Morgan Stanley analysts predict the Chinese yuan will account for between 5% to 10% of global foreign exchange reserve assets by 2030, putting the currency into third place. ( read original story …)
Tagged By covid-19
Comac C919: China takes on Airbus and Boeing
The Comac C919 is China’s first medium-haul passenger jet aircraft and it’s a direct challenger to the Boeing B737 and the Airbus A320. ( read original story …)
China’s auto sales to grow slightly in next five years, industry body predicts
China’s auto market, the world’s biggest, is expected to grow only slightly in the next five years, the country’s top auto industry body said on Friday. ( read original story …)
Dinner in Beijing, China
People eat dinner at a restaurant in Beijing, China. ( read original story …)
China’s August exports seen keeping solid momentum; imports flat: Reuters poll
China’s exports likely posted a second month of solid gains in August as more of its trading partners relaxed coronavirus lockdowns and reopened their economies, while imports edged back into growth, … ( read original…
Analysis: China’s rise takes the world into uncharted waters
Twice in the 20th century, Japan challenged the West, first in a military-led attempt to become an imperial power and then as an industrial powerhouse. Now it is China’s turn … ( read original story…
US Paper Says Reporter Was Held in China’s Inner Mongolia
A U.S. newspaper says one of its journalists was detained and then expelled from China’s Inner Mongolia region while covering tensions over a new policy that reduces the use of the Mongolian language … (…
Yum China to raise $2.2 billion in Hong Kong secondary listing
The company had flagged it would sell 41.91 million shares in the deal and the price is a 4.8% discount to the stock’s Thursday closing price of $55.92 in the U.S. ( read original story…
China tech shares hit as global stock rally thrown into reverse
Chinese shares tumbled and US stock futures slid further after the record rally in global equities this year was thrown into sharp reverse by a sell-off of tech stocks. China’s CSI 300 index of ……
‘Beijing has many tentacles’: readers respond to Morrison’s foreign policy decree
Many readers welcomed the federal government’s planned intervention on deals between local and state governments, and universities, with China. However, others highlighted the likely economic fallout … ( read original story …)
Mainland China reports 25 new COVID-19 cases vs 11 a day earlier
Mainland China reported 25 new COVID-19 cases on Sept. 3, up from 11 reported a day earlier, the country’s national health authority said on Friday. ( read original story …)
China Tells U.S. to Stay Out Of Its Border Fight with India
“We don’t accept countries outside the region pointing fingers, let alone meddling or making instigation, which will only endanger the regional peace and stability,” China’s embassy in India said. ( read original story …)
RPT-FACTBOX-China’s national oil companies outline early green energy plans
PetroChina, Sinopec Corp and CNOOC Ltd are working on the following green initiatives, according to company executives at earnings briefings and email replies to Reuters. ( read original story …)
