US President Joe Biden’s US$1.9 trillion American Rescue Plan received final approval from the US Congress on Wednesday, but concerns have been raised about its potential to cause further financial … ( read original story…
Monthly Archives For March 2021
China Stock Market Has Solid Lead For Friday’s Trade
The China stock market on Thursday wrote a finish to the five-day slide in which it had retreated more than 210 points or 6.3 percent. The Shanghai Composite index now sits just beneath the ……
Explainer: What is China’s Consumer Rights Day?
It’s a day that big brands fear.Starbucks, Apple, and Burger King have all been burnt by it.The annual World Consumer Rights Day – on March 15 – has become a major TV and social media…
Li Keqiang says China will continue to work with WHO on coronavirus origins
Thursday, come as a WHO team is preparing to release a report on their recent 28-day mission in Wuhan, where the virus was first identified in late 2019. There has been scrutiny over whether the…
Hong Kong braced for exodus after Beijing vote crackdown
Britain and Australia are among countries ready for an imminent influx of Hongkongers amid fears that Beijing will soon bar dissidents from leaving.China’s grip on the city tightened yesterday when … ( read original story…
Power or Profits: Beijing’s Pension Dilemma
The Chinese badly need places to invest savings, but the necessary reforms endanger the party’s rule. ( read original story …)
Despite Transatlantic ‘Love Fest’, EU Charts Third Way in Ties With US and China
Despite Transatlantic ‘Love Fest’, EU Charts Third Way in Ties With US and China BRUSSELS (Reuters) – U.S. Secretary of State Antony Blinken’s first videoconference with European Union foreign … ( read original story …)
China to try two Canadians charged with espionage ‘soon’: Global Times
China will “soon” hold its first trial for Canadians Michael Spavor and Michael Kovrig, who have been held in China since late 2018 and who were formally charged with espionage in June 2020, the ……
China’s $1 Trillion Stock Rout Pinned on Panicky Fund Investors
As China’s stock market stabilizes after a $1.3 trillion rout, it’s becoming clear that the mutual fund industry is being put at the center of the turbulence. ( read original story …)
‘Seafood exports to China have seen a 40% decline during April-December of FY21’
How are seafood exports to China in the current fiscal? There are reports of containers being held up in Chinese ports and payment issues. In value terms (US$), exports to China have seen a 40%…
I.O.C. Will Buy Coronavirus Vaccines From China for Olympians
The agreement with a powerful Olympic partner may help reassure a skeptical Japanese population fearful of thousands of visitors to this summer’s Games. ( read original story …)
China, Iran, North Korea seek support at U.N. to push back against unilateral force, sanctions
NEW YORK (Reuters) – China, Russia, North Korea, Iran and others are seeking support for a coalition to defend the United Nations Charter by pushing back against the use or threat of force and ……
Australian timber faces protracted logjam amid China’s import freeze
Australia is bracing for a drawn-out disruption to its A$1.6 billion ($1.23 billion) annual timber trade with China after requests to Beijing’s customs officials to resume the log exports were ignored … ( read original…