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Posted on November 17, 2020

A split from the U.S. is ‘very positive’ for China in the long term, venture capitalist says

China divorce has more advantages than drawbacks for the Asian giant's tech sector, said Jenny Zeng, managing partner at MSA Capital. ( read original story ...)

Posted on November 17, 2020

China Preparing for Trump’s ‘Final Madness’ Before Biden, State Media Says

The hawkish Chinese Community Party newspaper Global Times suggested the President Donald Trump was further sabotaging U.S.-China relations for the incoming Biden administration. ( read original story ...)

Posted on November 17, 2020

Putin says India, China may start producing Russia’s Sputnik V COVID-19 vaccine: RIA

India and China may start producing Russia's Sputnik V vaccine against COVID-19, the RIA news agency cited Vladimir Putin as saying on Tuesday. Putin also proposed that the creation of a vaccine ... ( read original story ...)

Posted on November 17, 2020

Exclusive: BMW deal to lift stake in China venture unaffected by Brilliance parent’s debt issues

German carmaker BMW said on Tuesday there was no indication that its deal to increase its stake in its joint venture with Brilliance China Automotive would be affected by debt ... ( read original story ...)

Posted on November 17, 2020

Tech investments in China are focused on 3 trends, says venture capital firm

China will see more services moving online, greater use of smart devices and a wireless future, said Hongye Wang, a partner at Antler. ( read original story ...)

Posted on November 17, 2020

Senior Chinese official says authorities working on more Hong Kong reforms, including judiciary

Zhang Xiaoming told a legal summit in the global financial hub that moves to "perfect" the legal system in Hong Kong would not undermine judicial independence. ( read original story ...)

Posted on November 17, 2020

Bahrain’s Investcorp invests in Chinese medical testing firm

Bahrain-based Investcorp has announced that it has invested in Kindstar lobalgene, an independent medical testing services group in China. Terms of the transaction were not disclosed, the company said ... ( read original story ...)

Posted on November 17, 2020

Turquoise Hill vows to ‘maximise debt’ for Rio’s Oyu Tolgoi

A Rio Tinto subsidiary believes it can solve its funding problems through debt, putting it at odds with its biggest shareholder. ( read original story ...)

Posted on November 17, 2020

UAE Central Bank extends Tess scheme to June next year

Move will provide relief for banks, finance companies enabling them to provide new loans, facilities to customers affected by the pandemic. ( read original story ...)

Posted on November 17, 2020

Coronavirus: UAE central bank defers virus-related loan payment deferral

The United Arab Emirates will extend a key component of its coronavirus relief package – loan payment deferrals – through June 2021, the central bank said. Retail and corporate customers affected by ... ( read original story ...)

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