The technology used to test for the coronavirus is different from those used in the diagnosis of other rare diseases, cancer and birth defects in pregnancy, but the scale of the c … ( read…
Monthly Archives For May 2020
Yum China keeps bets on dine-in, sticks to expansion plans after virus
Yum China is betting that Chinese consumers will still choose to dine-in in the aftermath of the coronavirus crisis and plans to open more Pizza Hut and KFC outlets in China’s smaller cities in the…
Investors’ No. 1 concern is a US-China political face-off, says economist
The coronavirus pandemic might have peaked, but the political fallout from it is just picking up pace and investors are getting very worried, said an economist on Wednesday. ( read original story …)
China plans to complete space station by 2022
China plans to send four crewed space missions and the same number of cargo craft to complete work on its permanent space station within about two years … ( read original story …)
China tourism revenue drops nearly 60% in first major holiday since coronavirus outbreak
During the Labor Day holiday that ran from May 1 to May 5 this year, China recorded tourism revenue of 47.56 billion yuan ($6.79 billion), down nearly 60% from last year, according to the Ministry…
Young May Day travellers raise hope for China’s tourism
China’s tourism sector showed encouraging signs of recovery over the May Day holiday with 115 million trips made, many by car and by younger people emerging from weeks of coronavirus lockdown, … ( read original…
Jack Ma’s online bank plans $400 billion lending spree
With China’s economy in free fall and millions of small businesses running low on cash, the online lending platform backed by billionaire Jack Ma entered crisis mode.. Read more at straitstimes.com. ( read original story…
Coronavirus latest: Beijing warns Hong Kong protesters it will not ‘sit idly by’
China brands anti-government demonstrators as ‘political viruses’, increasing the rhetoric as the territory eases social distancing restrictions. ( read original story …)
Britain undergoing ‘mindset change’ toward Beijing, says leading lawmaker
Beijing’s handling of the coronavirus outbreak is prompting the UK to question its dependency on Chinese trade, says Tobias Ellwood. ( read original story …)
China says HK will never be calm unless violent protesters removed
China’s Hong Kong affairs office on Wednesday condemned Hong Kong protesters as a “political virus” who seek independence, warning that the city will never be calm unless what it said were violent … ( read…
Asia equities rally fades as China returns from holiday
China has denied the lab was involved. The stand-off has stoked fears that the trade war between the world’s two largest economies could reignite. But on Tuesday, the S&P 500 closed nearly 1 per cent…
Trump’s anti-China theory implodes
(CNN)The big lie of the Trump administration is that China is the cause of America’s problems. The meme has worked for a while, since it plays into American smugness that if China is succeeding, they…
Trump’s tariff threats against China are ‘largely bluster’: Charles Schwab
It will be difficult for U.S. President Donald Trump to backtrack on the U.S.-China “phase one” trade deal after previously lauding it as “the best deal ever made”, says Jeffrey Kleintop of Charles … (…