A “wartime state” has been declared in Urumqi, the capital of China’s western Xinjiang region, after a spike in cases of coronavirus. Officials on Saturday said 17 new cases had been recorded and … (…
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China Is Dismantling the Empire of a Vanished Tycoon
Next Magazine, via Associated Press By Alexandra Stevenson HONG KONG — Xiao Jianhua was once a trusted financier to China’s ruling elite who came to represent an era of unbridled capitalism. But three … (…
U.S. IPO Week Ahead: Software Provider Jamf Takes The Spotlight In A Diverse 4-IPO Week
Four IPOs and one SPAC plan to raise $663 million … The company currently provides over 400 vocational training courses in China, and its online education platforms had 60 million registered … ( read original…
AP FACT CHECK: Trump and the virus-era China ban that isn’t
President Donald Trump’s “ban” on travel from China is his go-to point when defending his response to the coronavirus pandemic. The problem with his core argument starts with … ( read original story …)
China to offer more financial support for flood-hit areas
China’s banking and insurance regulator on Saturday announced measures to further increase credit and lending support and insurance protection for areas that suffered from recent floods. ( read original story …)
Floods kill 14 in China as water peaks at Three Gorges Dam
BEIJING — At least 14 people have died in the latest round of seasonal rains and flooding in southern China, as soldiers and workers built makeshift barriers with sandbags and rocks Saturday to … (…
Indonesia overtakes China with highest coronavirus cases in East Asia
JAKARTA (Reuters) – Indonesia overtook China on Saturday as the country with the most confirmed coronavirus cases in East Asia with 84,882 infections, and authorities said the actual infection rate … ( read original story…
Covid Gives China’s Beauty Brands Enhanced Allure
The country’s cosmetic makers are challenging foreign rivals, helped by patriotic buying and a shift to online commerce. ( read original story …)
China’s regulators break down Xiao Jianhua’s financial empire, seizing Tomorrow Group’s insurers, trust firms and brokers
China’s financial regulators seized control of several insurers, trust firms and stock brokers linked to one of the country’s most powerful oligarchs, in a devastating blow against corporate … ( read original story …)
China Takes Over Companies Linked to Disappeared Financier
Chinese regulators will assume control of nine financial firms that are linked to a financier who was taken from a hotel in Hong Kong by Chinese authorities in 2017 and hasn’t been seen in public…
William Barr cites Disney, Apple in speech accusing U.S. companies of ‘kowtowing’ to China
In a speech in Michigan, the attorney general fired another broadside in the Trump administration’s campaign against China. ( read original story …)
US tech and film ‘collaborating’ with China – Barr
His intervention is the latest criticism of China by White House and other US officials. Tensions between the US and China have been rising over a host of issues. The US this week removed Hong…
UPDATE 1-Mainland China reports 22 new coronavirus cases, including 16 in Xinjiang
Urumqi, the capital of China’s far western region of Xinjiang, said it has launched emergency response plan after the city reported 16 new coronavirus cases on Friday. The regional government said all … ( read…
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