Beijing on Tuesday praised a British diplomat who was filmed diving into a river in southern China to save a drowning student, a rare warm moment between two countries at loggerheads over human rights ……
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West China Hospital’s COVID-19 vaccine candidate enters mid-stage human trial
An experimental coronavirus vaccine developed by West China Hospital has entered a mid-stage human test, authorities of China’s southwestern province of Sichuan said on Tuesday. A Phase 2 trial to … ( read original story…
China Sees Little Fallout From Ant IPO Suspension
Fang Xinghai, vice chairman of the China Securities Regulatory Commission, says international investors have responded “quite well” to the suspension of Ant Group Co.’s initial public offering. He … ( read original story …)
Huawei confirms sale of Honor business to Shenzhen consortium
Huawei has confirmed an agreement to sell its consumer smartphone brand Honor and related business to a consortium led by the city of Shenzhen and local dealers of Honor products. No financial details … (…
Recent China debt defaults do not pose a systemic risk: BlackRock
BlackRock’s Neeraj Seth looks at the opportunities for investing in Asian credit and explains why he’s looking to add risk into Chinese high-yield bonds. ( read original story …)
Top Beijing official says patriotism must sit at the heart of Hong Kong’s political system, as he urges judicial reform in the city
A top Beijing official has declared that clarifying state allegiance rules for Hong Kong lawmakers is a key step to establishing the patriotism that must underpin the city’s political system, as he … ( read…
British diplomat rescues drowning student in China
A British diplomat is being hailed as a hero after saving a drowning college student in southwest China on Saturday. ( read original story …)
Crypto exchange crackdown, bond on hold: Blockheads
The crypto exchange crackdown continues, miners can’t pay for electricity, and a $3 billion blockchain-based bond is paused. ( read original story …)
Baidu Paying $3.6 Billion for JOYY’s China Live-Streaming Business
Baidu, China Internet search and AI giant, has agreed to pay $3.6 billion in cash for the Chinese live-streaming business of JOYY. The deal may help Baidu catch up in the fast-growing live and ……
Beijing prepares blacklist to target ‘diehard Taiwan separatists’
Beijing is drafting a blacklist of “diehard Taiwan separatists” as a warning to Taipei not to get too close to Washington, according to two mainland official sources specialising in Taiwan affairs. ( read original story…
China’s Pinduoduo: Not looking to list in Hong Kong for now
Pinduoduo currently intends to keep focusing on its business in China and invest in user experiences plus operations to improve our consumers’ experiences, says David Liu, vice president of strategy. ( read original story …)
Outgoing US Justice Department officials call their ‘China Initiative’ to counter Beijing a success
The US Justice Department gave itself high marks in a report card released on Monday on the second anniversary of its “China Initiative”, a programme aimed at blunting Beijing’s influence in the … ( read…
China’s Tsinghua Unigroup Defaults on $198 Million Bond: Sources
SHANGHAI (Reuters) – Tsinghua Unigroup, a major government-backed player in China’s technology race, has defaulted on a 1.3-billion-yuan ($197.96 million) bond, three sources said, as several … ( read original story …)
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