State-owned Chinese firms bought at least three cargoes of U.S. soybeans on Monday, even as sources in China said the government had told them to halt purchases after Washington said it would … ( read…
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Washington and Beijing are sparring—and still making plans
‘Cape Verde’ earthstar found in Beijing’s Shunyi district, expanding the city’s macrofungal species list
Philippines, China summon each other’s envoys over South China Sea incident
Perfume ban, no-fly zone – as APEC summit looms, Shenzhen is ramping up security
Philippines says China injured sailor in latest maritime clash
The world’s first humanoid robot fighting league debuts in Shenzhen
US condemns China’s ‘dangerous and aggressive’ acts after Philippine sailor injured at disputed shoal
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China buys U.S. soybeans after halt to U.S. purchases ordered: sources
China’s Wuhan Finds No New COVID-19 Cases in City-Wide Testing
The city launched its ambitious campaign on May 14, testing 9.9 million people, after a cluster of new cases in the city raised fears of a second wave of infections. But authorities found no new…
Stocks make cautious gains as U.S.-China frictions slow recovery rally
Asian stocks eked out gains on Tuesday as investors’ focus on the prospects of a global coronavirus recovery won out over familiar worries about Sino-U.S. relations and the depth of economic damage. ( read original…
U.S. Lawmakers to Unveil Bill Banning Investment in Firms Tied to China’s Military
A group of Republican lawmakers plans to unveil legislation this week to keep Americans from investing in foreign defense companies with ties to China’s military, according to a document seen by … ( read original…
China may be using weak soybean demand and adequate supply as an opportunity to halt U.S. imports
News that Beijing has ordered state firms to halt purchases of farm products could well be an opportunistic political maneuver stemming from fundamental weakness on the demand side in China, said … ( read original…
Why Is Beijing Bailing Out Car Inc.?
Famed investor Carl Icahn couldn’t save an American emblem, Hertz Global Holdings Inc. So why does a Beijing-backed enterprise think it can rescue China’s largest car rental company? With its … ( read original story …)
China c.bank to buy bank loans to spur lending to small firms by 1 trln yuan
China’s central bank will start buying bank loans made by local lenders to small firms this week to try to prod banks to lend as much as 1 trillion yuan ($140.18 billion) to small businesses…
OK Group Launches OK Recruit, A Blockchain Talent Development Scheme
OK Group, the world’s leading blockchain enterprise, announced the launch of the blockchain talent recruitment and training plan, called OK Recruit, which is expected to create hundreds of job … ( read original story …)
Global Brands Leveraging Tmall 6.18 Shopping Festival To Tap China Consumption Rebound
Tmall, Alibaba’s premier B2C e-commerce platform, has kicked off its 6.18 Mid-Year Shopping Festival to stimulate China’s consumption engine and help global brands capture new post-Covid consumer … ( read original story …)
Stocks shrug off US unrest, China tensions amid easing of Covid-19 lockdowns – business live
Rolling coverage of the latest economic and financial news, as tensions simmer across the US and Hong Kong … ( read original story …)
In nod to #MeToo, China codifies sexual harassment by law
Zhou Xiaoxuan publicly accused one of China’s most recognizable people of groping and forcibly kissing her, setting off a firestorm in a country that did not specify sexual harassment as a legal … ( read…
China Delayed Releasing Coronavirus Info, Frustrating WHO
Throughout January, the World Health Organization publicly praised China for what it called a speedy response to the new coronavirus and thanked the Chinese government for sharing the genetic map of … ( read original…
Apple cuts iPhone prices in China as economy resumes: CNBC’s Arjun Kharpal
Apple has cut prices for its latest iPhone 11 range in China ahead of a major online shopping festival, in the hopes of boosting its sales momentum as the world’s second-largest economy gradually … (…
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