“Truth! Truth! Truth,” shouted the dozens of people gathered outside a Chinese high school on Tuesday in a video widely circulated online. Holding white flowers, they demanded to know why a …
Monthly Archives For May 2021
As US pulls out of Afghanistan, China sees opportunities — and potential for chaos
China is conflicted about Afghanistan. Speaking at a forum of Central Asian leaders this week, Chinese Foreign Minister Wang Yi said Beijing supports the withdrawal of foreign troops from Afghanistan …
China’s Liaoning province plans merging local banks as early as June -sources
China’s northeastern Liaoning province plans to start merging local banks into one provincial lender as early as next month, three sources with direct knowledge of the matter said, as the rustbelt …
UK Exports to China Resume High Growth Trend in Q1 2021, After Plunging in 2020
UK companies are seeing a significant rise in exports of goods and services to China, despite the ongoing political relations between the two governments.
China stocks rise as financial, healthcare firms rebound; Hong Kong up
HK daily quota used 3% * FTSE China A50 +1.8% SHANGHAI, May 14 (Reuters) – China stocks climbed on Friday as financial and healthcare firms gained, leading a rally in Asian markets as U.S. Fed…
Reckitt Shortlists Bidders for $2 Billion Mead Johnson China Business – Sources
The group has hired Morgan Stanley to run an auction of infant formula unit Mead Johnson in Greater China, in a deal that could fetch over $2 billion. Morgan Stanley declined to comment. Also on…
US-China tech war: China’s biggest chip maker SMIC facing possible delays at new Shenzhen plant due to US restrictions
Semiconductor Manufacturing International Corporation (SMIC), the world’s fourth-largest foundry and China’s most advanced chip maker, said it may face delays at its new plant in Shenzhen due to US …
China Closes In On Japan At Beauty Giant Shiseido
Shiseido’s home market has underperformed during the pandemic while China’s consistently strong growth has tilted the company’s geographic weighting at lightning speed.
Australia will be ‘patient’ in trying to improve relations with China, says deputy prime minister
China said last week it would “indefinitely” suspend an economic dialogue it was to have held with Australia, the latest in the rift between both countries.
Tesla’s Model Y slumps in China sales rankings, data shows
Tesla’s Model Y, which launched to customers in China in January, fell to sixth place in April, down from third, according to China’s Passenger Car Association.
MSCI China Enters Bear Market After Tech Selloff; Alibaba Slumps
(Bloomberg) — China’s most widely-followed stock benchmark tumbled into a bear market after a selloff in some of the nation’s biggest technology firms. The MSCI China Index slid 3% Thursday, …
Mainland China reports first local COVID-19 cases in more than 3 weeks
Mainland China reported seven new COVID-19 cases on May 13, including its first local transmissions in more than three weeks, the country’s national health authority said on Friday. Two of the new …
China replaces Shenzhen leaders as housing prices soar
The Chinese technology hub of Shenzhen has replaced the mayor and and other top officials in what has been seen as punishment for failing to cool the city’s overheated real estate market. The Shenzhen …
