European shares fell on Tuesday as worries over the coronavirus pandemic overshadowed Chinese trade data that pointed to a buoyant recovery, while the U.S. dollar edged away from a three-week low. The … ( read…
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Coronavirus: China calls off top international air show
China has cancelled its biggest air show for this year because of the coronavirus pandemic. Airshow China – held every two years in the southern city of Zhuhai – is a chance for some of…
K-pop boy band BTS faces boycott calls in China over Korean War comment
Some Chinese are upset after singer pays tribute to U.S. troops in the conflict, prompting brands to minimize potential economic fallout. ( read original story …)
Renminbi gains as China strengthens
But, after blundering badly when it covered up the initial outbreak of Covid-19 in Wuhan, China contained the virus more swiftly than most countries thanks to a fierce lockdown. As a result, the … (…
U.S.-China Trade Soars by a Fifth, Despite Trump Tariffs
The world’s second largest economy saw its trade growth accelerate in September. Exporters reaped the benefits of record demand for masks and medical supplies and received a boost from China’s early … ( read original…
Hong Kong’s leader ‘doesn’t mind’ Shenzhen’s rise, as central government heaps incentives on mainland ‘model city’
Hong Kong’s leader has said she does not mind that Shenzhen has surpassed its GDP, adding that rather than seeing the neighbouring tech hub as a competitor, she hopes Beijing will allow the two cities…
Shenzhen residents embrace digital currency
China’s central bank has issued 10 million yuan ($1.5m; £1.1m) worth of digital currency to 50,000 people in the Shenzhen area via a lottery. The move is the latest in a series of trials testing…
Asia Today: China city says it’s tested 3 million for virus
Authorities in the eastern Chinese port city of Qingdao said they have completed coronavirus tests on more than 3 million people following the country’s first reported local outbreak of the virus in n … (…
China to test entire city of Qingdao after COVID-19 cases emerge
The coastal city will test all nine million residents during the next five days with some areas locked down. Our goal is to create a safe and engaging place for users to connect over interests…
China unveils plan to turn Shenzhen into ‘core engine’ of reform
Blueprint gives the city more autonomy in areas like land use, technology and innovation, and the big data economy. ( read original story …)
Dollar bounces back, yuan slips after China appears to keep a tab on its currency
The dollar bounced back from a three-week low on Tuesday as market players bought it back, particularly against riskier peers, after Chinese authorities appeared to be trying to put a brake on recent … (…
Asian Shares Mixed as China Reports Faster Growth in Trade
Shares are mixed in Asia after China reported its exports jumped nearly 10% in dollar terms in September as its economy recovered from the coronavirus pandemic. ( read original story …)
China, ASEAN Should Prevent ‘External Disruption’ in South China Sea: Wang Yi
The Chinese government’s top diplomat, State Councillor Wang Yi, said on Tuesday that Beijing and members of the Association of South East Asian Nations (ASEAN) should work together to remove … ( read original story…