China parliament approves Hong Kong security law
HONG KONG/BEIJING/WASHINGTON – China’s parliament on Thursday approved a decision to go forward with national security legislation for Hong Kong that democracy activists and Western countries fear could erode the city’s freedoms and jeopardise its role as a global financial … Continue reading China parliament approves Hong Kong security law
Kudlow: U.S.-China trade deal not falling apart
WASHINGTON – The U.S.-China “Phase 1” trade deal reached in January is not falling apart and the two countries are still working to implement it, the White House’s top economic adviser said on Friday, but President Donald Trump added that … Continue reading Kudlow: U.S.-China trade deal not falling apart
China rejects ‘lies’ by U.S. over coronavirus
BEIJING – China has issued a lengthy rebuttal of what it said were 24 “preposterous allegations” by some leading U.S. politicians over its handling of the new coronavirus outbreak. The Chinese foreign ministry has dedicated most of its press briefings … Continue reading China rejects ‘lies’ by U.S. over coronavirus
Shanghai Disneyland reopens after three months
Shanghai – Three months after it closed, Shanghai Disneyland will be the first Disney theme park to resume business, though admission will be limited. Tickets for the first three days were snapped up quickly when they went on sale on … Continue reading Shanghai Disneyland reopens after three months
Walmart appoints Zhu Xiaojing as China head
Shenzhen – Walmart China has named Zhu Xiaojing Christina as president and CEO, effective May 8, its first female head in China. Current CEO Wern-Yuen Tan will leave the company after three years to return home to his family in … Continue reading Walmart appoints Zhu Xiaojing as China head
China: March loans surge to 2.85 trillion Yuan
BEIJING – New bank lending in China rose sharply to 2.85 trillion yuan ($405 billion) in March, with total social financing hitting a record, as the central bank pumped in more liquidity and cut funding costs to support the coronavirus-ravaged … Continue reading China: March loans surge to 2.85 trillion Yuan
China will not restrict export of medical supplies
Hong Kong – China has insisted it will not restrict exports of medical supplies amid growing demand for equipment such as masks and gowns around the world. “We will not forget that at the beginning of the fight against the … Continue reading China will not restrict export of medical supplies
Chinese students from overseas returning home
Beijing – Studying abroad is very common for Chinese students. In 2018, the total number of Chinese students who pursued overseas education reached 662,100, a peak in history, and notably, 90% of them were self-financed; this figure increased by 53,700 … Continue reading Chinese students from overseas returning home
China frees up $56 billion for virus-hit economy
BEIJING – China’s central bank said on Friday it was cutting the amount of cash that small banks must hold as reserves, releasing around 400 billion yuan ($56.38 billion) in liquidity to shore up the economy, which has been badly … Continue reading China frees up $56 billion for virus-hit economy
Mexico grateful for medical supplies from China
MEXICO CITY – Mexico’s top diplomat thanked two Chinese charities for donating medical supplies to help stem the coronavirus outbreak in an online message that went viral. “Thank you China!!!” Foreign Minister Marcelo Ebrard wrote in a Twitter post late … Continue reading Mexico grateful for medical supplies from China