China is building villages near its disputed border with India, only months after fatal skirmishes in the Galwan Valley between the two militaries, according to a Hindi news channel in India. ( read original story…
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Oil falls on surging virus cases and U.S.-China tensions
Oil prices slipped on Monday as the positive impact from COVID-19 vaccines and an OPEC+ deal on oil production cuts was undermined by surging coronavirus cases and heightened tensions between the … ( read original…
Is the U.S. Justice Department Surrendering To China? | Opinion
Meng’s fate is not something to be bargained away. The mere act of Washington participating in negotiations with her is, by itself, a win for Beijing. ( read original story …)
Liz Peek: Biden and China – 4 reasons he can’t be trusted to protect US from Beijing
Robert Gates, secretary of Defense under President Barack Obama, has written that Biden has been “wrong on nearly every major foreign policy and national security issue over the past four … ( read original story…
About half of Hongkongers polled say city and Shenzhen more likely to compete than cooperate
Chinese University survey results also found about two-thirds of 703 respondents believed Shenzhen won’t be able to replace Hong Kong as a finance hub. ( read original story …)
China estimates shadow banking worth US$12.9 trillion as it moves to clean up high-risk sector
Authorities in China have pledged to crack down further on the nation’s high-risk shadow banking sector, which by official estimates was worth 84.8 trillion yuan (US$12.9 trillion) in 2019. ( read original story …)
China’s $13tn shadow banking sector gets clearer definition
China’s top banking regulator for the first time defined the criteria, scope and classification of the country’s nearly $13 trillion shadow banking sector in a continuing effort to defuse systemic … ( read original story…
China’s Exports Surge on Hot Demand for PPE, Remote Working Tech
China’s exports were supported by strong overseas … featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. The Most Important Ages … ( read original story …)
China becomes first country to execute robotic docking in lunar orbit
In this video from China’s space agency, the Chang’e 5 sample return mission ascent vehicle — with a crescent Earth behind it — approaches a return craft in orbit around the moon. Chang’e 5 completed…
‘Monster Hunter’ pulled from cinemas in China after ‘racist’ scene backlash
Hollywood fantasy action movie “Monster Hunter” has been pulled from theaters in China days after its release, following uproar on social media about a pun in the script that some viewers said was … (…
China’s Sinovac To Double Covid-19 Vaccine Output Anticipating Regulatory Approval
The company hopes to produce 600 million doses of its CoronaVac vaccine a year, enough for 300 million people. ( read original story …)
China Lenders’ Holdings of Corporate Debt Fall as Defaults Climb
China’s commercial banks are reducing their exposure to local corporate bonds after a spate of high-profile defaults rocked the nation’s credit markets in November. ( read original story …)
China Foreign Reserves at Highest Since 2016 as Trade Booms
China’s foreign exchange reserves rose by more than $50 billion in November to the highest since August 2016, likely boosted by the weaker dollar and a trade surplus at record highs. ( read original story…
