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Posted on December 17, 2020

China rental company’s shares have cratered 76% this year as the shine of debt-fueled growth fades

Danke, a Chinese residential rental company, has a debt-dependent business model that is showing signs of strain.

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Posted on December 17, 2020

China stocks climb as investors bet on recovery hopes

* SSEC +0.63%, CSI300 +0.92%, HSI +0.08% * Jiangsu Hengrui powers healthcare stocks amid foreign inflows * Healthcare sub-index up 3.68% SHANGHAI, Dec 17 (Reuters) – Healthcare and financial …

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Posted on December 17, 2020

Without trade with mainland, Taiwan’s economy would hardly see positive growth this year: spokesperson

Without its trade with the mainland, Taiwan would have seen a huge trade deficit, and its economy could not maintain positive growth this year, according to a mainland spokesperson on Wednesday. “It …

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Posted on December 17, 2020

U.S. brands Vietnam, Switzerland as currency manipulators

The U.S. Treasury Department has branded Vietnam and Switzerland as currency manipulators while putting China and nine other countries on a watch list in an annual report designed to halt countries …

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Posted on December 17, 2020

Macau hopes for 14mln mainland, HK visits in 2021: govt

Macau could receive “14 million” tourist arrivals from mainland China and Hong Kong in 2021, estimates the Macau government. That was the figure the local authorities used in their already-released …

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Posted on December 17, 2020

Hong Kong protests: 10 who fled by boat to Taiwan charged with illegal crossing

Group has not been put on trial yet but China’s court system has a conviction rate of about 99% …

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Posted on December 17, 2020

US adds India, Thailand and Taiwan to currency manipulation watchlist

The US on Wednesday added India along with Taiwan and Thailand to the “monitoring list” of currency manipulating countries that includes major trading partners like China and six others. It also …

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Posted on December 17, 2020

China’s lunar sampler lands in Mongolia with Moon dust onboard

China’s landmark lunar sampling mission has drawn to a close, with the Chang’e-5 lander touching down in Mongolia with the first rocks and dust collected from the Moon in decades. Described as one of …

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Posted on December 17, 2020

China’s Chang’e 5 successfully enters Earth’s surface, lands in Mongolia with moon rocks in tow

An unmanned Chinese spacecraft carrying rocks and soil from the Moon returned safely to Earth early Thursday, completing the first mission in four decades to collect lunar samples. While scientists …

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Posted on December 17, 2020

U.S. blacklists Chinese, UAE-based companies over sale of Iranian petrochemicals

The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the sale of Iranian petrochemicals as Washington increases …

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