After months of maneuvering over the future of TikTok, it took last-minute phone calls to persuade President Trump to sign off in principle on the outlines of an agreement to keep the app operating in…
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Ex-Goldman economist Jim O’Neill says China’s economy ‘well on the way’ to recover from coronavirus
Jim O’Neill, former chief economist at Goldman Sachs, pointed to the latest Chinese consumer spending data as a sign of China’s accelerating recovery … ( read original story …)
China Shows Off What Happens ‘If War Breaks Out Today’ Amid Taiwan Tensions with U.S.
“If they play around, if they want to play the game, they’ve got some big problems,” President Donald Trump warned. ( read original story …)
Credit Suisse, UBS Fight for China Bankers in Growing Talent War
(Bloomberg) — A battle for financial talent is intensifying in China, one of the few places worldwide where global banks are firmly in hiring mode. Credit Suisse Group AG this month hired a dozen ……
China Eyes Quick and Loose Carbon Market Start as Deadline Looms
(Bloomberg) — In a rush to start the world’s biggest carbon market, China is looking to have a more lax approach to emissions rather than cut greenhouse gases in the short-term. Under pressure … (…
China’s property developers seek to dodge new rules with shift of debt off balance sheets
China is tackling unbridled borrowing in the real estate development sector anew with caps for debt ratios. Dubbed “the three red lines”, Chinese regulators outlined caps for debt-to-cash, debt-to-ass … ( read original story …)
Swedish space agency halts new business helping China operate satellites
has decided not to renew those contracts or seek new business with China, it said on Monday. “The geopolitical situation has changed since these contracts were signed in the early 2000s. ( read original story…
U.S. Charges New York Police Officer With Acting as Agent for China
A federal indictment says New York police officer Baimadajie Angwang served as an intelligence asset to officials stationed at the Chinese consulate and used his position to provide them with access … ( read original…
Ocean observation satellite launches from China
C satellite lifted off from northwest China’s Jiuquan Satellite Launch Center. More From ABC News Like us on Facebook to see similar stories Please give an overall site rating: … ( read original story …)
NYPD officer arrested on charges of spying for China
A New York City police officer was arrested after allegedly spying on China’s behalf for the past six years.Baimadajie Angwang, 33, who worked as a community affairs liaison in Queens, spied on … ( read…
NYPD officer helped China spy on Tibetan community, feds say
Let them [superiors in Beijing] know you have recruited one in the police department,” Angwang told one of the Chinese government officials, prosecutors say. ( read original story …)
HSBC, Deutsche Bank Lead Bank Stock Sell-Off Following Money Laundering Allegations, Potential China Blacklist
HSBC Holdings plc (NYSE: HSBC) shares dropped more than 6% on Monday following reports the bank was involved in large-scale money laundering over a period of nearly two decades.Investors in HSBC and t … (…
Surrogate Cares for Baby Months After Giving Birth as COVID-19 Keeps Parents in China
Emily Chrislip and her husband Brandon initially agreed to care for the baby for a maximum of four weeks but it has now been over four months … ( read original story …)