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May 26, 2020
ASIA: An internal Chinese report warns that China is facing a rising wake of hostility in the wake of the coronavirus outbreak that could tip relations with United States into a confrontation, people familiar with the matter told Reuters. State media reports say that Chinese President Xi Jinping on Tuesday directed China’s armed forces to […]
May 22, 2020
Due to the US bank holiday on Monday, “Market Talk” will resume on Tuesday, May 26. ASIA: Chinese President Xi Jinping said on Wednesday on the 20th anniversary of Macao’s return to China that the “One Country, Two Systems” principle is totally feasible and enjoys broad public support with characteristics of Macao. Xi made the […]
May 21, 2020
ASIA: China’s parliament has announced that a new national security law in Hong Kong, a move likely to fuel further anger and protests in the semi-autonomous city. The law, which is expected to ban sedition, secession, and subversion of the central government in Beijing, will be introduced through a rarely used constitutional method that could […]
May 20, 2020
ASIA: China has expressed its “strong indignation” after the US secretary of state, Mike Pompeo, sent a message hailing the re-elected Taiwanese president’s “courage and vision” to be read at her inauguration ceremony. China’s foreign ministry said Pompeo’s act had severely damaged peace and stability in the strait between Taiwan and China. It warned it […]
May 19, 2020
ASIA: China’s Foreign Ministry on Tuesday spoke highly of World Health Organization (WHO) member states’ adherence to the one-China principle, saying that this proved “Taiwan independence” will lead nowhere. Foreign Ministry spokesperson Zhao Lijian made the remarks after the World Health Assembly (WHA) decided not to discuss a proposal made by Taiwan authorities and a […]
May 18, 2020
ASIA: Chinese President Xi Jinping said when addressing the World Health Assembly that he supports calls for an investigation into the handling of the coronavirus pandemic, but insisted that any inquiry should wait until the virus is contained. More than 100 countries have called for an independent inquiry into the pandemic, which has so far […]
May 15, 2020
ASIA: Chinese industry rebounded in April from record falls, but the country’s economic recovery remains fragile after the latest threat from US President Donald Trump strained relations further. Industrial production rose 3.9% year-on-year in April after collapsing 13.5% during the January-February period, the National Bureau of Statistics said on Friday. Taiwan has sought India’s support […]
May 14, 2020
ASIA: Market disruptions triggered by the coronavirus crisis have sent more capital into Chinese stocks and some strategists see this as part of a longer-term trend. Todd Willits, head of flow tracking firm EPFR, said in an interview that allocations to China are something people are looking to increase. As US stocks plunged to […]
May 13, 2020
ASIA: China has warned the US that stopping US government’s main pension fund from investing in Chinese equities will only hurt US investors. Trump administration officials linked the action to the coronavirus pandemic, which the US and Chinese governments have blamed on each other in increasingly bitter exchanges. The US Department of Homeland Security and […]
May 12, 2020
ASIA: China has suspended imports of red meat from four Australian abattoirs in a move analysts say was “politically motivated punishment” for Australia’s call for an inquiry into the origins of COVID-19. The Chinese embassy in Canberra did not respond to a request for comment. Israeli Prime Minister Benjamin Netanyahu will force additional checks on […]