Rolling coverage of the latest economic and financial news … ( read original story …)
Tagged By covid-19
China is in for ‘a tough time’ as U.S. targets tech sector, expert says
Tensions between the two countries in the technology space heated up over the weekend with the U.S. considering blacklisting China’s largest chipmaker, Semiconductor Manufacturing International … ( read original story …)
China’s Exports Ramp Up as Countries Emerge From Lockdowns
China’s export machine gained steam in August as countries gradually recovering from coronavirus lockdowns, including the U.S., snapped up more Chinese-made goods. ( read original story …)
China says can cooperate with U.S. journalists if Chinese media treated fairly in U.S
China “would be glad” to continue its “excellent cooperation” with U.S. journalists in the country if Chinese journalists in the United States are treated fairly, a foreign ministry spokeswoman said, … ( read original story…
China lands its first reusable spacecraft as state media hails it as an ‘important breakthrough’
China has successfully launched and landed an experimental reusable spacecraft, according to state-owned media Xinhua news agency. ( read original story …)
Indian army asks China’s PLA if missing civilians in their custody
The Indian Army said on Monday it has asked its Chinese counterpart if five Indian civilians who went missing from an eastern border state days ago were in their custody, while tension remains high on…
With Shenzhen poised in the wings, is Hong Kong’s time in the sun over after protests, Covid-19 pandemic and US-China row?
Hong Kong’s premier position has weakened in the past year as it was rocked by months-long civil unrest and hit by economic recession amid pandemic. ( read original story …)
Jiangmen needs a signature company like Shenzhen’s Tencent to thrive as a Greater Bay Area industrial base, Colliers says
The manufacturing city in the west of the bay area is attracting new businesses as it modernises, but it needs a ‘core industry’, says Bryan Chan of Colliers. ( read original story …)
SMIC shares sink, U.S. ban worries cloud China’s hopes for chip self-sufficiency
China’s biggest chipmaker SMIC plunged a fifth on Monday in response to news of potential U.S. sanctions against the company, wiping $28 billion off its market value and prompting analysts … ( read original story…
Improvement in China’s trade data, but there is turbulence ahead, says economist
China’s exports are strong, but imports are lagging as domestic consumption continues to be rather weak, says Gary Ng, Asia-Pacific economist at Natixis. ( read original story …)
China’s strong exports growth in August would boost the country’s growth in second half of 2020
However, China’s export growth may not be sustainable as it has been boosted by demand for personal protective equipment and work-from-home items during the pandemic, says Bo Zhuang, chief China … ( read original story…
Asia Today: Beijing holds trade fair, hot spots see declines
Organizers reported strong turnout at an event in Beijing billed as the first hybrid online and in-person trade show staged since the coronavirus pandemic began. A total … ( read original story …)
Beijing show goes on — but not with execs
Delayed from late April, the Beijing auto show is set to begin on Sept. 26, making it the sole survivor, so far, of all the major international auto exhibitions canceled this year because of the…
