and classification of the country’s nearly $13 trillion shadow banking sector in a continuing effort to defuse systemic … ( read original story…
China’s Exports Surge on Hot Demand for PPE, Remote Working Tech
China’s exports were supported by strong overseas … featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. The Most Important Ages … ( read original story …)
China becomes first country to execute robotic docking in lunar orbit
In this video from China’s space agency, the Chang’e 5 sample return mission ascent vehicle — with a crescent Earth behind it — approaches a return craft in orbit around the moon. Chang’e 5 completed…
‘Monster Hunter’ pulled from cinemas in China after ‘racist’ scene backlash
Hollywood fantasy action movie “Monster Hunter” has been pulled from theaters in China days after its release, following uproar on social media about a pun in the script that some viewers said was … (…
China’s Sinovac To Double Covid-19 Vaccine Output Anticipating Regulatory Approval
The company hopes to produce 600 million doses of its CoronaVac vaccine a year, enough for 300 million people. ( read original story …)
China Lenders’ Holdings of Corporate Debt Fall as Defaults Climb
China’s commercial banks are reducing their exposure to local corporate bonds after a spate of high-profile defaults rocked the nation’s credit markets in November. ( read original story …)
China Foreign Reserves at Highest Since 2016 as Trade Booms
China’s foreign exchange reserves rose by more than $50 billion in November to the highest since August 2016, likely boosted by the weaker dollar and a trade surplus at record highs. ( read original story…
China second to US in global arms market with three firms in top 10 manufacturers
Three Chinese arms companies have been ranked among the world’s top 10 for weapons sales in 2019 in a Stockholm security think tank’s annual list of the largest arms manufacturers. The United States … (…
Biden will inherit Trump’s trade war with China. What do Americans really think about tariffs?
As his presidential term winds down, Trump shows little sign of easing up on China — or the U.S.-China trade war. But what does the general public think about trade with China? In theory, Americans…
Covid-19 Vaccine, Airbnb, Stitch Fix, U.S.-China Tensions – 5 Things You Must Know Monday
Reports say the U.S. is preparing more sanctions on Chinese officials; Airbnb reportedly plans to boost the proposed price range of its IPO; Sports Illustrated announces the winners of its … ( read original story…
