As the trade war dragged on during President Trump’s term, the tariffs on Chinese products ultimately weighed on both the U.S. and Chinese economies, leading to retaliatory tariffs on U.S. goods, … ( read original…
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UK chambers removes Xinjiang genocide opinion after China sanctions
A UK barristers’ chambers has sought to distance the majority of its members from a legal opinion written by four of its lawyers that implicated the Chinese government in “genocide” in Xinjiang after … (…
China sanctions the U.S., Canadian officials over Xinjiang
A statement from the Foreign Ministry says the head of the U.S. Commission on International Religious Freedom Gayle Manchin will be barred from visiting mainland China, Hong Kong or Macao, and for … ( read…
China ramps up financial supports for solar companies to accelerate deployment
China is to ramp up its support of domestic solar companies in a bid to fast-track development in the country. ( read original story …)
Can China prevent a US-style collapse of its manufacturing sector?
Manufacturing’s contribution to GDP has been in free fall since 2006 and alarm bells are starting to ring, experts say. ( read original story …)
Bank of East Asia to ride on AIA dominance in China after divesting insurance assets in partial victory for Paul Singer’s hedge fund
The latest sale also comes with a 15-year deal giving AIA Group the exclusive right to sell life insurance products to BEA’S personal banking customers in mainland China, Hong Kong and Macau for a fee…
China Seeks Feedback on Rules to Improve Credit Rating Industry
China’s central bank has started to seek public feedback on a policy document to overhaul the country’s credit rating industry, following a series of defaults by state-backed firms. ( read original story …)
Beijing enveloped in hazardous sandstorm, second time in two weeks
The Chinese capital Beijing woke on Sunday morning shrouded in thick dust carrying extremely high levels of hazardous particles, as a second sandstorm in two weeks hit the city due to winds from … (…
Three of China’s Big Five lenders post fourth-quarter profit increase of over 40%
Three of China’s largest lenders on Friday booked a jump in fourth-quarter net profit of well over 40%, the first green shoots since the global COVID pandemic battered borrowers last year. During the … (…
China Sets Duties on Australia Wine for 5 Years as Ties Sour
Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here.China will impose tariffs of more than 200% on Australian wine for five years, … ( read…
China-Russia alliance can never work, despite US rivalry, observers say
Beijing and Moscow are keen to boost cooperation and reduce their reliance on the US dollar, but ‘forging an alliance with Russia is not the best choice for China’, academic Cheng Yijun says. ( read…
Biden suggests initiative plan to rival China’s trillion-dollar ‘Belt and Road’
US President Joe Biden has suggested founding an initiative from “democratic” countries to rival China’s trillion-dollar Belt and Road infrastructure … ( read original story …)
Biden suggests rival plan to China’s ‘Belt and Road’
US President Joe Biden has suggested founding an initiative from “democratic” countries to rival China’s trillion-dollar Belt and Road infrastructure initiative as tensions spike between the Asian … ( read original story …)
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