Hong Kong and China stocks fell before lunch on Wednesday, as investors weighed a delay in the development of a vaccine against signs of economic recovery in the United States and mainland China. The ……
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Beijing pillories Pentagon report on Chinese military ambitions
China on Wednesday condemned a Pentagon report for claiming Beijing wants to double its stockpile of nuclear warheads within a decade as it seeks to deter the United States from any intervention … ( read…
Beijing rewrites Hong Kong schoolbooks to show sovereignty
Hong Kong’s school textbooks will change the way they describe the territory’s constitutional arrangements and no longer refer to a separation of powers between the executive, legislative and judicial … ( read original story …)
Coronavirus live updates: Beijing to resume direct international flights; WHO warns ‘winter is coming’
The coronavirus has infected more than 25.7 million people around the world so far, killing at least 857,700 people. ( read original story …)
Mongolians stage rare protests in China against plans to remove language from schools
“This is the total eradication of Mongolian language, culture and identity,” said Enghebatu Togochog, director of a Mongolian rights group. ( read original story …)
America, Don’t Try to Out-China China
Beijing’s nationalism will be self-defeating in the long term. Washington should just let that run its course. ( read original story …)
US banking giant Citigroup granted custody licence in China as mainland fund sector further opens up
Chinese regulators have granted a domestic fund custody licence to Citigroup, making it the first American bank to receive one after mainland regulators tweaked the rules this year to further open up … ( read…
Ant Group plans to raise more funds in Shanghai than Hong Kong in giant IPO: sources
China’s Ant Group plans to raise more funds on Shanghai’s Nasdaq-style market than in Hong Kong as part of its up to $30 billion dual listing, people with direct knowledge of the matter said, in…
China’s economy is positioned to grow by more than 2% this year, leading the regional recovery: Analyst
Tuuli McCully of Scotiabank states that China has been leading the regional recovery as reflected in its services and manufacturing sector, and that China is positioned to have a relatively solid … ( read original…
China will gradually resume direct international flights to Beijing
China’s aviation regulator said on Wednesday it will resume direct flights to Beijing from eight countries including Thailand, Cambodia, Greece, Denmark, Sweden and Canada from Sept. 3. ( read original story …)
Pompeo Condemns Iran’s Silence on China Uyghurs After Khamenei Says UAE ‘Betrayed’ Islam
Secretary of State Mike Pompeo has accused Iranian Supreme Leader Ayatollah Ali Khamenei of encouraging violence on Twitter, as Tehran continues its campaign against the Israel-United Arab Emirates … ( read original story …)
Citi becomes first US bank to win custody prize in China
Citigroup has become the first US bank to receive a fund custody licence in China, allowing it to provide a core service to global asset managers as they rush to participate in the opening up…
What will a Wish IPO look like? We may know soon
Wish, the San Francisco-based, 750-person e-commerce app that sells deeply discounted goods that you definitely don’t need but might buy anyway when priced so low — think pool floats, guinea pig … ( read original…
