A fifth-generation (5G) telecoms tender in Brazil should not be contaminated by ideological battles with China and more competition will lead to better prices for consumers, the head of the lower … ( read original…
Tagged By finance
Coronavirus speeds up American suppliers’ exodus from China
Seventy-six percent of U.S. CFOs with production in China say at least some manufacturing will shift out of the country. ( read original story …)
Coronavirus latest: Beijing describes new outbreaks in the city as ‘very severe’
ECB’s Fabio Panetta says the governing council ‘if necessary’ will discuss purchasing bonds that have lost their investment grade rating, a drop in demand for oil looks set to last into 2021 and econo ……
CORRECTED-China reports 40 new coronavirus cases in mainland, 27 in Beijing
Mainland China reported 40 new confirmed coronavirus cases for June 15, down from 49 a day earlier, the National health authority said on Tuesday. The NHC reported 8 new imported coronavirus cases in … (…
China Churns Out Record Steel in May as Demand Picks Up
A recovery in construction and manufacturing activities from the coronavirus-led slump is driving demand for steel in China. ( read original story …)
Don’t Believe the China Hype
The coronavirus pandemic seems to cement the notion that China is replacing the United States as the world’s premier economic superpower. Should we have expected anything else? After all, as the … ( read original…
China’s Tencent Video Eyeing Takeover of Streaming Rival iQIYI (Report)
Chinese social media and entertainment giant Tencent may be eyeing a move to take over rival video streaming firm iQIYI. A combination of the two would a create streaming platform comparable in … ( read…
China says asks Canada to investigate pests found in logs
China’s foreign ministry has asked Canada to investigate pests found in shipments of logs, spokesman Zhao Lijian told reporters at a daily briefing on Tuesday. BEIJING, June 16 (Reuters) – China’s … ( read original…
A second wave of infections would mean downside risks to China equities: UBS
Wendy Liu of UBS Investment Bank, expects investors and central banks alike to adopt a “wait and see” approach to the possibility of a second wave of infections after a Covid-19 outbreak in Beijing. (…
Former Hong Kong envoy chosen as new British ambassador to China
Britain has appointed a former top envoy to Hong Kong during the “umbrella movement” as its next ambassador to China, a move that comes as London hardens its stance on Beijing amid the row over…
China 10-year treasury futures plunge as special treasury bond issuance looms
Chinese government bond futures plunged on Tuesday, pressured by market expectations of less liquidity as special treasury bond issuance loomed. ( read original story …)
More than 100 infected in Beijing food market coronavirus outbreak
Beijing has closed schools, shops and weddings in some districts and brought back travel restrictions as the surge sparks fears of a second wave. ( read original story …)
China shares close higher on hopes of outbreak control, U.S.-China talks
China shares ended higher on Tuesday, with sentiment lifted by confidence in Beijing’s capability to control the latest resurgence of coronavirus cases and expectations of bilateral Sino-U.S. talks. * … ( read original story …)
