BEIJING (Reuters) – The coronavirus health crisis likely knocked China’s economy into its first decline since at least 1992 in the first quarter, raising the heat on authorities to do more to restore …
Asia shares consolidate, China cuts another interest rate
China moved again to cushion its economy, cutting a key medium-term interest rate to record lows and paving the way for a similar reduction in benchmark loan rates. While not unexpected, it did help …
China, India to narrowly avoid recession in virus-hit 2020: IMF
The pandemic has hammered the world economy, with millions of jobs lost and businesses shut because of unprecedented lockdown measures to slow the spread of the disease. It predicted growth of 1.2 …
Fact check: Smithfield Farms is not selling meat that was slaughtered, processed in China
A viral but false social post states Smithfield Farms raises hogs in the U.S., then sends them to China to be slaughtered and packaged.
McDonald’s apologizes after a restaurant in China bans black customers
African American residents in Guangzhou have been facing increased xenophobia, which forced the U.S. Consulate to issue a travel warning.
How Bush and Obama Ceded the World Health Organization to China, Increasing Risk of Pandemics Like Coronavirus
Trump is halting U.S. funding of WHO after previous administrations’ “benign neglect” policy allowed Beijing to mislead the organization, with deadly consequences.
Search for a COVID-19 vaccine heats up in China, US
Three potential COVID-19 vaccines are making fast progress in early-stage testing in volunteers in China and the U.S., but it’s still a long road to prove if they’ll really work …
Senate Republicans investigating WHO and China’s coronavirus response
President Trump’s campaign is already calling Joe Biden “weak on China” in fundraising emails. The probe will also include other elements such as looking into why the national stockpile wasn’t “better …
Behind Bloomberg News’ campaign to silence its own journalists for reporting on China corruption
It’s a story that spans decades, exposes corrupt Chinese politicians and shows the lengths Bloomberg L.P. will go to protect its profit. It begins in China when a team of hard-nosed journalists at …
Stocks gain on China trade data, easing pandemic worries
Equity markets rallied globally and the dollar weakened on Tuesday as Chinese trade data defied expectations of a deep downturn as a result of the coronavirus pandemic, igniting hopes that the global …