The change in plans for the $600 billion Thrift Savings Plan for federal workers comes as the Trump administration ramps up criticism of China. ( read original story …)
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US formally accuses China of hacking US entities working on COVID-19 research
The US government has formally accused China today of orchestrating cyber-attacks against US companies working on COVID-19 research. The accusations were levied in a joint stateme … ( read original story …)
FBI accuses China of attempting to steal US COVID-19 research
The FBI warns that China-backed hackers are attempting to steal COVID-19 research from organizations in the US. ( read original story …)
China Calls GOP Bill to Sanction Country ‘Highly Immoral,’ Says U.S. Is Trying to ‘Deflect Responsibility’ For Coronavirus
Foreign Ministry spokesperson Zhao Lijian said Senate Republicans should focus on the coronavirus outbreak instead of “racking their brains to distract attention.” … ( read original story …)
China’s top banking, insurance regulator opens WeChat account
The China Banking and Insurance Regulatory Commission (CBIRC), the country’s top banking and insurance regulator, launched its WeChat public account on Saturday as a new channel of policy … ( read original story …)
Fall From Grace: Luckin Coffee’s Former Billionaire CEO Fired Amid Fraud Scandal
Jenny Zhiya Qian, who led Luckin Coffee’s meteoric rise from a single shop to Starbucks’ biggest rival in China, was fired after an internal probe revealed that some of the company’s sales figures … (…
Chinese State Media Warns Beijing Will Resist U.S.-Taiwan Collaboration Over WHO and Coronavirus
The U.S. has called for Taiwan to be invited to the coming World Health Assembly as an observer, a move that goes against Beijing’s “One China” policy. ( read original story …)
Beijing hits back at Trump call to block US pension fund investment in China
Beijing officials have been worried since late last year that Mr Trump would follow up his two-year China trade battle with action in financial markets. The latest shot in that conflict was fired on ……
FBI: China trying to hack U.S. firms for coronavirus data
The FBI and the Cybersecurity and Infrastructure Security Agency warned Wednesday the Chinese government and affiliates are looking to hack U.S. organizations doing coronavirus research. ( read original story …)
The US and China are on the brink of a new Cold War that could devastate the global economy
The relationship between the US and China was already teetering close to the edge of a cliff before COVID-19, but the pandemic pushed it right off. ( read original story …)
In South Korea And China, Loosening Restrictions Brings Coronavirus Resurgence
Both countries eased some of their intensive rules after new cases slowed to a trickle. But clusters have cropped up again this month, and authorities are ramping up testing to try to curb the spread.…
US says China trying to steal COVID-19 vaccine research
US authorities warned healthcare and scientific researchers Wednesday that Chinese-backed hackers were attempting to steal research and intellectual property related to treatments and vaccines for … ( read original story …)
China Market Update: Tencent Earnings Beat Estimates, MSCI To Increase China Weight In EM Index By 1%
Hong Kong volume leader Tencent (700 HK) eased -0.32% ahead of its earnings release while Meituan Dianping jumped +5.45% on news that MSCI would increase its index weight. ( read original story …)
