On Friday, China’s assistant commerce minister Ren Hongbin told reporters, Beijing is facing unprecedented challenges because of the coronavirus pandemic that has spread across the globe to more than 200 countries. At a news briefing, Ren Hongbin said, following a… Read More ›
In a report, the South China Morning Post said, the United States and China are expected to set aside their differences and focus on the challenges of controlling and stopping the pandemic when leaders of the G20 nations hold talks… Read More ›
With WHO finally classifying China’s coronavirus as pandemic, U.S. Senate Finance Committee Chairman Chuck Grassley stated, a payroll tax cut was among the options being tabled to offset the economic impact of the coronavirus. “If you’re going to negotiate in… Read More ›
The U.S. Administration is “looking at” investments made by the California Public Employees’ Retirement System (CalPERS) in Chinese military companies, said U.S. national security adviser Robert O’Brien. O’Brien’s comments come midst U.S. charges of massive Chinese espionage in the United… Read More ›
Exchange operator CME Group Inc stated, it would close its Chicago trading floor after business hours on Friday in order to reduce potential exposure to China’s coronavirus which has gone pandemic. China’s coronavirus, which began in Wuhan where Beijing has… Read More ›
In a statement, Uber Technologies Inc said, it will offer compensation to drivers and delivery people who have either been diagnosed with the coronavirus or have been placed in quarantine for up to 14 days. Uber has already begun compensating… Read More ›
In a report, the Foreign Correspondents Club of China stated, the Chinese government has “weaponised” the issuance of visas as part of a stepped-up campaign to apply pressure on foreign journalists operating in the country. In February, China revoked the… Read More ›
On Thursday, the Global Times, published by China’s People’s Daily newspaper of the country’s ruling Communist Party said, Beijing is weighing the option of using a disaster-related clause in the Phase-1 trade deal with the United States following the outbreak… Read More ›
With China’s coronavirus threatening to put the brakes on China’s recovering economy, Chinese officials are hoping the U.S. will agree to some flexibility on its pledges in the recently signed phase-1 trade deal, said sources familiar with the situation at… Read More ›
With the China’s coronavirus showing no signs of slowing down, Beijing is preparing to take steps to adjust to a slower rate of economic growth with officials pondering whether economic growth targets for 2020 should be softened. According to sources… Read More ›
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