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Tag: China

Posted on August 6, 2020

Pakistan approves US$6.8bn railway upgrade, its most expensive project under China’s belt and road plan

Pakistan Economic Corridor, Pakistan’s 2,655km railway tracks will be upgraded to allow trains to travel up to 165km/h.

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Posted on August 6, 2020

TikTok deal tests Microsoft’s decades of experience in China

More than two decades of efforts by Microsoft to put down roots in China may soon bring a partial pay-off, if it succeeds in steering through the purchase of TikTok’s US busines …

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Posted on August 6, 2020

China’s economic growth indicators are ‘lopsided,’ analyst says

China’s economic growth indicators are lopsided, pointing to possible downside risks for the country in the second half of 2020 as it tries to recover from the coronavirus pandemic, said an expert on …

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Posted on August 6, 2020

Asia Markets Mixed As Traders Weigh Stimulus, China-US Tension

Asian markets were mixed Thursday following a two-day rally, with nervous investors keeping an eye on stuttering stimulus talks in Washington, while China-US tensions continued to weigh on confidence.

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Posted on August 6, 2020

China says it has no intention of ‘becoming another United States’

Chinese State Councilor and Foreign Minister Wang Yi said “today’s China is not the former Soviet Union” and accused the U.S. for attempting to start a Cold War.

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Posted on August 6, 2020

China’s major state banks start internal testing of digital wallet application: media

China’s major state-run commercial banks are conducting large-scale internal testing of a digital wallet application, moving a step closer to the official launch of a home-grown digital currency, the …

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Posted on August 6, 2020

BMW reports loss for 2nd quarter but sees rebound in China

German carmaker BMW says it lost 212 million euros in the second quarter as the coronavirus pandemic shut down factories and dealerships …

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Posted on August 6, 2020

US To Submit UN Resolution On Iran Arms Next Week

The United States will submit a UN Security Council resolution next week to extend an arms embargo on Iran despite opposition from Russia and China, Secretary of State Mike Pompeo said Wednesday. A …

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Posted on August 6, 2020

China crackdown on shadow banking sector prompts warning

China’s efforts to curb predatory lending to the country’s small and medium-sized enterprises could harm the sector rather than helping it by cutting off access to crucial fin …

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Posted on August 6, 2020

Google pulls 2,500 China-linked YouTube channels over disinformation

Google says it has deleted more than 2,500 YouTube channels tied to China as part of its effort to weed out disinformation on the videosharing platform.

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