China’s banking and insurance regulator on Saturday issued draft rules on commercial banks’ online lending business, banning the use of such loans for riskier investments and capping banks’ online … ( read original story …)
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Diplomatic spat between Tokyo and Beijing threatens Japan’s already fragile economy
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Japan Steps Up Diplomatic Push to Calm China After Taiwan Furor
491,000 Japan-bound air tickets cancelled as China warns people to avoid travel amid spat
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China issues rules for online bank lending
As China-US Relations Sour, Could The Revamp Of P2P Lending Serve As An Alternative Investment Vehicle?
As tensions escalate between China and the US, some investors are looking for alternative investments to offset bearish trends. Markets have yet to recover from the fallout of COVID-19, and a Reuters … ( read…
Kingsoft Cloud Jumps in First Big U.S. IPO Since Luckin Fall
Kingsoft Cloud Holdings Ltd. rose 40% in the first major trading debut by a Chinese company since the accounting scandal at Luckin Coffee Inc. ( read original story …)
China reports 14 new coronavirus cases, high-risk area resurfaces
China’s National Health Commission reported 14 new confirmed coronavirus cases on May 9, the highest number since April 28 and up from only one case a day earlier, according to data published on … (…
China’s coal mining industry embraces 5G technologies
The 5G network in Yangquan’s subsidiary, Xinyuan, is the country’s first commercial 5G service under a coal mine shaft. It is built in partnership with China Mobile and Huawei. Wang Haigang, deputy … ( read…
Trump’s China Rhetoric Risks Freezing Out U.S. Energy Exports
The coronavirus is adding to the existing tensions between the U.S. and China. But if the rhetoric is not ramped down, the trade war will escalate and hurt American energy producers. ( read original story…
Trump Says He’s ‘Torn’ on China Deal as Advisers Signal Harmony on Trade
Officials from both countries struck optimistic notes after holding their first trade talks — via conference call — since the coronavirus struck. ( read original story …)
Sen. Cotton: China made conscious decision to let coronavirus spread after they knew how deadly it was
We knew it was coming, even if this is the highest unemployment rate since the Great Depression, and it’s still a shock to the system. (BEGIN AUDIO CLIP) TRUMP: It’s fully expected. There’s no ……
China flexes its military muscle: Beijing exploits Covid crisis to assert control of strategically vital South China Sea – and the US sends three warships in response
Deeply worried about Beijing’s insatiable desire for land and the way its military has occupied areas by stealth, Washington has sent three warships to the region. ( read original story …)
China supports WHO-led review of global pandemic response
China said Friday it supports a World Health Organization-led review into the global response to the coronavirus outbreak, but only “after the pandemic is over”. The comments from foreign ministry … ( read original story…
US and China go head-to-head at UN over WHO coronavirus response
For more than six weeks the 15-member council has been trying to agree on a text aiming to back calls for a ceasefire in global conflicts so the world can focus on the pandemic. (…
U.S. Hits Back at China With New Visa Restrictions on Journalists
The Trump administration is imposing 90-day limits on work visas for Chinese journalists, raising the threat of further retaliation by the Chinese government. ( read original story …)
North Korea News: Kim Jong Un Praises China Leader, Clashes With South Korea Over Military Drills
Kim Jong Un in his message extended his warm greetings to Xi Jinping and congratulated him, highly appreciating that he is seizing a chance of victory in the war against the unprecedented epidemic,” … (…
