Relations between the United States and China have worsened over the last few years. The trade tariffs, the novel coronavirus, the Hong Kong security law, the closure of consulates, and China’s … ( read original story…
FINANCE
China’s central bank to issue Forbidden City commemorative coins on 600th anniversary
China’s central bank will issue a set of gold and silver commemorative coins Monday to mark the 600th anniversary of the Forbidden City, a world-famous historic site. The set consists of two gold and ……
Manila walks fine line between Beijing and Washington in South China Sea
American President Rodrigo Duterte, the Philippines has emerged as a focal point between China and the US in their continuing contest for dominance in the region.After years of cosier ties between … ( read original…
CORRECTED-China rejects accusations of hacking attempt on U.S. vaccine developer Moderna
BEIJING, July 31 (Reuters) – China rejected on Friday charges that hackers linked to its government targeted biotech firm Moderna Inc, a leading U.S.-based coronavirus vaccine research developer … ( read original story …)
China forex regulator vows greater opening, eyes reform on private equity investment
China will continue to expand financial market opening, including exploring reforms to the rules governing cross-border investment management involving private equity funds, the country’s foreign … ( read original story …)
Apple removes thousands of game apps from China store: research firm
China’s Android app stores have long complied with those regulations. It is not clear why Apple is enforcing them strictly this year. The smartphone maker removed more than 2,500 titles from its … ( read…
How China’s Ant is evolving from a payments app into a technology champion
This is the second in a series of four articles analysing the Hong Kong and mainland stock markets, delving into the reforms, emergence of the Star Market as a solid fundraising venue, upcoming … (…
China Bank bucks downtrend, posts 27% profit growth in Q2
SM group-led China Banking Corp. grew its second quarter net profit by 27 percent year-on-year to P3 billion, bucking the downturn seen by other banking peers amid constraints arising from the … ( read original…
Elon Musk says ‘China rocks’ while the U.S. is full of ‘complacency and entitlement’
Tesla CEO Elon Musk, in an interview out Friday, compared the US to a sports team that stands poised to lose after years of winning. ( read original story …)
White House to force China’s ByteDance to separate from TikTok in U.S.: sources
The United States is preparing to force ByteDance to shed the U.S. operations of TikTok over concerns the Chinese company’s ownership of the popular short video app jeopardizes personal data, people … ( read original…
Bank’s ties to Beijing restricting ability to restore its fortunes
The bank did not comment, but some shareholders have highlighted the matter as a potential problem. It is just another example of the difficulties facing … ( read original story …)
U.S. Adds Sanctions Over Human Rights Abuses in China
The Treasury Department imposed sanctions on a powerful government entity that runs companies and farms in the Xinjiang region, where officials carry out the mass internment of Muslims. ( read original story …)
U.S. set to unveil crackdown on China’s ByteDance over TikTok: sources
The United States is preparing to take action against China’s ByteDance over concerns that its ownership of TikTok jeopardizes the security of the personal data that the popular short video app … ( read original…
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