China factory prices fall as recovery continues
BEIJING – China’s factory gate prices fell at their slowest annual pace in five months in August as the world’s second-largest economy and its industries continued to recover from a slump caused by the coronavirus pandemic earlier this year. Annual … Continue reading China factory prices fall as recovery continues
China approves U.S. wealth management company
BEIJING – China has approved a wealth management joint venture between U.S. asset manager BlackRock Inc, Singapore state investor Temasek Holdings (Pte) Ltd and China Construction Bank Corp (CCB), as China gradually opens up its financial sector to international firms. … Continue reading China approves U.S. wealth management company
WHO: 150 nations join global vaccine plan
GENEVA/LONDON – Some 156 nations have joined a global scheme for fair distribution of future vaccines against COVID-19, an alliance led by the World Health Organization (WHO). But superpowers China and the United States did not sign up. U.S. President … Continue reading WHO: 150 nations join global vaccine plan
Huawei invites to tech forum in Shanghai
Shanghai – The world’s largest smartphone maker will host the annual Huawei Connect tech forum from Wednesday to Saturday in Shanghai. Chairman Guo Ping will open the gathering with a 15-minute speech, the first executive-level public address since Huawei was … Continue reading Huawei invites to tech forum in Shanghai
USA: Decoupling economy from China on agenda
WASHINGTON – With the U.S. election approaching, President Donald Trump again raised the idea of separating the U.S. and Chinese economies, also known as decoupling, suggesting the United States would not lose money if the world’s two biggest economies no … Continue reading USA: Decoupling economy from China on agenda