Stronger investment in Shenzhen, with hundreds of new construction projects in the first half of 2020, helped offset weak domestic spending and a decline in exports amid the pandemic. ( read original story …)
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China AI Startup Moonshot Snags Funds at $18 Billion Valuation
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China’s tech hub, Shenzhen, barely avoids economic contraction in first half of 2020
US Commander Affirms US Support for Japan on China Dispute
The commander of the U.S. Forces in Japan is reaffirming his nation’s support of Japan’s protests over Chinese ships increasingly venturing into the economic waters near disputed East China Sea … ( read original story…
Chinese property managers replenish cash, eye M&A targets as coronavirus spurs industry consolidation
The wobble in China’s economy is fuelling expectations that a shakeout will present opportunities for acquisitions and takeovers for some of the nation’s biggest property management companies, an … ( read original story …)
China banks, regulators move to cool gold rush
Chinese regulators and major banks are rushing to curb precious metal trading by domestic investors to temper speculation that some fear could cause a repeat of this year’s oil trading mishaps. ( read original story…
Bet on China’s domestic consumption-fueled recovery: Aberdeen
Nicholas Yeo from Aberdeen Standard Investments sees strength in companies that focus on China’s consumers and domestic economy, as they slowly recover. ( read original story …)
China turns net steel importer in June as economy recovers from coronavirus, boosting Asian exports
China became a net steel importer in June for the first time since the last global recession in 2009, with exports from India, Japan, South Korea and Vietnam set for short term gains as demand…
Brussels needs to ‘work hand in hand’ with China to recover from pandemic, EU trade official says
The European Union needs to “work hand in hand” with China as a matter of necessity given the economic havoc wreaked by the coronavirus pandemic, said a top EU official in charge of Tuesday’s trade…
The Kitchen Furniture Market in China, 2020 – ResearchAndMarkets.com
Kitchen production in China is broken down according to … an indicator that ranks the cities according to their business attractiveness, and the analysis of the commercial areas of each city through … ( read…
Arm Accuses China Venture Ex-CEO of Blocking its Business
Arm Ltd., the chip designer owned by SoftBank Group Corp., accused the ousted head of its China joint venture of hurting its business there, escalating a dispute that’s becoming a test of Beijing’s … (…
Beijing says Diaoyu islands are Chinese territory, rebuts US criticism
Japan earlier this month accused China of “relentless” intrusions in waters around the groups of islands claimed by both countries in the East China Sea, called the Senkaku by Tokyo and Diaoyu by … (…
China’s President Xi Jinping reiterates his support for multilateral cooperation
China’s President Xi Jinping has affirmed his country’s commitment to working with others, as he pushed for the cementing of the role of the Asian Infrastructure Investment Bank in the global economic … ( read…
Australia to step up South China Sea defence cooperation with US – but won’t commit to patrols
Australia has pledged to increase defence cooperation with the US in the South China Sea – but stopped short of making any specific new commitment on freedom of navigation operations, despite American … ( read…
Breakingviews – Ctrip invites funds to buy out China’s travel dip
Trip.com, best known as Ctrip, is inviting brave funds to buy out China’s tourism dip. The country’s biggest online travel outfit is considering going private, Reuters reported. It has a clean balance … ( read…
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