#CHINA #TIKTOK #HUAWEI China said Saturday it had launched a mechanism enabling it to restrict foreign entities, a much-anticipated move seen as retaliation to US penalties against Chinese companies such as telecom giant Huawei. An announcement by the Ministry of Commerce did not mention any specific foreign entities, but broadly spelled out the factors that […]
#Fed #PresidentTrump #economic #recovery #jobs #growth The Fed boosted its view of the American economy’s recovery from the China virus crisis Wednesday, projecting the chaos will take a smaller bite from the economy this year with 3 yrs of steady growth to follow. In new economic projections released along with the FOMC’s latest policy statement, […]
Top Chinese and US negotiators spoke on the phone Tuesday and agreed to “push forward” their phase one economic deal, amid soaring tensions between the two sides on several fronts. The US and China signed the accord in January, bringing a partial truce in their lingering trade war and obliging Beijing to import an additional […]
#PresidentTrump #China #trade Thursday, White House economic adviser Larry Kudlow said The Trump Administration is satisfied with China’s progress in meeting commitments to purchase US goods in a Phase 1 trade deal, signaling that the pact will survive an initial review Saturday. China “is now really picking their imports of our commodities — which is a […]
$AAPL #Apple #USA #WeChat #Nasdaq #Stocks #Trading #Markets AppleTicker: NASDAQ:AAPLPrice: $452.04 Company News Will the US ban on WeChat sink Apple in China? Washington’s decision to ban the Chinese superapp could force smartphone users in China to choose between the iPhone and their favourite app, according to this article in the Nikkei Asian Review. It […]
$0941.HK #ChinaMobile #HongKong #Stocks #Trading #Markets China MobileTicker: 0941.HKPrice: HKD56.95 Company News When China Mobile snapped up a New Territories industrial site for HK$3.6 billion ($46 million) at a government auction last month, the mainland telecom giant outbid its closest competitor by 56 percent, according to an announcement by the Lands Department on 7 July. […]
$0939.HK #China #Construction #Bank #HongKong #Stocks #Trading China Construction BankTicker: 0939.HKPrice: HKD5.85 Business Summary CHINA CONSTRUCTION BANK CORPORATION is a commercial bank. The Bank operates its businesses through corporate banking businesses, including corporate deposit, corporate credit loan, asset custody, enterprise annuity, trade financing, international settlement, international financing and value-added services, among others, personal banking businesses, […]
#USChina #trade No mater what you have heard, China is buying US goods as required. China is continuing to buy US goods, particularly commodities, under its Phase 1 trade deal with the United States, despite rising tensions over Hong Kong and other issues, White House economic adviser Larry Kudlow said Tuesday. Asked if deteriorating ties […]
$0839.HK #ChinaEducationGroup #HongKong #Stocks #Trading China Education GroupTicker: 0839.HKPrice: HKD15.70 Business Summary China Education Group Holdings Ltd is an investment holding company principally engaged in the provision of private higher education services. The Company operates its business through three segments: the Higher Education segment, the Vocational Education segment, and the Global Education segment. The Company […]
$0081.HK #OverseasGrandOceans #HongKong #Stocks #Trading Overseas Grand Oceans GroupTicker: 0081.HKPrice: HKD4.88 Business Summary China Overseas Grand Oceans Group Ltd. is an investment holding company mainly engaged in the investment of properties. Along with subsidiaries, the Company operates its business through three segments. The Property Investment and Development segment is engaged in the construction of residential […]
Seven months after the United States and China signed a preliminary agreement to temper their trade war, Beijing’s purchases of US agricultural goods have yet to reach the deal’s target. As President Donald Trump readies for a tough reelection battle in November, US media reported the two sides are set to meet beginning August 15 […]
China saw another surprise jump in exports last month as the global economy slowly reopened after virus lockdowns, data showed Friday, but there were warnings that while the country is expected to get back on track by year’s end, overseas shipments would likely struggle. The readings, however, showed an unexpected fall in imports, highlighting the […]
$GOOGL #Google #YouTube #USA #China #Nasdaq #Stocks #Trading GoogleTicker: NASDAQ:GOOGLPrice: $1504.95 Company News Google deleted 2,500 YouTube accounts with connections to China between April and June in an effort to combat the intentional spread of misinformation on the platform. News of the removal comes as relations between China and the US grow increasingly tense, partly […]
Tensions between the United States and China have been rising over a range of issues from the handling of the coronavirus to national security, Hong Kong and trade. Washington ordered the closure of the Chinese consulate in Houston last month — accusing it of being a centre for spies — and China hit back by […]
$0939.HK #China #Construction #Bank #HongKong #HSI #Stocks China Construction BankTicker: 0939.HKPrice: HKD5.86 Business Summary CHINA CONSTRUCTION BANK CORPORATION is a commercial bank. The Bank operates its businesses through corporate banking businesses, including corporate deposit, corporate credit loan, asset custody, enterprise annuity, trade financing, international settlement, international financing and value-added services, among others, personal banking businesses, […]
$0941.HK #ChinaMobile #Earnings #Release #HongKong #HSI #Stocks China MobileTicker: 0941.HKPrice: HKD53.25Recommendation: Buy Business Summary China Mobile Limited is an investment holding company principally engaged in telecommunication and related businesses. Its main businesses include Mobile businesses, Wireline Broadband businesses and Internet of Things (IoT) businesses. Mobile businesses include two categories of services. Voice services include local […]
$3988.HK #BankofChina #HongKong #HSI #Stocks #Markets #Banks Bank of ChinaTicker: 3988.HKPrice: HKD2.65 Business Summary BANK OF CHINA LIMITED is a China-based commercial bank. The Bank is mainly engaged in the provision of banking and related financial services, including commercial banking business, investment banking business, insurance business, direct investments and investment management businesses, fund management business […]
$1918.HK #Sunac #China #HongKong #HSI #Stocks #Trading Sunac ChinaTicker: 1918.HKPrice: HKD35.75 Business Summary Sunac China Holdings Limited is principally engaged in the sales of properties in the People’s Republic of China (the PRC). The Company operates its business through two segments: Property Development and Property Management and Others. The Company’s subsidiaries include Sunac Real Estate […]
$1398.HK #Industrial #Commerical #Bank #HongKong #HSI #Stocks Industrial and Commercial Bank of ChinaTicker: 1398.HKPrice: HKD4.67Recommendation: Buy Industry News To accelerate the rollout of the digital yuan, the People’s Bank of China (PBoC) has partnered with over 20 companies in the country to test it in the real world. The central bank first inked partnerships with […]
$0788.HK #ChinaTower #HongKong #HSI #Stocks #Trading China TowerTicker: 0788.HKPrice: HKD1.40Recommendation: Buy Business Summary CHINA TOWER CORPORATION LIMITED is a China-based telecommunications tower infrastructure service provider. The Company mainly has three business segments. The Tower Business segment mainly uses sites to carry out macro cell and small cell businesses with telecommunications service providers (TSPs). The Indoor […]
$3968.HK #HongKong #HSI #China #MerchantsBank #Stocks China Merchants BankTicker: 3968.HKPrice: HKD36.65 Business Summary China Merchants Bank Co., Ltd. (the Bank) is a China-based commercial bank. The Bank operates its businesses through three segments, which are Wholesale Finance segment, Retail Finance segment and Other segment. Wholesale Finance segment consists of savings and loans; settlement and cash […]
#TENCENT $TCEHY India has banned 47 more Chinese apps just weeks after blocking the highly popular video-sharing platform TikTok and 58 others over national security and privacy concerns, an information ministry official and media reports said Monday. Tensions between the world’s two most-populous nations soared last month after a Himalayan border clash that left 20 […]
$BABA #Alibaba #NYSE #USA #China #Stocks #Markets #Trading Alibaba (NYSE:BABA) is benefiting from two powerful bullish trends. Today we’re taking a close look at both, and identifying how you can join the party using Alibaba stock options. When you look at sector performance off the March low, it’s not possible not to notice the leadership […]
Yum China Holdings, Inc. (the “Company” or “Yum China”) (NYSE: YUMC) today announced that it has been named as the Official Retail Food Services Sponsor of the Olympic and Paralympic Winter Games Beijing 2022 (“Beijing 2022”). Yum China also becomes an Official Sponsor of the Chinese Olympic Committee through the end of 2024. As the […]
Maoyan Entertainment (“Maoyan” or “the Company”) (Hong Kong: 1896), a leading platform providing innovative Internet-empowered entertainment services in China, has teamed up with online entertainment service provider iQIYI and China’s leading social media platform Weibo to jointly release a report on China’s movie market for the first half of 2020. The report draws from various […]
China saw forecast-beating economic growth in the second quarter after a record contraction in the previous three months, as businesses cautiously returned to normality after strict lockdowns across the country. The figures released Thursday follow a string of data showing the world’s number two economy slowly emerging from the outbreak, and should provide hope to […]
$BABA $SOHU #CHINA China has seen plenty of bad news but the Economy is set for a rapid rebound Chinese trade enjoyed surprise growth in June as the world slowly emerges from economy-strangling lockdowns, though officials warned of headwinds for recovery owing to the spread of the pandemic. The figures come days before the release […]
#TENCENT #BYTEDANCE #CHINA White House trade advisor Peter Navarro said Sunday he expected President Donald Trump to act firmly against the TikTok and WeChat applications, amid rising tensions between Washington and Beijing. Trump last week had said he is considering banning the wildly-popular TikTok app as a way to punish China over the coronavirus pandemic. […]
#CHINA #CORONAVIRUS China returned to growth in the second quarter after the coronavirus pandemic handed the world’s second largest economy its first contraction in decades, according to an AFP poll of analysts. The survey of analysts from 11 institutions pegged China’s growth at 1.3 percent — a far cry from the 6.1 percent expansion posted […]
#world #stock #markets #coronavirus #AsiaPacific China blue-chip shares end at over 5-yr high in Bull run’s 6th day running Chinese blue-chip shares rose for a 6th straight day to close at a more than 5 yr highs Tuesday, as retail investors rushed to join the officially sanctioned Bull market, but stocks pared gains late in […]
#WallStreet #trend #bullish #ISM #C19coronavirus #FakeNews #stocks #markets $DIA $SPY $QQQ $RUTX $VXX The S&P 500 rose 1.6% Monday in a Bullish start to the week, but it was the NAS Comp (+2.2%) and DJIA (+1.8%) that gained the advantage on the day. The NAS closed at another record high, the Russell 2000 underperformed the […]
$2628.HK #China #HongKong #ChinaLife #Insurance #Stocks #FakeGold China Life InsuranceTicker: 2628.HKPrice: HKD20.15Recommendation: Sell Business Summary China Life Insurance Company Limited is a life insurance company. The Company provides a range of insurance products, including individual and group life insurance, health insurance and accident insurance products. It operates through three segments: Life Insurance, Health Insurance, and […]
Hong Kong really does have a new normal, adjust your portfolio quickly as change is coming at a rapid rate. Hong Kongers are scrubbing their social media accounts, deleting chat histories and mugging up on cyber privacy as China’s newly imposed security law blankets the traditionally outspoken city in fear and self-censorship. China’s authoritarian leaders […]
$COE #USA #China #Education #Stocks #ChinaOnlineEducation China Online Education Group has experienced an increase in hedge fund sentiment of late China Online EducationTicker: NYSE:COEPrice: $25.25Recommendation: BuyTarget Price: $37.00 Business Summary China Online Education Group is a China-based company principally engaged in the provision of online English language education services. The Company operates an online education platform […]
$CHA #USA #NYSE #China #Stocks #ChinaTelecom #ShayneHeffernan China Telecom looks to 5G SA to fuel quantum leap China TelecomTicker: NYSE:CHAPrice: $29.42Recommendation: BuyTarget Price: $48.92 Company News China telecom chairman and CEO Ke Ruiwen backed standalone (SA) 5G to lead major changes across society, helping to power advanced IT platforms and fuel the digital economy. During […]
#CHINA #ECONOMY #CORONAVIRUS China’s factory activity picked up pace in June, official data showed Tuesday, although analysts warned weak global demand and a potential coronavirus resurgence are weighing on its longer-term recovery. The world’s second-largest economy has been whirring back to life after the virus and sweeping lockdowns prompted a near-halt in activity at the […]
China Wafer Level CSP Co., Ltd. (603005.SS) $603005.SS #China #Stocks #Semiconductors Good Value Stock Worth Looking At Rise in demand for miniaturization of devices and improved system performances and optimization of advances packaging drive the global advanced packaging market China Wafer Level CSPTicker: 603005.SSPrice: CNY78.50Recommendation: Strong Buy Sector Outlook The global advanced packaging industry was pegged at $29.42 […]
$DIA $SPY $QQQ $RUTX $VXX Thursday, Top White House economic adviser Larry Kudlow said the US economy will not shut down again and cripple the strong economic recovery. Mr. Kudlow said there will be “spikes and hot spots,” that might force shutdowns “in individual places or certain stores.” But the American people will/can “have to […]
Beken Corporation (603068.SS) China $603068 #semiconductors #beken #stocks #investing – China Is Still In Business Looking at chips, there’s a huge kind of market opportunity Beken CorporationTicker: 603068.SSPrice: CNY 81.44Recommendation: Buy Sector News U.S. curbs on Chinese tech companies amid the heightening Sino-U.S. battle for tech supremacy are feeding an investment boom across China’s semiconductor […]
The Eiffel Tower Thursday welcomed back visitors after The China Virus outbreak caused the Paris landmark into its longest period out of action since WWII. Visitors can access the 1,062 ft tower only via staircases until early July, with elevators off-limits for the time being because of safety considerations. In addition, visitors are not allowed […]
US home prices defied economic downturn and will move back to Y 2019 highs as they supported by record low mortgage rates and limited supply. That according to a Poll that showed housing outpacing consumer price rises in Ys 2020 and 2021. The US housing market was the center of the Y 2008 financial crisis […]
US home prices defy this economic downturn and are riding out the chaos, supported by record low mortgage rates and limited supply, according to a new poll that showed housing outpacing consumer price rises this year and next. The US housing market, which was at the epicenter of the prior financial crisis that led to […]
White House economic adviser Larry Kudlow said there is no 2nd wave of the C-19 coronavirus pandemic, even though there are some flare-ups in states such as Florida, and it is unlikely there will be widespread shutdowns across the country. “There are some hotspots. We’re on it,” Mr. Kudlow said in an interview. “We know […]
China Unicom (Hong Kong) Limited (0762.HK) Upcoming Industry Trend, Undervalued + Long-Term Growth China UnicomTicker: 0762.HKPrice: HKD 4.39 China’s telecommunications industry saw steady growth in the first five months of this year, data showed. The combined industrial revenue reached 574.1 billion yuan ($81 billion) during the period, up 2.8% year-on-year, according to the Ministry of […]
The ongoing dispute between the two powerhouses of the world has caused more than just waves in their respective economies. As a result of the trade diversions set out by the US, the EU, Taiwan, Mexico and Vietnam have now picked up parts of this trade. Lucrative as it has been for them and the […]
China Life Insurance Company Limited (2628.HK) Is A Solid Bet The gradual evaporation of fears over COVID-19 will eventually help China Life Insurance regain what it lost before this pandemic came around. China Life InsuranceTicker: 2628:HKPrice: HKD 15.90 China Life Insurance Company Limited is a life insurance company. The Company provides a range of insurance […]
More tax breaks? China’s plans to introduce real estate investment trusts (REITs) mark a crucial step to urge private money to fund infrastructure such as toll roads and sewage systems, however authorities have their work cut out in creating a fully-fledged market. In several countries REITs are used as a way for investors to own […]
Trade adviser Peter Navarro says there will be “serious consequences” for China’s role in the spread of the C-19 coronavirus chaos around the globe. In an interview Mr. Navarro, who serves as director of trade and manufacturing policy, defended his accusation that China withheld information and personal protective equipment from the world community at the […]
Don’t expect Trump’s policies to concern China overly, they have already built trade routes the world over and will continue to invest regionally in South East Asia. As China exits the Coronavirus ahead of the USA it has significant opportunity to cement trade deals ahead of other nations still stuck in the pandemic quagmire. Factory […]
The White House is “furious at what China has done in recent days, weeks, and months,” and President Trump will present ideas for holding the Asian nation accountable for its actions concerning the C-19 coronavirus chaos and with its aggressions against Hong Kong, Taiwan, and other countries, National Economic Council Director Larry Kudlow said Friday. […]
US President Donald Trump on Friday ordered a probe into the actions of Chinese companies listed on American financial markets as tensions flared anew between the world’s two biggest economies. The announcement followed Beijing’s move to implement a new security law on semi-autonomous Hong Kong that critics say would stifle freedom, as well as with […]
Global equities mostly sank on Friday as US President Donald Trump readied his response to Beijing’s controversial planned national security law for Hong Kong. Trump has called a news conference to outline his response later Friday, as the heightened tensions overshadow increasing signs that the global coronavirus crisis is easing. “Beijing has defied all US […]
Premier Li Keqiang delivered the Government Work report to the third session of the 13th National People’s Congress today. China will work to make sure they are achieving their development goals of winning the battle against financial condition and completing the building of a moderately prosperous society in all respects this year, though setting no […]
Dow Jones Industrial Average (.DJI) Fell as China Trade Tensions Escalate The Dow Jones Industrial Average fell 101.78 points, or 0.41%, to close at 24,474.12. The S&P 500 lost 23.10 points, or 0.78%, to end at 2948.51, and the Nasdaq Composite fell 90.90 points, or 0.97%, to close at 9284.88. China is coming up with […]
Australian Dollar: USD/AUD (AUD=X) Further escalation in Australia – China tensions There have been reports about China trade retaliation following the 80% tariff on barley imports from Australia for the next 5 years together with Chinese officials having drawn up a list regarding potential goods including seafood, oatmeal and fruit that could be subject to […]
Investors in China seemed content with existing government measures to support the country’s slumping economy. But they are now calling for more stimulus. Judging by the lack of conviction in Chinese financial markets, the outcome of this month’s key policy meetings may be the deciding factor for investors. While volatility in stocks and the yuan […]
USD: Enjoys a broader bid overnight, alongside somewhat higher yields and choppy equity markets as US rates reflect some fading of the negative rates story (though markets are still pricing negative in 2021). This comes as Fed speak from Evans and Bostic attempts to pushback on negative rates with the former seemingly taking a more […]
Trade negotiators from the United States and China will hold a phone call as early as next week, citing people familiar with the matter. The call will include Chinese Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer. The talks will be about progress in implementing a phase-one deal after U.S. President Donald Trump […]
China’s exports saw a shock 3.5 percent rise in April despite the global impact of the coronavirus pandemic, official figures showed Thursday, but analysts warned of weakness ahead as key markets suffer downturns. The brewing threat of a renewed trade war with the United States could also pose a problem, observers said. You will find […]
The Trump Administration is “turbocharging” an initiative to rip global industrial supply chains from China as it weighs new tariffs to punish Beijing for its handling of the coronavirus outbreak. President Trump has stepped up attacks on China ahead of the 3 November US Presidential election, and he vows to bring manufacturing home from overseas. […]
London and New York stocks sank on Friday after US President Donald Trump lashed out at China over the coronavirus crisis, bringing back bad memories of a damaging standoff between both countries over trade. The eurozone’s key equity markets were shut for a public holiday as were several exchanges in Asia. Investor nerves were tested […]
Foreign affairs expert and Asia analyst Gordon Chang says China wants to ‘grab’ the world’s information. “They are giving subsidized equipment and Beijing is doing this because it wants to grab the world’s information,” he said Thursday of China telecom giant Huawei, which lawmakers and intelligence agencies have accused of undermining national security through alleged corporate […]
Wednesday, Larry Kudlow, President Trump’s Top economic adviser said The Administration will look at limiting liability for businesses over the spread of the coronavirus. “I think liability reforms and safeguards are going to be a very important part of this,” Larry Kudlow, director of the White House’s National Economic Council, said in a TV interview Wednesday […]
Gold 1 OZ (XAU=X) demand in China continued to be in the doldrums Gold prices fell to a more than one-week low on Monday as the dollar firmed and as investors remained optimistic that the U.S. economy might reopen soon from lockdowns that were enforced to contain the novel coronavirus’ spread. Shayne Heffernan Trade Idea […]
$OIL The Big A: Relying on China for economic development was never a good idea, but it turned out to be more dangerous than we thought. Italy and Iran are 2 of the countries hardest hit by The Wuhan Virus, outside of China. Helen Raleigh explains why at The Federalist: The reason these 2 countries are […]
Australian Dollar: USD/AUD (AUD=X) unchanged despite weaker-than-expected China Q1 GDP Aussie remained bid despite weaker-than-expected China Q1 GDP. Renewed hopes for coronavirus treatment support the antipodeans. STAT news report that Gilead Sciences’ experimental drug ‘Remdesivir’ is seeing rapid recoveries in fever and respiratory symptoms associated with coronavirus. On the data front, China registers first GDP […]
“We are doing a very thorough examination of this horrible situation that happened.” President Trump refused to comment about reports the the US intel has a high level of confidence the coronavirus pandemic emanated from a Wuhan, China, virology lab. The intel suggests that a Wuhan laboratory with lax safety protocols infected an intern with […]
Hong Kong: HANG SENG INDEX (.HSI) shares end higher as China trade data lifts sentiment Hong Kong shares closed higher on Tuesday after China reported smaller-than-expected contractions in imports and exports in March, and as fears over the global spread of the new coronavirus eased. The Hang Seng index ended up 135.07 points or 0.56% […]
Shanghai: SSE Composite Index (.SSEC) shares rise amid wait for China data, global earnings Asian shares rose Tuesday although investors were braced for a sobering first look at how the coronavirus pandemic has hurt global corporate earnings and the Chinese economy, the driver of growth for the region. Japan’s benchmark Nikkei 225 added 2.2% in […]
Australian Dollar: USD/AUD (AUD=X) highly sensitive to risk sentiment because of Australia’s dependence on China and the global commodities trade The Australian Dollar, which is highly sensitive to risk sentiment because of Australia’s dependence on China and the global commodities trade, inched higher on Friday due to the light bank holiday volume, highlighting easing stress […]
The Chinese Communist regime and/with the World Health Organization (WHO) are not only complicit in one another’s global coronavirus pandemic culpability, they are criminally negligent, according to President Trump’s personal attorney Rudy Giuliani. “China’s failure to communicate clearly with WHO is a crime of international proportions, and WHO fixing it for China is disgraceful,” Mr. […]
Small and medium-size businesses (SMBs)account for about 44% of the US economy and provide jobs for about 59-M people in the US. As the COVID-19 coronavirus pandemic continues to cause human suffering on a global scale, a majority of US SMBs fear that the economic impact will also lead to a reduction in revenues and are […]
The Chinese Communist regime is going to face “a day of reckoning” for the global coronavirus pandemic, not only killed Americans but damaging its economy. The Big Q that is being debated in Washington now about holding China financially responsible for America’s health crisis and corresponding economic impact. When we find evidence and we will find […]
Today, most people think of the Black Death as something just in history books. a time before doctors knew about viruses and bacteria. But this month, 3 people in China were diagnosed with 2 different forms of The Plague, highlighting that it is not entirely a thing of the past. Neither are discussions about the cause […]
Hong Kong: HANG SENG INDEX (.HSI), China stocks lead Asia gains as risk-on sentiment returns on coronavirus progress and on hopes oil deal will be reached Hong Kong and China stocks led gains in major Asia markets on Tuesday, as investors bet on signs the world’s lockdowns are slowing the spread of the coronavirus pandemic. […]
The Fog of War obscures much about the novel coronavirus pandemic. But 2 facts are certain, 1) China’s Communist authorities have lied, concealed and misled about the origins of the epidemic and the toll of the virus in China, and 2) the World Health Organization has acted as Beijing’s handmaid. The result: The global toll of this […]
United States Oil (USO) Surges on China Stockpiling U.S. equity futures rose with European stocks on Thursday as investors braced for the latest unemployment data from the world’s biggest economy. Oil surged after China unveiled plans to boost its reserves. Contracts on the main U.S. equity benchmarks all climbed following steep losses for the underlying […]
The UK FTSE 100 (.FTSE) rose marginally today after China’s factories showed signs of bouncing back in March, but still delivered its worst quarter since 1987 The FTSE 100 rose marginally today after China’s factories showed signs of bouncing back in March, but still delivered its worst quarter since 1987 as investors panic over coronavirus. […]
Tuesday, Senator Rick Scott, (R-FL) called for Congress to investigate the World Health Organization (WHO) and consider cutting its funding, saying the group was “helping Communist China cover up” the coronavirus outbreak. “The mission of the WHO is to get public health information to the world so every country can make the best decisions to […]
The Netherlands is the latest country to reject China-made coronavirus testing kits and other protective gear, calling the items substandard and raising serious questions about the quality of the supplies Beijing is selling to the world. The Netherlands joins Spain, Turkey, Georgia, and the Czech Republic in their concerns over masks and test kits. The claims come as the number […]
The number of Chinese cellphone users dropped by 21 million in the past three months, Beijing authorities announced on March 19. Deaths due to the CCP virus may have contributed to the high number of account closings. Cellphones are an indispensable part of life in China. “The digitization level is very high in China. People […]
Mainland China reported a second consecutive day of no new local coronavirus infections as the epicenter of the epidemic, Hubei Province, opened its borders, but imported cases rose as Beijing ramped up controls to prevent a resurgence of infections. A total of 67 new cases were reported as of the end of Wednesday, up from 47 a […]
Alibaba Group Holding Limited (NYSE:BABA) Taobao launches platform to help factories digitalise their operations in China Taobao, the e-commerce marketplace owned by Alibaba Group Holding, has launched a new initiative to help drive the digital transformation of traditional factories in China using its consumer-to-manufacturer (C2M) system. The platform will enable companies to better manage raw […]
Spain struggled to cope on Wednesday with a mounting coronavirus crisis as its death toll exceeded China’s with another 738 lives lost in a single day, and a third senior government minister was diagnosed with the virus. With 3,434 fatalities, Spain now has the second-highest number of deaths globally after Italy’s 6,820. Nursing homes across […]
Tesla and SpaceX CEO Elon Musk said in a tweet on Monday that he sourced 1,255 ventilators and shipped them to Los Angeles, as hospitals and medical facilities around the US face shortages due to the coronavirus outbreak. California Gov. Gavin Newsom said in a press conference on Monday that Musk has delivered 1,000 ventilators to help […]
$USO $BA In this time of global crisis and economic uncertainty, both Democrats and Republicans have been seeking to exploit the China Virus pandemic in pursuit of partisan policy objectives. Bad policy! The Washington Free Beacon has come up with 10 elements to fix and shield the US economy from the WHO/China Virus crisis. Congress should […]
The coronavirus economic stimulus package being negotiated in a late session by the Senate Saturday will exceed $2-T, according to estimates by the White House National Economic Council Director Larry Kudlow. “The package is coming in at about 10% of GDP,” Mr. Kudlow said. “It is very large.” That would mean more than $2-T, a reporter […]
Los Angeles County public health officials reported 2 more people died of The China Virus Saturday, 21 March. There have also been 59 more confirmed cases of the virus. Overall, 4 people have died and 351 cases have been confirmed since the pandemic began. The 2 people who died most recently were both older than […]
During these uncertain times, it is good to know that we can count on our love for all the beautiful things in this world. Much of the global population is at a standstill as scientists and governments try and stem the spread of coronavirus. Happily, cultural centers including museums, theaters, and national parks, are stepping up […]
$MSFT $BRK.A $BRK.B The coronavirus was 1st publicly identified in Wuhan, China, dubbed The China Virus, in November 2019 is a new coronavirus, the 7th coronavirus identified that is able to infect humans, 6 other coronaviruses are capable of infecting humans and these can cause diseases which range from mild to severe, and include the […]
The death toll in Italy from the coronavirus overtook China’s on Thursday, and infections in the United States climbed past 10,000, in a stark illustration of how the crisis has pivoted toward the West. Italy, with a population of 60 million, recorded at least 3,405 deaths, or roughly 150 more than in China — a […]
The US and the West cannot be dependent upon China for Key pharmaceuticals, President Trump’s policies are changing that and bring the API and medical equipment manufacturing home. Thursday, Fred Fleitz, the President of the Center for Security Policy, told the press that the US must make “some very serious demands on China” regarding the […]
Coronavirus: South Korea, China and Singapore are among the Asian countries facing a second coronavirus wave South Korea, China and Singapore are among the Asian countries facing a second coronavirus wave, spurred by people importing it from outside. China, where the virus first emerged, reported no new domestic cases on Thursday for the first time […]
Just In: President Trump is signing a Buy American executive order to bring more manufacturing for medical supplies back to the US, shredding China 2025. The essence of the order is to bring all of that home so that the US does not have to worry about foreign dependency. Making and Keeping America Great! President […]
Recognizing a marked slowdown in new infections at the epicenter of the coronavirus, China’s Top health commission says the virus has passed its peak in the nation. Travel restrictions being lifted, and businesses reopening in Wuhan. Businesses in Wuhan and Hebei Province have reopened while authorities ease travel restrictions. “Broadly speaking, the peak of the […]
Apple Inc. (NASDAQ:AAPL) closes all stores outside Greater China for 2 weeks Apple Inc said Saturday it’s closing its hundreds of retail stores outside of Greater China until March 27 and is moving to remote work in order to help reduce the spread of coronavirus. In a letter posted on Apple’s website, Chief Executive Officer […]
Shanghai: SSE Composite Index (.SSEC) – Profit Taking Drives China Stock Markets to Lower Close After Early Rise Investors cashed in their chips in the afternoon following Chinese stock markets’ buoyant opening after yesterday’s rise in the US, thus undermining the day’s earlier gains and drawing the overall market down as the curtain fell. The Shanghai Composite […]
Shanghai: SSE Composite Index (.SSEC) – China’s trade economy slowly coming back to life, but US$190 billion export hit expected China’s trade economy is slowly coming back to life, but the coronavirus outbreak has already inflicted huge and lasting damage to global trade. A series of metrics showed that this week, China made significant progress […]
Alibaba Group Holding Limited (NYSE:BABA) is proving resilient to China’s economic slowdown In the last month since the coronavirus from China emerged, China-based stocks have not faced that much selling pressure. Alibaba (NYSE:BABA) stock is holding up well. Investors are speculating that the lockdown in several of the country’s biggest cities will lead to a […]
United States Oil (USO) prices fall as coronavirus spreads outside China with death toll at 2,900 With the viral outbreak spreading to more countries, the price of oil has dropped precipitously as global demand weakens even further. That has sent shares tumbling for oil giants like Exxon and Chevron while smaller producers with idling rigs […]