Archive for October 24th, 2020

China ‘ready to fight’, Xi Jinping says in Korean war address aimed at US

China ‘ready to fight’, Xi Jinping says in Korean war address aimed at US

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

Chinese president Xi Jinping warned the US that China did not fear war in a fiercely nationalistic and pointed speech marking the 70th anniversary of China’s entry into [...] » More

China’s banking shares head for ‘V-shaped turnaround’, to rise 60 per cent, CICC says

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

China’s strengthening economic recovery has already spurred the buying of abandoned banking stocks, as the sector heads for its biggest quarterly gain this year, and [...] » More

Huawei says revenue in first three quarters ‘basically met expectations’ amid intense pressure on global supply chain

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

Huawei Technologies, under fire from the Trump administration, said revenue in the first nine months “basically met expectations” amid the global pandemic and [...] » More

China’s Liu He says foreign hostility spurring nation’s push for hi-tech independence

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

Foreign efforts to contain Chinese technology development have invigorated the country’s determination to tackle weak links in the economy and accelerate the shift [...] » More

China-US relations: 300 foreign exchange students ‘interrogated’ as they left America, Beijing says

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

Hundreds of Chinese foreign exchange students were subjected to harassment and interrogation at American airports as they were leaving the country this summer, Beijing said [...] » More

China to set five-year plan for steering economy through choppy waters

China to set five-year plan for steering economy through choppy waters

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

China’s top leaders will chart the country’s economic course for 2021-2025 at a key meeting starting on Monday, seeking to balance growth and reforms to avoid [...] » More

In Asia, US’s Pompeo expected to bolster allies against China

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

US Secretary of State of Mike Pompeo is flying to India next week to strengthen strategic ties with a nation that is locked in a military standoff with China, in [...] » More

China takes issue with British visa policy for Hongkongers and threatens to stop recognising BN(O) passports

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

China’s foreign ministry has doubled down on its threat to stop recognising BN(O) passports, a day after the UK issued more details on advancing plans to open its doors [...] » More

iPhone 12 launches in China to strong demand despite stiff competition for Apple in 5G smartphones

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

When Apple’s new iPhone 12 series smartphones went on sale worldwide on Friday, many people in China were already standing ready. Even by lunchtime, a line snaked [...] » More

China’s yuan exchange rate: is 6.66 a new sweet spot for the currency against the US dollar?

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

The number 666 may be associated with the beast in the Bible, but it could be a blessing for China’s central bank. China has struggled for five years to ensure the [...] » More

China and the Vatican renew controversial bishops deal after ‘good start’

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

China and the Vatican renewed an agreement on the appointment of bishops on Thursday that critics say has done little to improve relations between the two sides. Foreign [...] » More

Japan’s unorthodox household goods champion rides a pandemic boom

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

Iris Ohyama, whose goods are ubiquitous in Japanese homes, has relied on its usual offbeat methods during the COVID-19 pandemic and US-China trade tensions to ride the [...] » More

Financial regulators probe Tokyo Stock Exchange over outage

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

Financial regulators conducted an on-site inspection of the Tokyo Stock Exchange on Friday following a system failure that caused a full-day trade suspension earlier this [...] » More

Japanese craft breweries are turning unsold beer into gin

24-Oct-2020 Intellasia | CNN | 6:02 AM

This was going to be a big year for Japan. With the Summer Olympics due to be hosted in Tokyo, the island nation expected 40 million tourists to grace its shores. But when [...] » More

Britain inks post-Brexit trade deal with Japan

24-Oct-2020 Intellasia | AFP | 6:02 AM

Britain and Japan are set to sign a trade deal on Friday at a ceremony in Tokyo, marking London’s first major post-Brexit agreement as it holds an intense round of [...] » More