SAYS PING AN INSURANCE GROUP’S UNIT SHENZHEN PING AN INNOVATION CAPITAL INVESTMENT HAS REDUCED ITS STAKE IN THE COMPANY TO 5.0% ON MAY 15 FROM 5.5% PREVIOUSLY Source text in Chinese: bit.ly/2AH6kIR … ( read…
Tagged By beijing
Tesla’s China car registrations plunge 64% month-on-month in April
U.S. electric vehicle maker Tesla Inc’s China car registrations slumped 64% in April, month on month, data from auto consultancy LMC Automotive showed. ( read original story …)
Pompeo calls on China to ‘immediately’ reveal Panchen Lama’s whereabouts
May 18 (UPI) –U.S. Secretary of State Mike Pompeo demanded China “immediately” reveal where it is holding Panchen Lama, a Tibetan Buddhist leader who was last seen 25 years ago at the age of six.…
Scientists in China believe new drug can stop pandemic ‘without vaccine’
A Chinese laboratory has been developing a drug it believes has the power to bring the coronavirus pandemic to a halt. The outbreak first emerged in China late last year before spreading across the ……
Xi Defends China’s COVID-19 Actions, Backs ‘Impartial’ Review Of Pandemic Response
President Xi Jinping did not specifically refer to any of President Trump’s criticisms. But he said the pandemic has exposed “weaknesses and deficiencies” in the global health system. ( read original story …)
An easing of coronavirus prevention measures helps China’s auto plants rev up
In the eastern Chinese city of Yuyao, a group of five face-masked workers at a Geely auto plant, stood almost shoulder to shoulder behind an SUV as they conducted paint and other quality checks. (…
Asia Today: Australia disappointed by China’s barley tariffs
Australia’s trade minister has described as “deeply disappointing” China’s decision to place tariffs of around 80% on Australian barley in a dispute that has been linked … ( read original story …)
China Supports Investigation Into Coronavirus Origin, But Says It ‘Acted With Openness, Transparency’
Xi also said it would be better if the probe was conducted once the pandemic was controlled, after more than 100 countries signed a resolution asking the World Health Assembly to investigate China. ( read…
China Considers Further Relief as Deadline Nears on $211 Billion in Bad Debt
In the battle to keep millions of China’s smaller businesses afloat, banks are counting on being allowed another round of exceptions for borrowers falling behind on payments.The regulator and some len … ( read original…
Beijing’s African port ready for aircraft carriers
A huge extension to China’s naval base in Africa has given Beijing its first permanent overseas military port capable of accommodating aircraft carriers, satellite images have shown.Although China … ( read original story …)
China reports six new coronavirus cases on May 18 vs 7 a day earlier
China reported six new coronavirus cases for May 18, compared to seven a day earlier, the health authority said on Tuesday. ( read original story …)
U.S.-China Feud Over Coronavirus Erupts at World Health Assembly
China’s president pledged $2 billion to fight the virus, a move the U.S. criticized as an effort to head off scrutiny of its handling of the pandemic. ( read original story …)
China Pledges $2 Billion to Fight Coronavirus as Donald Trump Threatens to Cut WHO Funding Permanently
The United States and China have feuded over the World Health Organization’s role in battling the novel coronavirus, with President Donald Trump criticizing the WHO and Chinese counterpart Xi Jinping … ( read original story…