Renault, which was already struggling in China before the coronavirus epidemic hit, will stop making gas-powered cars for domestic sale and wind up its main joint venture with a state-run auto maker. ( read original…
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Renault, Hit by Coronavirus and a Market Slump, to Close Its Main China Business
China McDonald apologises for Guangzhou ban on black people
A video shared on social media showed a notice that read: “We’ve been informed that from now on black people are not allowed to enter the restaurant.” McDonalds said that when it it temporarily closed…
Futures rise on China trade data; focus on corporate results
U.S. stock index futures gained on Tuesday as better-than-expected trade data from China and signs some economies might be preparing to ease sweeping lockdowns lifted the mood ahead of the first batch … ( read…
Asia Today: China wet markets panned, India extends lockdown
Australia’s prime minister is criticizing the World Health Organization’s support for the reopening of markets where live animals are butchered in Wuhan, the Chinese city at the center of the coronavi … ( read original…
Human Trials of Two Coronavirus Vaccines Start in China
China has started clinical trials on two potential COVID-19 vaccines, the country’s official state-run press agency reported citing the State Council joint coronavirus prevention and control mechanism … ( read original story …)
Coronavirus ‘new reality’ bites deep into Beijing eatery chain
The worst of the COVID-19 outbreak in China may be over, but one Beijing-based restaurant chain is struggling with a “new reality” — fewer customers, reduced seating capacity, shorter hours, pay cuts … ( read…
China defends the WHO after Trump — and others — say it is deferring to Beijing
The World Health Organization has come under intense scrutiny for its handling of the coronavirus pandemic with President Donald Trump’s administration, China and Taiwan locked in a tussle of words. ( read original story …)
Beijing-Backed AIIB Approves Emergency Loan to China to Help With Coronavirus Response
Beijing and Chongqing have “particularly acute” financial needs in addressing health challenges as a result of their large populations, the statement said. Wealth of Knowledge is a weekly podcast … ( read original story …)
Danke Obtains WELL Silver Certification for Co-living Project in Beijing
Phoenix Tree Holdings Limited (“Danke” or the “Company”) (NYSE: DNK), one of the largest co-living platforms in China with the fastest growth, announced its Model Room Center in Beijing has received t … ( read…
EU Finance Deal Fails; U.K. Premier Remains in ICU: Virus Update
European Union finance ministers failed to agree on a recovery plan for the bloc after 16 hours of talks, driving the euro and Italian bonds lower. U.K. Prime Minister Boris Johnson’s condition … ( read…
A Month After Peak Coronavirus In China, Beijing Needs More Stimulus
Now that the coronavirus has infected China’s main trading partners, Beijing needs to save its economy after a nearly 3 month lockdown. ( read original story …)
Beijing finance firm helps 48 catering, cultural tourism SMEs resume work
Since the start of work resumption after the Spring Festival holiday, a state-owned financing guarantee company in Beijing has helped 48 small- and medium-sized enterprises (SMEs) in the cultural … ( read original story …)
Beijing Autoshow Postponed to September Due to Virus
Wealth of Knowledge is a weekly podcast featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. The Most Important Ages for Retirement … ( read original story…
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