Geely Automobile Holdings Ltd., the Chinese automaker controlled by Volvo Cars owner Li Shufu, reported a 43% drop in first-half profit after the coronavirus outbreak shuttered factories and decimated … ( read original story …)
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Amid Beijing-Tokyo rift, Trump dials ‘friend’ Sanae Takaichi hours after overnight call with Xi
‘Takaichi cannot retract her statement and Beijing knows that’: Why China-Japan spat is unlikely to be resolved soon
Trump says he’ll visit Beijing in April after ‘very good’ call with China’s Xi
‘Takaichi cannot retract her statement and Beijing knows that’: Why China-Japan spat unlikely to be resolved soon
Trump wades into China and Japan’s escalating dispute over Taiwan
How one passenger’s ordeal reveals tensions beneath China’s growing ties with India
China launches Shenzhou 22 spacecraft to assist in return of 3 stranded astronauts
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Volvo Owner’s China Business Posts 43% Profit Drop on Pandemic
From livestreaming to online shopping, more and more China jobs are going digital
Since the coronavirus pandemic forced millions of people to stay at home, teaching students online and selling directly to consumers via live video streaming has taken off in China. ( read original story …)
China Traders Ready for Stock Daily Limits to Double Next Week
Stocks on China’s Nasdaq-like ChiNext board will be allowed to rise or fall 20% as of next week when the first batch of listings under revamped rules start trading. ( read original story …)
Chinese shares rise as central bank injects cash
China’s CSI 300 index of Shanghai- and Shenzhen-listed stocks gained 1.4 per cent in early trading on Monday after the central bank injected Rmb700bn ($101bn) of liquidity into the financial system … ( read original…
China’s Bank Regulator Warns Dollar Dominance Is Seed of Crisis
China’s top banking watchdog cautioned that U.S. dollar dominance combined with the massive stimulus unleashed by the Federal Reserve could push the world to the edge of another financial crisis. ( read original story …)
China central bank injects 700 billion yuan of MLF loans, rates steady for fourth month
China’s central bank on Monday rolled over maturing medium-term loans while keeping borrowing costs unchanged for the fourth straight month. ( read original story …)
China Adds Cash Into Banking System to Ease Liquidity Stress
China’s central bank injected liquidity into the financial system, seeking to support banks amid intensifying liquidity stress and keep a fragile economic recovery on track.The People’s Bank of China … ( read original story …)
Asia Pacific stocks mixed as U.S.-China tensions remain; Japan’s economy shrinks in second quarter
June, according to government data released Monday. That was the sharpest contraction on record, according to Reuters. ( read original story …)
Shanghai Pride shuts down amid shrinking space for China’s LGBTQ community
Shanghai Pride, China’s longest-running and only major annual celebration of sexual minorities, abruptly announced its effective shutdown on Thursday, in the latest sign of the authorities’ increasing … ( read original story …)
Beijing art exhibition glorifies China’s Covid-19 response
A pandemic-themed show at the National Museum of China comprises almost 180 works depicting the country’s success in containing the virus. Here’s what the exhibition tells us about the official … ( read original story…
China First Out, Slump-Recovery Ballot, Resilience Test: Eco Day
Welcome to Monday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the week:China’s economy, the first to succumb to the coronavirus, is proving to be the fastest … (…
Currency wars: The US dollar threat is becoming very real for China
The US’s willingness to use its dollar’s dominance of global financial activity as a weapon has China nervous. ( read original story …)
Hiring in China is still tepid, but more and more new jobs are going online
Since the coronavirus pandemic forced millions of people to stay at home, teaching students online and selling directly to consumers via live video streaming has taken off in China. ( read original story …)
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