China: Daily Scan, December 24, 2020

Yearender-Commentary: Time to steer China-U.S. relations back to right course: Xinhuanet

December 24, 2020

In retrospect, the year 2020 has regrettably seen China-U.S. relations being trapped in a downward spiral amid the evolving COVID-19 pandemic.Over the past year, by smearing China's anti-epidemic efforts, interfering in China's internal affairs and sanctioning Chinese hi-tech companies, Washington hawks have dragged down relations between the two countries to the lowest point since the establishment of bilateral diplomatic ties. Click here to read... [2]

China, Russia criticize US sanctions: China Daily

December 24, 2020

Unilateral sanctions and unjustified crackdowns imposed by Washington have drawn strong criticism from both Beijing and Moscow, and were discussed in a phone conversation between State Councilor and Foreign Minister Wang Yi and Russian Foreign Minister Sergei Lavrov on Tuesday. Click here to read... [3]

Delisting of Chinese firms in US to hurt both sides: China Daily

December 24, 2020

Outgoing US President Donald Trump has signed a bill calling for the delisting of foreign companies that don't adhere to the same accounting transparency standards that securities regulators impose on US public companies. Click here to read... [4]

China kicks off antitrust probes into Alibaba over alleged monopolistic practices, as regulators summon Ant to meet: South China Morning Post

December 24, 2020

China’s antitrust regulator has officially started investigations into alleged monopolistic business practices of Alibaba Group Holding, including the requirement for e-commerce merchants to pick only one platform as their exclusive distribution channel. Click here to read... [5]

Chinese State-Owned Enterprises Among Recipients of COVID-19 Wage Subsidy: The Epoch Times

December 23, 2020

Chinese state-owned enterprises were found to be recipients of Canada’s COVID-19 wage subsidy benefit.
In an effort to push for transparency, the Canada Revenue Agency (CRA) launched a search registry on Monday to help Canadians track employers who have been receiving the Canada Emergency Wage Subsidy (CEWS) amid the COVID-19 pandemic. Click here to read... [6]