Four of China’s five largest state-owned banks said they have increased their provisions against bad debt to brace for future losses due to the impact of the global coronavirus pandemic. ( read original story …)
Tagged By beijing
Death toll rises to 29 after restaurant collapse in China’s Shanxi province
Twenty-nine people were killed and seven seriously injured when a restaurant collapsed in northern China’s Shanxi province, the country’s emergencies ministry media said on Sunday. ( read original story …)
China’s Wang Yi tells other countries not to interfere in Chinese internal affairs
The Chinese government’s top diplomat, State Councillor Wang Yi, said on Sunday what was happening in the Xinjiang region and Hong Kong was an internal Chinese matter and that other countries should … ( read…
China strikes debt deals with poor nations under G20 scheme
China says it has struck agreements with half of the 20 low-income nations that have requested debt restructurings as part of their efforts to tackle the coronavirus pandemic. “Work on this is … ( read…
China’s Brand of Communism
Communism is back in the news. That’s in part because the Trump administration has made a national priority of informing the public about the China challenge. Earlier this summer four … ( read original story…
Senior China diplomat says it’s possible to agree EU-China investment accord by end-2020
The Chinese government’s top diplomat, State Councillor Wang Yi, said on Sunday it was possible to conclude an EU-China investment accord by the end of 2020. ( read original story …)
Opinion: COVID-19 shows we cannot rely on China for medical supplies
America cannot afford supply chain disruptions that led to product shortages like those we experienced at the outset of this pandemic, Walberg writes. ( read original story …)
South Korea running out of sickbeds in COVID-19 resurgence
South Korea reported more than 300 infections of the new coronavirus on Saturday, the 16th day of three-digit rises, fanning concerns about a worsening shortage of sickbeds amid a resurgence of … ( read original…
TikTok: China’s new export rules could give Beijing control over sale: expert
China has updated a list of technologies banned for export to include categories that could apply to the video-sharing app TikTok. This would give Beijing the last word on whether the app must sell ……
China export restrictions pose new risk for TikTok sale in US
China’s inclusion of new technologies on an export restrictions list could hamper TikTok’s sale in the US, according to state media reports, in the latest ratcheting up of trade tensions between the … ( read…
China’s new tech export controls could give Beijing a say in TikTok sale
China’s new rules around tech exports mean ByteDance’s sale of TikTok’s U.S. operations could need Beijing’s approval, a Chinese trade expert told state media, a requirement that would complicate the … ( read original story…
With a Wary Eye on China, Taiwan Moves to Revamp Its Military
The self-governing democracy is taking steps to bolster its armed forces in order to deter or defeat an invasion from China — with or without American help. ( read original story …)
Beijing continues military drills in South China Sea amid rising tensions
US Defence Secretary Mark Esper and Japanese Defense Minister Taro Kono on Saturday reiterated their commitment to maintain a ‘rules-based order’ in the East and South China Seas … ( read original story …)
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