Archive for November 22nd, 2019

Huawei files application in Canada to stay extradition of CFO

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

Huawei Technologies Co Ltd lawyers have filed an application to a Canadian court to immediately stay the extradition proceedings of the company’s Chief Financial [...] » More

Chinese food delivery firm Meituan says quarterly revenue jumps

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

Chinese food delivery giant Meituan Dianping beat market expectations to record a 44 percent jump in third-quarter revenue and post a second straight quarterly profit, as it [...] » More

US-born panda Bei Bei arrives in new China home

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

The US-born giant panda Bei Bei has arrived in southwestern China after a 16-hour flight, with plenty of bamboo for him to munch on as he settled into his new home. The [...] » More

China’s vice-President Wang Qishan hits out at ‘protectionism and populism’, as trade deal with US hangs in balance

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

Chinese vice-President Wang Qishan has criticised protectionism and reaffirmed China’s commitment to letting the market play a decisive role, after an interim trade [...] » More

US-China trade war could spark real war: Kissinger

US-China trade war could spark real war: Kissinger

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

Former US secretary of state Henry Kissinger warned Thursday that an armed conflict could break out between the United States and China if they fail to resolve their trade [...] » More

China’s growth is slowing but UBS is ‘overweight’ on Chinese stocks anyway

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

Economic growth in China is slowing down amid an ongoing trade war with the US but Swiss wealth management giant UBS is not budging from its “overweight” position [...] » More

China Wants Russia To Use More Yuan, Fewer Dollars

22-Nov-2019 Intellasia | Forbes | 6:02 AM

There were two Chinese executives highlighted at this year’s Russia Calling! conference, an investment forum put on by VTB Capital in Moscow. Both of them lobbied [...] » More

China says will strive to reach ‘phase one’ trade deal with U.S

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

China will strive to reach an initial trade agreement with the United States as both sides keep communication channels open, the Chinese commerce ministry said on Thursday, [...] » More

1,000 Chinese nationals suspected in massive online scam syndicate arrested by Immigration

22-Nov-2019 Intellasia | Coconuts KL | 6:02 AM

It was a busy Wednesday for Malaysian Immigration Department officials after they raided and arrested 1,000 Chinese nationals believed to be part of the largest online scam [...] » More

US establishes foothold in Solomons as Chinese interests expand

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

The premier of Malaita province in the Solomon Islands says the United States and its regional allies have pledged to develop a deep-sea port and will be invited to patrol [...] » More

Chinese furniture maker Kasen plunges 90 per cent in HK trading after critical report by short-seller

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

Shares of Chinese furniture and leather products maker Kasen International Holdings lost 90 per cent of their market value after short-seller Blue Orca Capital issued a [...] » More

China says ‘external rumours’ about the trade talks are not accurate

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

Expectations are rising for a first-stage trade agreement between China and the US, despite no clarity on when leaders of the two countries can meet to seal a deal. [...] » More

Activists hope Pope Francis will sway Japanese opinion on death penalty

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

Japanese activists opposed to capital punishment hope the visit of Pope Francis this weekend will help to soften public opinion in a nation where most people still support [...] » More

Panasonic to stop LCD panel production

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

Japanese electronics titan Panasonic said Thursday it would end its production of liquid crystal display panels by 2021, as Chinese and South Korean manufacturers dominate [...] » More

Japan’s yen gains, yuan down on trade woes, HK strife

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

The Japanese yen firmed against the dollar on Thursday after sources close to the White House told Reuters that a US-China trade deal is unlikely this year, shattering [...] » More