Alibaba Group Holding Ltd and China Mobile Communications Group Co Ltd are considering investing 3 billion yuan ($443 million) in Zhejiang Dahua Technology Co Ltd, three people with knowledge of the … ( read original…
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America’s falling prestige is as big a problem as China’s rise
The confusion in US politics cannot be ignored. Australia should consider hedging its bets by broadening our ties with like-minded nations. ( read original story …)
Australia and China need to find common ground, former Australian prime minister says
Australia and China need to find common ground despite their differences, as the economic relationship between the two is an important one, said John Howard, former Australian prime minister. ( read original story …)
Australia can find ‘common ground’ with China despite tensions, former prime minister says
Australia’s relationship with China remains “very important,” and it is crucial in “difficult times” like the coronavirus pandemic to find areas of common agreement, says John Howard, former … ( read original story …)
How China’s Interest Rate Toolbox Is Evolving and Why
The approaching demise of the discredited London Interbank Offered Rate (Libor) is prompting major central banks globally to create new benchmarks. The People’s Bank of China wants to elevate another … ( read original story…
Standard Chartered CEO says Hong Kong is ‘very, very safe’ as banking center
“The fact is Hong Kong is sitting here as the gateway to China for capital into China and out of China. That’s only become more clear,” said StanChart’s CEO Bill Winters. ( read original story…
Alibaba’s Newest Business: Modernizing China’s Factories
Alibaba Group Holding Ltd. helped modernize brick-and-mortar retail with consumer data and online services. Now it hopes to do the same for China’s multitrillion-dollar manufacturing arena.China’s lar … ( read original story …)
‘Careful what you say’: Business leader warns Australia on China diplomacy
Australia should speak its mind “in private” with China as it flexes its muscles and fills the superpower vacuum left by the decline of the US, a global business leader has warned. ( read original…
China sends satellites into space in first sea-based commercial launch
China has successfully sent nine satellites into orbit in its first commercial launch of a rocket from a platform at sea, state media reported on Wednesday. ( read original story …)
Pandemic Sharpens ‘Battle for the Soul’ of United Nations Between U.S. and China
In a declaration to mark the 75th anniversary of the United Nations – agreed by the General Assembly in July and to be adopted by world leaders on Monday – the United States, Brit ……
China says military drills near Taiwan were a ‘necessary action’
Chinese military drills off Taiwan’s southwest coast last week were a “necessary action” to protect China’s sovereignty, Beijing said on Wednesday, after Taiwan complained the large-scale air and … ( read original story …)
Baidu (BIDU) Expands Apollo Go Robotaxi Service to Beijing
Baidu (BIDU) launches Apollo Go Robotaxi service in Beijing in a bid to expand its share in the self driving space. ( read original story …)
China’s central bank stresses its central role in new sovereign digital currency
China is developing a sovereign digital currency with the primary goal of defending the state’s monopoly on minting money, meaning the central bank will play a central role in the issuance and … ( read…