Chinese stocks listed in the U.S., including China Telecom Corp. and Pinduoduo Inc., fell on the prospect of further sanctions that would remove more of the Asian nation’s biggest companies from … ( read original…
Monthly Archives For January 2021
What should investors do as China Mobile, other telecoms companies face US delisting?
The Trump administration will restrict trades in 35 companies with ties to Chinese military, including China Mobile, China Telecom and China Unicom, on January 11. ( read original story …)
China’s antitrust crusade against tech sector signals new policy direction
While it’s clear from the Central Economic Work Conference there would be no sudden turn in overall policy, the antitrust measures underline Beijing’s bottom line of preventing systemic risk. ( read original story …)
China tells inefficient firms to shape up or prepare to go bust
China is turning the screws on the nation’s companies as authorities seek to take advantage of the global pandemic to strengthen its industrial might. After letting inefficient firms survive for years … ( read original…
Wall Street Steps Up Hiring in China, With Analysts in Demand
Fresh hiring in China by global banks including JPMorgan Chase & Co. and Nomura Holdings Inc. as Beijing opens its $53 trillion financial market helped push the nation’s headcount of research analysts … ( read…
Pompeo Cites China, North Korea as Trump’s Unfinished Business
Secretary of State Michael Pompeo said Monday that he regrets the U.S. hadn’t made more progress in resolving “hard issues” with China or getting North Korea to shed its nuclear arsenal, while saying … (…
China Aims To Dominate Flash Memory
China’s growth in advanced semiconductor production is no accident, and many US firms are accelerating the trend. ( read original story …)
China giving COVID-19 vaccine to 50 million in a month, Israel vaccinating so fast it’s running out of vaccine
China is aiming to administer the first dose of the vaccine to 50 million people before Jan. 15 and the second shot by Feb. 5. Lunar New Years festivities begin on Feb. 11. Health officials…
Beijing’s Bid for Financial Supremacy
China plans to displace the U.S. as investors’ top target, and global crises have sped up its effort. ( read original story …)
Alibaba’s Woes Continue as Jack Ma Disappears From Public View
Alibaba’s founder hasn’t appeared in public since late October, when he criticized the government’s regulatory approach. ( read original story …)
Hong Kong not an ‘independent judicial kingdom’: pro-Beijing heavyweight doubles down on reform calls
Pro-Beijing heavyweight Tam Yiu-chung has doubled down on calls to reform Hong Kong’s judiciary, expressing regret that “judicial independence” has been misinterpreted as “an independent judicial … ( read original story …)
Universal Beijing Resort prepares for full operation
On the last day of 2020, Universal Beijing Resort announced the completion of major construction on its capital theme park and it is now moving full-speed ahead in preparation for the much anticipated … (…
In a Topsy-Turvy Pandemic World, China Offers Its Version of Freedom
Surveillance and censorship bolster Beijing’s uncompromising grip on power. But in the country’s cities and streets, people have resumed normal lives. ( read original story …)
