This notion dominated the thinking of U.S. foreign policy and business since President Richard Nixon and his national security consigliere Henry Kissinger began wooing China in 1972 in order to drive … ( read original…
FINANCE
Does Beijing’s Covid outbreak threaten China’s recovery?
Does Beijing’s Covid outbreak threaten China’s recovery? This month’s outbreak of coronavirus in Beijing has prompted concerns that a second wave of the pandemic could upset … ( read original story …)
Beijing proposes national security bureau for Hong Kong
China plans to establish a bureau in Hong Kong to investigate and prosecute crimes considered threatening to national security.The proposal forms part of a new national security law which Beijing is … ( read original…
Beijing pushes banks to preserve capital
A regional bank based in the Xinjiang region of China has slashed its dividend by 20% due to pressure from regulators, according to South China Morning Post. While the move is relatively inconsequent … (…
With China Sanctions, America Pushes the Limits of Its Financial Power
President Donald Trump subsequently ordered his administration on May 29 to revoke Hong Kong’s preferential treatment as a separate customs and travel territory from mainland China in response to … ( read original story …)
With Beijing-based bank set to fund Chennai Metro, officials urge ‘Make in India’ clause
Since AIIB is a multilateral development bank, officials feel that the clause would benefit Indian companies and help in creating jobs for Indians. ( read original story …)
Harboring Hong Kong ‘rioters’ will harm Taiwan, China says
Offering protection to “rioters” from Hong Kong will only harm Taiwan’s people and is an interference in the Chinese-ruled city’s affairs, China’s government said, denouncing plans by Taiwan to help … ( read original story…
Wins Finance Holdings Receives Nasdaq Notification of Noncompliance with Independent Director and Audit Committee Requirements
BEIJING and NEW YORK, June 19, 2020 /PRNewswire/ — Wins Finance Holdings Inc. (“Wins Finance” or the “Company”) (NASDAQ: WINS), a diversified investment and asset management company that provides … ( read original story …)
China stocks end week higher as Beijing pledges reforms, liquidity support
China stocks rose on Friday to finish the week higher, led by gains on the start-up board, as investors cheered Beijing’s pledge for reforms and liquidity support to bolster the world’s second-largest … ( read…
The Finance 202: Bolton book dismantles Wall Street narrative of Trump as a China hawk
John Bolton’s book, through explosive revelations told in detail, obliterates the notion President Trump was serious about forcing a fundamental overhaul of the U.S.-China relationship. Instead, … ( read original story …)
Beijing Outbreak Tops 180 as China Says Peak Has Passed
Beijing reported 25 new infections on Friday, lower than at the start of the week, after China declared that the peak of the outbreak has passed. ( read original story …)
Hong Kong security law: China backs city’s status as financial hub as it brushes aside G7 concerns
China on Thursday moved to allay investor concerns about the impact of a new national security law on Hong Kong’s status as a financial hub, the same day the national legislature pushed ahead with a…
Killing Bank Profits Is a Pretty Desperate Move
Asking lenders to pass on their earnings to support small businesses shows China’s financial system was failing in the first place. ( read original story …)
