North Korean leader Kim Jong Un and his family were recently given an experimental coronavirus vaccine from China, a US analyst said on Tuesday. ( read original story …)
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Recent Posts
North Korean leader Kim Jong Un, family given experimental coronavirus vaccine from China, analyst says
Beijing, Eight Chinese Provinces Slash Revenue Expectations for 2020 Due to Covid-19
Beijing revised down its fiscal revenue growth goal from the ‘zero growth’ set in January to ‘minus 6 percent,’ according to Yicai Global researchers. The municipality had little choice seeing that … ( read original…
Is China ripe for a subprime crisis? Banking regulator sees property as ‘biggest grey rhino risk’ for financial system
Chinese banks’ excessive exposure to property is now the “biggest grey rhino risk” facing the stability of the financial system, a top financial regulator has warned. Guo Shuqing, chairman of the … ( read original…
China’s factory activity hits quickest expansion in 10 years in November, driven by a burst in output and new orders
The strong upturn in China’s economy boosted the fastest increase in employment since May 2011, IHS Markit’s survey showed. ( read original story …)
The World in a Vise: Sounding the Alarm on China, Then Running for Shelter
When Australia’s leader denounced a tweet by a Chinese official, he also urged the two sides to reset their partnership. That reflected the insecurities facing many countries with limited options on … ( read original…
China’s iconic sedan brand Hongqi posts strong sales
In November alone, the automaker sold 25,000 Hongqi cars, an increase of 100 percent year-on-year, indicating a rising demand for the vehicles. Hongqi, meaning “red flag”, is China’s iconic sedan … ( read original story…
Shenzhen reports 1 new imported COVID-19 case
The southern metropolis of Shenzhen reported one new imported COVID-19 case Tuesday, the municipal health commission said. The patient is a 60-year-old truck driver living in Hong Kong who transports … ( read original story…
US’s Ban on Chinese Firms: It’s now China Mobile
A bigger issue symbolically and in the context of trade and investment friction between US and China than in terms of revenue loss to China Mobile. This… 27 comments on LinkedIn … ( read original…
Italy’s fashion companies building on ‘Made in Italy’ brand in China
Key players in the sector have told Xinhua that China is an increasingly important market for Italian fashion houses. The market in China “is one of the few areas where we can say things are…
Behind Beijing’s Move to Halt Ant Group IPO
China’s biggest fintech group was on track to raise the world’s largest initial public offering, estimated at 34 billion dollars…until Beijing slammed the brakes less than two days before the … ( read original story…
Police seize $4 billion, US worried about China’s crypto lead: Blockheads
Police in Jiangsu seized $4 billion in crypto in a Ponzi scheme bust, the US spy chief asked regulators to wake up to China’s crypto lead. ( read original story …)
Asian factories continue recovery from COVID-19 woes as China booms
Asian factories continued to recover steadily in November thanks to a boom in economic powerhouse China, private surveys showed on Tuesday, offering hope the region was shaking off the drag from the … ( read…
The U.S. and China are spiraling into an ‘alarming’ power play, says oil expert Dan Yergin
It is worrying that the U.S. and China remain locked in a wrestle for power, instead of working on engagement and collaboration, oil expert Dan Yergin told CNBC. ( read original story …)