Archive for October 9th, 2020

China’s duty-free shoppers rush to tropical Hainan as HK and Seoul off travel list

09-Oct-2020 Intellasia | South China Morning Post | 6:02 AM

Chinese tourists who traditionally rush to duty-free outlets in South Korea or Hong Kong for holiday shopping are being lured to southern China’s island province of [...] » More

Booming demand for Chinese assets boosts renminbi’s global role

09-Oct-2020 Intellasia | Inewsly | 6:02 AM

Record international demand for Chinese assets will increase efforts to develop a extra global role for the renminbi, analysts say. Foreign traders have snapped up Chinese [...] » More

US-China relations will ‘reset’ if Biden wins the election, says former American ambassador to Beijing

09-Oct-2020 Intellasia | CNBC | 6:02 AM

Democratic nominee Joe Biden would deal with Beijing in a “much more traditional” way if he wins the election, a former US ambassador to China said this week. [...] » More

Negative views of China and Xi Jinping at record levels: international survey

Negative views of China and Xi Jinping at record levels: international survey

09-Oct-2020 Intellasia | South China Morning Post | 6:02 AM

Negative views about China have increased in recent years in many developed countries, most notably Australia, according to a survey by the Pew Research Centre released on [...] » More

Genor Biopharma eyes top position among Chinese firms in breast cancer drugs category with affordable alternatives

09-Oct-2020 Intellasia | South China Morning Post | 6:02 AM

A local politician representing a district in central Tokyo has refused to retract or apologise for claiming the ward would cease to exist if a local ordinance was passed [...] » More

US-China rivalry: is the Quad on track to take on Beijing?

US-China rivalry: is the Quad on track to take on Beijing?

09-Oct-2020 Intellasia | South China Morning Post | 6:02 AM

As the United States seeks to formalise a four-nation alliance to counter China’s growing influence in the Asia-Pacific, Chinese foreign policy observers are asking [...] » More

China urges neighbour Kyrgysstan to resolve election turmoil

09-Oct-2020 Intellasia | South China Morning Post | 6:02 AM

Beijing said it was “highly concerned” about the situation in Kyrgysstan, which shares a border with China’s sensitive Xinjiang region, and warned against [...] » More

Chinese firms flood US markets for capital ahead of moves to tighten regulations, and before presidential election

09-Oct-2020 Intellasia | South China Morning Post | 6:02 AM

Chinese firms listed on the US stock exchanges have risen in numbers and by total market capitalisation in the past year despite Washington’s efforts to cut them off [...] » More

Japanese politician slammed as ‘dinosaur’ after claiming LGBT education would mean ‘no children’

09-Oct-2020 Intellasia | South China Morning Post | 6:02 AM

A local politician representing a district in central Tokyo has refused to retract or apologise for claiming the ward would cease to exist if a local ordinance was passed [...] » More

Coronavirus-linked business failures reach 600 in Japan

09-Oct-2020 Intellasia | JapanTimes | 6:02 AM

The cumulative number of corporate bankruptcies due to the impacts of the novel coronavirus epidemic reached 600 in Japan on Wednesday, Tokyo Shoko Research Ltd said. The [...] » More

BOJ chief says Japan is on recovery track from pandemic pain

09-Oct-2020 Intellasia | JapanTimes | 6:02 AM

Bank of Japan Gov. Haruhiko Kuroda said on Thursday the economy was starting to pick up and was likely to continue recovering thanks in part to the boost from fiscal and [...] » More

Japan’s response to first virus wave late but effective, report says

09-Oct-2020 Intellasia | JapanTimes | 6:02 AM

Japan’s virus countermeasures spanning January to July during which time the country saw its first major wave of COVID-19 were “belated but produced good [...] » More

Japan to exempt business travellers and returnees from 14-day quarantine

09-Oct-2020 Intellasia | JapanTimes | 6:02 AM

Japan is set to conditionally exempt business travellers and returnees from the 14-day quarantine policy currently imposed on all overseas arrivals to stem the spread of the [...] » More

View of Japan’s economy improving vastly: economy minister

09-Oct-2020 Intellasia | Reuters | 6:02 AM

Sentiment among Japan’s smaller businesses regarding the current state and outlook of the economy are becoming “really good”, Economy minister Yasutoshi [...] » More

ANA eyes 30pct average cut in annual pay for workers and no bonuses

09-Oct-2020 Intellasia | JapanTimes | 6:02 AM

All Nippon Airways has notified its labour union of a plan to slash annual pay for its about 15,000 ordinary employees by 30 percent on average, sources have said. The major [...] » More