Net imports in April crashed by about 176% to -10.3 tonnes versus the previous month, data from the Hong Kong Census and Statistics Department showed on Monday. The drop came after net gold imports ……
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China’s net gold imports via Hong Kong negative, first time since 2011
Delta and United Airlines caught up in rising US-China tensions
Rising tensions between the United States and China are spilling over into the airline industry. Washington has accused Beijing of blocking American carriers from resuming flights to China, prompting … ( read original story …)
China blames U.S. for growing coronavirus tensions
The ratcheting up of tensions comes as Beijing is hounded by questions over alleged missteps in its initial response to contain the virus. ( read original story …)
WRAPUP 1-Hong Kong and Beijing officials defend security laws, citing threat of terrorism
China’s foreign ministry office in Hong Kong and the city’s security chief on Monday defended proposed national security laws by describing some acts in mass pro-democracy protests last year as … ( read original story…
Oil Edges Past $33 But Rising U.S.-China Tensions Cap Rally
Oil traded near $33 a barrel as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in demand.China warned on Sunday that some in…
Why China Uses ‘Special Debt’ to Help Economy Recover
With the virus pandemic pummeling China’s economy, the government plans to sell 1 trillion yuan ($140 billion) of special government bonds to help fund public health and Covid-19 recovery efforts — … ( read original…
Tang Palace (China) Holdings Limited’s (HKG:1181) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Holdings’ (HKG:1181) recent performance, when its stock has declined 36% over the past three months. However, a closer look at its sound financials might cause you to think again. Given that … ( read original…
China Strongly Condemns U.S. Blacklisting Dozens of Its Firms
China condemned the U.S. adding 33 Chinese entities to a trade blacklist, a move that risks potential retaliation from Beijing as tensions between the world’s two-biggest economies deteriorate further … ( read original story …)
Hong Kong standoff leaves U.S. and China on “brink of new Cold War”
Beijing bristles as U.S. officials join global chorus backing huge protests against perceived power-grab by China over semi-autonomous region. ( read original story …)
A member of China’s parliament suggests setting up national blockchain development fund
Tan Jieqing, a member of China’s parliament, or National People’s Congress, has recommended setting up a national, government-backed blockchain development fund.The post A member of China’s parliament … ( read original story …)
China Demands US Withdraw Sanctions on Tech Suppliers, Says It’s ‘Politicizing Business’
China demanded Monday that Washington withdraw export sanctions imposed on Chinese companies in the latest round of a worsening conflict over technology, security and human rights. ( read original story …)
The Retired U.S. Senator and Diplomat Shilling for China’s Propaganda Machine
Baucus, a Democrat who also served as a U.S. senator from Montana from 1978 to 2014, first compared Trump’s attacks on Beijing to the rhetoric used by Joseph McCarthy and Adolf Hitler in a May…
Hong Kong and Beijing officials defend security laws, citing threat of terrorism
Calls for independence are anathema to Beijing, which considers Hong Kong an inalienable part of the country. The proposed framework stresses Beijing’s intent to crack down on such acts. Protests are … ( read original…
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