China’s retail sales slipped in July, dashing expectations for a modest rise, as consumers in the world’s second-largest economy failed to shake off wariness about the coronavirus, while the recovery … ( read original story…
Tagged By covid-19
China produces record crude steel in July on strong demand
China produced a record amount of crude steel in July as the government boosted infrastructure spending, while the manufacturing sector rebounded as the world’s second-largest economy reopened after … ( read original story …)
Asian shares mixed on weak China data, worries over pandemic
Asian shares are mixed, cheered by the rally on Wall Street that’s likely a boon for export-driven regional economies, even as investors worry about the coronavirus pandemic … ( read original story …)
U.S. designates Confucius Institute foreign mission of Beijing
Trump administration on Thursday designated the Confucius Institute U.S. Center as a foreign mission, accusing it of being apart of the Chinese Communist Party’s propaganda machine. ( read original story …)
Sino-U.S. tensions to hurt China, U.S. and the world: stats bureau
China will be able to maintain steady economic growth this year although the tensions between China and the United States will negatively impact the two countries and the world, China’s National … ( read original…
US, China To Discuss Trade Deal Amid COVID-19 Disruption
Negotiators from the United States and China will on Saturday discuss the “phase one” trade deal signed earlier this year — before the coronavirus slammed the world economy and relations between the … ( read…
Exclusive: China pushes First Capital merger in drive to take on Wall St.
China plans to merge domestic broker First Capital Securities with smaller rival Capital Securities, three sources said, underscoring Beijing’s determination to consolidate the brokerage … ( read original story …)
Dollar drifts higher as coronavirus, China data sap confidence
The dollar drifted higher on Friday, helped by strong U.S. jobs data as well as firmer global demand for safe-havens amid concerns about the coronavirus recovery, setting the currency up to … ( read original…
China central bank to conduct MLF operations on Monday as 400 billion yuan of such loans expire
China’s central bank said it would conduct medium-term lending facility (MLF) operations on Monday, as a batch of 400 billion yuan ($57.6 billion) worth of such loans expired on the day … ( read original…
China mainland reports 30 new coronavirus cases on August 13 vs 19 a day earlier
China reported 30 new coronavirus cases on the mainland on Aug. 13, up from 19 on the previous day, the country’s health authority said on Friday. ( read original story …)
U.S. to Classify Beijing-Backed Confucius Institute Center as Foreign Mission
The State Department said it is classifying the China-backed Confucius Institute U.S. Center as a foreign mission to draw scrutiny to the ways the Trump administration says the center’s Chinese … ( read original story…
China mainland reports 30 new coronavirus cases on Aug. 13 vs 19 a day earlier
China reported 30 new coronavirus cases on the mainland on Aug. 13, up from 19 on the previous day, the country’s health authority said on Friday. ( read original story …)
The US cooperated with the Soviets on smallpox – it should do the same with China on COVID-19 vaccine distribution
If the U.S. and Soviet Union could cooperate at the height of the Cold War, the United States and China can cooperate now – and the world will be healthier for it. ( read original…
