China said there was no need for a third party to mediate between China and India in an ongoing border dispute, when asked about U.S. President Donald Trump’s offer to mediate. ( read original story…
NEWS
Equities Drop As Trump Lines Up China Response
Equities mostly fell Friday after Donald Trump called a news conference for later in the day to outline his response to China’s plan to crack down on Hong Kong, which many fear could further increase…
AP Explains: What’s behind latest India-China border tension
India border high in the Himalayas have flared again in recent weeks. Indian officials say the latest row began in early May, when Chinese soldiers entered the Indian-controlled territory of Ladakh at … ( read…
European shares step back, Trump’s China response awaited
European shares pulled back on Friday as market participants turned their focus to Washington’s response to the Chinese parliament’s approval of a national security law for Hong Kong, but major … ( read original story…
China threatens countermeasures after US criticism of Hong Kong law
China has threatened “countermeasures” against the US after it criticised Beijing’s plan to impose a national security law on Hong Kong. On Friday, the Chinese embassy in Washington accused the US, … ( read original…
VW spending $2.2B to expand in China’s electric car market
Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country shut down to fight the coron … ( read…
Asia shares fall as US-China tensions douse rally on Wall St
Shares are mostly lower in Asia after Wall Street’s rally petered out amid worries about flaring U.S.-China tensions … ( read original story …)
China-Backed AIIB Approves $750 Million Loan for Philippines’ COVID-19 Response
Over one million small enterprises will also benefit from wage subsidies as part of the project, it said. The loan is part of a $10 billion funding facility the AIIB has announced to help public…
China says wants ‘peaceful reunification’ with Taiwan
The head of China’s Taiwan Affairs Office said on Friday that “one country, two systems” and “peaceful reunification” is the best way to bring China and Taiwan together. ( read original story …)
Twitter flags China spokesman’s tweet on COVID-19
Twitter has flagged a tweet written in March by a Chinese government spokesman that suggested the U.S. military brought the novel coronavirus to China, as the social media platform ramps up … ( read original…
Korea Cases Climb; India Death Toll Tops China: Virus Update
The death toll in India surpassed the number of lives lost in China, while Brazil’s cases hit another daily record as hot spots shift to developing countries ill-equipped to contain its spread. ( read original…
China reports no new coronavirus cases for May 28
China reported no new confirmed coronavirus cases in the mainland as of the end of May 28, down from two a day earlier, the country’s health authority said on Friday. The National Health Commission ……
Trump’s China press conference could mark the end of his cautious approach to Beijing
With tensions over Hong Kong near a boiling point, Americans will get a chance to see if there’s a bite behind Trump’s China bark. ( read original story …)