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Monthly Archives For May 2021
China Slams ‘Wanton Destruction’ of International Norms after G7 Nations Voice Concern on Hong Kong, Tibet, Uyghurs
G7 foreign ministers in a statement cast China as a bully and accused the nation of committing human rights violations.
Blinken Jousts with China and Russia in United Nations Meeting
President Biden’s top diplomat said the United States would uphold international rules and “push back forcefully” against those who don’t, a sharp contrast to the Trump years.
NYSE to Delist Chinese Telecoms Carriers After Rejecting Appeals
China’s big three telecoms carriers lost their appeals against being kicked off the New York Stock Exchange, and will be delisted to comply with an investment ban introduced by former President Donald …
Margin pressure at China’s major banks may ease as economic SOS wanes
The largest banks in China may see easing pressure on their net interest margins, after they stayed in contraction in the first quarter, as lenders may extend fewer loans at the cheapest interest …
China’s African take-over: How Beijing has built infrastructure, lent billions and located its first overseas military base there – as top US general warns more could follow in …
General Stephen Townsend, America’s top brass in Africa, warned this week of a new Chinese naval base in Africa that he said would allow it to project power across the Atlantic.
WHO approves a Covid-19 vaccine from China’s Sinopharm for emergency use
The World Health Organization announced on Friday it had approved a COVID-19 vaccine from China’s state-owned drugmaker Sinopharm for emergency use. The vaccine, one of two main Chinese shots that …
WHO panel OKs emergency use of China’s Sinopharm vaccine
The World Health Organization gave emergency use authorization Friday to a COVID-19 vaccine manufactured by China’s Sinopharm, potentially paving the way for millions of the doses to reach needy …
China Says ‘Vast Majority’ of Rocket Will Burn Up on Re-Entry, Low Threat to People
China said that a “vast majority” of its rocket expected to plummet back to Earth over the weekend will burn on its re-entry and poses a low threat.
April: China’s forex reserves rise
China’s foreign exchange reserves expanded to $3.1982 trillion at the end of April, official data showed on Friday. The total was up by $28.2 billion, or 0.89 percent, from the end of March, according …
China’s export numbers stick to high growth trajectory, with more to come
With vaccine rollouts accelerating and more economies opening up, China’s export growth was widely expected to moderate this year as consumers start to spend more on services. But April’s data shows …
Three Gorges unit preps $3.5bn IPO to push Xi’s clean energy agenda
State-owned China Three Gorges, best known as the operator of the world’s largest hydroelectric power plant, is preparing to list a wind and solar power subsidiary in Shanghai in what would be the …
“Mystery boxes” in China discovered to have suffocating puppies and kittens inside
Shopping sites in China are being accused of animal cruelty for allegedly shipping “mystery boxes” to customers containing live puppies and kittens. According to local reports, many of the animals …