At the heart of China’s drive to become technologically self-sufficient is a company that few have heard of. That is partly by design: Semiconductor Manufacturing International Corporation, China’s … ( read original story …)
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Taiwan expresses concern after China calls the island biggest risk in US-China relations
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China’s biggest chipmaker bets on Shanghai listing
Australia, New Zealand dollars unsettled by new virus outbreak in China
The Australian and New Zealand dollars slipped on Monday as concerns about a possible second wave of coronavirus infections in China hurt risk sentiment and the economic outlook for a major export … ( read…
Asia stocks little changed as virus fears resurface; China’s industrial output misses expectations
Stocks in Asia were little changed in Monday morning trade. The moves regionally came as Chinese economic data for May released Monday missed expectations. Stocks in Asia were little changed in Monday … ( read original…
FOREX-Aussie and kiwi down early after new virus cases in Beijing
The Australian and New Zealand dollars fell against their U.S. counterpart on Monday after fears of a second wave of the coronavirus in Beijing prompted investors to sell currencies sensitive to risk. ( read original…
China Official Sees Beijing Risk; Tokyo Cases Rise: Virus Update
A jump in cases in Beijing raised fears of a resurgence of the pandemic in China, while Tokyo also saw infections climb. ( read original story …)
RPT-China reports 49 new COVID-19 cases for June 14; 36 in Beijing
Mainland China reported 49 new confirmed COVID-19 cases for June 14, down from 57 a day earlier, the national health authority said on Monday. The National Health Commission (NHC) said in a statement … (…
China Adds Funds to Banking System to Avoid Liquidity Shortage
China injected liquidity to the financial system by offering medium-term loans to banks, in the government’s latest effort to avoid a funding crunch this month. It kept interest rates on the loans … ( read…
China cbank injects 200 bln yuan via MLF, keeping rate unchanged for 2nd month
China’s central bank on Monday rolled over some maturing medium-term loans while keeping interest rates unchanged for the second straight month in a row. ( read original story …)
Forced labour: clothing brands have the chance to press China amid post-virus slowdown, rights advocate says
With US legislators debating laws to deter the use of forced Uygur labour in China, and the garment industry in crisis after coronavirus, now is the time for apparel brands to pressure Beijing, a ……
Hong Kong, China markets brace for impact from new coronavirus cluster concerns in Beijing
Hong Kong and China stocks are set to open lower on Monday, after a new cluster of Covid-19 infections in Beijing raised concerns over a second wave of coronavirus in the country. The Hang Seng…
Aussie and kiwi down early after new virus cases in Beijing
The Australian and New Zealand dollars fell against their U.S. counterpart on Monday after fears of a second wave of the coronavirus in Beijing prompted investors to sell currencies sensitive to risk. ( read original…
The Latest: China’s capital re-institutes virus measures
China has reported 49 new confirmed coronavirus cases as the capital Beijing re-instituted measures to contain a new outbreak … ( read original story …)
China’s Tech Champions Have Big Homegrown Problems
VCG/Visual China Group via China has big plans for its technology industry, vowing to spend an estimated $1.4 trillion over six years to roll out everything from 5G mobile networks to artificial … ( read…