Investors can take advantage of any “risk-off” mode in the markets if tensions between the U.S. and China rise, said Choi Heenam, CEO of Korea Investment Corp. ( read original story …)
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GLOBAL MARKETS-Yuan at 16-month high on upbeat China data, dollar in decline
“Strong external demand, a further recovery from the pandemic and pent-up demand from the floods all contributed to the robust activity data in August,” Ting Lu, chief China economist at Nomura, said … ( read…
HK shares track Asian markets higher on China data, vaccine hopes
Sept 15 (Reuters) – Hong Kong stocks tracked broader Asian markets higher on Tuesday, as upbeat China economic data and encouraging signs of progress in developing a COVID-19 vaccine buoyed sentiment. ( read original story…
China locks down city on Myanmar border over coronavirus
China has locked down a city on the border with Myanmar and will launch a mass coronavirus testing programme, officials said Tuesday, after a handful of infections were detected there. The three … ( read…
National security law and coronavirus put Hong Kong students of Chinese medicine ‘in fear of mainland China internships’
National security law and coronavirus concerns leave some final-year students planning to defer studies to avoid this year’s mandatory placements. ( read original story …)
EMERGING MARKETS-Currencies at 7-mth highs on upbeat China data; lira near record lows
Emerging market currencies reached seven-month highs on Tuesday as upbeat economic data from China pushed the yuan to a 16-month peak, while Turkey’s lira remained near record lows amid tensions in … ( read original…
Activists decry ‘genocide’ of China’s Uighur minority: letter
GENEVA (Reuters) – Nearly two dozen activist groups said on Tuesday that crimes against humanity and genocide are taking place against Uighurs in China’s remote Xinjiang region, where more than 1 … ( read original…
China’s domestic travel revenue likely to halve to $394 billion in 2020: report
China’s domestic tourism revenue is expected to fall by 52% to 2.76 trillion yuan ($394 billion) in 2020, according to a report by the China Tourism Academy, as the industry continues to reel from the…
Hong Kong protests: Carrie Lam says calling 12 detained in Shenzhen democracy activists an attempt to distract from wanted status
Hong Kong’s embattled leader attempted to “set the record straight” on Tuesday, saying politicians who describe the 12 city residents now detained in mainland China as oppressed democracy activists … ( read original story …)
U.S.-China decoupling is underway — but complete divorce is ‘almost impossible,’ says ex-Chinese minister
Companies from the U.S. and other countries have shown little interest in pulling out of China, said Chen Deming, who headed China’s commerce ministry from 2007 to 2013. ( read original story …)
GLOBAL MARKETS-Asian stocks gain as upbeat China data lifts mood
Asian equities advanced on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines. ( read original story …)
Fee bonanza on China’s STAR Market IPOs passes by Western banks
A fee bonanza on China’s Nasdaq-style STAR Market, which is set to surge with Ant Group’s mega-listing, is passing Western banks by due to their limited local presence and worries about a unique … (…
China Says 12 Fleeing Hongkongers Held in Shenzhen Are ‘Separatists’
Twelve activists detained in the southern Chinese city of Shenzhen after they tried to flee Hong Kong in a speedboat have been accused of “separatism” by a foreign ministry spokeswoman in Beijing. ( read original…
