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BBC World News banned from broadcasting in China, as London-Beijing media war heats up

China’s National Radio and Television Administration (NRTA) announced the ban on Thursday, stating that the BBC’s reports “violated the requirements that news should be truthful and fair, harmed China’s national interests and undermined China’s national unity.” The “reports” in question likely refer to BBC Newsnight’s coverage of China’s Xinjiang Province, …

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China soon to rival NY & London as world’s financial center – Ray Dalio

In an interview with the Financial Times, he said 2020 was a “defining year” for the Chinese financial markets. The Covid crisis had highlighted the country’s economic outperformance, and spurred a trillion yuan ($155 billion) of investment inflows. Although China’s financial system remains less developed than its Western peers’, it “will eventually …

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