Last week, the state market regulator fined Luckin and the companies that assisted its sales fraud. New Chinese brands are attracting investor attention. ( read original story …)
Tagged By beijing
China’s domestic economy ‘isn’t contracting the way the rest of the world is,’ says market strategist
Yogi Dewan, CEO and founding partner of Hassium Asset Management, discusses the positive outlook for China’s domestic consumption despite the pressure on its export-led recovery. ( read original story …)
Trump Says China Wants Him to Lose the U.S. Presidential Election. The Truth Is More Complex
With U.S. officials alleging that China is interfering in the electoral process, Beijing is wary of being perceived to favor one candidate or the other. And while Trump says China wants him to lose ……
China’s ‘dual-circulation’ model not a short-term response to COVID-19, U.S. frictions: adviser
China’s new “dual circulation” economic strategy proposed by President Xi Jinping is not a short-term measure to cope with the COVID-19 pandemic or frictions with the United States, an adviser to … ( read original…
Breakingviews – Corona Capital: China GDP, Plumbing, Swedish news
Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. CHASING TARGETS. Chinese officials scrapped their annual … ( read original story …)
HK stocks fall as coronavirus concerns outweigh China recovery hopes
Hong Kong stocks fell on Tuesday as growing concerns over the coronavirus pandemic outweighed China recovery optimism. ( read original story …)
For Hong Kong Protesters Caught at Sea, Trial in China Is Likely
Detained by the Chinese Coast Guard as they tried to flee the city, the activists are now in the hands of the mainland’s opaque criminal justice system. ( read original story …)
China announced new climate goals. But it can’t quit coal just yet.
China’s President Xi Jinping announced new climate targets during his Sept. 22 address to the U.N. General Assembly, including the nation’s plan to achieve carbon neutrality before 2060. China’s … ( read original story …)
Map of China on U.S. Military Badge Angers Beijing
Chinese state media said the badge—used by troops taking part in a drone attack drill off California—was evidence of U.S. aggressive intentions in the South China Sea. ( read original story …)
Chinese tourists visit Beijing’s military museum
A Chinese tourists stands near China’s Dong Feng 2 ballistic missile on display at Beijing’s National Military Museum of Revolution March 22, 2009. The head of the U.S. Pacific Command last week … ( read…
China real estate takes back seat as hopes pinned on consumption to drive recovery
China is tapping the brakes on property prices and cutting the availability of mortgage loans to spur households to spend instead of repaying debt, as policymakers try to ignite private consumption … ( read original…
China’s crypto confusion, new privacy tools: Blockheads
CCTV called crypto 2020’s best asset on the same day that a police official said crypto is responsible for $145.5 trillion in illegal outflows. % … ( read original story …)
China’s domestic travel sees ‘L-shaped’ recovery post-coronavirus: Morningstar
While China’s Golden Week is likely to boost passenger volumes slightly, its airlines remain “a bit far off” from entering profitable territory, says Morningstar’s Ivan Su, who adds that the country’s … ( read original…