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…
FINANCE
‘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 …)
Declining Stock and Solid Fundamentals: Is The Market Wrong About China 21st Century Education Group Limited (HKG:1598)?
Education Group (HKG:1598) has had a rough three months with its share price down 31%. But if you pay close attention, you might gather that its strong financials could mean that the stock could ……
Net Element and Covetrus among Tech gainers; China Finance Online and Borqs Technologies among losers
Neonode (NASDAQ:NEON) +25%. AudioCodes (NASDAQ:AUDC) +23%. Diebold Nixdorf (NYSE:DBD) +20%.Losers: China Finance Online (NASDAQ:JR … ( read original story …)
China faces pressure to close live animal markets
Researchers think coronavirus and the COVID-19 disease it causes originated in a huge market in Wuhan, China, where vendors sold live and slaughtered wildlife along with processed meat, seafood, … ( read original story …)
Why China tolerates animal markets that produce deadly viruses
Wildlife is popular as food and medicine in China, which means risky live-animal markets will exist as long as consumers are buying. ( read original story …)
US must stand with Australia against China’s economic threats
China is sending a not-so-subtle threat to our allies on the far side of the world: Ask questions about the coronavirus, and suffer economic consequences. ( read original story …)
China’s top commerce regulator to investigate Luckin Coffee
China’s top business and commerce regulator is investigating Luckin Coffee Inc., after the Nasdaq-listed coffee chain revealed that much of its 2019 … ( read original story …)
U.S. proposes new restrictions on certain exports to China, filing says
The U.S. Department of Commerce on Monday proposed rule changes that would impose new restrictions on certain exports to China, according to a government filing. ( read original story …)
Luckin Coffee Office Raided As China Regulators Probe Fraud At Starbucks Rival
Luckin said earlier this month that more than $300 million in sales may have been fabricated last year, triggering a plunge in shares and investigations in the U.S. and China. ( read original story …)
