Teva Pharmaceutical said on Monday that China has given the go-ahead to its Austedo treatment for Huntington’s disease. ( read original story …)
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China brands Trump, Pompeo and White House adviser Navarro as a ‘lying trio’ as it intensifies anti-US campaign due to coronavirus tensions
CGTN, the English arm of Beijing’s state broadcaster CCTV, accused the Trump administration of ‘spinning a web of coronavirus lies’ to dodge their responsibilities after failing to tackle COVID-19. ( read original story …)
In Pandemic, Wall Street Better Off In China
This is going to rub the China short sellers the wrong way. But make no mistake about it, if an investor’s goal is to make money, and not lose it, China wins. China’s stock market…
Nearly Half of Consumers in China Will Visit Restaurants Less Often Post-Pandemic
Cities in China have begun lifting shelter-in-place restrictions to gradually reopen restaurants, shops and other public spaces—but many consumers are still wary about venturing out. ( read original story …)
As India rolls out the welcome mat to manufacturers looking to leave China, what does it have to offer?
On top of India’s large, ready market, its latest targeted campaign comes after years of investor-friendly moves in easing land acquisition, introducing a bankruptcy code, and simplifying and cutting … ( read original story …)
China’s Huawei Hits Out at U.S. ‘Stranglehold’ as Chip Maker TSMC Reportedly Cuts Ties
“The U.S. is leveraging technological strengths to crush companies outside its own borders. This will only serve to undermine the trust international companies place in US technology,” Huawei said. ( read original story …)
China’s Xi says supports WHO probe when COVID-19 controlled
China supports a comprehensive review of the global response to the COVID-19 pandemic led by the World Health Organization (WHO) after the virus that causes the disease is brought under control, … ( read original…
RPT-U.S. mulls paying companies, tax breaks to pull supply chains from China
U.S. lawmakers and officials are crafting proposals to push American companies to move operations or key suppliers out of China that include tax breaks, new rules, and carefully structured subsidies. ( read original story …)
More than 120 countries are backing a UN motion to investigate the origins of the coronavirus, despite China’s objections
Diplomats are gathering around a resolution to be presented at an upcomign World Health Assembly meeting, which began as a push to scrutinize China. ( read original story …)
China eases resistance as calls mount for global probe into coronavirus origin
Beijing says it “took an active part” in drafting a formal call at the World Health Organization for a global investigation into the source of the coronavirus. ( read original story …)
Clashes Again Break Out in Hong Kong Legislature as Pro-Beijing Committee Chair Is Elected
Also Monday, 15 pro-democracy figures, including media tycoon Jimmy Lai, appeared in court to face charges relating to anti-government protests … ( read original story …)
China Jan-April fiscal revenues down 14.5% year-on-year: finance ministry
China’s fiscal revenues fell 14.5% on-year in the first four months of the year to 6.213 trillion yuan ($872.76 billion), the country’s finance ministry said on Monday. ( read original story …)
QE or not QE? China’s central bank grapples with policy dilemma
China’s plans to step up stimulus support for the virus-ravaged economy have promoted a heated debate among economists and advisers over whether the central bank should monetize its fiscal deficit … ( read original story…
