Archive for August 9th, 2019

PNG backtracks on China debt refinancing statement

09-Aug-2019 Intellasia | AFP | 6:02 AM

Papua New Guinea prime minister James Marape has backtracked on an announcement saying he had asked China to refinance the country’s $8 billion debt, insisting the [...] » More

Chinese flag hung from Choa Chu Kang HDB block taken down

09-Aug-2019 Intellasia | Yahoo News Singapore | 6:02 AM

A Chinese national flag that was hung on the parapet of a Housing Board block in Choa Chu Kang has been taken down, according to a spokesman from its town council on [...] » More

The doctor will see you now… over the smartphone as Ping An Good Doctor launches new services, tie-ups to tap China’s unmet demand

09-Aug-2019 Intellasia | South China Morning Post | 6:02 AM

Ping An Healthcare and Technology is set to unveil tie-ups with more than 20 firms including China Mobile and China Everbright Bank, as the mainland’s largest online [...] » More

With an eye on Russia, China and a horse, Pentagon chief visits Mongolia

09-Aug-2019 Intellasia | Reuters | 6:02 AM

US Defense Secretary Mark Esper met senior Mongolian leaders on Thursday in a rare visit to the strategically important nation as the Pentagon seeks to carry out its strategy [...] » More

Macau’s casinos count cost of HK’s escalating protests

09-Aug-2019 Intellasia | Reuters | 6:02 AM

Growing protests in the Asian financial centre of Hong Kong are weighing on the neighbouring Chinese territory of Macau as some visitors steer clear of the world’s [...] » More

Herbert Smith Freehills forms Shanghai venture with Kewei, becoming latest global practice to offer legal service in China

09-Aug-2019 Intellasia | South China Morning Post | 6:02 AM

Herbert Smith Freehills has formed a venture to operate in Shanghai, becoming the latest global practice to offer advice and international legal services in China. The firm, [...] » More

China’s exports post surprise growth in July despite dramatic escalation in US trade war

09-Aug-2019 Intellasia | South China Morning Post | 6:02 AM

China’s external trade reported surprising stability in July, with exports growing 3.3 per cent and imports shrinking at 5.6 per cent, which was slower than analysts [...] » More

China, US sign UN protocol on mediation despite ongoing trade dispute

China, US sign UN protocol on mediation despite ongoing trade dispute

09-Aug-2019 Intellasia | South China Morning Post | 6:02 AM

China and the United States have briefly put aside their escalating trade war and joined 44 other countries in signing a new global protocol on mediation aimed at settling [...] » More

US-China trade war is hurting farmers, but they’re sticking with Trump

09-Aug-2019 Intellasia | CNBC | 6:02 AM

* Recent polls show farmers strongly support Trump, even amid rising tariffs with china. * Experts say they’re likely to stay on his side in 2020. * Still, it’s [...] » More

Chinese foreign ministry slams US ‘interference’ in Venezuela

09-Aug-2019 Intellasia | Reuters | 6:02 AM

An order by US President Donald Trump to freeze the Venezuelan government’s assets and cut off its funds is an act of “gross interference” and a violation [...] » More

Trump says China is ‘killing us with unfair trade deals’

09-Aug-2019 Intellasia | Reuters | 6:02 AM

US President Donald Trump on Wednesday said his tough stance on China’s economic and trade policies would ultimately benefit the American economy, even as Beijing [...] » More

Underestimating China a ‘catastrophic failure’: Aussie intel chair

09-Aug-2019 Intellasia | AFP | 6:02 AM

The world’s approach to containing China’s rise resembles the “catastrophic failure” to prevent the advance of Nazi Germany, the head of [...] » More

China’s rare earth producers say they are ready to weaponise their supply stranglehold, pass any tariff as cost to US customers

09-Aug-2019 Intellasia | South China Morning Post | 6:02 AM

China’s rare earth producers, who control the lion’s share of the world’s output of the elements, said they are ready to use their dominance of the industry [...] » More

China finds African swine fever virus in pigs transported to Guangxi

09-Aug-2019 Intellasia | Reuters | 6:02 AM

China detected African swine fever in pigs being transported to Guangxi region from outside provinces, the agriculture ministry said on Thursday. The disease was found in 52 [...] » More

China sets the yuan midpoint at 7.0039 per dollar, weakest since April 2008

09-Aug-2019 Intellasia | CNBC | 6:02 AM

* Investors are watching the number closely after the currency breached an important 7-yuan-per-dollar level on Monday for the first time since the 2008 global financial [...] » More