People were already uneasy about Zoom. Then it quietly suspended an account used by Chinese dissidents in exile who organized a Tiananmen event. ( read original story …)
FINANCE
China, U.S. should resume timely communication on trade: China adviser
China and the United States should resume timely communication on trade and other issues, an adviser to the Chinese cabinet said on Thursday, stressing that the world’s two biggest economies are too … ( read…
Nasdaq-listed 360 Finance may kick off HK listing end-2020: sources
Nasdaq-listed 360 Finance Inc may kick off its Hong Kong listing process as soon as December, two sources familiar with the matter said, as U.S.-listed Chinese firms pursue dual listings amid … ( read original…
U.S.-China phase one trade deal still on track: United Overseas Bank
China phase one trade deal is still on track despite rising tensions, says Suan Teck Kin, head of research at United Overseas Bank. He adds that China still needs to import “quite a bit” of…
Central Bank Reprieve, Fed Policy Levers, China’s Risks: Eco Day
Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day: … ( read original story …)
Pompeo chides HSBC bank for ‘corporate kowtow’ to Beijing
U.S. Secretary of State Mike Pompeo on Tuesday chided British bank HSBC for backing moves by China to end Hong Kong’s autonomy, saying such “corporate kowtows” got little in return from Beijing. ( read original…
ANALYSIS-China’s troubled Baoshang rescue exposes fault lines in bank reform drive
China’s central bank announced a shock takeover of a lender, its first such move in 20 years, citing “serious credit risks”. Creditors in small Baoshang Bank were to take a hit, assets would be sold…
Hong Kong’s Two British Banks Back Beijing in Security Law Fight
Standard Chartered Plc became the second U.K. bank in a day to endorse China’s proposed security law for Hong Kong, saying it can “help maintain the long-term economic and social stability” of the … (…
Hong Kong’s Leader Wants More Financial Integration With China
Hong Kong’s leader said she told Chinese officials the city should be transformed into a global hub for private wealth and a more prominent offshore Renminbi center, even amid concerns about the … ( read…
Hong Kong leader says financial hub cannot afford any more ‘chaos’
Hong Kong leader Carrie Lam warned on Tuesday the city could not afford further “chaos” as it marked the first anniversary of the start of rolling mass pro-democracy protests. ( read original story …)
China Tries to Have It Both Ways With Virus Recovery
The country announced a slate of climate-friendly stimulus priorities, but has also loosened coal regulations. ( read original story …)
Hong Kong Bailout Lets Cathay Pacific Chart New Future Without Air China Takeover
Cathay was gradually being encircled by competitors, within Asia and further flung, that had fresh cash to steer them through aviation’s worst downturn. ( read original story …)
China is going much more ‘one country’ and much less ‘two systems,’ says expert
China’s critics and opponents in Hong Kong will find it much tougher going forward, says Richard McGregor, senior fellow at the Lowy Institute … ( read original story …)