Beijing’s top representative office in Hong Kong said on Saturday it strongly condemns sanctions imposed by Washington that targeted the bureau’s most senior official in the city, in addition to other … ( read original…
Tagged By finance
Are Canada’s local politicians a target for Beijing’s global PR machine?
Security experts say Beijing is looking for ways big and small to change the global narrative about the regime. Experts say Canadian officials at all … ( read original story …)
Goodbye, greenback! As they abandon dollar in trade, Russia & China could create ‘financial alliance,’ leading Russian expert says
Moscow and Beijing’s ditching of the US dollar could result in the creation of a “financial alliance,” according to a top Russian analyst. Alexey Maslov believes the partnership is approaching a … ( read original…
WeChat ban could cost companies like Walmart, Starbucks, and Nike big in China
As Tencent assesses how its business might be impacted by a U.S. decision to ban its messenger app WeChat in the country, American companies in China may become unintended casualties due to … ( read…
Billionaire Businesswoman Tops Ranking Of China’s Richest In Healthcare
China’s drug, medical equipment and medical device stocks have been on a tear this year, as the COVID-19 pandemic increases sales and raises global attention on the country’s leading suppliers. ( read original story …)
Markets could be challenged by Washington stimulus talks and China tensions
The debate over the next round of stimulus and rising tensions between the White House and China could create headwinds for the market. ( read original story …)
Beijing doesn’t want to “poison the business climate in China”, says expert
With President Trump’s executive order banning of popular Chinese apps TikTok and WeChat on the horizon, investors and regulators arewill mean for American companies and U.S-China relations, Paul … ( read original story …)
Tech stocks will still be ‘the winner’ in near future despite rising US-China tensions, Nasdaq rally, Deutsche Bank says
When the Nasdaq neared an all-time high Huynh began to be “a bit more cautious” about technology, but he still said that in the near future tech stocks will be the winner. ( read original…
Malaysia’s former finance minister arrested on graft charges over China-linked tunnel project
Lim Guan Eng will appear in court on Friday to face corruption charges over the US$1.5 billion undersea tunnel project in Penang. ( read original story …)
China’s New Yuan Loans Expected to Fall in July: Reuters Poll
China’s new bank loans are expected to fall in July after record lending in the first half of the year, but are still likely to be higher than a year earlier, … ( read original…
Trump preps bans on WeChat, TikTok, stoking tension with Beijing
U.S. President Donald Trump has unveiled sweeping bans on U.S. transactions with the Chinese owners of messaging app WeChat and video-sharing app TikTok, escalating a high-stakes confrontation with … ( read original story …)
U.S. action on China apps may hurt trade talks, tech market: Partners Financial
China tensions over TikTok have had a “very strong impact” on tech stocks and new action on WeChat could place trade talks and the tech market under greater pressure, says Ronald Wan, the … (…
China is still a ‘bright spark’ in CapitaLand’s portfolio, says group CFO on virus impact
Despite CapitaLand’s “challenging profit picture” so far in 2020, there have been “very encouraging signs” among our businesses in China, which went “first into the pandemic but also first out,” says … ( read original…
