Foreign Ministry spokesman Wang Wenbin told reporters at a daily briefing on Thursday (August 6) that China urged the United States to “correct its mistakes”. The Trump administration said on … ( read original story…
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Pro-China Populists Consolidate Power in Sri Lanka
The Rajapaksa family cemented its grip on Sri Lanka in parliamentary elections, according to results released Friday, gaining enough seats to push through constitutional changes increasing executive … ( read original story …)
Tigermed roars in its Hong Kong stock trading debut, as Asia’s largest health care IPO of 2020 draws traders to its clinical trials
It plans to use much of the US$1.38 billion raised to expand overseas, amid the huge surge in clinical trials for products related to potential vaccines and treatments for the coronavirus. ( read original story…
China Sentences a Fourth Canadian Citizen to Death on Drug Charges
Ye Jianhui was sentenced Friday by the Foshan Municipal Intermediate Court in the southern province of Guangdong … ( read original story …)
Why is Silicon Valley so chilled about the cold war with China?
To all appearances, Silicon Valley is remarkably chilled about the new cold war. But the extent to which the US tech sector has become dependent on China is under-appreciated. Beneath the rhetoric of … (…
China opposes U.S. orders against TikTok, WeChat, to defend interests
China’s foreign ministry firmly opposes executive orders announced by U.S. President Donald Trump banning U.S. transactions with the Chinese owners of messaging app WeChat and video-sharing app TikTok … ( read original story …)
Europe Stocks Slip as U.S.-China Technology Dispute Intensifies
European stocks opened slightly lower on Friday after a slump in Asian equities that followed two U.S. executive orders against China’s most popular mobile apps, raised fears of further escalation, … ( read original story…
Trump Widens China Tech Attack, Ordering Bans on TikTok and WeChat
President Donald Trump signed a pair of executive orders prohibiting U.S. residents from doing business with the Chinese-owned TikTok and WeChat apps beginning 45 days from now, citing the national … ( read original story…
China’s New Yuan Loans Expected to Fall in July: Reuters Poll
China’s new bank loans are expected to fall in July after record lending in the first half of the year, but are still likely to be higher than a year earlier, … ( read original…
China Becomes a Refuge for U.S. Companies After Overcoming Covid-19
Despite rising political tensions, American brands have suffered little commercial fallout among Chinese consumers, enabling them to capitalize on the economic rebound in China … ( read original story …)
Jobs Report Expected to Show Momentum Slowing: Live Business Updates
China tensions, with a fresh labor report on tap. The July jobs report is likely to reflect lost momentum. China’s exports rise despite the virus, surprising economists. Denmark has one of the … ( read…
Hong Kong’s rich are moving gold out of the country on fears of what China’s draconian law may do to its autonomy
Hong Kong’s rich are moving gold out of the capital to ward off the impact of a Draconian law, the Financial Times reported Friday. The … ( read original story …)
China’s Baozun Picks Banks for Hong Kong Second Listing
China’s No. 2 online retailer JD.com Inc … please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ( read original story …)
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