The German Press is starting to wake up at last after a period of just saying Yes mam! They have run the story that if we acted rationally, we could quickly overcome the consequences of the corona crisis. But politics is deliberately spreading panic among the population and stirring up fear – and in this […]

  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 […]

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 […]

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 […]

ASIA: China on Monday threatened to retaliate against a US rule tightening visa restrictions on Chinese journalists in an escalating row after Beijing expelled more than a dozen American reporters. Citing China’s treatment of the reporters, the US Homeland Security Department issued new regulations on Friday, limiting visas for Chinese journalists to a maximum 90-day […]

ASIA: China said that their exports rose 3.5% in April, crushing expectations of a group of economists who predicted a decline of 1-5.7% for the same period. According to data from the General Administration of Customs released on Thursday, exports rose 3.5% from a year ago while imports fell 14.2% in the same period. China’s […]

ASIA: China is aiming to complete work on its space station within about two years, officials said after the launch of a new spacecraft on Tuesday. China eventually plans to send four crewed space missions and cargo craft to complete work on its permanent space station. China challenged US Secretary of State Mike Pompeo to […]

ASIA: A nationalist news agency controlled by the Chinese Communist Party has dismissed claims by the Trump administration that the novel coronavirus originated from a laboratory, as the war of words over the pandemic escalates between Washington and Beijing. US Secretary of State Mike Pompeo said on Sunday in an interview with ABC that there […]

ASIA: The WHO has urged China to take part in its investigations into the animal origins of the novel coronavirus. Scientists believe the killer virus jumped from animals to humans, emerging in China late last year, possibly from a market in Wuhan that was selling exotic animals for meat. President Donald Trump’s threats to reignite […]

  ASIA: China’s official index of manufacturing purchasing managers slipped to 50.8 in April from 52.0 in March, the National Bureau of Statistics said. Pandemic triggered recessions around the world have made Chinese manufacturers pessimistic about export demand. Cui Tiankai, China’s ambassador to the United States, has said the two countries need to look beyond […]