China’s new ‘dual circulation’ economic system aims to slash imports while keeping export growth high. Analysts say it is simple protectionism and will only lead to more trade conflicts. The first … ( read original…
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China: Protectionism by any other name
ByteDance Rival Kuaishou Aims to Raise up to $5 Billion in Hong Kong IPO: Sources
HONG KONG (Reuters) – Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the…
Tencent-backed Kuaishou prepares for $5bn Hong Kong IPO
Chinese online video startup Kuaishou, the Tencent Holdings-backed challenger to the domestic version of ByteDance’s TikTok, is preparing for an initial public offering that would value the company at … ( read original story …)
‘China violated peace in east Ladakh’: Rajnath Singh in RS slams Beijing over its ‘complete disregard’ for bilateral agreements
Rajnath Singh in RS slams Beijing over its ‘complete disregard’ for bilateral agreements . China has shown complete … ( read original story …)
Taiwan calls for global coalition against China’s aggression as US official flies in
Taiwan’s foreign minister has called for the international community to help defend his country against an intensifying military threat from China, fearing “a real possibility” of war. The comments … ( read original story …)
China says will make ‘necessary response’ to U.S. official’s Taiwan visit
China will make a “necessary response” to a visit by U.S. Undersecretary for Economic Affairs Keith Krach to Chinese-claimed Taiwan, and has lodged a complaint with Washington, the foreign ministry … ( read original story…
ByteDance rival Kuaishou aims to raise up to US$5 billion in Hong Kong IPO – sources
Chinese online short video start-up Kuaishou aims to raise up to US$5 billion in a Hong Kong initial public offering (IPO) as early as January, … ( read original story …)
China, Once Germany’s Partner in Growth, Turns Into a Rival
An informal partnership that kept Germany’s economy tethered to China’s for decades is unraveling, threatening Berlin’s—and Europe’s—post-pandemic recovery as the Asian giant stages a powerful … ( read original story …)
Asia-Pacific’s 5G Digital Factory Revenue Primed for a Post-COVID-19 Recovery Worth US$60 Billion in 2030
COVID-19 Recovery Worth US$60 Billion in 2030. Singapore – 17 Sep 2020. COVID-19 initially slowed mobile phone sales … ( read original story …)
China-backed telecom firm says won’t spy on Philippines
A new Philippine telecoms firm with Chinese state investment on Thursday described as “truly misplaced” concerns that communications equipment it will install at military camps will be used for spying … ( read original story…
US-China decoupling and coronavirus: why 2020 upheaval won’t kill globalisation
The sudden stop of the global economy in 2020 has brought to everyone’s attention the interconnectedness of supply chains across countries and continents. Add to this the mounting tensions between the … ( read original…
China’s Biggest Bank Falls Short in Bid to Replenish Capital
A massive push by China’s biggest banks to boost capital amid the worst downturn in at least a decade faltered out of the gate.Industrial & Commercial Bank of China Ltd. slashed a planned bond sale…
The Export-Import Bank’s China Program Lacks Vision
Industrial policy that uses tariffs and subsidies to pick economic winners is once again in vogue among intellectuals. The rationale is to prevent China from “dominating” the global market with … ( read original story…
