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