So, the natural question for Fortune Sun (China) Holdings (HKG:352) shareholders is whether they should be concerned by its rate of cash burn. In this article, we define cash burn as its annual … (…
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Renewed Covid-19 outbreaks in South Korea and China show the continued risk of reopening
That two countries which appeared to be on top of the virus are again reporting domestic transmissions demonstrates the potential risk of opening up too soon. ( read original story …)
Australia expects China to keep barley, COVID-19 issues separate
Australian Prime Minister Scott Morrison said on Monday he expects Beijing to keep its judgment on whether Australia dumped barley into China separate from protests over Canberra’s call for an inquiry … ( read original…
Australia not as vulnerable to Beijing’s trade threats as it appears
It is questionable timing, given the recent threats of economic retaliation from the Chinese embassy in Canberra. Since 32.6 per cent of Australian exports go to China, Beijing has the ability to act … (…
China hits back at so-called coronavirus ‘lies’ by US politicians as war of words escalates
China has struck back at what it calls “24 lies” by US politicians in the most sweeping and detailed rebuke yet of accusations over its handling of the novel coronavirus outbreak. ( read original story…
Tesla Model 3 sales in China plunge 64% in April despite electric car market recovery
Tesla sold 3,635 Model 3 cars in April — much lower than 10,160 in March, data from the China Passenger Car Association showed. ( read original story …)
China raps state miner Minmetals for renewed environmental failures
China’s environment ministry on Monday called on China Minmetals Corp [CHMIN.UL] to improve implementation of environmental protection measures and oversight of subsidiaries in a less than glowing … ( read original story …)
China Mobile International geared to support South African enterprises during global COVID-19 pandemic
With the global COVID-19 in full swing, enterprises need to utilise secure, cloud-based applications to keep their businesses running efficiently. China Mobile International (CMI) offers … ( read original story …)
U.S. Won’t Tolerate Technology Fence-Sitters any Longer
Ever since Donald Trump fired the first shot in the U.S. trade war with China, one technology company has been sitting in the middle, trying to avoid the crossfire. It’s wonderful to be able to…
China auto sales mark first gain in almost two years as virus curbs ease
China’s monthly auto sales rose for the first time in almost two years in April, industry data showed, as more customers visited showrooms after the economy began to open up and authorities loosened … (…
China auto sales up 4.4% in April, first rise in almost 2 years
China’s auto sales in April rose 4.4% from a year ago, industry data showed on Monday, marking the first uptick in business for the world’s biggest car market that has seen a prolonged slump of…
Sony suspends PlayStation Store in mainland China to upgrade security
Sony has suspended its PlayStation Store in mainland China saying it wanted to improve the online store’s security, in a move that will temporarily prevent it from selling games in the world’s largest … (…
China under pressure to write off loans as countries struggle to repay debt during coronavirus crisis
China could find itself having to write off massive loans as countries that owe Beijing money under its massive infrastructure project struggle with mounting debts. ( read original story …)
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