China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. Now it says it needs to pick up the pace this year. ( read original story…
Monthly Archives For March 2021
Two Sessions: China targets economic growth of more than 6% in 2021
China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. Now it says it needs to pick up the pace this year. ( read original story…
China Boosts Defense Spending by 6.8% in Slight Uptick
China has announced a slight uptick in defense spending by 6.8% amid high government debt and the impact of the coronavirus pandemic impact. ( read original story …)
Beijing Demands More Consumer Data From Jack Ma’s Ant Group
Although Jack Ma agreed to turn over Ant Group’s customer financial data, regulators are not satisfied with the quality of what’s been submitted. ( read original story …)
China announces “over 6%” economic growth target, tech plans
China’s top economic official has announced a healthy growth target and plans to become a more self-reliant technology leader amid tension with Washington and Europe over trade, Hong Kong and human ri … ( read…
China set to overhaul HK electoral system
Beijing plans to overhaul Hong Kong’s electoral system to ensure “patriots” are in charge, a senior official said.A draft decision on the reforms will be discussed at China’s biggest political meeting … ( read original…
U.S. Commerce head to use tool to limit tech exports to China firms to ‘full effect’
New U.S. Commerce Secretary Gina Raimondo said she will make full use of a powerful regulatory tool that has been deployed to limit the flow of U.S. technology and products to China’s Huawei and ……
U.S. imposes trade sanctions on Myanmar, calls on China to help end coup as violence escalates
State Department strongly condemns the increase violence against protestors in Myanmar, suggests further action is coming … ( read original story …)
China has given away millions in its digital yuan trials. This is how it works
The People’s Bank of China has been developing the digital yuan, a so-called central bank digital currency that aims to replace some of the cash in circulation. ( read original story …)
China’s 2021 Targets; Hong Kong Electoral Overhaul: NPC Update
China’s most senior officials will be gathering in Beijing over the next week for the annual full-session of the country’s parliament, the National People’s Congress. Closely watched during that … ( read original story …)
Imax Revenues Get Lift From China Moviegoing Revival, but COVID-19 Takes a Toll
Imax’s quarterly revenue beat Wall Street’s expectations even as its losses were steeper than expected. The theater company reported revenues of $56 million, a 55% drop from the prior-year quarter’s … ( read original story…
China’s Top Tech Dealmaker Ramps Up Push Into IPO Underwriting
China’s top technology dealmaker is ramping up its push into investment banking, as markets from Shanghai to Hong Kong prepare for another booming year of initial public offerings. ( read original story …)
Biden Must Expose China’s COVID-19 Cover-Up | Opinion
The United States’ ability to prevent the next pandemic is riding on the outcome of the investigation into COVID-19’s origins. The pandemic’s impact on the American economy and society shows the … ( read original…
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