Australia’s gross domestic product (GDP) could be hit by as much as 2.8% due to the escalating trade tensions with China, according to Capital Economics. ( read original story …)
Monthly Archives For December 2020
US extends China military investment ban to subsidiaries
The US Treasury department said on Monday that an executive order issued by Donald Trump banning investments in Chinese companies with suspected military ties would apply to subsidiaries, embracing a … ( read original story…
Alibaba’s Woes Deepen in China Over Ant Group. Why the Stock Is Starting to Look Oversold.
China’s regulators have instructed Alibaba’s sister financial company Ant Group to “return to its origins” as a simple payments network. ( read original story …)
Converse recasts itself as ‘brand of youth’
In a self-conducted market survey, Converse has found many consumers in China consider it an old brand. The finding has pushed the sportswear maker to launch campaigns and innovations to change that … ( read…
China Sentences a Former Lawyer Who Reported on the Coronavirus Outbreak to Four Years
A Chinese court on Monday sentenced a former lawyer who reported on the early stage of the coronavirus outbreak to four years in prison on charges of “picking fights and provoking trouble,” one of her…
Wuhan doctor hailed for first reporting coronavirus defends China’s handling of outbreak saying there was no cover-up
Zhang Jixian tells state media that the country ‘certainly did not conceal the relevant data’ from the rest of the world. ( read original story …)
China Covid-19: How state media and censorship took on coronavirus
By the end of 2020, a glance at Chinese state-controlled media shows that both appear to be under control. The BBC’s Kerry Allen and Zhaoyin Feng take a look back at the country’s online government…
Beijing appoints new ‘wolf warrior’ envoy as Liu Xiaoming retires
China’s “wolf warrior” ambassador to Britain is expected to be replaced with an equally aggressive diplomat who has clashed repeatedly with the West over the repression in Hong Kong.Liu Xiaoming, one … ( read original…
Beijing’s Bigger Honey Trap
Eric Swalwell and Hunter Biden are only the tip of the Chinese influence iceberg. ( read original story …)
China grapples with stagnant inflation as consumers remain cautious
But even when food and energy are stripped out, China’s core inflation has remained at 0.5 per cent for the past five months — its lowest level since 2010, and a puzzle given that China…
China’s central bank orders Jack Ma’s Ant Group to overhaul business
Beijing has ordered Ant Group to overhaul lucrative parts of its business after accusing the Chinese payments company of “turning a blind eye” to regulatory issues in the latest official broadside at … ( read…
China’s Economy Is Still Months Away From a Full Recovery, Business Survey Finds
China has not fully recovered from the shock of the coronavirus pandemic, business leaders said in a survey by the China Beige Book released Tuesday. ( read original story …)
Top five China commodities to eye for growth in 2021
A China-led economic recovery should boost demand for these commodities in 2021 after COVID-19 roiled global markets in 2020. ( read original story …)
