The Trump campaign is piling on Joe Biden for claiming President Trump is in debt to the Bank of China. Biden, the presumptive 2020 Democratic presidential nominee, suggested Monday that Trump still … ( read…
FINANCE
Australia Stokes China Tensions With Call for Virus Origin Probe
Australia’s calls for an independent probe into the origins of the coronavirus pandemic is heightening tensions with Beijing, worrying businesses in the world’s most China-dependent developed economy. ( read original story …)
China’s Factories Are Back. Its Consumers Aren’t.
The manufacturing giant is once again turning out steel and cellphones. But job losses and pay cuts have left its people reluctant to spend — a problem the U.S. and Europe may soon face, too.…
Australians in China fear backlash over virus probe call
Dave Tacon “We are concerned about the deterioration in China-Australia relations as a result of recent comments by the Australian government, specifically support for a [coronavirus] inquiry,” he … ( read original story …)
China Deserves Stringent Financial Penalties for its Role in the COVID-19 Outbreak
We’ve known for years that China lies and cheats and steals when it comes to international trade. Now we’ve learned that it also spread the deadly disease COVID-19. Donald Trump ran for president five ……
Chinese bank ICBC posts 3% profit rise despite pandemic
SS>, , the world’s biggest commercial lender by assets, said net profit grew 3.04% in the first quarter despite the impact of the coronavirus pandemic. ( read original story …)
Nearly Half of Bankers in Central Bank Survey Say China Monetary Policy Loose in Q1
Results showed 47.3% of the respondents considered monetary policy to be loose in the first quarter, compared with just 15% in the previous survey published in December. Another survey by the PBOC … ( read…
China Finance Online Announces Extension for Reporting Fourth Quarter and Full Year 2019 Financial Results
China Finance Online Co. Limited ( the “China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail inv … ( read original…
Don’t smear China for votes, Beijing says as Republican election campaign plots to deflect coronavirus blame
China has condemned American politicians’ efforts to involve it in the forthcoming US presidential election, dismissing the tactic as an attempt to smear Beijing over its handling of the Covid-19 … ( read original story…
‘Opportunity of a lifetime’ for distress investors as companies from HNA to China’s LVMH flounder and bad debts balloon
Peking University Founder Group, controlled by China’s most prestigious university, was unceremoniously advertised for sale on a national website for failed companies this month. The bankrupt group … ( read original story …)
China cracks down on fraud and tries to clean up image with Luckin probe
In a period fraught with tensions with the U.S., China is trying to show it’s being serious about tackling fraud. ( read original story …)
Here’s Why China High Speed Transmission Equipment Group (HKG:658) Can Manage Its Debt Responsibly
So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. Importantly, China High Speed Transmission Equipment…
China issues additional special bond quotas to three provinces -sources
China’s finance ministry has given three provinces additional advanced quotas for the issuance of local government special bonds, five sources with knowledge of the matter said. BEIJING/SHANGHAI, … ( read original story …)
