Moody’s said American importers absorbed more than 90% of additional costs resulting from the 20% U.S. tariff on Chinese goods.
NEWS
China divorces drop 70% after controversial ‘cooling off’ law
The number of divorces in China dropped more than 70% in the first quarter of this year, after a controversial law forcing a “cooling-off period” for couples came into effect. According to data …
Censorship, Surveillance and Profits: A Hard Bargain for Apple in China
Apple built the world’s most valuable business on top of China. Now it has to answer to the Chinese government.
How Covid-19 helped China boost its soft power in mainland Southeast Asia
The pandemic provided Beijing a window of opportunity to boost its influence in countries such as Cambodia, Thailand and Myanmar.
China removes at least five officials from posts amid resurgence of COVID-19 cases
China is tackling a resurgence of COVID-19 cases, with local governments taking vigorous measures by removing at least five Chinese officials from Northeast China’s Liaoning and East China’s Anhui …
Shenzhen bourse: Publicly offered funds draw more investors in 2020
Investors who buy publicly offered funds accounted for 67.1 percent of overall investors in 2020, up 21.3 percent over 2019, the Shenzhen Stock Exchange said based on its 2020 Individual Investors …
Hong Kong’s index rises for the third day on hope that reopening of Shenzhen border would extend lifeline to local economy
Hong Kong’s economy expanded 7.9 per cent in the first quarter, at a faster rate than expected. An opening of the city’s borders with Shenzhen would allow more people to visit the city, extending a…
Olympic Committee Slaps New Human Rights Rules on Paris, L.A. That Won’t Apply to Beijing
Beijing doesn’t have human rights requirements like future Olympic host cities Paris and Los Angeles, which are scheduled to host the 2024 and 2028 Summer Olympics, respectively.
Cloud becomes new front line between China and the west
Saudi Telecom, the Gulf state’s largest telecoms group, announced a partnership with China’s Alibaba Cloud to help the kingdom build its cloud computing infrastr …
China’s Lu’an reports 2 new asymptomatic COVID-19 cases
The city of Lu’an in east China’s Anhui Province reported two new asymptomatic COVID-19 cases on Monday, the city’s health commission said on Tuesday. By 9 p.m. Monday, Lu’an had registered five …
China’s Taiwan reports 333 new locally transmitted COVID-19 cases
China’s Taiwan region reported 333 new locally transmitted COVID-19 cases on Monday, according to local media, amid a recent spike in infections that has forced local authorities to step up …
China backs IP waiver for coronavirus vaccines
But it is unclear if China is in favour of lifting intellectual property restrictions on all Covid-19 related medical products.
Full-Blown Boycott Pushed for 2022 Beijing Winter Olympics by Groups Alleging Human-Rights Abuses
A coalition representing Uyghurs, Tibetans, residents of Hong Kong and others issued a statement Monday calling for the boycott of the 2022 Winter Olympics.
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