Archive for August 24th, 2020

Exclusive: TikTok to challenge US order banning transactions with the video app sources

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

TikTok is preparing to mount a legal challenge as early as Monday to President Donald Trump’s executive order prohibiting transactions with the popular short video app [...] » More

Xpeng seeks to raise up to $1.1 billion in New York IPO as electric car maker prepares to challenge Tesla in China

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

Xpeng is seeking to raise up to $1.1 billion from its initial public offering on the New York Stock Exchange, as it gears up to challenge Tesla in China, the world’s [...] » More

US-China relations: Joe Biden vows to end America’s reliance on Chinese medical equipment

US-China relations: Joe Biden vows to end America’s reliance on Chinese medical equipment

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

American Democratic presidential nominee Joe Biden on Thursday vowed to end the United States’ reliance on China and other countries for medical equipment should he be [...] » More

China’s newfound intimacy with once-rival Russia is proving a strategic blind spot for Australia

24-Aug-2020 Intellasia | ABC | 6:02 AM

China didn’t feature prominently in prime minister Scott Morrison’s speech last month to announce Australia’s $270 billion defence update, but it was clear [...] » More

China may want to displace the dollar with the yuan as the global reserve currency, but its actions are leading to the opposite.

24-Aug-2020 Intellasia | Foreignpolicy | 6:02 AM

If some stories are easier to tell than others, the decline of the US dollar as a reserve currency is one of them. It’s not hard to see why. The cast of characters that [...] » More

Chinese biotech CStone on course to launch lung cancer drug after successful clinical trial

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

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

Chinese Communist Party critic Xu Zhangrun offered Harvard University research post

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

A law professor who lost his job at one of China’s top universities after his fierce criticism of the Communist Party has been offered a research position at Harvard [...] » More

US-China trade talks opportunity for Beijing to ‘negotiate and manage’ growing hostilities

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

China is expected to use the upcoming trade talks with the United States as a chance to prevent, or at least slow, a full-fledged confrontation erupting between the [...] » More

China reports 22 coronavirus cases, sixth day without local transmission

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

China reported 22 cases of the new coronavirus in the mainland for August 21, same as a day earlier, the health commission said on Saturday. All 22 new infections were [...] » More

Coronavirus: Peru and Morocco to start phase 3 trials of two Chinese vaccine hopefuls

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

Two Covid-19 vaccine candidates developed by state-owned China National Biotec Group have been approved for phase 3 trials in Peru and Morocco. Agreements with the two [...] » More

China-EU special summit to have trade focus, as US election looms

China-EU special summit to have trade focus, as US election looms

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

Chinese President Xi Jinping will hold a video summit with some European Union leaders in mid-September that is set to put trade in the spotlight just weeks before the US [...] » More

Argentina joins Chinese coronavirus vaccine trial, maker says

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

Argentina joined Peru, Morocco and the United Arab Emirates in approving Phase 3 clinical trials for a coronavirus vaccine developed by China National Biotec Group (CNBG), [...] » More

‘A darkness worse than the virus’: why a Chinese former prosecutor chose to harbour a dissident

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

Lawyer Yang Bin paid a heavy price for sheltering prominent Chinese civil rights activist Xu Zhiyong in her house for a week. Since Xu was taken away by police from her home [...] » More

US tries to pick up pace in developing 5G alternative to Huawei

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

As the Trump administration cracks down harder on Huawei Technologies in efforts to keep Chinese equipment out of US communications networks, the race to develop a [...] » More

Coronavirus: China lockdowns lead to big dip in NO2 but air pollution stays steady, study finds

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

Severe epidemic lockdowns imposed across China in February led to a “striking” drop in nitrogen dioxide, but other pollutants remained at roughly the same levels, [...] » More