Authorities shut down parts of Beijing after a surge in new cases; White House economic adviser Larry Kudlow says a return-to-work bonus should replace a weekly $600 unemployment boost; Tulsa’s health … ( read original…
Featured Posts Title
China’s Shenzhen further eases homebuying curbs
Beijing clamps down on drones: Sales banned citywide from May 1
China’s largest lenders’ first-quarter profit up over 3%, sour loan ratios steady
China’s Iranian oil buying curbed by margins, traders say
Taiwan Tops Beijing’s Agenda for Trump-Xi Summit
Beijing court pledges stronger focus on small business labor disputes
Hyundai Motor chief attends Beijing auto show for 1st time in 8 yrs
Recent Posts
Coronavirus Update: Beijing on Alert, Kudlow Says $600 Boost a ‘Disincentive’
VESoft raises $8M to meet China’s growing need for graph databases
Sherman Ye founded VESoft in 2018 when he saw a growing demand for graph databases in China. Its predecessors like Neo4j and TigerGraph had already been growing aggressively in the West for a few ……
EU Challenges China’s Trade Expansion With Landmark Tariff
The European Union fired a warning shot at China over its global trade ambitions with an unprecedented tariff decision to counter Chinese subsidies to exporters.For the first time, the EU on Monday to … (…
China’s Economy Faces Another Hurdle: Darkened Movie Theaters
New data shows Chinese consumers still aren’t spending like they once did, holding back one of the world’s most powerful growth engines. ( read original story …)
China’s enormous response to a localized coronavirus outbreak at a market shows it’s taking COVID-19 far more seriously than the rest of the world
Brazil, Mexico, and many US states are reopening despite reporting record new daily cases of the coronavirus. ( read original story …)
China’s Digital Currency Will Be First To Launch Worldwide: ‘It’s Going To Be Seamless’
China’s Central Bank Digital Currency (CBDC) could be the first such currency to launch internationally, bypassing the U.S. dollar. ( read original story …)
China Coronavirus Second Wave Risk ‘Very High’ Says Beijing Official as Lockdown Reinstated After Record New Cases
“The risk of the epidemic spreading is very high, so we should take resolute and decisive measures,” Xu Hejiang, spokesperson for the Beijing city government, said at a press conference. ( read original story …)
Tokyo, Beijing Cases Climb; Some U.K. Shops Open: Virus Update
Spreading cases in Beijing raised concern of a resurgence of the pandemic in China, while a former Food and Drug Administration chief said new U.S. outbreaks are occurring and Tokyo infections jumped. ( read original…
China is now in “self-confident” mode: Former U.S. ambassador
Frank Lavin, CEO of Export Now and former U.S. Ambassador to Singapore, sees U.S.-China relations in a downward trajectory until at least the U.S. elections in November. ( read original story …)
Coronavirus resurgence forces Beijing to reinstate isolation measures
Several districts in Beijing reinstated security checkpoints, ordered residents be tested and closed schools on Monday in response to an unexpected resurgence of the coronavirus in the Chinese capital … ( read original story …)
Nokia to deliver around 10% of China Unicom’s 5G core network
Finnish telecom equipment maker Nokia said on Monday that China Unicom had selected it to supply around 10% share of its 5G core network, confirming an earlier statement to Reuters by Nokia CEO Rajeev ……
China’s economy is ‘coming back quite nicely’ despite light stimulus: DBS
The Chinese economy is coming back in a “fairly decisive manner” despite the lack of “gangbusters” fiscal and monetary stimulus, says Taimur Baig of DBS Group Research. He is “fairly optimistic” for … ( read…
FOREX-Aussie slumps, safe havens risk as Beijing finds new virus cluster
The Australian and New Zealand dollars fell against their U.S. counterpart on Monday as fears of a second wave of the coronavirus in Beijing prompted investors to sell currencies sensitive to risk. Th … (…