Archive for August 22nd, 2020
Bank of East Asia interim profit jumps on efforts to contain bad loans from ill-fated strategy in mainland China business
The Bank of East Asia (BEA) said efforts to arrest a surge in bad loans in its mainland China business are paying off, as earnings improved from its worst year in a decade [...] » More
US, China differ over plans for Phase 1 trade deal talks
The Trump administration on Thursday declined to acknowledge any plans to meet with China over the Phase 1 trade deal after the commerce ministry in Beijing said bilateral [...] » More
Beijing says residents can go mask-free as China COVID cases hit new lows
Health authorities in China’s capital Beijing have removed a requirement for people to wear masks outdoors, further relaxing rules aimed at preventing the spread the [...] » More
What’s behind China’s record floods?
China has touted its massive dam network as a remedy for its devastating annual floods, but record deluges have once again killed hundreds of people and submerged thousands [...] » More
Water levels at China’s Three Gorges near maximum after flooding rains
Water levels at China’s giant Three Gorges Dam on the Yangtze river are inching closer to their maximum after torrential rains raised inflows to a record high, official [...] » More
Coronavirus: Chinese vaccine giant quotes higher price for doses
A Chinese state-owned pharmaceutical giant with two experimental Covid-19 vaccines in development has priced its doses much higher than its international competitors. Liu [...] » More
US-China relations: PLA Navy conducts live-fire exercise in East China Sea
The IndependentWarships from the People’s Liberation Army (PLA) have completed a three-day live-fire drill in the East China Sea, according to an official report. The [...] » More
Steve Bannon, ex-Trump adviser and China hawk, pleads not guilty after arrest over funds raised online to build border wall
Steve Bannon, a former White House adviser and one of Washington’s most strident China hawks, pleaded not guilty on Thursday to charges that he and three others [...] » More
China’s Mars probe over 8 million km away from Earth
China’s Mars probe Tianwen-1 has traveled more than 8 million km away from Earth and is functioning normally, according to the Lunar Exploration and Space Programme [...] » More
Alibaba posts 124 per cent gain in quarterly profit, sees China retail back to pre-pandemic levels
E-commerce giant Alibaba Group Holding said it is closely monitoring the latest shift in US government policies towards Chinese companies, after the company posted a 124 per [...] » More
In US-China tech war, investors bet on China’s localisation push
As the US-China “tech war” widens, investors are betting on China’s efforts to replace US technologies with indigenous applications to run networks in the [...] » More
China’s Communist Party school told to ensure loyalty after outspoken academic purged
Management of the Communist Party’s top academy has been told to take action to ensure staff and former staff remain loyal and to step up scrutiny of employees’ [...] » More
Scientists in China, US develop rewritable ‘silk drive’ that can be implanted in human body
Scientists in China and the US have developed a novel storage medium made from silk proteins, an implantable material on which information can be written to, read from and [...] » More
Papua New Guinea bars Chinese workers in vaccine trial over virus risk paper
Papua New Guinea has denied entry to Chinese nationals who participated in a COVID-19 vaccine trial, the Australian newspaper said on Friday, as the Pacific nation battles a [...] » More
Chinese biotech CStone on course to launch lung cancer drug after successful clinical trial
Competition in the fast-growing but increasingly crowded cancer immunotherapy market is heating up, with Shanghai-based CStone Pharmaceuticals aiming to seek approval by the [...] » More
