China’s richest man Jack Ma had more than £2billion wiped off his fortune in one day after Beijing blocked Ant Group’s blockbuster float. Shares in his e-commerce giant Alibaba, which owns a third of ……
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If Biden gets elected, I hope he will strengthen national security: Kyle Bass on U.S.-China relations
Kyle Bass, Chief Investment Officer at Hayman Capital Management, joins ‘Closing Bell’ to talk about how U.S. and China relations would look if Joe Biden is elected as the next president of the U.S. (…
China Isn’t Nervous About the U.S. Election
The winner simply isn’t that important to Chinese leaders or the general public, who see the United States as a power in decline. ( read original story …)
Coronavirus in China: Xinjiang counties carry out mass testing for a fourth time in 12 days
All residents of Shufu and Aktau, in China’s far west, are to be tested again amid fresh outbreak. Authorities made the decision after hundreds of asymptomatic cases were found. ( read original story …)
Hong Kong leader Carrie Lam asks central government to support tech cooperation with Shenzhen, keep city posted on Covid-19 vaccine
Hong Kong leader Carrie Lam Cheng Yuet-ngor has called on China’s science minister to support the city’s closer cooperation with Shenzhen in the development of a planned innovation and technology park … ( read original…
China Media Told to Stay Low-Key on U.S. Election
The big news in Chinese media isn’t the U.S. election—it’s the delayed listing of the massive Ant Group, the financial giant owned by the billionaire Jack Ma, on the Chinese stock market. Without that ……
China warns U.S. after drone sales to Taiwan
China is not ruling out a stern response to the latest U.S. weapons sales to Taiwan: MQ-9 Reaper drones worth $600 million recently approved by the U.S. State Department. ( read original story …)
Why China is the biggest foreign policy risk facing the U.S., according to a scholar
China remains the biggest foreign policy risk facing the U.S., according to Liz Economy, a senior fellow at Stanford University’s Hoover Institution. ( read original story …)
BMW Sales Boosted by China’s Strong Covid-19 Recovery
BMW, the German luxury car maker, reported strong growth in profits and new vehicle sales in the third quarter, as China’s robust recovery from the pandemic continues to bolster premium auto brands. ( read original…
China’s yuan has its worst fall in years on fears of renewed US tension
The US presidential election is far from decided. But Chinese markets may already be getting jittery about the possibility that President Donald Trump could pull out a second term. ( read original story …)
In China, bemusement and scorn over unresolved U.S. election
Chinese social media users watched election day in the United States with bemusement and mockery, as President Donald Trump complained of a “major fraud on our nation” and falsely claimed victory … ( read original…
Ant Group: China yanks IPO to show Jack Ma who’s really in charge
Beijing just showed tech titan Jack Ma and the rest of China’s billionaire tycoons who’s really in charge. Chinese regulators stunned financial markets on Tuesday when they slammed the brakes on Ant … ( read…
China says U.S. sends out ‘wrong signals’ to Taiwan on proposed drone sale
U.S. relations have plunged to their lowest level in decades amid disputes about security, technology, the coronavirus pandemic and human rights. ( read original story …)
