China managed to manage the coronavirus early on, and record a positive economic expansion in 2020, which are good signs for global economy, a scholar stated here in a new interview with Xinhua. … (…
Monthly Archives For January 2021
China Overtakes U.S. as World’s Leading Destination for Foreign Direct Investment
New investments by overseas businesses into the U.S., which for decades held the No. 1 spot, fell 49% in 2020, according to U.N. figures released Sunday, as the country struggled to curb the spread of…
Great Predictions about Blockchain and crypto market in 2021
When any nation’s history is written, the year 2020 will occupy a particular chapter with multiple social-economic difficulties. In that year, most of the world’s economies came to a standstill. The … ( read original…
Wuhan, China, marks a year since it entered lockdown as Ground Zero of coronavirus epidemic
China’s new mystery illness The anniversary of the lockdown Saturday comes as more contagious variants of the coronavirus spread and efforts to vaccinate people against COVID-19 have been frustrated … ( read original story …)
China Evergrande New Energy Vehicle Company Attracts 6 Investors To Raise $3.4 billion
The electric vehicle unit of property developer China Evergrande Group said on Sunday it would bring in six new investors and will raise $3.4 billion to repay debt and fund research, Reuters has … (…
China EV war: Evergrande raises US$3.35 billion in plan to dominate Tesla, NIO and other home rivals
China Evergrande’s electric-car unit is seeking US$3.35 billion from a stock placement to stay in the EV race. Hui Ka-yan’s entity is turning to some familiar friends and tycoons for financial backing … ( read…
11 Miners Rescued In China After 2 Weeks Trapped Below Ground
The workers became trapped on Jan. 10 following an unexplained explosion at a gold mine in the eastern province of Shandong. One miner has already died and another 10 remain missing. ( read original story…
Eleven rescued from gold mine in China after 2 weeks underground
Eleven gold miners trapped underground for two weeks have been rescued in east China’s Shandong Province on Sunday. ( read original story …)
Global report: Covid variant overwhelms state in Brazil, as China fights new cluster
New Zealand reports first community case in over two months; Dutch police make curfew arrests … ( read original story …)
Tencent-Backed Kuaishou, TikTok’s Main Rival in China, Readies its IPO
China’s Kuaishou, the country’s number two short-form video platform, is set to hit the public markets in the next week or two. Although Kuaishou is China’s second-place platform behind Douyin, which … ( read original…
Americans Fine With Paying More If Trading With Democracies, Not China
Americans already pay more for specialty foods and drinks. They’ll definitely pay more for an American made pair of shoes. ( read original story …)
Nasdaq-Listed Crypto Firm Sued, Accused of Defrauding Investors With Fake Bitcoin Mining Business
A class-action lawsuit has been filed against a Nasdaq-listed bitcoin mining company. The suit cites a report claiming that the business is “completely fraudulent,” with nonexistent bitcoin mining … ( read original story …)
Shenzhen announces ban, penalty on property cheats as homebuyers try new tricks to profit from red-hot market
Shenzhen’s local government will slap a three-year ban on buyers who use false information on home purchases to stamp out cheats, two days after Shanghai authorities took draconian steps to stop … ( read original…
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