Midway through trading Wednesday, the Dow traded up 0.58% to 30,511.01 while the NASDAQ rose 0.31% to 12,889.63. The S&P also rose, gaining 0.37% to 3,740.85. ( read original story …)
Monthly Archives For December 2020
Bullish China Vows Continued Push for Taiwan ‘Unification’ in 2021
Beijing will continue to actively push for Taiwan’s “unification” with China in 2021 despite a year of “unprecedented conflict,” its Taiwan Affairs Office said Wednesday. Hinting at the United States … ( read original story…
Jack Ma’s wealth tumbles by $12 billion in 2 months as China seeks to shrink the billionaire’s financial empire
Jack Ma’s net worth has dropped from about $62 billion to $50.9 billion, according to the Bloomberg Billionaires Index, as Beijing tightens its grip. ( read original story …)
China Heads into 2021 with Wind at Its Back
Chinese economic strength seems likely to continue in 2021 as global trade keeps recovering and consumers regain confidence. ( read original story …)
Special Report-Nuns arrested as Beijing turns up heat on Church in Hong Kong
By Greg Torode HONG KONG (Reuters) – In a high-walled Art Deco villa in the Hong Kong suburbs of Kowloon, the Vatican operates an unofficial diplomatic mission, its only political outpost of any … (…
Xi says China, EU investment deal will offer better business environment
China’s President Xi Jinping said on Wednesday an investment deal with the EU will offer bigger markets and a better business environment for both Chinese and European investments, the official Xinhua … ( read original…
Europe strikes major investment deal with China despite US concerns
Europe has finalized an investment agreement with China that is designed to rebalance trade with the world’s second largest economy, despite US concerns that the deal could be counterproductive. ( read original story …)
China Military Assets ‘Fully Deployed’ on Disputed Border, India Air Chief Says
Indian and Chinese forces have been locked in a stalemate along the 2,100-mile Line of Actual Control since deadly skirmishes claimed the lives of at least 20 soldiers in the summer. ( read original story…
China and E.U. Leaders Strike Investment Deal, but Political Hurdles Await
The agreement, which would roll back restrictions on investment, faces some opposition in Europe and objections from the Biden camp. ( read original story …)
Nuns arrested as Beijing turns up heat on Church in Hong Kong
Clerics see arrests as a sign China wants to shut Hong Kong’s unofficial Vatican mission, where nuns work. The diocese has also moved to curb activist voices. ( read original story …)
China-EU investment deal: Beijing relents on human rights but will it shift on trade unions?
China will pursue the ratification of key global human rights conventions starting next year as a compromise on a forced labour controversy that once stalled investment deal talks with the European … ( read original…
Amid virus fears, China urges workers to skip holiday travel
China is encouraging tens of millions of migrant workers not to travel home during next February’s Lunar New Year holiday to prevent further spread of the coronavirus … ( read original story …)
China’s COVID Whistleblower Doctor First Reported Patients One Year Ago
Ophthalmologist Li Wenliang was given an official reprimand for “spreading false rumors.” The Chinese government exonerated him after his death. ( read original story …)