China increased its purchases of U.S. goods … The two sides have “smooth” communications on agriculture and finance in the meeting, which had “a good atmosphere,” according to Taoran … ( read original story …)
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China state-owned firms’ January-July profits down 30.4% year-on-year – finance ministry
BEIJING (Reuters) – Profits at China’s state-owned firms in the January-July period fell 30.4% from a year earlier to 1.48 trillion yuan ($214.34 billion), the finance ministry said in a statement on … ( read…
China Fires Missiles Into Disputed Sea; U.S. Sanctions
China tensions over the South China Sea escalated on Wednesday with Beijing firing four missiles into the disputed waterway and the Trump administration strengthening action against companies that … ( read original story …)
U.S. slaps trade sanctions on more Chinese entities, this time for South China Sea island building
The U.S. placed 24 Chinese companies on its trade blacklist over China’s construction of islands in the South China Sea. ( read original story …)
Brazil asks China for proof chicken wings had coronavirus
Brazil has asked Chinese authorities to provide results of laboratory tests that detected traces of the novel coronavirus on chicken wings exported by the South American country, according to a … ( read original story…
China’s Ailing Factories Need a Little Christmas Cheer
Nobody has canceled any orders in the last six to eight weeks, so everybody is being very optimistic that Christmas will happen,” says Cave, whose company is one of the world’s biggest manufacturers … (…
U.S. slaps trade sanctions on more Chinese entities, this time for South China Sea activities
The U.S. placed 24 Chinese companies on its trade blacklist over China’s construction of islands in the South China Sea. ( read original story …)
US moves against Chinese officials over South China Sea
The Trump administration said Wednesday it is imposing sanctions on Chinese officials responsible for Beijing’s military build-up in the South China Sea. The move is the … ( read original story …)
Trump’s Pick for Latin Bank Wants to Counter China Influence
A senior adviser to U.S. President Donald Trump said he would build the Inter-American Development Bank into a financial heavyweight to counter China’s influence in the Western Hemisphere should he … ( read original story…
Mike Pompeo renews attack on HSBC as bank walks line between US and China
The Trump administration is waging an escalating campaign against China, which the US has censured over trade, coronavirus and spying claims amid renewed tensions in the South China Sea. Mr Pompeo has … ( read…
China Calls It A ‘Wartime Mode’ COVID-19 Lockdown. And Residents Are Protesting
Across China, life has largely returned to normal — except in the western region of Xinjiang. Some 22 million people have been under heavy lockdown since July — and they’re questioning its severity. ( read…
Expensive school in China partly demolished following reports
An upscale middle school that may have cost as much as $100 million has been partly demolished, following public criticism. ( read original story …)
China Market Update: Ant Group Files For Hong Kong IPO, US-China Trade Teams Talk
Asian equities had a mixed day on light summer volumes, despite news prior to the open that USTR Lighthizer and Treasury Secretary Mnuchin had a call with Vice Premier Liu He. Both sides had positive…