Beijing and Moscow are keen to boost cooperation and reduce their reliance on the US dollar, but ‘forging an alliance with Russia is not the best choice for China’, academic Cheng Yijun says. ( read…
Tagged By finance
Biden suggests initiative plan to rival China’s trillion-dollar ‘Belt and Road’
US President Joe Biden has suggested founding an initiative from “democratic” countries to rival China’s trillion-dollar Belt and Road infrastructure … ( read original story …)
Biden suggests rival plan to China’s ‘Belt and Road’
US President Joe Biden has suggested founding an initiative from “democratic” countries to rival China’s trillion-dollar Belt and Road infrastructure initiative as tensions spike between the Asian … ( read original story …)
China: Central bank put helpful tools for carbon reduction
China’s central bank will put helpful implements for carbon lessening to push commercial banks to guide more financial resources to green industries, as part of efforts to ease the country’s objective … ( read original…
China Pharma Holdings, Inc. Reports Fiscal Year 2020 Financial Results
China Pharma Holdings, Inc. (NYSE American: CPHI) (“China Pharma,” the “Company” or “We”), an NYSE American-listed corporation with a fully-integrated specialty pharmaceuticals subsidiary based in … ( read original story …)
Frustration among women in China as new divorce law stalls process
Better access to education and jobs in recent decades has improved the financial independence and social status of women in China, who as a result seemingly have less tolerance for unhappy marriages. ( read original…
America’s campaign against Vladimir Putin will hand China an easy victory
President Biden’s tirade against Putin may well be designed to secure the best possible deal in eventual negotiation. ( read original story …)
Beijing and Ankara won’t put up with the U.S. hegemony
When the value of the lira fell by more than 40 percent in 2018, the state-owned Industrial and Commercial Bank of China provided the Turkish government with $3.6 billion in loans for ongoing energy ……
Fate of trade pact hangs in the balance amid Beijing-Taipei tensions
There are growing voices in mainland China calling for an end to the agreement, but observers say that’s unlikely. ( read original story …)
US fears China is flirting with seizing control of Taiwan
The US is concerned that China is flirting with the idea of seizing control of Taiwan as President Xi Jinping becomes more willing to take risks to boost his legacy. “China appears to be moving…
Baidu, Tencent in U.S. extend slide after SEC actions amid U.S.-China tension
U.S.-listed shares of China based Baidu Inc and Tencent Music Entertainment group plunged this week, dropping as much as 33.5% and 48.5%, respectively, from Tuesday’s closing levels. Talks last week … ( read original story…
China imposes sanctions on UK MPs, lawyers and academic in Xinjiang row
Former Tory leader Iain Duncan Smith says he will wear the retaliation like a ‘badge of honour’ … ( read original story …)
China’s economy will become larger than that of the U.S. by 2032, says economist
The U.S. will still remain richer than China in GDP per capita terms for at least 50 years or more, says Simon Baptist of the Economist Intelligence Unit. ( read original story …)
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