Archive for August 22nd, 2019

China pushes RCEP regional pact amid US trade war, Japan-Korea spat

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

Trade ministers from more than a dozen countries will be in Beijing this weekend in the latest push to form the world’s largest trading bloc, but China’s hopes [...]
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Chinese Foreign minister Wang Yi urges Japan and Korea to keep talking to end trade dispute

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

China’s Foreign minister Wang Yi urged Tokyo and Seoul to resolve their bitter trade conflict through dialogue on Wednesday and said China was willing to help at the [...]
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US conservative media outlet’s ties to Chinese spiritual movement put in spotlight

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

A prominent US conservative media outlet has defended its journalism after an NBC News investigation reported that it was closely tied to a little-known Chinese spiritual [...]
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US commander says cracks in Asian alliances a worry amid N Korea, China threats

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

The commandant of the US Marine Corps said on Wednesday any crack in alliances in Asia that helped counter threats from North Korea and China were a worry as a spat between [...]
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China could overwhelm US military in Asia in hours, Australian report says

22-Aug-2019 Intellasia | CNN | 6:02 AM

The US military is no longer the primary force in Asia, and missiles from China’s rapidly improving military could overwhelm its bases in hours, according to a new [...]
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Goldman Sachs, China’s Ping An back artificial intelligence firm H20.ai

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

Goldman Sachs Group Inc, China’s Ping An Global Voyager Fund and others have invested $72.5 million in H20.ai, a rapidly growing artificial intelligence startup, the [...]
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China’s Geely posts 40pct slump in first-half profit, sees uncertain demand outlook

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

China’s Geely Automobile Holdings Ltd said on Wednesday first-half net profit skid 40 percent amid a sustained downturn in the world’s biggest auto market, and it [...]
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Trump acknowledges China polices may mean US economic pain

Trump acknowledges China polices may mean US economic pain

22-Aug-2019 Intellasia | AP | 6:02 AM

President Donald Trump acknowledged Tuesday his aggressive China trade policies may mean economic pain for Americans but insisted they’re needed for more important [...]
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China may have a new way of boosting its economy. Here’s what the central bank just did

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

* The People’s Bank of China has changed the way commercial lenders set interest rates they charge on loans. * That move is expected to make borrowing costs cheaper at [...]
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Home Depot says suppliers are moving manufacturing out of China to avoid tariffs

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

* The tariffs on Chinese goods are projected to have a “cost impact” on Home Depot’s US sales of about 2 percent, or $2 billion. * The company’s [...]
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China steps up threats to HK protesters

22-Aug-2019 Intellasia | Aljazeera | 6:02 AM

Beijing sees the anti-government movement as a threat to its rule of the territory and is struggling to put an end to it. While the protests in Hong Kong over the weekend [...]
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China hopes US will come back to the table at Chile climate talks

China hopes US will come back to the table at Chile climate talks

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

China hopes to welcome the United States “back to the negotiating table” to discuss global efforts to limit climate change at a United Nations summit to be hosted [...]
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Chinese foreign minister meets Japanese, Korean counterparts

22-Aug-2019 Intellasia | AP | 6:02 AM

The foreign ministers of China, Japan and South Korea met in Beijing on Wednesday as they seek to encourage progress on North Korean denuclearisation. The trilateral [...]
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At least 13 Chinese tourists killed in bus accident in Laos

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

At least 13 people have been killed and 31 injured after a bus carrying Chinese tourists slid off a road in Laos, the Chinese Embassy in Vientiane, the Laotian capital, said [...]
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China’s ability to spend on weapons has the Pentagon eager to develop hypersonics as the US tries to catch up

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

* China’s ability to quickly finance its military has the Pentagon especially eager to develop hypersonic weapons, amid a budding arms race between the world’s [...]
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