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December 2, 2020

Chinas

Breakingviews – Healthcare IPO examines value of China’s big tech

Reuters
A doctor reads medical images on a screen during a diagnostic competition between an AI machine and human experts at the China National Convention Center in Beijing, China, June 30, 2018. Picture taken June 30. China Daily/via REUTERS HONG KONG (Reuters Breakingviews) – JD.com is offering a timely reminder of......

Breakingviews – China’s lengthening lowball list lures lawyers

Reuters
A worker takes vaccine vials to inspect at the workshop of vaccine maker Wuhan Institute of Biological Products in Wuhan, Hubei province, China May 26, 2010. Picture taken May 26, 2010. REUTERS/Stringer ATTENTION EDITORS – THIS IMAGE WAS PROVIDED BY A THIRD PARTY. CHINA OUT. – RC1304F25BA0 HONG KONG (Reuters......

China’s factory activity expands at fastest pace in over three years

Reuters
Industrials Stella Qiu Ryan Woo BEIJING (Reuters) – China’s factory activity expanded at the fastest pace in more than three years in November, while growth in the services sector also hit a multi-year high, as the country’s economic recovery from the coronavirus stepped up. FILE PHOTO: An employee works on......

Exclusive: Trump to add China’s SMIC and CNOOC to defense blacklist – sources

Reuters
By Alexandra Alper, Humeyra Pamuk WASHINGTON (Reuters) – The Trump administration is poised to add China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to U.S. investors and escalating tensions......

China’s central bank could intervene after ‘glaring’ state-firm bond defaults, analyst says

CNBC
CNBC – For more and to sign up click here A man wears a protective mask as he rides past the The People’s Bank of China in Beijing. Emmanuel Wong | Getty Images SINGAPORE — The People’s Bank of China (PBOC) could step in following a number of recent bond......

Credit Suisse says regulatory risks are unlikely to stop China’s tech companies from growing in 2021

CNBC
CNBC – For more and to sign up click here An investor looks at screens showing stock market movements at a securities company in Nanjing in China’s eastern Jiangsu province on July 6, 2020. STR | AFP | Getty Images SINGAPORE — China’s equity and bond markets are set to......

China’s antitrust push won’t bring an ‘explosion of cases’ against online platforms, professor says

CNBC
CNBC – For more and to sign up click here Jack Ma, founder of Alibaba Group, attends opening ceremony of the 3rd All-China Young Entrepreneurs Summit on September 25, 2020 in Fuzhou, Fujian Province of China. Lyu Ming | China News Service via Getty Images SINGAPORE — China’s latest antitrust......

Pope, for first time, says China’s Uighurs are ‘persecuted’

Reuters
VATICAN CITY (Reuters) – In a new book, Pope Francis for the first time calls China’s Muslim Uighurs a “persecuted” people, something human rights activists have been urging him to do for years. FILE PHOTO: Pope Francis looks on as he celebrates a Mass as part of World Youth Day,......

China’s Surveillance State Sucks Up Data. U.S. Tech Is Key to Sorting It.

New York Times
URUMQI, China — At the end of a desolate road rimmed by prisons, deep within a complex bristling with cameras, American technology is powering one of the most invasive parts of China’s surveillance state. The computers inside the complex, known as the Urumqi Cloud Computing Center, are among the world’s......

China’s Baidu beats quarterly revenue expectations

Reuters
FILE PHOTO: A employee uses his mobile phone as he walks past the company logo of Baidu at its headquarters in Beijing, August 5, 2010. REUTERS/Barry Huang/File Photo (Reuters) – China’s Baidu Inc BIDU.O reported third-quarter revenue above market expectations on Monday, as its video streaming service iQIYI IQ.O added......

While Training Continues, China’s Prized Women’s Hockey Players Are in Russia

New York Times
Seth Berkman The players most crucial to Chinese women’s ice hockey reside in a hotel about 70 miles south of Moscow. The quasi resort’s expansive grounds contain horses, stray cats and a speleochamber — a salt cave designed to improve breathing. That these players are in Russia and not Beijing,......

China’s Xi calls for further development of Yangtze economic belt

Reuters
(Reuters) – China’s President Xi Jinping has called for further development of the Yangtze River economic belt as part of the country’s “dual circulation” strategy, the official Xinhua news agency said on Sunday. Xi first raised the concept of dual circulation in May this year, amid a rift with the......

China’s Xi calls for further development of Yangtze economic belt

Reuters
(Reuters) – China’s President Xi Jinping has called for further development of the Yangtze River economic belt as part of the country’s “dual circulation” strategy, the official Xinhua news agency said on Sunday. Xi first raised the concept of dual circulation in May this year, amid a rift with the......

Trump bans investments in companies that White House says aid China’s military

CNBC
CNBC – For more and to sign up click here U.S. President Donald Trump attends a bilateral meeting with China’s President Xi Jinping during the G-20 leaders summit in Osaka, Japan, June 29, 2019. Kevin Lamarque | Reuters President Donald Trump on Thursday signed an executive order barring Americans from......

Morgan Stanley names internet companies that will be hit by China’s proposed anti-monopoly rules

CNBC
CNBC – For more and to sign up click here People walk past a Tencent sign at the company headquarters in Shenzhen, Guangdong province, China August 7, 2020. David Kirton | Reuters SINGAPORE — China has drafted a slew of new anti-monopoly laws that will likely hit the country’s major......

China’s Alibaba says post-COVID Singles’ Day sales hit $74 billion

Reuters
A woman checks data of Alibaba Group’s Singles’ Day global shopping festival at a media center in Hangzhou, Zhejiang province, China November 11, 2020. REUTERS/Aly Song HANGZHOU, China (Reuters) – China’s Alibaba said on Wednesday orders on its e-commerce platforms during the Singles’ Day shopping extravaganza hit a record 498.2......

China’s ByteDance challenges Trump’s TikTok divestiture order

Reuters
By Echo Wang, David Shepardson NEW YORK/WASHINGTON (Reuters) – ByteDance, the Chinese parent company of video-sharing app TikTok, filed a petition late on Tuesday with a U.S. Appeals Court challenging a Trump administration order set to take effect on Thursday requiring it to divest TikTok. FILE PHOTO: A reflection of......

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