The national security law China imposed on Hong Kong this week will damage civil liberties with long jail sentences and grant immunity to Chinese agents working in the territory. For investors who … ( read original story …)
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China’s services sector grows at fastest pace in over a decade in June: Caixin PMI
China’s services sector expanded at the fastest pace in over a decade in June as the easing of coronavirus-related lockdown measures revised consumer demand, a private survey showed on Friday, though … ( read original…
How China brought its authoritarian legal system to Hong Kong
When Beijing announced it would impose a national security law on Hong Kong six weeks ago, many people feared the legislation could extend China’s authoritarian reach over the semi-autonomous city and … ( read original…
CBP officers seize 13-tons of human hair products imported from China
U.S. Customs and Border Patrol seized a 13-ton shipment of products made from human hair under potential prison labor from China’s Xinjiang region. ( read original story …)
China central bank makes biggest weekly cash drain via OMO since February
China’s central bank skipped open market operations on Friday, making the biggest weekly net fund drain in 4-1/2 months. ( read original story …)
IPO Launch: BlueCity Holdings Prepares For $85 Million U.S. IPO
BlueCity Holdings (BLCT) intends to raise $85 million in an IPO of ADSs representing underlying Class A stock, according to an amended registration statement. The company has developed a website … ( read original story…
US IPO Week Ahead: Third quarter kicks off with China’s largest gay dating app
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Asian stocks set to follow U.S. jobs rally, China in focus
Asian stocks were likely to track a firmer Wall Street session on Friday after strong U.S. jobs data although growing Sino-U.S. tensions and a worrying surge in coronavirus cases is likely to cap … (…
Pentagon: China Military Exercises Will ‘Further Destabilize’ S. China Sea
“The Department of Defense is concerned about the People’s Republic of China (PRC) decision to conduct military exercises around the Paracel Islands in the South China Sea on July 1-5,” the Pentagon … ( read…
China reports five new coronavirus cases in mainland on Thursday
China on Friday reported five new coronavirus cases in the mainland for July 2, compared with three cases a day earlier, the health authority said. ( read original story …)
Hong Kong Activist Nathan Law Says He Has Fled Abroad Amid Beijing-Backed Crackdown
Law, who spoke to NPR’s All Things Considered, announced late Wednesday that he had left the country following the enactment of a draconian new national security law targeting the territory. ( read original story …)
US Congress wants tougher action against Beijing over Hong Kong crackdown
Pressure is growing on President Trump to take stronger action against China after Congress approved sanctions targeting individuals involved in the crackdown on Hong Kong and banks that do business … ( read original story…
U.S. House Bill Targets Banks Amid Fears Over China Law for Hong Kong
The U.S. House of Representatives passed legislation on Wednesday that would penalize banks doing business with Chinese officials who implement Beijing’s draconian new national security law imposed on … ( read original story …)
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