The U.K. is the first western country to start vaccinating its population against a virus that has killed more than 1.5 million people worldwide. ( read original story …)
NEWS
Goldman Sachs seeks 100% control of China securities venture
Goldman Sachs is set to take full ownership of its securitie China, as Western investment banks seek to expand their presence across the country’s booming financial industry. The US bank has signed a … (…
China open to reset in relations with US, as Washington announces fresh sanctions over Hong Kong
China’s foreign minister says Beijing is open to restarting its relationship with the US, declaring the two countries are at a “critical historical juncture” after a year of escalating tensions. ( read original story …)
China regulator puts country’s fintech giants on notice hinting at more rules
China’s top banking regulator hinted at “timely and targeted measures to prevent new systemic risks,” in a nod toward further regulation on tech giants. ( read original story …)
Shenzhen sees influx of HK residents fleeing epidemic
There has been a spike in the number of people from Hong Kong Special Administrative Region (HKSAR) entering the Chinese mainland via Shenzhen Bay Port in South China’s Guangdong Province, with … ( read original…
China is the ‘principal military and economic threat’ in Asia, says Wilbur Ross
China accounts for many anti-dumping and countervailing duty orders imposed by the U.S., and makes up a “good portion” of the U.S. entity list, said Ross. ( read original story …)
Trump fails to disrupt ‘panda diplomacy’ as China’s famed bears remain at US zoo
The Smithsonian national zoo’s three giant pandas will stay in Washington for another three years, upholding a decades-long tradition … ( read original story …)
Goldman Sachs signs pact to own 100% of China joint venture
Goldman Sachs Group Inc has signed a pact with its China joint venture partner to wholly own the business, becoming the latest foreign bank to expand in the world’s second-largest economy. ( read original story…
The Latest: China orders mass coronavirus testing in Chengdu
Red lamps burn at the longtime closed Opera house in Munich, Germany, Sunday, Dec. 6, 2020. Bavaria intensifies measures to contain the corona crisis from Dec. 9, 2020. ( read original story …)
Reprieve for lithium producer shines light on Beijing’s priorities
China Citic Bank gave Tianqi Lithium, based in southwestern Sichuan province, a month-long reprieve as they try to sort out a new repayment schedule by December 28. Tianqi Lithium is a private sector … (…
China’s Wang vows to uphold trade deal during Biden administration: U.S. business group
Chinese Foreign Minister Wang Yi assured U.S. executives during a videoconference on Sunday that Beijing remained committed to the Phase 1 trade deal with the United States, the head of the US-China … ( read…
China curtails overseas lending in face of geopolitical backlash
China has drastically curtailed the overseas lending programme of its two largest policy banks, after nearly a decade of ambitious growth which at its peak rivalled that of the World Bank, new … ( read…
America’s Defiance of Trump’s Trade War Fuels China’s Most Export Income Ever Amid COVID-19 Crisis
A record $268 billion worth of exports inflated China’s trade surplus to $75.42 billion, more than double that of last November and half of which was comprised of the U.S. deficit, which is at its…
