A severe cyclone gathered speed off India’s eastern shores in the Bay of Bengal on Wednesday and was poised to make landfall around midnight local time. Cyclone Nivar, the fourth named storm in the ... ( read original story ...)
China announces tariffs on Australian wine and Victoria achieves Covid ‘elimination’ – live news
Treasury Wine Estates suspends trade in its shares on the ASX as it digests China’s announcement; and South Australia records no new Covid cases as it prepares to lift border restrictions with ... ( read original story ...)
The ‘bloodsucking capitalist’ being lauded by Communist China
Zhang Jian, a pioneering 19th century capitalist, has been brought back to life many times by the Chinese Communist party since his death in 1926, depending on its propaganda needs. But his latest ... ( read original story ...)
China’s industrial profits grow at quickest monthly pace since early 2017
China's industrial sector has seen an impressive recovery from the coronavirus fallout, helped by resilient demand for the country's exports. ( read original story ...)
China reports five new COVID-19 cases vs 21 a day earlier
SHANGHAI (Reuters) - China on Friday reported five new coronavirus cases in the mainland for Nov. 26, compared with 21 cases a day earlier, the health authority said. All of the new infections were ... ( read original story ...)
How Parent of BMW’s China Partner Drove to the Brink of Bankruptcy
BEIJING (Reuters) - In October 2003, the first China-made BMW 325i sedan rolled off a new production line owned by the German luxury brand and its joint venture partner, Brilliance, a subsidiary of ... ( read original story ...)
China imposes swingeing tariffs on Australian wine in ‘devastating blow’ to exporters
China has hit Australian wine with tariffs that will double or triple its price, making the market “unviable” for exporters according to the trade minister, Simon Birmingham. “This is a devastating ... ( read original story ...)
China braces for more defaults among state firms in 2021 — and that could be a good thing
Fitch Ratings said the number of defaults among Chinese state-owned enterprises could "rise marginally" in 2021 as funding conditions tighten. ( read original story ...)
‘Do Not Fear Death’: China’s Xi Orders Soldiers to Train Harder to Win Wars
In an address to the Central Military Commission, which he chairs, Xi Jinping told his troops to focus on preparing for war. ( read original story ...)
A Soaring Monument to Beauty in China Is Stirring Passions. Mostly Anger.
As China fights to end extreme poverty while also recovering from the economic damage of the coronavirus, the supposed wisdom of building huge statues in poorer areas to grow tourism is coming under ... ( read original story ...)