The Chinese government has denied it obstructed Taiwan’s coronavirus vaccine purchase from BioNTech, after the island’s health minister revealed that its deal with the German drugmaker fell through at … ( read original story …)
Monthly Archives For February 2021
China’s clampdown on Jack Ma’s Ant boosts rivals
China’s crackdown on Jack Ma’s Ant Group is boosting rival lenders that charge much higher interest rates, raising fears that Beijing’s drive to lower credit risk could actually spur a wave of … ( read…
Allegations of shackled students and gang rape inside China’s detention camps
On the first day of her new teaching job at a Chinese government-run detention center in Xinjiang, Qelbinur Sidik said she saw two soldiers carry a young Uyghur woman out of the building on a…
Insight – Central bank digital cash spooking shadow economy to crypto
IF central bank digital cash is to rapidly replace banknotes, a shadow economy worth trillions of dollars may creep deeper into the darkness. ( read original story …)
COVID-19: After WHO’s probe in Wuhan, China calls for origin tracing in US
Following the World Health Organisation’s (WHO) remarks on the origin of coronavirus in China’s Wuhan city, Beijing has now urged the global health body to do an origin-tracing study of the virus in … (…
Commodity prices are going up — but how long the rally lasts depends on China
The last supercycle happened in the mid-2000s before the global financial crisis and peaked in 2008 as China grew to become a commodity powerhouse. ( read original story …)
China Bank raises P20 billion from three-year bonds
CHINA BANKING Corp. (China Bank) raised P20 billion from its issuance of three-year bonds to be used for its expansion programs and other strategic initiatives. The issued volume was four times its … ( read…
HSBC: Your bank in your pocket
That’s why the Bank has acted swiftly and launched a number of initiatives last year to enhance its digital services in response to the crisis. These initiatives included mobile account opening for … ( read…
China set to be first country where e-commerce sales outstrip bricks-and-mortar retail in 2021
Some 52.1 per cent of China’s overall retail sales are expected to come from the nation’s booming e-commerce sector next year, according to research firm eMarketer. ( read original story …)
China Drives Wedges in Europe to Break Up US Proposed Alliance
While U.S. President Joe Biden has been calling world leaders trying to build an alliance of Western democracies to counter China, Beijing also has been reaching out to the region. Since December, … ( read…
Beijing faces new abuse claims from Xinjiang
A former teacher and ex-detainee alleges gang rape and torture of women inside China’s vast network of detention camps. CNN’s Ivan Watson reports. ( read original story …)
China’s central bank pumps cash into the financial system
China’s central bank pumped cash into the financial system through open market operations on Thursday to maintain liquidity in the market. A total of 200 billion yuan (about $31 billion) was injected … ( read…
Moncler Focuses on China, Online, New Genius Phase and Stone Island
Moncler chief Remo Ruffini mapped out 2021 projects as the company reported a performance last year that beat analysts’ expectations. ( read original story …)
