Two US Navy aircraft carriers have resumed rare dual exercises in the South China Sea, the second time this month the massive warships have teamed up in the contested waters. ( read original story …)
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US Navy aircraft carriers back in South China Sea
China’s western Urumqi cancels hundreds of flights after report of new virus case
Urumqi, the capital of China’s far western region of Xinjiang, cancelled hundreds of flights on Friday, after the report of its first coronavirus case in about five months fuelled concerns of a … ( read…
China’s banks brace for more bad loans as coronavirus-hit economy slows
The International Monetary Fund has predicted that China’s economic growth in 2020 will moderate to 1% from last year’s 6.1%. The China Banking and Insurance Regulatory Commission … ( read original story …)
China-backed AIIB approves $100 million loan to Vietnam bank for COVID-19 response
The Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it would lend $100 million to the Vietnam Prosperity Joint Stock Commercial Bank to help the bank lend more to private … ( read original…
China stocks drive rebound in Asia-Pacific equities
Chinese stocks rebounded on Friday following their worst fall in five months, boosting markets across the Asia-Pacific region after state media sought to reassure investors that the long-term … ( read original story …)
China finance ministry says Jan-June fiscal revenues fell 10.8% year-on-year
China’s fiscal revenues fell 10.8% in the first half of the year, the country’s finance ministry said on Friday, compared with a 13.6% decline for the first five months of 2020. ( read original story…
‘China’s goal is to replace you’: Barr warns leaders of America’s biggest businesses
U.S. Attorney General Bill Barr delivered a blistering critique of the Chinese Government Thursday and singled out U.S. business leaders as complicit in the country’s rise. Speaking at the Gerald R. ( read original story …)
China calls US ‘pathetic’ amid reports of visa ban on Communist party members
Beijing hits back after claims that Trump administration is considering blocking travel to US by ruling party cadres … ( read original story …)
China’s economy is recovering. That’s good news for Southeast Asia
Southeast Asian nations will likely benefit from China’s economic rebound as the country commands a “lion’s share” of the region’s exports, Wellian Wiranto of OCBC Bank said. ( read original story …)
China reports 10 new coronavirus cases in mainland, nearly all imported
China reported 10 new confirmed COVID-19 cases for the mainland as of the end of July 15, up from one a day earlier, the country’s national health authority said on Friday. ( read original story…
The $52 Trillion Bubble: China Grapples With Epic Property Boom
The Chinese real-estate surge eclipses the one in U.S. housing in the 2000s. Desperate buyers are undeterred by the Covid pandemic, fearing other investments will suffer from the global economic … ( read original story…
China’s Sinopharm begins late stage trial of COVID-19 vaccine in UAE
Chinese state-owned pharmaceutical company Sinopharm has begun Phase III clinical trials of a COVID-19 vaccine in Abu Dhabi using up to 15,000 volunteers, the government in the capital of the United … ( read original…
Barr decries Disney and Hollywood for ‘kowtowing’ to China
Attorney general’s speech is part of continuing Trump administration offensive against Beijing … ( read original story …)
