President Xi Jinping has accumulated legions of powerful critics in China since he took office in early 2013. There are the once-powerful officials who have been felled by his sweeping anti-corruption … ( read original…
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Biden, as President, Will Shift U.S. Toolkit on China
The president-elect will advance Washington’s tough, new attitude toward China, but with an approach that relies more on pressure from U.S. allies, sanctions and other tools to shape Beijing’s … ( read original story …)
Washington should not force countries to choose between the U.S. and China, says ex-diplomat
Many countries, especially those in Southeast Asia, want to maintain “strong links” with the U.S., said Kishore Mahbubani, a former Singapore diplomat. ( read original story …)
‘His speech was perfect’: China celebrates Biden win amid hopes for warmer ties
Do not forget to tell me at my grave the good news.” Few presidents have elicited as strong of a reaction in China as Trump, whose victory in 2016 was met with a brief honeymoon…
China’s tech industry relieved by Biden win: but not relaxed
China’s technology industry, one of President Donald Trump’s main targets in Washington’s tussles with Beijing, hopes Joe Biden can create a more constructive relationship – but few think the rivalry … ( read original story…
China crude oil imports are likely weaker than data suggests: Russell
China’s imports of crude oil slipped as expected in October, but while a 12.2% drop appears significant, the actual state of demand was probably even weaker. The world’s biggest crude importer … ( read original…
Ant faces tortuous path back to market as Beijing tightens rules
If investors in Ant Group were hoping China’s biggest fintech would rapidly bounce back from the last-minute suspension of its $37bn listing, Beijing was quick to disa … ( read original story …)
China is turning its focus toward medium-term economic recovery: Cornell
China is starting to prioritize its goal of rebalancing its economy and financial system risks again, says Eswar Prasad of Cornell University. ( read original story …)
Coronavirus: Taiwan says it is not invited to WHO pandemic meeting after China’s ‘obstruction’
Taiwanese foreign ministry says exclusion based on political consideration of China makes a mockery of WHO’s ‘health for all’ claim. ( read original story …)
How the ‘durian of soup’ became the hippest dish in China
Just like the notorious durian fruit, luosifen — a snail-based noodle soup dish — has created a huge buzz on Chinese social media thanks to its infamous smell. While some claim the scent is mildly…
Debt-laden China Evergrande ends Shenzhen listing plan, some investors to stay on
Evergrande has been scrambling to raise cash as China’s government tackles what it considers excessive borrowing in the real estate development sector. ( read original story …)
UPDATE 1-Debt-laden China Evergrande ends Shenzhen listing plan, some investors to stay on
Debt-laden China Evergrande Group said it has decided to terminate a reorganisation plan with Shenzhen Special Economic Zone Real Estate & Properties Group Co Ltd, ending a long-awaited backdoor … ( read original story …)
Taiwan says not invited to WHO meeting after China’s ‘obstruction’
Taiwan is yet to receive an invite to a key World Health Organization (WHO) meeting this week expected to focus on the COVID-19 pandemic due to “obstruction” from China, the island’s foreign ministry … (…