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The U.S. will designate four Chinese state media outlets as foreign embassies in addition to five such outlets that have already been placed under restrictions, Reuters reported on Wednesday. The State Department could announce the designation as early as Thursday. China Central Television (CCTV) and China News Service are expected to be among the outlets …
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North Korea on Wednesday excoriated the U.S. in the midst of George Floyd demonstrations, comparing the country to a setting sun with China rising. “Demonstrators enraged by the extreme racists throng even to the White House,” read a statement in North Korean state newspaper Rodong Sinmun, translated in the New York Times. “This is the …
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HSBC, the large U.K.-based bank, has signaled its support for China’s controversial national security law aimed at expanding Beijing’s control over Hong Kong. Peter Wong, chief executive for the global bank’s Asia-Pacific region, signed a petition in favor of the law, and the bank shared photos of the moment in a social media post in …
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The Trump administration is planning to bar Chinese airlines from flying to the U.S., Reuters reported on Wednesday. The decision was reportedly made in response to China’s refusal to allow U.S. airlines to resume passenger service to Chinese airports. “We…conclude that the public interest requires the suspension of all Chinese carrier scheduled passenger air services …
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British Prime Minister Boris Johnson said Tuesday that the United Kingdom is ready to offer refuge and citizenship to nearly three million Hong Kong citizens should China implement a restrictive national security law that is currently pending. “Many people in Hong Kong fear their way of life — which China pledged to uphold — is …
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China foreign ministry spokesman Zhao Lijian on Monday urged the U.S. to end racial discrimination following the death of George Floyd. “Black lives matter,” Zhao said at a press conference. “Their human rights need to be guaranteed. Racial discrimination against minorities is a chronic sickness in American society.” Zhao continued, “We hope the U.S. government …
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The investor group that’s buying Grindr has connections to the Chinese tech firm that was forced to sell the gay dating app in the first place, a new report says. Federal regulators last week approved Beijing Kunlun Tech Co.’s sale of Grindr to a company called San Vicente Acquisition LLC. The Committee on Foreign Investment …
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Hong Kong police have banned the annual candlelight vigil commemorating the Tiananmen Square massacre, the deadly 1989 crackdown on students demanding democracy in Beijing, just as tensions rise in the city over controversial national-security legislation. Police denied an application by the group that organizes the vigil in Victoria Park on Hong Kong Island, stating in a …
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US stocks slid Monday as Wall Street grappled with mounting unrest over police brutality and continued tensions with China. The Dow Jones industrial average dropped as much as 140.82 points, or 0.5 percent, to 25,242.29 at the open, while the S&P 500 fell as much as 0.4 percent and the tech-heavy Nasdaq lost as much …
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US stocks took a deep sigh of relief Friday after President Trump’s tough talk toward China did not include the announcement of any new tariffs. The Dow Jones industrial average slid as much as 368.97 points, or 1.4 percent, to 25,031.67 ahead of Trump’s 2 p.m. news conference. That index closed down only 17.53 points, …
The U.S. will designate four Chinese state media outlets as foreign embassies in addition to five such outlets that have already been placed under restrictions, Reuters reported on Wednesday. The State Department could announce the designation as early as Thursday. China Central Television (CCTV) and China News Service are expected to be among the outlets …
