The loan is part of AIIB’s $13 billion funding facility to help public and private sectors fight the pandemic. The bank has previously approved loans totalling $500 million to two development banks in … (…
Featured Posts Title
China was the birthplace of recreational drones. Now you can’t buy one in Beijing
Beijing backs Cuba, Brazil slams BYD slave labour conditions: Latin America relations reads
Why Beijing now wants its spies executed in Taiwan to come in from decades in the cold
China has now dropped tariffs on imports from every African country except one
Facebook Fight Shows Beijing Determined To Keep Chinese AI Out Of US
Beijing’s Drone Ban Goes Into Effect Today: A New Model for Urban UAV Control
The Battle for Truth: How Beijing Rewrote the COVID-19 Narrative
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China-Backed AIIB Approves 70 Million Euro Loan to Turkey to Fight COVID-19
In China’s Xinjiang, Forced Medication Accompanies Lockdown
The government in China’s Xinjiang region is imposing draconian measures to combat the coronavirus, including physically locking people in homes and arresting those who do not comply with long … ( read original story …)
Jack Ma’s Ant fuels tech IPO frenzy not seen since dot-com bubble
Jack Ma’s Chinese financial titan aims to raise at least $30 billion in Hong Kong and Shanghai in October, which could push global first-time share sales by tech firms well past $57 billion, according ……
TikTok US sale faces fresh hurdle after China tightens tech export rules
Beijing says some exports will now need government approval in move believed to be linked to Trump sale order … ( read original story …)
China warns Czech senate speaker will pay ‘heavy price’ for Taiwan visit
Milos Vystrcil arrived in Taipei on Sunday on a visit to promote business links with Taiwan, saying the Czech Republic would not bow to Beijing’s objections. ( read original story …)
China Mobile Ltd. (NYSE:CHL) Stock Holdings Increased by Blair William & Co. IL
Blair William & Co. IL increased its holdings in China Mobile Ltd. (NYSE:CHL) by 658.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC) … ( read…
Bad Debt Wave Drags China’s Big Banks to Worst Profit Drop
China’s biggest banks posted their worst profit declines in more than a decade, putting pressure on their dividend plans, as bad debt ballooned and the government drew them into efforts to backstop a … (…
China’s Slower Factory Growth Eclipsed by Robust Services in Boost to Economic Recovery
China’s factory activity grew at a slower pace in August as floods across southwestern China disrupts production, but the services sector expanded at a solid rate in a boost to the economy as it ……
China manufacturing grew in August but weaker
China’s manufacturing activity held steady in August as domestic demand helped to offset weaker orders from exports markets that are struggling with the coronavirus pandemic, … ( read original story …)
China launches second probe into Australian wine imports
China is the top market for Australian wine exports and is also Australia’s largest trading partner, with two-way trade worth A$235 billion ($170 billion) last year. ( read original story …)
Nongfu Spring raises $1.1 bln in Hong Kong IPO – sources
Chinese drinks producer Nongfu Spring will raise nearly $1.1 billion in its Hong Kong initial public offering (IPO) after pricing its shares at HK$21.50 each, according to two sources with direct … ( read original…
China Factory Activity Slows In August As Flooding Hits Business
Factory activity in China slipped slightly in August, according to official data published Monday, as the country grappled with the fallout from widespread floods. The closely watched Purchasing … ( read original story …)
China reports 17 new COVID-19 cases on Aug 30 vs 9 a day earlier
China reported 17 new COVID-19 cases on Aug. 30, up from 9 reported a day earlier, the country’s health authority said on Monday. The National Health Commission said all of the new cases were imported…
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