While Beijing’s moves to deal with the problem appear a positive step, some analysts are wary of the way the rescues are being carried out. There is an unease that listed companies such as Industrial…
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Trump has tried to decouple from China, but ending US reliance on the country would cost America nearly $14 trillion, EY warns
Covid-19: Coronavirus wreaks havoc in China again—nearly 80,000 cases in a month; what is the situation in India?
Concerns rise over COVID-19 cases in India and China
China wants to end AI romances
China and Xi are seen more favorably than the U.S. and Trump in many nations, new survey says
Global Opinion Shifts Toward Favoring China Over the U.S., Poll Finds
China and Xi favored over U.S. and Trump in many nations: Survey
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Beware China’s dodgy bank bailouts
Lack of G7, IMF support seen dimming impact of U.S. move on China’s yuan
WASHINGTON (Reuters) – China is unlikely to face serious consequences from the Trump administration’s decision to label it a currency manipulator given the apparent lack of G7 and IMF support … ( read original story…
China is saving stimulus for trade war winter as Yuan weakens
The U.S.’s labeling of China as a currency manipulator “signifies the trade war is evolving into a financial war and a currency war,” and policy makers must prepare for long-term conflicts, Chen Yuan, … (…
Andy Murray to play Zhuhai and Beijing singles tournaments in China
Former world number one Andy Murray is to step up his return to singles by playing events in Zhuhai and Beijing. The Briton will make his singles return at this week’s Cincinnati Masters – seven…
Personalised skincare: Chinese tech firms muscle in on L’Oreal, Neutrogena and other beauty brands
Western skincare brands have introduced a new generation of tech-enabled devices that allow a hyper-personal approach to beauty and skin health. Now China’s leading photo editing company and … ( read original story …)
IMF says China should keep Yuan flexible as trade war widens
The IMF said directors on its executive board, which concluded its annual review of China on July 31, “concurred that greater exchange rate flexibility and deeper and better functioning FX markets … ( read original…
China’s SDIC says receives government approval for London IPO
SHANGHAI (Reuters) – China’s state-backed energy firm SDIC Power Holdings (600886.SS) has received government approval to issue 10% of its share capital as Global Depositary Receipts (GDRs) on the … ( read original story …)
Volatility in China’s yuan due to escalating U.S. trade friction: PBOC official
YICHUN, China/ SHANGHAI (Reuters … caution retaliation could widen in scope and severity, weighing further on business confidence and global economic growth. The yuan CNY=CFXS lost 1.6% … ( read original story …)
Versace Loses Chinese Brand Ambassador Amid T-Shirt Controversy
Versace has just lost its brand ambassador in China. Chinese actress Yang Mi said she’ll end her cooperation with the luxury fashion label after a controversy erupted online over claims that its … ( read…
China’s soft market turns brutal for domestic brands
SHANGHAI — Chinese brands continue to lose market share at home, and the biggest domestic automaker — Geely Automobile Holdings — is not immune, with sales tumbling more than 20 percent for the … (…
Hong Kong Protesters Defy Beijing Warnings, as Police Fire Tear Gas
HONG KONG — Defying warnings from China of a crackdown if they continued more than two months of protests, young demonstrators blocked a vital tunnel under Hong Kong’s Victoria Harbor on Saturday, … ( read…
Nova Scotia to build ‘100% China-friendly’ website, navigate censorship in bid to grow commerce
The decision is only the latest in a series of overtures by Premier Stephen McNeil’s provincial government to court business interests in China despite rising tensions between Canada and China. … ( read original story…
Bitcoin Safe Haven Sucking in Money From China, Says Blockchain Executive
Investors looking for an escape from yuan devaluation are flocking to Bitcoin as well as traditional fallbacks, says Chris Reinertsen. Speaking to Forbes in an interview on Aug. 8, Chris … ( read original story…
