Beijing has ordered all schools to close and imposed restrictions on visits to all residential compounds in an escalation of measures to halt a fresh outbreak. The Chinese capital city reported 31 … ( read…
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China Stock Market May See Continued Strength
Among the actives, Industrial and Commercial Bank of China climbed 1.15 percent, while Bank of China advanced 0.87 percent, China Construction Bank collected 0.64 percent, China Merchants Bank jumped … ( read original story …)
China’s economy may grow 3% in 2020, government researcher says
China’s economy may grow 3% this year as the government ramps up policy support, said Zhang Ming, a researcher at the Chinese Academy of Social Sciences, a top government think tank. ( read original story…
Testing Tradition, Trump Taps US Official to Lead Latin Bank
The Trump administration plans to nominate its top White House official for Latin America to lead the Inter-American Development Bank. ( read original story …)
Why Goldman Is Siding With China on This Huawei Play
Analysts are split over the future of SMIC, a semiconductor foundry that supplies the tech giant. So far, the believers are winning. ( read original story …)
How does China’s people-centric approach work?
China has pledged to eliminate poverty and complete the building of a moderately prosperous society this year, according to a government work report submitted to the third session of the 13th National … ( read original…
China Is Condemning Racism in the US. Here’s Why Its Brand of Propaganda Is Problematic.
“Perhaps by emphasizing racism in the U.S., the Chinese government is trying to brush over its own society’s problems with racism.” … ( read original story …)
Beijing coronavirus outbreak piles pressure on Communist party
China’s leaders have been fighting coronavirus from behind Beijing’s walls for months. Authorities have spared no expense to keep the capital city of 20m safe from contagion — even going as far as … (…
Beijing Shuts Schools; Japan Export Slump Deepens: Virus Update
(Bloomberg) — Concerns grew about a new wave of coronavirus infections, with Beijing shutting its schools in an escalation of measures to halt a fresh outbreak. Japanese exports fell at a faster pace … (…
China takes ‘wartime emergency’ measures to head off 2nd COVID-19 wave
The entire city of Beijing is now on a soft lockdown as authorities race to test tens of thousands of people. ( read original story …)
Beijing city reports 31 new coronavirus cases vs 27 a day earlier
Beijing’s city government reported 31 new confirmed coronavirus cases as of end-June 16, up from 27 cases reported a day earlier as the city moves to curb the spread of the disease. ( read original…
Barrick Gold sells majority stake in China’s Shandong for $210 million
Canadian gold producer Barrick Gold said on Tuesday it sold a partial stake in Shandong Gold Mining Co for $210 million, profiting off a rise in share price of the Chinese gold miner. ( read…
Trump administration nominates American to head Inter-American Development Bank, breaking with tradition
The Trump administration said Tuesday it will nominate Mauricio Claver-Carone, the current head of Western Hemisphere affairs at the National Security Council, as president of the Inter-American … ( read original story …)