President Donald Trump on Saturday night continued to refuse to sign into law a massive $900 million coronavirus relief bill. ( read original story …)
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Trump blames China for financial strain on Americans as 14 million people lose unemployment because the president refused to sign into law a massive $900 million coronavirus …
China Asks Ant to Return to Payments Services Origins
Chinese regulators imposed a series of requirements on Ant Group Co., including that the company returning to its origin of being a payments service provider and reforming lending, insurance and … ( read original story…
China Central Bank Urges Ant Group to Set ‘Rectification’ Plan Swiftly
China’s central bank urged Ant Group on Sunday to outline a concrete plan as soon as possible to meet regulatory demands and fully understand the seriousness of the “rectification” work it needs to … (…
Beijing Tightens COVID-19 Curbs as Cases Detected Across Capital
Beijing has tightened COVID-19 curbs over concerns that China’s mass travel during the holiday period could cause cases to spike in the capital, as it reported locally transmitted cases for a fourth … ( read…
China economy picks up, but risks remain: World Bank
Following a sharp decline in the first quarter of 2020, economic activity in China has normalized faster than expected, aided by an effective pandemic-control strategy, strong policy measures and … ( read original story …)
China extends tariff exemptions for US chemical, oil products
Six US chemical and oil products will not be targeted by additional duties for another year, according to China’s finance ministry. The exemptions were initially introduced after the two countries … ( read original story…
China’s industrial profits grow robustly, seventh straight rise
Profits at China’s industrial firms grew robustly in November for a seventh month of gains, supported by strong industrial production and sales, as manufacturers continue their recovery from the COVID … ( read original story…
Families of detained Hongkongers in Shenzhen condemn closed-door hearing, call on foreign governments to observe trial
The families accuse mainland authorities of conducting ‘secret’ trials and ‘disregarding basic human rights’, and urge foreign governments to send monitors. ( read original story …)
Beijing is sending a senior party leader to Nepal as political crisis unfolds
In May this year, when the wrangling within the Nepal Communist Party was at its peak, Chinese Ambassador Hou Yanqi visited the ruling party’s top brass and President Bidya Devi Bhandari.There was a … (…
China’s Industrial Profits Rise 15.5% Year-On-Year in November
The industrial profit data covers large firms with annual revenue of over 20 million yuan from their main operations. China’s economy has seen a strong rebound from the shock of the COVID-19 pandemic, … (…
China reports 22 new COVID-19 cases, including 12 locally transmitted
Mainland China recorded 22 new COVID-19 cases on Dec. 26, up from 20 cases the previous day, the country’s health authority said on Sunday. ( read original story …)
Beijing Urges Controls; Mutant Strain Spreads: Virus Update
Beijing government is calling for stricter Covid-19 control and prevention during the holidays as the Chinese capital city reported five local cases on Saturday. The cluster of infections that’s … ( read original story …)
US Regulator Sues Crypto Hedge Fund Founder — $25 Million in Digital Assets to Be Frozen
The U.S. Securities and Exchange Commission has filed a lawsuit against a cryptocurrency hedge fund founder for fraud. The regulator is seeking an emergency order freezing $25 million in digital … ( read original story…