Archive for August 19th, 2020

Australia appeals China’s barley import tariff as trade tensions worsen

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

Australia has appealed China’s prohibitive tariff on barley shipments from the world’s third-biggest exporter of the grain, two people familiar with the matter [...] » More

China’s Ant Group plans consumer finance firm in growth push ahead of IPO

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

Ant Group, Alibaba’s (BABA.N) fintech arm and China’s dominant mobile payments company, plans to set up a consumer finance firm in the southwestern city of [...] » More

Coronavirus news live: Covid-19 being spread by asymptomatic young people, WHO warns as Chinese company says vaccine ready by end of 2020

19-Aug-2020 Intellasia | The Independent | 6:02 AM

The World Health Organization (WHO) has warned that the coronavirus is being spread largely by young people in their 20s, 30s and 40s who are unaware they have been infected. [...] » More

China launches anti-dumping probe into Australian wine imports

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

China said on Tuesday it has begun an anti-dumping probe into imports of Australian wine in a move that will likely worsen tensions between the two countries and knocked a [...] » More

US tightening restrictions on Huawei access to technology, chips

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

The Trump administration on Monday announced it will further tighten restrictions on Huawei Technologies Co, aimed at cracking down on its access to commercially available [...] » More

Coronavirus vaccine: Chinese scientists plan joint trials with Russia despite doubts over ‘world-beating’ breakthrough

Coronavirus vaccine: Chinese scientists plan joint trials with Russia despite doubts over ‘world-beating’ breakthrough

19-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Chinese scientists have offered to carry out joint vaccine trials with their Russian counterparts in what could be seen as a vote of confidence following Moscow’s [...] » More

Chinese tech giants face mounting pressure from the US government will Baidu, Alibaba be next to get hit?

19-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

First it was Huawei and TikTok. Now the Chinese triumvirate known as BAT Baidu, Alibaba and Tencent is being pulled into the decoupling drama playing out in Washington amid [...] » More

Selling TikTok in the US is a pivotal moment for ByteDance but a deal is easier said than done

19-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

ByteDance has been forced into a corner by the Trump administration, which now says it must sell the US version of its global short video hit TikTok within 90 days if the app [...] » More

MSCI launches climate change indexes for China stocks

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

MSCI published two climate change indexes on Tuesday that allow investors in China stocks to lean toward companies with lower carbon emissions. The move represents [...] » More

China’s CanSino says hasn’t begun enrolling people for Phase 3 trial

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

China’s CanSino Biologics said on Tuesday it had not started enrolling participants for a late-stage trial of its potential COVID-19 vaccine Ad5-nCoV. Russian [...] » More

China Sinopharm chief rules out high price for coronavirus vaccine

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

A potential coronavirus vaccine being developed by a unit of China National Pharmaceutical Group (Sinopharm) could cost no more than 1,000 yuan ($144.27) for two shots, state [...] » More

New US sanctions to slam Huawei, further roil tech supply

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

Ramped-up US restrictions on Huawei are likely to cut off the Chinese smartphone maker’s access to even off-the-shelf chips and disrupt the global tech supply chain [...] » More

China launches anti-dumping investigation into Australian wine

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

China on Tuesday ramped up tensions with Australia after it launched a probe into wine imports from the country, the latest salvo in an increasingly bitter row between the [...] » More

China’s rail shipments to Europe set records as demand surges for Chinese goods amid coronavirus

19-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

The volume of China’s belt and road railway cargo to Europe has set records for five consecutive months as Covid-19 has limited transport by air and sea while causing [...] » More

Former CIA officer arrested and charged with spying for China

Former CIA officer arrested and charged with spying for China

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

A former Central Intelligence Agency officer was arrested and charged with spying for China in a scheme that involved a relative who had also worked for the CIA, the US [...] » More