ASIA: Australia has hit out at “needlessly” worsening relations with China, with the country’s prime minister appealing for smaller nations not to be caught in the crossfire of Sino-US rivalry. Morrison insisted Australia wanted “mutually beneficial” relations with both its largest trading partner and the United States, while having the right to pursue its own […]

ASIA: President Xi Jinping would like to poise China as the new financial capital of the world as the Western economy continues to decline. President Xi said that China’s “resilience and vitality” will help maintain its “super-sized” economy. In what some saw as a swipe at US President Trump’s “America First” policy, Xi touted China’s […]

The allegations of fraud are coming in from so many sectors concerning particularly Pennsylvania and Michigan. The Postal Worker who the Democrats claimed recanted his allegations of ballot tampering at the Post Office has provoked the worker to come out and deny that as just another lie. “I am right at this very moment looking […]

ASIA: Chinese short-video and live-streaming app Kuaishou filed for an initial public offering on the Hong Kong Stock Exchange, CNBC reported. The offering is reportedly expected to raise $5 billion. Morgan Stanley, Bank of America Securities, and China Renaissance are the underwriters, according to the filing. Video game streaming aside, analysts say the video apps […]

ASIA: Chinese President Xi Jinping tried to re-assure international businesses that the nation is committed to open trade, amid concerns that the new ‘dual circulation’ strategy will mean the world’s second-largest economy is set to become more insular. Xi speech was closely watched, given the backdrop of the U.S. election result and the shock withdrawal […]

ASIA: Ant Group’s highly anticipated IPO has been suspended following a meeting between the company’s billionaire co-founder Jack Ma and regulators in China, an abrupt move that threatens what was due to be the largest share sale in history. The Shanghai Stock Exchange said in a statement on Tuesday that it had postponed the company’s […]

ASIA: Australia’s former ambassador to China, Geoff Raby, has warned Australia is likely to keep suffering economic harm from “repeated rounds of Chinese economic coercion,” and needs to find a way to reset the relationship. He said Seafood exporters are the latest industry group to report disruptions in accessing the Chinese market, and thus Australia […]

ASIA: China’s gasoline demand could hit a peak around 2027, according to a new report from Goldman Sachs. Demand could fall by around 6 percent from that peak by 2030. However, Goldman Sachs does not see crude oil demand hitting a peak this decade, “due to sustained non-OECD economic growth.” In the next five years, […]

ASIA: China appears to have comprehensively lost the international battle for hearts and minds over its handling of coronavirus with most people believing it was responsible for the start of the outbreak and was not transparent about the problem at the outset. The findings come from the YouGov-Cambridge Globalism Project, a survey of 26,000 people […]

ASIA: The United States government has labeled six more Chinese media companies operating in the US as foreign missions in the latest round of tit-for-tat between Beijing and Washington over restrictions on journalists. US Secretary of State Mike Pompeo announced the decision at a press briefing on Wednesday, saying that the six media companies were […]