Archive for August 6th, 2020

PBOC strives to help enterprises tide over difficulties, ensure employment

06-Aug-2020 Intellasia | CGTN | 6:02 AM

More effective policies will be implemented to assist enterprises to tide over difficulties and ensure employment in the second half, China’s central bank said on [...] » More

US-China relations are under ‘unprecedented’ strain, says Chinese ambassador to the US

US-China relations are under ‘unprecedented’ strain, says Chinese ambassador to the US

06-Aug-2020 Intellasia | NBC | 6:02 AM

Beijing does not want to see a Cold War break out between China and the US and both countries need to work to repair relations that are under “unprecedented” [...] » More

China’s July exports seen falling on global virus surge; import growth cools: Reuters poll

06-Aug-2020 Intellasia | Reuters | 6:02 AM

China’s exports are expected to have dipped in July as a surge in global coronavirus infections depressed demand, while growth in imports likely cooled, a Reuters poll [...] » More

Special Report: COVID opens new doors for China’s gene giant

06-Aug-2020 Intellasia | Reuters | 6:02 AM

As countries scramble to test for the novel coronavirus, a Chinese company has become a go-to name around the world. BGI Group, described in one 2015 study as [...] » More

China’s assertiveness is becoming a problem for its friends, too

06-Aug-2020 Intellasia | JapanTimes | 6:02 AM

In the regular drumbeat of arrests of alleged Chinese spies, one case last month stood out. It did not involve the US or another rival of China, but Russia, whose security [...] » More

Alibaba Health raises $1.3 billion in HK’s biggest secondary share sale in five years

06-Aug-2020 Intellasia | Reuters | 6:02 AM

Chinese healthcare services firm Alibaba Health Information Technology has raised nearly $1.3 billion (994.64 million pounds) in Hong Kong’s largest follow-on share [...] » More

China central bank adviser says no need to step up monetary easingmedia

06-Aug-2020 Intellasia | Reuters | 6:02 AM

The People’s Bank of China does not need to step up its policy easing as an economic recovery is well under way and further stimulus could stoke property and stock [...] » More

Tencent to consolidate China’s Twitch-like services Douyu and Huya: sources

06-Aug-2020 Intellasia | Reuters | 6:02 AM

China’s biggest video game and social media company Tencent Holdings (0700.HK) is driving a merger of Twitch-like game streaming platforms Douyu (DY8Ay.F) and Huya [...] » More

US and China set to review phase one trade deal in mid-August

06-Aug-2020 Intellasia | CNBC | 6:02 AM

Senior US and Chinese officials will review the implementation of their phase one trade deal and likely air mutual grievances in an increasingly tense relationship during an [...] » More

Washington Post bashed as ‘morally bankrupt’ for glowing feature on Chinese Communist Party

06-Aug-2020 Intellasia | FoxNews | 6:02 AM

The Washington Post was roasted on Tuesday for publishing a glowing piece praising China’s Communist Party that was quickly compared to Beijing’s propaganda. The [...] » More

Microsoft could be ‘white knight’ for TikTokor fall flat

06-Aug-2020 Intellasia | AFP | 6:02 AM

A deal allowing Microsoft to buy social media phenomenon TikTok could be transformative for the US tech giant’s efforts to become more consumer-focusedif it can [...] » More

China’s services sector expands at slower pace in July: Caixin PMI

06-Aug-2020 Intellasia | Reuters | 6:02 AM

Growth in China’s services sector slowed in July from a decade high the previous month, as new export business fell and job losses continued, an industry survey showed [...] » More

China only fulfils 5pct of Sino-US energy trade deal in first half of 2020

06-Aug-2020 Intellasia | Reuters | 6:02 AM

China bought only 5 percent of the targeted $25.3 billion in energy products from the United States in the first half of 2020, falling well short of its trade deal [...] » More

China state media excoriates US ‘wackadoodles’ over journalist visas row

06-Aug-2020 Intellasia | Reuters | 6:02 AM

An editorial in a Chinese state newspaper on Wednesday sharply criticised Washington for what it termed an attempt to provoke an “all-out confrontation with [...] » More

China’s US envoy says Beijing does not want further rise in tensions

06-Aug-2020 Intellasia | Reuters | 6:02 AM

Beijing does not want tensions with Washington to escalate further following tit-for-tat consulate closures over the past weeks, the Chinese ambassador to the United States [...] » More