Caixin/Markit manufacturing purchasing managers’ index (PMI) rose to 52.8 in July from 51.2 in June, with a reading above 50 signifying growth
A potential shotgun wedding to Microsoft Corp (MSFT.O) for TikTok’s U.S. operations provoked an outcry on Monday on Chinese social media as well as criticism from a prominent Chinese investor in TikTok owner ByteDance.
The European Union and China held today their 8th High-Level Trade and Economic Dialogue (HED)
The European Union will limit technology exports to Hong Kong that may be used for repression or surveillance, an EU draft document seen by Reuters said, in the bloc’s first concrete reaction to the Chinese security clampdown on the territory.
China’s economy is expected to recover steadily in the rest of the year, boosted by stimulus measures to reverse the damage from the coronavirus crisis, but weak global demand and rising Sino-U.S. tensions are key risks, a Reuters poll showed on Friday.
“There is a trend towards more direct shipping out of China through digital cross-border shopping channels, which helps alleviate some of the downtrend in Chinese exports driven by the trade wars and increasing political tensions between China and other countries,” Suresh Dalai, senior director at consulting firm Alvarez & Marsal focusing on retail operations in Asia, said in an email.
Huawei Technologies’ founder Ren Zhengfei’s global ambitions are marked in bricks and mortar at a new company campus in southern China, where the buildings are replicas from European cities.
Over 100 teachers of Portuguese as a foreign language in the Asia-Pacific region enrolled for a free course of instruction taught online by the Macao Polytechnic Institute (MPI) between June 30 and July 15, the institute says.
Beijing Capital Airlines of China is resuming its direct commercial flights between China and Portugal after a hiatus due to the Covid-19 pandemic, the Shaanxi Daily reports.
The authorities in the southern Chinese province of Guangdong intend to set up on the island of Hengqin, which abuts Macao, an office for collaboration by prosecutors in China and the Portuguese-speaking world, the Nanfang Daily reports.